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RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways. It is a"Miniratna"PSE of the Government of India. At present, RailTel's network passes through around 6,000 stations across the country, covering all major commercial centers.
RailTel's LoA for the Himachal Pradesh MIS-Central Dashboard System project, valued at Rs. 20.35 Cr, has been cancelled. The Directorate of Higher Education cited financial non-viability and lack of funds. This is a setback for RailTel's order book.
RailTel's board addressed a fine from NSE for non-compliance with listing regulations concerning independent director appointments. The company clarified director appointments are controlled by the Ministry of Railways, not the company, and requested a waiver of the penalty.
RailTel has appointed M/s SAH & Company as Cost Auditors and five firms as Internal Auditors. These appointments enhance the company's financial oversight and corporate governance, reinforcing investor confidence.
RailTel's Board has approved the appointment of new Internal Auditors across five regions for FY26-27 & FY27-28. M/s SAH & Company was also appointed as Cost Auditors for FY26-27, enhancing governance and oversight.
RailTel's ₹17.1 Cr work order from Navodaya Vidyalaya Samiti for IT infrastructure procurement & maintenance has been cancelled due to administrative reasons, impacting future revenue.