RailTel's Rs 2,098 Crore Bihar Education Project Order Cancelled

1 min read     Updated on 24 Oct 2025, 06:26 PM
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Reviewed by
Riya DeyScanX News Team
Overview

RailTel Corporation of India announced the cancellation of a Rs 2,097.86 crore work order from the Bihar Education Project Council. The order, initially secured on September 13 for implementing education quality enhancement under the PM SHRI scheme, was revoked on October 24 due to unavoidable circumstances. RailTel disclosed this information to stock exchanges in compliance with SEBI regulations.

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Railtel Corporation of India , a prominent player in the telecommunications infrastructure sector, has announced the cancellation of a significant work order worth Rs 2,097.86 crore. The order, which was initially secured from the Bihar Education Project Council for the implementation of education quality enhancement under the PM SHRI scheme, has been revoked due to unavoidable circumstances.

Order Details and Cancellation

The company had initially informed the stock exchanges about securing this major order on September 13. However, in a recent development communicated to the stock exchanges on October 24, RailTel disclosed that the customer, State Project Director of Bihar Education Project Council, has cancelled the work order.

Project Scope and Value

The cancelled project details are as follows:

Aspect Details
Project Name Implementation for Education Quality Enhancement in Bihar under PM SHRI
Original Order Date September 13
Cancellation Date October 24
Estimated Order Value Rs 2,097.86 crore
Client State Project Director, Bihar Education Project Council

Regulatory Compliance

RailTel has adhered to regulatory requirements by promptly informing the stock exchanges about this development. The company's disclosure aligns with Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Impact and Outlook

While the specific reasons for the cancellation were not disclosed beyond being described as "unavoidable," this development may have implications for RailTel's project pipeline and near-term revenue projections. Investors and market analysts will likely be keen to understand the potential impact of this cancellation on the company's future growth strategies and financial outlook.

As the situation develops, stakeholders will be watching closely for any further updates from RailTel regarding potential replacement projects or strategies to address the impact of this cancellation on their business operations.

Historical Stock Returns for Railtel Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.22%+0.69%-0.92%+17.24%-10.47%+205.48%
Railtel Corporation of India
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RailTel Sets Board Meeting for Q2 Results and Interim Dividend Consideration

1 min read     Updated on 23 Oct 2025, 12:52 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

RailTel Corporation of India Limited has scheduled a board meeting for October 29, 2025, to review and approve Q2 and half-year financial results ending September 30, 2025, and consider an interim dividend for FY 2025-26. The record date for dividend eligibility is set for November 4, 2025. The company has implemented a trading window closure for designated persons from October 1, 2025, until 48 hours after the financial results declaration, in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Railtel Corporation of India Limited (RailTel) has announced a crucial board meeting scheduled for October 29, 2025, to deliberate on key financial matters. The meeting agenda includes the review and approval of unaudited financial results for the second quarter and half-year ending September 30, 2025, as well as the consideration of an interim dividend for the fiscal year 2025-26.

Key Details of the Announcement

Particulars Details
Board Meeting Date October 29, 2025
Financial Period Quarter and Half-Year ended September 30, 2025
Record Date November 4, 2025
Purpose of Record Date Determining eligibility for interim dividend
Dividend Payment Timeline Within 30 days from declaration

Trading Window Closure

In compliance with regulatory requirements, RailTel has implemented a trading window closure for designated persons and their immediate relatives. This closure began on October 1, 2025, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended September 30, 2025.

Regulatory Compliance

The company's actions are in accordance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. Specifically:

  • The board meeting announcement aligns with Regulation 29
  • The record date fixation complies with Regulation 42
  • The financial results consideration adheres to Regulation 33

RailTel's proactive disclosure of these corporate actions demonstrates its commitment to transparency and regulatory compliance. Investors and stakeholders should mark these dates, particularly the record date of November 4, 2025, which will determine eligibility for any interim dividend that may be declared.

As the financial landscape continues to evolve, RailTel's upcoming board meeting may provide valuable insights into the company's performance and its approach to shareholder returns in the current fiscal year.

Historical Stock Returns for Railtel Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.22%+0.69%-0.92%+17.24%-10.47%+205.48%
Railtel Corporation of India
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