RailTel Appoints New Chief Vigilance Officer and Faces Regulatory Fines

1 min read     Updated on 28 Nov 2025, 06:56 PM
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Overview

RailTel Corporation of India Ltd has appointed Ms. Sarika Aggarwal Synrem as its new Chief Vigilance Officer for a three-year term starting November 21, 2025. Synrem, a 2001-batch Indian Defence Accounts Service officer, brings over two decades of experience in defence finance and governance. Simultaneously, RailTel faces fines of Rs. 10,85,600 from NSE and BSE for non-compliance with board composition requirements for the quarter ended September 30, 2025. The company attributes this to government control over director appointments.

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RailTel Corporation of India Ltd (RailTel) has announced significant changes in its senior management and faced regulatory action, as revealed in recent corporate filings.

New Chief Vigilance Officer Appointment

RailTel has appointed Ms. Sarika Aggarwal Synrem as its new Chief Vigilance Officer (CVO) for an initial period of three years. Key details of the appointment include:

  • Effective Date: November 21, 2025
  • Term: Initial period of 3 years from the date of assuming charge
  • Experience: Over two decades in defence finance and governance

Ms. Aggarwal Synrem brings a wealth of experience to her new role. She is a 2001-batch Indian Defence Accounts Service officer with a diverse background in areas such as defence finance, governance, capacity building, program evaluation, and revenue administration.

Professional Background

Ms. Aggarwal Synrem's career highlights include:

  • Integrated Financial Adviser in the Indian Army and Air Force
  • Joint CGDA (Pensions Audit)
  • Commissioner Secretary in multiple Meghalaya departments
  • Director, Meghalaya Administrative Training Institute

Her contributions have led to significant reforms, including OROP-2 implementation, GST-related policy recommendations, social audit rules, and strengthening of the dairy sector.

Regulatory Non-Compliance and Fines

In a separate development, RailTel has faced regulatory action:

Aspect Details
Imposed by National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)
Fine Amount Rs. 5,42,800 each (Total: Rs. 10,85,600)
Reason Non-compliance with board composition requirements
Period Quarter ended September 30, 2025

RailTel has attributed this non-compliance to the government's control over director appointments, highlighting the challenges faced by public sector enterprises in meeting certain regulatory requirements.

This situation underscores the complex regulatory environment that public sector companies like RailTel operate in, balancing government control with stock market regulations.

The appointment of Ms. Aggarwal Synrem as CVO, coupled with the regulatory fines, reflects both internal changes and external challenges for RailTel. As the company navigates these developments, stakeholders will be keenly watching how these factors may impact its governance and compliance strategies going forward.

Historical Stock Returns for Railtel Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%-3.25%-10.20%-16.77%-20.23%+173.63%
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RailTel Secures ₹65.71 Crore Educational Lab Contract from Gujarat's Sarva Shiksha Abhiyan

1 min read     Updated on 07 Nov 2025, 10:59 AM
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Reviewed by
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Overview

RailTel Corporation of India has won a contract worth ₹65.71 crore from Sarva Shiksha Abhiyan (SSA), Gujarat. The project involves design, installation, and maintenance of an educational lab (LBD Lab) until November 8, 2028. This SITC (Supply, Installation, Testing, and Commissioning) contract, received on November 6, 2025, marks RailTel's expansion into the education sector, diversifying its portfolio beyond telecom infrastructure services.

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

Railtel Corporation of India , a prominent player in the telecom infrastructure sector, has clinched a significant contract worth ₹65.71 crore from Sarva Shiksha Abhiyan (SSA), Gujarat. The project, focused on educational lab design, installation, and maintenance services, marks a notable expansion of RailTel's portfolio in the education sector.

Contract Details

The company has provided key information about the contract through a regulatory filing:

Aspect Details
Client Sarva Shiksha Abhiyan (SSA), Education Department, Gujarat
Project Scope Design, Installation, and Maintenance of Educational Lab - LBD Lab
Contract Value ₹65.71 crore
Project Duration Until November 8, 2028
Nature of Contract SITC (Supply, Installation, Testing, and Commissioning)
Order Receipt Date November 6, 2025

Project Significance

This contract underscores RailTel's diversification strategy, extending its expertise beyond traditional telecom services into the education sector. The project aligns with the government's push for enhancing educational infrastructure and digital learning capabilities across India.

Company's Position

RailTel's success in securing this contract demonstrates its competitive edge in delivering complex technological solutions. The long-term nature of the project, spanning until 2028, provides the company with a stable revenue stream and the opportunity to establish a strong foothold in the educational technology space.

Market Implications

While the contract value of ₹65.71 crore may not significantly impact RailTel's overall financial position immediately, it represents a strategic move into a growing sector. This diversification could potentially open doors for similar projects in other states, contributing to the company's long-term growth prospects.

As RailTel continues to expand its service offerings beyond its core telecom infrastructure business, investors and market watchers will likely keep a close eye on the company's execution of this project and its implications for future growth in the education sector.

Historical Stock Returns for Railtel Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%-3.25%-10.20%-16.77%-20.23%+173.63%
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