Railtel Corporation bags LoI from Thane Municipal Corporation

Railtel Corporation Of India Ltd. | Telecommunication - Service Provider | Telecom | BSE: 543265 | NSE: RAILTEL

30 Jun 2026 Evaluate

Railtel Corporation of India has received the Letter of Intent (LoI) from Thane Municipal Corporation for Technology Partner for the Development, Upgradation, Implementation, Operation, and Maintenance of the DigiThane Citizen Engagement Platform for the period of 10 years.

The estimated size of order as per LoI is Rs 13.60 crore (Including Tax). The order is to be executed by June 28, 2036.

Railtel Corporation of India is an information and communications technology (ICT) infrastructure provider and is one of the largest neutral telecom infrastructure providers in India.

Peers

Company Name	CMP
Bharti Airtel	1832.00
Vodafone Idea	14.96
Indus Towers	387.65
Tata Communications	1763.25
Railtel Corp. India	259.85
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.