en.Wedoany.com Reported - RailTel Corporation of India Ltd has informed the stock exchange that it has received a Letter of Intent (LoI) from the Thane Municipal Corporation (TMC) to serve as the technology partner for the development, upgrade, implementation, and operation of the DigiThane citizen interaction platform over a 10-year period. The contract is a domestic project, with the LoI estimating the order value at INR 136 million (inclusive of taxes).

The disclosure states that RailTel received the LoI at 20:30 on June 29, 2026, with the formal execution deadline set for June 28, 2036. The scope of work encompasses technology development, system upgrades, implementation, and operation of citizen-facing modules, as well as backend integration with municipal systems. RailTel stated that the order does not constitute a related party transaction, and neither the promoters nor the promoter group have any interest in the contract entity. The company has submitted the filing within the stipulated timeframe, and it was approved for release by the Executive Director of the Western Region.

The LoI values the contract at INR 136 million. The company will commence detailed project planning and resource allocation upon formal award of the contract. RailTel will be responsible for delivering the agreed milestones over the ten-year operational period and maintaining platform performance and support standards. The scope of work includes the initial implementation phase as well as long-term application hosting and maintenance. This disclosure is provided in accordance with SEBI listing regulations and the master circular of regulatory authorities, submitted as an annexure to the corporate filing, and noted as a computer-generated document. Stakeholders will receive further updates upon the signing of a formal work order or contract, and as subsequent contract milestones are achieved. The company states there is no delay in reporting and that routine compliance and approvals have been completed.