Avantel Limited has informed the Exchange about Bagging/Receiving of orders/contracts
AVANTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Avantel Limited has received a purchase order valued at Rs. 2.84 Crores (including taxes) from M/s. Chowgule and Company Private Limited for the supply of Satcom Products. The order is domestic in nature and covers manufacturing and service scope, with a 24-month warranty period. The order is to be executed by March 15, 2026. The company confirmed there is no related party interest in the awarding entity. Avantel is a Hyderabad-based company specialising in Satcom and defence-related electronics.
This is a routine order win of modest size, and is unlikely to materially move the stock. It continues to show ongoing order flow for Avantel's Satcom business, which is a positive operational signal but not a game-changer for shareholders.