RailTel Corporation of India Ltd has secured a major railway signalling contract worth ₹35,54,82,968 from Dy. Cste/P/Cnb, marking another significant milestone in the company's infrastructure development portfolio. The Navratna PSU announced this development through a regulatory filing dated February 19, 2026, in compliance with SEBI listing obligations.

Contract Details and Scope

The awarded contract encompasses the provision of MSDAC (Multi Section Digital Axle Counter) and other associated works, including suitable indoor alterations in EI/RRI/PI stations across the Prayagraj Division of Northern Central Railway. This comprehensive railway signalling project represents a substantial domestic infrastructure development initiative.

Timeline and Execution Framework

The project carries a 24-month execution timeline from the date of Letter of Acceptance, with the final completion deadline set for February 17, 2028. RailTel Corporation received the Letter of Acceptance on February 18, 2026, at 16:00 hours, providing a clear framework for project commencement and milestone tracking.

Regulatory Compliance and Disclosure

The announcement was made pursuant to Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this order does not involve any related party transactions and maintains arm's length dealing principles. Additionally, no promoter or group company interests are associated with the awarding entity.

Strategic Significance

This domestic railway signalling contract reinforces RailTel Corporation's position in India's railway infrastructure modernization efforts. The MSDAC system implementation across multiple station categories in the Prayagraj Division represents a significant technological upgrade for the Northern Central Railway network, enhancing operational efficiency and safety standards across the designated railway corridor.

RailTel Corporation of India Limited, the Navratna PSU under the Ministry of Railways, has secured a major contract worth Rs 16,99,20,000 from Lucknow Municipal Corporation. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details and Scope

The Letter of Intent (LoI) pertains to project management consultancy services for Lucknow Municipal Corporation, marking a significant expansion of RailTel's service offerings in the municipal sector. The contract details are structured as follows:

Order Receipt and Timeline

RailTel received the work order on February 10, 2026, at 19:38 hours, with the company promptly disclosing the information to stock exchanges on February 11, 2026. The contract is scheduled for completion by February 15, 2031, providing RailTel with a long-term revenue stream from municipal operations.

Regulatory Compliance and Transparency

The contract award follows standard procurement procedures with no related party transactions involved. Key compliance aspects include:

• No promoter or group company interest in the awarding entity
• Arms-length transaction with no related party implications
• Domestic entity contract under standard tender process
• Timely disclosure without any reporting delays

Strategic Significance

This contract represents RailTel's continued diversification beyond its core railway telecommunications business into municipal and urban infrastructure services. The 5-year duration provides revenue visibility and demonstrates the company's capability to secure substantial contracts in the government and public sector domain.

The announcement was signed by J.S. Marwah, Company Secretary and Compliance Officer, confirming RailTel's commitment to transparent disclosure practices as a listed Navratna PSU.