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As on : 22-Sep-2025

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22-Sep-2025 08:15

RailTel Corp secures Rs 18-cr order from Dredging Corporation of India

The scope of the contract involves end-to-end deployment and management of offshore internet infrastructure, aimed at enhancing connectivity across DCI's fleet operations and centralized control systems. The contract will be executed by 18 January 2026.

This is a domestic contract, and neither the promoter group nor any related party transactions are involved, the company clarified. The deal has been awarded at arm's length terms.

RailTel Corporation, a Navratna PSU, is one of the largest neutral telecom infrastructure providers in the country, owning a Pan-India optical fiber network.

Dredging Corporation of India (DCI) is engaged in providing integrated dredging services to ports, the Indian Navy, and other maritime organizations in India.

On Friday, September 19, shares of RailTel Corporation declined by 0.91% to close at Rs 394, while shares of Dredging Corporation of India gained 1.39%, ending the day at Rs 664.40 on the BSE.

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