Announced Mon, 13 Apr · 18:57 IST

Railtel Corporation Of India Limited has informed the Exchange about change in Management

Management Changes View source PDF

RAILTEL · price

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Price reaction · full curve 14 horizons · vs prior close
+17.8%1-day move
₹284.53
prior close
₹300.03
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.3+5.4+4.5+7.1+17.8+17.9+14.4+14.8+16.9+10.9+22.4+12.9+12.1+6.2
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AI summary

Railtel Corporation informed exchanges that its Board revised the company's Materiality Policy on April 13, 2026. As a result, the Chief Technology Officer (Shri R S Mani) and Chief Information Security Officer (Shri Ravi Kant Prasad) will now be classified as Senior Management Personnel under SEBI regulations. This is a policy reclassification rather than new appointments—both executives were already serving in these roles. The change brings these positions under stricter disclosure and governance requirements under SEBI LODR regulations.

Likely market impact

This is a procedural change with minimal direct impact on shareholders. It expands the scope of 'Senior Management' reporting requirements but does not involve any leadership transitions or strategic changes.