Railtel Corporation Of India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
RAILTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Railtel Corporation has received a Purchase Order from The New India Assurance Company Ltd. for an AI/ML Based Solution to monitor and investigate fraud, waste, and abuse in health insurance claims. The order value is Rs. 24,91,19,240 (approximately Rs. 249 crore) including tax. This is a domestic order to be executed by May 2029. The order was received on May 7, 2026. The transaction is not a related party transaction and no promoter interest exists in the awarding entity.
This order represents a significant addition to Railtel's order book, providing revenue visibility over the next three years. Given Railtel's annual revenue base, this order likely exceeds 5% of annual revenue, making it a material contract for the company.