Railtel Corporation Of India Limited has received a Letter of Intent from Director IT for a disaster recovery infrastructure project, which was officially disclosed on June 17, 2026. The Letter of Intent was received on June 16, 2026, at 17:21 hours, and the intimation is made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
The order encompasses the complete supply, installation, integration, and commissioning of Disaster Recovery IT Infrastructure at a data center empaneled by the Ministry of Electronics and Information Technology. it includes five years of Operation and Maintenance services after commissioning to ensure the infrastructure remains fully operational and reliable.
The estimated size of the order is Rs 52.57 crore, which includes all applicable taxes, and it is a domestic contract that must be executed by January 12, 2027. Railtel Corporation Of India Limited has stated that the promoter group has no interest in Director IT, the entity awarding the order, and there are no related party transactions involved in this agreement.
This disclosure was made with the approval of ED/ER at Railtel Corporation Of India Limited, and it is a computer-generated advice that requires no physical signature. The order win enhances Railtel's portfolio in the telecom and IT infrastructure sector, and there were no delays in reporting the event to the stock exchanges.
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.