A+| A| A-|
Partner with us icon Partner with Us

Corporate Actions

RailTel Corporation secures Rs 48.98 crore work order from Odisha's Higher Education Department

13-Oct-26   18:41 Hrs IST

RailTel Corporation of India Ltd. announced it has secured a work order from the Higher Education Department, Government of Odisha, for the development of 83 digital application modules under a comprehensive digital governance platform, along with resource deployment and integration with existing ERP systems. The work order, received on October 13, 2026, requires completion by May 10, 2027, and carries a total value of Rs 48,97,80,255 (including tax). The company confirmed that neither the promoter group nor any related parties have an interest in the awarding entity, and the transaction does not constitute a related party transaction.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.