Rs 10,166 Crore Order Book; Navratna PSU Secures Rs 20,35,24,096 Government Contract from Himachal Pradesh

DSIJ Intelligence/ 28 Apr 2026 /Categories: Mindshare, Trending

Rs 10,166 Crore Order Book; Navratna PSU Secures Rs 20,35,24,096 Government Contract from Himachal Pradesh

RailTel Secures Rs 20,35,24,096 Government Order from Himachal Pradesh Higher Education Department Board Meeting Scheduled on 30 April to Consider Q4FY26 Results and Final Dividend

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The Indian equity markets were trading on a weak note on Tuesday, with the Nifty 50 index down by 124.20 points or 0.52 per cent at 23,968.50 during the session. Despite pressure in the benchmark indices, stock specific action continued in select PSU counters. Amid this, RailTel share price gained 2.14 per cent to Rs 330.75 after the company announced receipt of a fresh domestic government contract from the Directorate of Higher Education, Himachal Pradesh.

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RailTel Secures Rs 20.35 Crore Government Work Order

RailTel Corporation of India informed the stock exchanges that it has received a Letter of Acceptance dated April 27, 2026 at 18:08 from the Directorate of Higher Education, Himachal Pradesh for establishing a MIS-Central Dashboard System for Higher Education Institutions across the state.

The total estimated contract size stands at Rs 20.35 crore including tax. The company stated that the execution timeline of the project is scheduled up to April 27, 2031.

Scope of Project Includes Statewide Higher Education MIS Dashboard

The awarded work involves development and implementation of a Management Information System based Central Dashboard System designed for monitoring, reporting and data management across Higher Education Institutions in Himachal Pradesh. RailTel classified the order as a domestic contract awarded by a domestic government entity.

RailTel Confirms No Related Party Interest

RailTel further clarified that neither its promoter, promoter group nor any group companies have any interest in the entity that awarded the contract. The company also confirmed that the transaction does not fall under related party transactions. The disclosure was made under Regulation 30 of SEBI Listing Regulations read with the applicable SEBI Master Circular.

Board Meeting Scheduled on 30 April to Consider Q4FY26 Results and Final Dividend

RailTel Corporation of India has informed the stock exchanges that a meeting of its Board of Directors is scheduled to be held on Thursday, April 30, 2026, inter-alia, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The Board will also consider recommendation of final dividend, if any, for the financial year 2025-26.

About RailTel Corporation of India Ltd

RailTel Corporation of India Ltd is a Navratna Central Public Sector Enterprise under the Ministry of Railways. The company operates one of India’s largest neutral telecom infrastructure networks with over 63,000 route kilometres of optic fibre connectivity and presence across more than 7,000 railway stations.

RailTel provides broadband telecom, network modernisation, cloud, data centre, cybersecurity, e-office, smart station and ICT infrastructure services to government departments, enterprises and institutional clients across India.