New Delhi, July 1, 2025 – Railtel Corporation of India Limited (NSE: RAILTEL), a leading ICT provider and a Mini Ratna PSU, today announced it has secured a significant work order from the Cuttack Development Authority. The order, valued at Rs 15,84,92,196 (approximately Rs 15.85 crore) including tax, is for the deployment of additional AI-based billboards in Cuttack.
The company received the Letter of Acceptance for this domestic work order on June 30, 2025. The project entails the installation of eight AI-based billboards and is slated for execution by November 2, 2025.
This announcement was made in compliance with Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. At the time of the announcement, Railtel shares were trading at Rs 427.65, down 0.2%.
source: Corporate Announcement