Railtel Corporation Of India Limited has received a work order from The Goa Labour Welfare Board for development of an exclusive end-to-end online portal. The contract is valued at Rs 27.06 crore including tax, as specified in the work order received on June 29, 2026, at 16:00 hours. The order was disclosed under Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The domestic entity contract involves creation of a dedicated online portal for the Goa Labour Welfare Board with execution required to be completed by August 23, 2026. The broad consideration for the order stands at Rs 27,06,04,323 as per the work order documentation. This work order falls under the company's digital transformation initiatives for government entities.
Railtel Corporation Of India Limited confirmed that the promoter or promoter group holds no interest in the entity that awarded the contract. The order does not fall within related party transactions and has been awarded at arm's length basis. No delay in reporting has been indicated by the company.
The work order has received approval from Executive Director Works Right at Railtel Corporation Of India Limited. The company filed the intimation with stock exchanges on June 29, 2026, pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. This disclosure covers all material details as required under the applicable regulations.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.