RailTel faces Rs 60.26 Cr arbitration claim from 3i Infotech over Wi-Fi contract

Regulatory & Legal View source PDF Explain this filing

RAILTEL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹297.95

prior close

—

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.1%-0.9% vs market

Telecom - Services peers, median of 16sector · industry level+0.4%-1.3% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Smallcap 250 and 1.3 pts less than its Telecom - Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+0.1-0.9+0.4-1.3

Next day

-1.1+0.5-1.7+0.3-1.5

-2.5-0.8-1.7+0.5-3.0

-3.2-2.0-1.2-1.5-1.6

-3.9-2.2-1.7-1.1-2.8

-3.3-1.0-2.3-1.8-1.5

-1.6-0.1-1.5-1.5-0.1

15d

-2.1+1.9-4.0-2.2+0.1

-5.6+1.9-7.5-5.6+0.0

-12.9+1.5-14.4-8.6-4.3

-19.1-5.3-13.8-12.5-6.6

UpDownMarket · Nifty Smallcap 250Sector · Telecom - Services peers, median of 16Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

RailTel informed exchanges of a new arbitration filed by 3i Infotech Limited, which is claiming Rs 60.26 Crore after RailTel terminated a contract tied to its Wi-Fi Monetisation Project, originally awarded through competitive bidding. RailTel has filed a counter-claim of Rs 91.34 Crore. The matter is before an Arbitration Tribunal, and financial impact will depend on final adjudication of claims and penalties.

Likely market impact

Early-stage arbitration with uncertain outcome. RailTel's Rs 91.34 Cr counter-claim exceeds the original claim. Watch hearings.