Railtel Corporation of India has secured a significant purchase order from The New India Assurance Company Ltd. The order, valued at ₹24,91,19,240 including tax, involves the procurement of an AI/ML-based solution for monitoring and investigating fraud, waste, and abuse of health insurance claims.
The order is domestic in nature and is expected to be executed by 6th May 2029. The contract does not involve any interest from the promoter group or related party transactions, ensuring it is conducted at arm’s length.
The work order was received on 7th May 2026 at 18:01. There is no delay in reporting the order, and the information has been disclosed as per the SEBI Master Circular guidelines.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).