RailTel Corporation of India Limited
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General information about company
Scrip code 543265
NSE Symbol RAILTEL
MSEI Symbol NOTLISTED
ISIN INE0DD101019
Name of the entity RailTel Corporation of India Limited
Date of start of financial year 01-04-2024
Date of end of financial year 31-03-2025
Reporting Quarter Type Yearly
Date of Quarter Ending 31-03-2025
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes  
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes  
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No not applicable
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? Yes  
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes  
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? No NA
Risk management committee Applicable
Market Capitalisation as per immediate previous Financial Year Top 500 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID COMR00696
Reason For No SCORE ID  
Type of Submission Original
Remarks (website dissemination)  
Remarks for Exchange (not for Website Dissemination)  

Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory  
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth
1 Mr Sanjai Kumar AJFPK0833M 06923630 Executive Director Chairperson MD 18-02-1968
2 Mr Vippagunta Rama Manohara Rao ADMPV9743N 06689335 Executive Director Not Applicable   29-08-1970
3 Mr Manoj Tandon ABQPT8051R 10044053 Executive Director Not Applicable   17-11-1967
4 Mr Yashpal Singh Tomar AAJPT5690F 10215386 Executive Director Not Applicable   15-12-1969
5 Mr Rameshwer Meena AENPM5036P 10077767 Non-Executive - Nominee Director Not Applicable   07-07-1970
6 Mr Ranjit Kumar AMSPK5438L 10404869 Non-Executive - Nominee Director Not Applicable   19-11-1975

I. Composition of Board of Directors

Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status
1 No       Active
2 No       Active
3 No       Active
4 No       Active
5 No       Active
6 No       Active

I. Composition of Board of Directors
Sr Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & reg. 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 NA   23-05-2018       1 0 0 0      
2 NA   27-10-2022       1 0 1 0      
3 NA   20-03-2023       1 0 1 0      
4 NA   04-07-2023       1 0 1 0      
5 NA   17-03-2023       1 0 2 2      
6 NA   15-12-2023       1 0 1 0      

Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes  
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 10077767 Rameshwer Meena Non-Executive - Nominee Director Chairperson 17-03-2023    
2 10404869 Ranjit Kumar Non-Executive - Nominee Director Member 10-05-2024    
3 10044053 Manoj Tandon Executive Director Member 09-11-2024    

Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes  
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 10077767 Rameshwer Meena Non-Executive - Nominee Director Chairperson 17-03-2023    
2 10404869 Ranjit Kumar Non-Executive - Nominee Director Member 10-05-2024    
3 10215386 Yashpal Singh Tomar Executive Director Member 09-11-2024    

Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes  
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 10077767 Rameshwer Meena Non-Executive - Nominee Director Chairperson 09-11-2024    
2 06689335 Vippagunta Rama Manohara Rao Executive Director Member 10-11-2022    
3 10215386 Yashpal Singh Tomar Executive Director Member 07-11-2023    

Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes  
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 06923630 Sanjai Kumar Executive Director Chairperson 22-12-2020    
2 10215386 Yashpal Singh Tomar Executive Director Member 04-07-2023    
3 06689335 Vippagunta Rama Manohara Rao Executive Director Member 27-10-2022    
4 10044053 Manoj Tandon Executive Director Member 20-03-2023    
5 08137865 Harish Chandra Batra Chief Risk Officer Member 22-12-2020   Textual Information(1)

Sr Text Block
Textual Information(1) Shri Harish Batra, ED (Spl.)- Finance is CRO and is member of RMC

Corporate Social Responsibility Committee
Whether the Corporate Social Responsibility Committee has a Regular Chairperson Yes  
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 10404869 Ranjit Kumar Non-Executive - Nominee Director Chairperson 03-01-2024    
2 06689335 Vippagunta Rama Manohara Rao Executive Director Member 10-11-2022    
3 10215386 Yashpal Singh Tomar Executive Director Member 09-11-2024    

Other Committee
Sr DIN Number Name of Committee members Name of other committee Category 1 of directors Category 2 of directors Remarks

Annexure 1

Annexure 1

III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory  
Sr. No. Date(s) of meeting (if any) in the previous quarter Date(s) of meeting (if any) in the current quarter Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 28-10-2024       Yes 7 7 1
2   27-01-2025 90   Yes 6 6 0
3   12-03-2025 43   Yes 6 6 0

Annexure 1

IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory Textual Information(1)
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reason for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 28-10-2024     Since there is only one Independent Director in the composition of Audit Committee, the requirement of quorum having atleast two Independent Directors could not be met. No 3 3 1 0
2 Audit Committee 27-01-2025 90   Since there is no Independent Director in the composition of Audit Committee, the requirement of quorum having atleast two Independent Directors could not be met. No 3 3 0 0
3 Stakeholders Relationship Committee 12-03-2025 43   Since there is no Independent Director on the Board of RailTel, the composition of Stakeholder Relationship Committee does not have one Independent Directors. Yes 3 3 0 0

Text Block
Textual Information(1) Railtel is a Government Company, the appointment of all directors including Independent directors are made by President of India through Administrative Ministry as per provision contained in the Articles of Association of the Company. Accordingly, it is beyond the control of the Company to appoint the Independent Directors on its own. Since there is no Independent Director on the Board of RailTel during Q4, the composition of Audit Committee does not have the two third majority of Independent Directors. Since there is no Independent Director on the Board of RailTel during Q4, the composition of Stakeholder Relationship Committee does not have one Independent Director.

Annexure 1

V. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 No
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee No
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee No
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee No
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) No
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here: Textual Information(1)

Annexure 1
Sr Subject Compliance status
1 Name of signatory J S Marwah
2 Designation Company Secretary and Compliance Officer

Text Block
Textual Information(1) 1. Due to non-availability of adquate number of Independent Director, the composition of BoD is not as per the requirement of SEBI LODR. 2.During the Quarter, there is no Independent Director on the Board of RailTel. Thus, the composition of Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship committee and Risk Management Committee does not have any Independent Director. 3. Since there is no Independent Director in the composition of Audit Committee as on the date of Audit Committee meeting, the requirement of quorum having atleast two Independent Directors could not be met in the Audit Committee meeting held on 27/01/2025. 4. Since Railtel is a Government Company, the appointment of all directors including Independent directors are made by President of India through Administrative Ministry as per provision contained in the Articles of Association of the Company. Accordingly, it is beyond the control of the Company to appoint the Independent Directors on its own.

Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of LODR Regulation

Sr
Sr Item Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here. Web address
  As per regulation 46(2) of the LODR:
1.1 Details of business Yes   https://www.railtelindia.com/our-expertise/railtel-eoffice.html
1.2 Memorandum of Association and Articles of Association Yes   https://www.railtel.in/images/pdf/MOA%20&%20AOA%20RaiTel(Final).pdf
1.3 Brief profile of board of directors including directorship and full-time positions in body corporates Yes   https://www.railtel.in/profile/management.html
2 Terms and conditions of appointment of independent directors Yes   https://www.railtelindia.com/terms-and-conditions-of-appointment-of-independent-directors.html
3 Composition of various committees of board of directors Yes   https://www.railtelindia.com/board-committee.html
4 Code of conduct of board of directors and senior management personnel Yes   https://www.railtelindia.com/board-committees-and-codes-of-policies.html
5 Details of establishment of vigil mechanism/ Whistle Blower policy Yes   https://www.railtelindia.com/profile-5/organization-structure-2.html
6 Criteria of making payments to non-executive directors No The same is disclosed in the Annual Report.  
7 Policy on dealing with related party transactions Yes   https://www.railtel.in/board-committees-and-codes-of-policies.html
8 Policy for determining ‘material’ subsidiaries Yes   https://www.railtel.in/board-committees-and-codes-of-policies.html
9 Details of familiarization programmes imparted to independent directors Yes   https://www.railtelindia.com/familiarization-programmes-for-independent-directors.html
10 Email address for grievance redressal and other relevant details Yes   https://www.railtelindia.com/email-for-grievance-redressal.html
11 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes   https://www.railtelindia.com/investor-contact-details.html
12 Financial results Yes   https://www.railtelindia.com/financial-statements.html
13 Shareholding pattern Yes   https://www.railtelindia.com/shareholding-pattern.html
14 Details of agreements entered into with the media companies and/or their associates NA    

Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of LODR Regulation

Sr
  As per regulation 46(2) of the LODR:      
15.1 (I) Schedule of analyst or institutional investor meet (II) Presentations prepared by the listed entity for analysts or institutional investors meet, post earnings or quarterly calls prior to beginning of such events. Yes   https://www.railtelindia.com/intimation.html
15.2 Audio recordings, video recordings, if any, and transcripts of post earnings or quarterly calls, by whatever name called, conducted physically or through digital means Yes   https://www.railtelindia.com/profile-4/other-announcement.html
16 New name and the old name of the listed entity NA    
17 Advertisements as per regulation 47 (1) Yes   https://www.railtelindia.com/profile-4/other-announcement.html
18 Credit rating or revision in credit rating obtained Yes   https://www.railtel.in/profile-4/other-announcement.html
19 Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial year Yes   https://www.railtelindia.com/financial-statements.html
20 Secretarial Compliance Report Yes   https://www.railtel.in/annual-secretarial-compliance-report.html
21 Materiality Policy as per Regulation 30 (4) Yes   https://www.railtelindia.com/board-committees-and-codes-of-policies.html
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes   https://www.railtel.in/profile-4/authorized-kmp-for-disclosures-to-the-stock-exchange.html
23 Disclosures under regulation 30(8) Yes   https://www.railtelindia.com/board-committees-and-codes-of-policies.html
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA    
25 Dividend Distribution policy as per Regulation 43A(1) Yes   https://www.railtelindia.com/board-committees-and-codes-of-policies.html
26.1 Annual return as provided under section 92 of the Companies Act, 2013 Yes   https://www.railtel.in/annual-return.html
26.2 Employee Benefit scheme documents framed in terms of SEBI (SBEB) Regulations, 2021 NA    
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes   https://www.railtelindia.com/profile-4/disclosure-under-regulation-46-2.html
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updating Yes   https://www.railtelindia.com/board-committees-and-codes-of-policies.html

Annexure II

II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’ 16(1)(b) Yes  
2 Board composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) No RCIL, is a Govt. Company in terms of Section 2 (45) of the Companies Act, 2013 and in terms of Article 67 of the Articles of Association, the power to appoint Executive Directors, Non-Executive Nominee Directors, Independent Directors including Independent Woman Director vests with the President of India acting through Ministry of Railways. RCIL is continuously chasing with its Administrative Ministry i.e. Ministry of Railways for early appointment of requisite number of Independent Directors including Woman Independent Director on the Board of the Company to ensure Compliance with the provisions of Regulation 17 of the SEBI (LODR) Regulations, 2015. It is beyond the control of RCIL to appoint on its own the Independent Directors to its Board as the power to appoint Directors on the Board can only be exercised by the President of India.
3 Meeting of Board of directors 17(2) Yes  
4 Quorum of Board meeting 17(2A) No Due to non-availability of Independent Director, no Independent Director was present in the BoD meeting held on 27/01/2025 and 12/03/2025.
5 Review of Compliance Reports 17(3) Yes  
6 Plans for orderly succession for appointments 17(4) NA  
7 Code of Conduct 17(5) Yes  
8 Fees/compensation 17(6) Yes  
9 Minimum Information 17(7) Yes  
10 Compliance Certificate 17(8) Yes  

Annexure II

II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
11 Risk Assessment & Management 17(9) Yes  
12 Performance Evaluation of Independent Directors 17(10) NA  
13 Recommendation of Board 17(11) Yes  
14 Maximum number of Directorships 17A Yes  
15 Composition of Audit Committee 18(1) No Due to cessation of Independent Directors, the requirement of 2/3rd of Independent Directors could not to met after 10/05/2024.
16 Meeting of Audit Committee 18(2) No Due to non-availability of Independent Director, the requirement of at least two independent directors could not be met after 10/05/2024 .
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes  
18 Composition of nomination & remuneration committee 19(1) & (2) No Due to cessation of Independent Directors, the requirement of 2/3rd of Independent Directors could not to met after 10/05/2024.
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes  
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes  

Annexure II

II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
21 Role of Nomination and Remuneration Committee 19(4) NA  
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) No Due to cessation of Independent Directors, the requirement of 2/3rd of Independent Directors could not to met after 10/05/2024.
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes  
24 Role of Stakeholders Relationship Committee 20(4) Yes  
25 Composition and role of risk management committee 21(1),(2),(3),(4) No Due to cessation of Independent Directors, the requirement of atleast one Independent Directors could not to met after 09/11/2024.
26 Meeting of Risk Management Committee 21(3A) Yes  
27 Quorum of Risk Management Committee meeting 21(3B) Yes  
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes  
29 Vigil Mechanism 22 Yes  
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes  

Annexure II

II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) NA  
32 Approval for material related party transactions 23(4) NA  
33 Disclosure of related party transactions on consolidated basis 23(9) NA  
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA  
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) NA  
36 Alternate Director to Independent Director 25(1) Yes  
37 Maximum Tenure 25(2) Yes  
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes  
39 Meeting of independent directors 25(3) & (4) No Since there is only one Independent Director after 10/05/2024, the meeting of Independent Director could not be convened.
40 Familiarization of independent directors 25(7) Yes  

Annexure II

II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
41 Declaration from Independent Director 25(8) & (9) Yes  
42 Directors and Officers insurance 25(10) Yes  
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) Yes  
44 Memberships in Committees 26(1) Yes  
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes  
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes  
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) NA  
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) Yes  
  Any other information to be provided - Add Notes  

Annexure II
1 Name of signatory J S Marwah
2 Designation Company Secretary and Compliance Officer

Annexure II

III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied NA
  Any other information to be provided Textual Information(1)

Text Block
Textual Information(1) During FY 2024-25, RailTel does not have any Subsidiary Company.

Annexure II
1 Name of signatory J S Marwah
2 Designation Company Secretary and Compliance Officer

Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Number of cyber security incidence or breaches or loss of data event occurred during the quarter  
Sr. Date of the event Brief details of the event

Signatory Details
Name of signatory J S Marwah
Designation of person Company Secretary and Compliance Officer
Place New Delhi
Date 07-04-2025

Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 19
No. of investor complaints disposed off during the Quarter 19
No. of investor complaints those remaining unresolved at the end of the Quarter 0

Disclosure of Imposition of Fine or Penalty The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty  
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1 Income Tax Deptt. Amount of Rs. 125840 paid for Settlement of Appeal in progress against Penalty of Rs. 5.03 Lakh imposed u/s 270A in AY 2020-21 20-03-2025 Rs. 5.03 Lakh Penalty Imposed u/s 270A due to Additions made during assessment proceedings treated as underreporting of income. There is no impact on the operations or other activities of the Company. However, an amount of Rs.1,25,840 has been paid during the quarter ending 31.03.2025

Disclosure of Updates to Ongoing Tax Litigations or Disputes The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:
Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes Textual Information(1)
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 Netsoft Consulting Services Pvt. Ltd. Vs RailTel 12-01-2023 There is commerical disputes with one of the business associate i.e. M/s Netsoft Consulting Services Pvt. Ltd and matter is under arbitration to be adjudicated by sole arbitrator who has been appointed by MSEFC Council. The amount of Claim is Rs.10,93,63,834/- whereas counter claim amount is Rs.5,00,000/- Arbitration proceedings are going on.
2 Primatel Fibcom Vs RailTel 05-04-2024 There is commerical disputes with one of the business associates of RailTel i.e. M/s Primatel Fibcom Ltd Ltd and matter is under arbitration to be adjudicated by sole arbitrator who has been appointed by Hon'ble Delhi High Court. The amount of Claim is Rs.54,99,26,144/- whereas counter claim amount is Rs.25,00,000/- Arbitration proceedings are going on.
3 RailTel Vs RISL 23-08-2024 There is commerical disputes with one of the customer of RailTel i.e. M/s RISL and matter is under arbitration to be adjudicated by sole arbitrator who has been appointed by Hon'ble Rajasthan High Court. The amount of Claim is Rs.94,92,20,312/- whereas counter claim amount is Rs.313,62,12,871/- Arbitration proceedings are going on.

Disclosure of Updates to Ongoing Tax Litigations or Disputes The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below: Text Block
Textual Information(1) In accordance with Clause 30(4) of SEBI LODR, the monetary value of events or information has been determined as material if it amounts to Rs. 10 crore or more. Accordingly, any litigation or dispute valued at Rs. 10 crore or more has been disclosed.