RailTel Share Price in Focus; Secures ₹119.19 Crore Order from Department of Posts

RailTel Corporation of India has added a major government technology contract to its order portfolio after receiving a work order from the Department of Posts on August 10, 2026, as per the exchange filings. 

The assignment involves provisioning and managing cloud services for the department's Postal Life Insurance operations.  

₹119.19 Crore Work Order 

The contract carries a total value of ₹1,19,18,68,499, including tax, equivalent to approximately ₹119.19 crore. 

It is classified as a domestic work order, with the Department of Posts identified as the awarding entity. 

Cloud Services for Postal Life Insurance 

RailTel's mandate covers both the provisioning and management of cloud services for Postal Life Insurance. 

The project has an execution deadline of September 21, 2026, according to the disclosed work order details. 

Contract Details 

The company stated that its promoters, promoter group and group companies have no interest in the entity awarding the order. 

The work order also does not constitute a related-party transaction. The filing further indicates that there was no delay in reporting the order. 

About RailTel 

RailTel Corporation of India is a Navratna PSU with its registered and corporate office in East Kidwai Nagar, New Delhi. 

Its operations are centred on telecommunications and technology infrastructure, with the company also undertaking digital and cloud-related services for government organisations. 

Read More: KEC International Share Price Falls Over 2% After Q1 FY27 Earnings Results: Total Income Up 0.2% YoY! 

RailTel Share Price Performance  

As of 11 August 2026, at 11:03 AM, RailTel Corporation of India share price was trading at ₹289.25 per share, reflecting a decline of 0.55% from the previous trading session. 

Conclusion 

The Department of Posts order gives RailTel a ₹119.19 crore cloud services mandate for Postal Life Insurance, with the contract scheduled for execution by September 21, 2026. 

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