RailTel Share Price in Focus; Bags ₹24.53 Crore Order from East Coast Railway

RailTel Corporation of India Ltd has secured a work order from East Coast Railway valued at ₹24.53 crore (₹24,53,62,894), inclusive of taxes. The company received the Letter of Acceptance (LoA) on 19 March 2026.  

The order has been awarded by a domestic railway zone and disclosed under applicable listing regulations. It relates to operational support within the railway network. 

Nature of Work 

The contract involves outsourcing manpower for signalling and telecommunications (S&T) maintenance in the Khurda Road Division. These activities are part of routine railway operations and support the functioning of existing infrastructure.  

The scope is limited to workforce deployment and does not include construction or system upgrades. The work is service-based and focused on maintenance. 

Execution Period 

The contract will run for 2 years, with completion expected by 18 March 2028. The timeline shows a fixed-term arrangement aligned with maintenance requirements of the division.  

The order was received at on 19 March 2026, as stated in the company’s disclosure. 

Compliance and Disclosures 

RailTel disclosed the order under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additional details were provided as per the SEBI Master Circular dated 30 January 2026.  

The company confirmed that the contract does not involve related party transactions. It also stated that there is no promoter group interest in the awarding entity. 

Read More: RailTel Share Price in Focus; Secures ₹48 Crore Cyber Security Order from North Bihar Power Distribution Company! 

RAILTAIL Corp Share Price Performance  

As of March 23, 2026, 11:46 am, RailTel Corporation of India Ltd share price stood at ₹258.60, a 4.75% decrease from the previous closing price. 

Conclusion 

The order adds to RailTel’s ongoing maintenance-related contracts within the railway sector. It is structured as a two-year service agreement with a defined scope and value. 

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