Railtel Secures ₹35.45 Crore Contract from Mumbai Municipal Corp.
RailTel Corporation of India Ltd. secured a ₹35.45 crore contract from the Municipal Corporation of Greater Mumbai. The order is for providing communication solutions for five years to the Disaster Management Department, with execution expected by March 10, 2031.
The contract value of ₹35.45 crore is material for the company and represents a new business win.
The company has secured a significant new order which is expected to contribute to its revenue.
RailTel Corporation of India Ltd. has announced the receipt of a Letter of Acceptance (LoA) from the Municipal Corporation of Greater Mumbai. The contract involves providing comprehensive communication solutions with redundancy for a period of five years to the Disaster Management Department.
The estimated value of this order is ₹35,44,83,378. The order is to be executed by March 10, 2031. This is a domestic contract awarded by a government entity.
The company confirmed that neither the promoter, promoter group, nor any group companies have any interest in the Municipal Corporation of Greater Mumbai, and the contract does not fall under related party transactions. The LoA was received on December 11, 2025, at 18:27.
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Railtel Corporation Of India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Railtel Corporation Of India Limited. Read the original for the full detail.