RailTel Corporation of India Limited (RailTel) has announced a significant business development, securing a new order worth ₹182.2 crore from the Center for E-Governance (CEG), Karnataka. This order marks a substantial win for the telecommunications infrastructure provider, reinforcing its position in the government services sector.

Order Details

The company disclosed the following key information about the order:

Project Scope

The order involves providing support for the Karnataka State Wide Area Network (KSWAN) 2.0 infrastructure. RailTel will be responsible for ensuring the continued operation and maintenance of the existing routers and switches that form the backbone of this critical state-level network.

Significance of the Order

This contract underscores RailTel's capabilities in managing and supporting large-scale network infrastructure projects. By securing this order from a state government entity, RailTel demonstrates its strong position in the public sector telecommunications market.

The size of the order, at ₹182.2 crore, is substantial and is likely to have a positive impact on the company's financial performance for the relevant fiscal periods.

Regulatory Compliance

RailTel has promptly disclosed this information in compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that investors and stakeholders are kept informed of significant developments that may influence the company's performance and market position.

Conclusion

The securing of this major order by RailTel from the Karnataka government's Center for E-Governance represents a significant business opportunity for the company. It not only adds to RailTel's order book but also strengthens its presence in the government infrastructure services sector. As the project unfolds, stakeholders will likely keep a close watch on its execution and the potential for similar opportunities in other states.

Railtel Corporation of India has taken a significant step forward in its operational expansion by awarding a substantial contract to RTNS Technology Private Limited. The agreement, valued at ₹16.31 crore (₹163,079,586.31 to be precise), encompasses supply and installation services, marking a notable development for the state-owned information and communications technology infrastructure provider.

Contract Details

The work order, issued to RTNS Technology Private Limited, a domestic entity, outlines the following key points:

• Scope of Work: Supply and installation services as per RailTel's customer work order
• Contract Value: ₹16,30,79,586.31
• Time Frame: Provisions for possible time extension through mutual consent
• Award Date: September 30, 2025, at 17:52 hours

Regulatory Compliance

RailTel has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the necessary details as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Additional Information

• Contract awarded to a domestic entity
• Not a related party transaction
• No interest from promoter, promoter group, or group companies in RTNS Technology Private Limited

This contract award demonstrates RailTel's ongoing efforts to enhance its service capabilities and infrastructure. As a key player in India's telecommunications sector, particularly in railway-related communications, RailTel's investments and partnerships are crucial for the country's digital infrastructure development.