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RailTel Corp. of India Ltd. ( (IN:RAILTEL) ) has provided an update.
RailTel Corporation of India has disclosed that a penalty has been imposed on the company and has notified the National Stock Exchange of India and BSE in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015. The company has submitted the requisite details of the penalty as per the latest SEBI master circular, indicating regulatory scrutiny with potential implications for its compliance posture, though the specific nature and quantum of the penalty are not disclosed in the notice.
More about RailTel Corp. of India Ltd.
RailTel Corporation of India Ltd. is a government-owned telecommunications company that operates a nationwide optic fiber network primarily along Indian Railways’ routes. It provides broadband, VPN, data center, and managed telecom services to government, enterprise, and retail customers, with a focus on digital infrastructure and connectivity solutions across India.
Average Trading Volume: 104,084
Technical Sentiment Signal: Sell
Current Market Cap: 113.3B INR
Find detailed analytics on RAILTEL stock on TipRanks’ Stock Analysis page.