Annual Report for FY 2025-26

RailTel/Sectt/21/SE/S-16 Date: July 28, 2026 (cid:871)लि(cid:232)टंग (cid:874)वभाग, कॉप(cid:574)रेट संबधं (cid:874)वभाग, नेशनल (cid:232)टॉक ए(cid:200)सच(cid:581)ज ऑफ इं(cid:875)डया (cid:871)ल(cid:871)मटेड, बीएसई (cid:871)ल(cid:871)मटेड, 'ए(cid:200)सच(cid:581)ज (cid:220)लाजा', सी-1, (cid:222)लॉक जी, रोटुंडा (cid:466)बि(cid:227)डंग,पी ज ेटावस,(cid:91) दलाल (cid:232)(cid:282)(cid:547)ट, (cid:873)कला, बा(cid:289)ं ा - कुला(cid:91) कॉ(cid:224)(cid:220)ल(cid:200)े स, बा(cid:289)ं ा (ई), मुंबई - 400 051 मुंबई - 400 001 Listing Department, Corporate Relationship Department, National Stock Exchange of India Limited BSE Limited, Rotunda Building, 'Exchange Plaza’, C-1, Block G, P J Towers, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai - 400051 Scrip Symbol- RAILTEL Scrip Code- 543265 Sub: Notice of 26th Annual General Meeting along with Annual Report for the FY 2025-26 and Intimation of Record Date for the final dividend of the FY 2025-26 Dear Sir/ Madam, This is to inform that 26th Annual General Meeting (“AGM”) of the Members of the Company will be held on Thursday, 20th August, 2026 at 12:30 Hrs (IST) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”), in compliance with the relevant circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securities Exchange Board of India (“SEBI”). 2. Pursuant to Regulation 34(1) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), we are submitting herewith the Annual Report of the Company for the Financial Year 2025-26 along with the Notice of the 26th Annual General Meeting which is being sent through electronic mode to those Members whose email addresses are registered with the Depository(s) as on Friday, 24th July, 2026. 3. Further, in accordance with Regulation 36(1)(b) of the SEBI Listing Regulations, the Company has sent a letter to the Shareholders whose e-mail addresses are not registered with the Depository(s), and web-link from where the Annual Report can be accessed on the website of the Company. 4. The Company is providing remote e-voting facility to the Members to cast their votes on all the resolutions as set out in the Notice of AGM. Remote e-voting period will commence at 09:00 Hrs (IST) on Monday, 17th August, 2026 and ends at 17:00 Hrs (IST) on Wednesday, 19th August, 2026. During this period, Members of the Company, holding shares as on the cut-off date i.e. Thursday, 13th August, 2026 shall be entitled to cast their vote through remote e- voting facility. Instructions for the e-voting (including remote e-voting) and attending AGM through VC/OVAM are set out in the Notice of AGM. 5. The said Notice and Annual Report are also being hosted on the Company's website at http://www.railtel.in/ and on the website of e-voting Agency-NSDL at www.evoting.nsdl.com. The same can also be downloaded from the link: https://www.railtel.in/annual-report.html. 6. The Company has fixed Thursday, 13th August 2026 as "Record Date" for the purpose of determining the eligibility of Members entitled to receive the Final Dividend of Rs. 1.25/- per share for the FY 2025-26 as recommended by the Board of Directors of the Company in their meeting held on 30th April, 2026. The Final Dividend, if approved at the AGM, will be paid within 30 days from the date of its declaration at the AGM. 7. Please take note of the above information on record. ध(cid:219)यवाद, Corporate Overview Statutory Reports Financial Statements 26oha okf"kZd fjiksVZ 2025-26 26th Annual Report 2025-26 A Navratna CPSE weivrevO etaroproC stropeR yrotutatS stnemetatS laicnaniF 26oha okf"kZd fjiksVZ 2025-26 26th Annual Report 2025-26 A Navratna CPSE Corporate Overview Statutory Reports Financial Statements 26oha okf"kZd fjiksVZ 2025-26 26th Annual Report 2025-26 A Navratna CPSE Contents 02-23 Corporate Overview 2 Corporate Information 6 Company Milestones 8 RailTel at a Glance 10 Chairman’s Speech 16 Board of Directors 17 Profile of Directors 21 Key Financial Highlights 23 Looking Back at a Last Decade 24-173 Statutory Reports 24 Notice of Annual General Meeting 38 Board’s Report & its Annexure Management Discussion and Analysis Report 89 Report on Corporate Governance 174-289 Business Responsibility & Sustainability Report (BRSR) Financial Statements 174 Independent Auditor’s Report 212 Balance Sheet 213 Statement of Profit & Loss 214 Statement of Cash Flow 217 Statement of Changes in Equity 219 Notes to Financial Statements 289 CAG Comments weivrevO etaroproC stropeR yrotutatS stnemetatS laicnaniF 26oha okf"kZd fjiksVZ 2025-26 26th Annual Report 2025-26 A Navratna CPSE PRESENT COMPOSITION OF BOARD OF DIRECTORS 1. Shri Sanjai Kumar Chairman & Managing Director 2. Shri V. Rama Manohara Rao Director-Finance 3. Shri Manoj Tandon Director – Project, Operation & Maintenance 4. Shri Yashpal Singh Tomar Director – Network Planning & Marketing 5. Shri Rameshwer Meena Part-time Govt. Nominee Director 6. Shri Ranjit Kumar Part-time Govt. Nominee Director 7. Smt. Asha Sharma Part-time non-official Director/ Independent Director KEY MANAGERIAL PERSONNEL (KMPs) 1. Shri V. Rama Manohara Rao Chief Financial Officer 2. Shri J. S. Marwah Company Secretary & Compliance Officer REGISTERED & CORPORATE OFFICE Plate-A, 6th Floor, Office Block Tower-2, East Kidwai Nagar, New Delhi-110023 Tele: +91 11-22900600 | Fax : +91 11-22900699 Website: www.railtel.in REGIONAL OFFICES Eastern Region: Shri Zakir Husain Siddiqui Principal Executive Director 19th Floor, Aurora Waterfront Building, Plot no. 34/1, Block – GN, Sector – V, Salt Lake City, Kolkata - 700071 Tele: +91 33-44041499 | Fax : +91 33-44041499 Corporate Information Corporate Overview Statutory Reports Financial Statements 26oha okf"kZd fjiksVZ 2025-26 26th Annual Report 2025-26 A Navratna CPSE Western Region: Shri Vinod Kumar Agarwal Principal Executive Director Western Railway Microwave Complex, Senapati Bapat Marg, Mahalakshmi, Mumbai – 400013 | Tele: +91 22-24923907 | Fax: +91 22-24923913 Southern Region: Shri K. Manohar Raja Principal Executive Director 1-10-39 to 44, 6A, 6th Floor, Gumidelli Towers, Begumpet Airport Road, Opp. Shoppers Stop, Hyderabad – 500016. Tele: +91-40-27788000 | Fax: +91-40-27820682 Northern Region: Shri Harish Pawaria Principal Executive Director 6th Floor, IIIrd Block, Delhi Technology Park, Shastri Park, New Delhi-110053 Tele: +91 11-22185933-34 | Fax: +91 11-22185978 Data Centre Busines Unit 143, Institutional Area, Sector - 44, Gurugram -122003, NCR (India) Corporate Information weivrevO etaroproC stropeR yrotutatS stnemetatS laicnaniF 26oha okf"kZd fjiksVZ 2025-26 26th Annual Report 2025-26 A Navratna CPSE Corporate Information Corporate Overview Statutory Reports Financial Statements 26oha okf"kZd fjiksVZ 2025-26 26th Annual Report 2025-26 A Navratna CPSE INTERNAL AUDITORS Corporate Office: S. Ramanand Aiyar & Co. Chartered Accountants 708, Surya Kiran Building, 19 Kasturba Gandhi Marg New Delhi - 110 001 NORTHERN REGION SOUTHERN REGION M/s. Bansal & Co. M/s. B. M. Chatrath & Co. LLP Chartered Accountants Chartered Accountants Mangalgiri, Vinaygar Apartments A-6, Maharani Bagh, Flat No. 202, 8-6-616/3/E/2, Road No. 10 New Delhi-110065 Banjara Hills, Hyderabad, Telangana-500034 EASTERN REGION WESTERN REGION M/s. S. Guha and Associates M/s. J. N. Sharma & Co. Chartered Accountants Chartered Accountants 16/1, Girish Vidya Ratna Lane, Kolkata-700 009 142/C, Victor House, N.M. Joshi Marg, Lower Parel, West Mumbai-400013 SECRETARIAL AUDITORS COST AUDITORS M/s Amit Agarwal & Associates, M/s SAH & Co. Company Secretaries Cost Accountants H – 63, Vijay Chowk, Laxmi Nagar, New Delhi – 110092 D-562, BLK-D, PKT-3, Bindapur, Uttam Nagar, West Delhi, Delhi-110053 REGISTRAR & SHARE TRANSFER AGENT DEPOSITORIES M/s. Beetal Financial & Computer Services Pvt. Ltd National Securities Depository Limited (NSDL) BEETAL HOUSE, 3rd Floor, 99, Madangir, Behind LSC, [Showing first 8,000 characters — download PDF for full document]