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.
On the reaction day the stock moved 5.4 pts more than Nifty Microcap 250 and 7.6 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Avantel Limited has received a Rate Contract valued at Rs.459.90 Crores (excluding taxes) from M/s. Zetwerk Manufacturing Businesses Limited. The contract is for the supply of Satellite Communication Equipment along with a 1-year comprehensive onsite warranty and 5 years of Annual Maintenance Contract (AMC) support. The contract is domestic in nature and is to be executed over 3 years. The disclosure was made to both BSE and NSE under Regulation 30 of SEBI LODR Regulations on March 25, 2026. The promoter group or related parties have no interest in the awarding entity, and this is not a related party transaction.
This is a large order win for Avantel, likely worth several times its annual revenue, providing strong revenue visibility over the next 3 years. The stock may see positive sentiment given the significant contract size and association with satellite communications, a strategically important sector.