The Exchange has sought clarification from Railtel Corporation Of India Limited with respect to recent news item captioned GAIL signs MoU with RailTel to build digital infrastructure backbone. The response from the Company is awaited.
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NSE has asked Railtel Corporation of India to clarify a recent news report about GAIL signing an MoU with RailTel to build a digital infrastructure backbone. The exchange is seeking the company's official response to verify the accuracy of the news item. Railtel has not yet provided its response, which is awaited. Once the company responds, the clarification will be shared with the market.
This is a routine exchange query and does not indicate any negative action against the company. Investors should wait for Railtel's official response to confirm the details of the GAIL partnership and any potential business impact.