RailTel Corporation of India Ltd - Announcement under Regulation 30 (LODR)-Meeting Updates

The Board of Directors of RailTel Corporation of India Limited ('RCIL') in their meeting held on Thursday, 29th September, 2022 has approved the scheme of Amalgamation of RailTel Enterprises Limited ('REL') with and into RCIL, pursuant to the provisions of Section 230-232 of the Companies Act, 2013. The scheme is subject to the approval of Central Government, Ministry of Corporate Affairs and/or other statutory/ regulatory authorities. REL is a wholly owned subsidiary Company of RCIL.