Avantel Limited has informed the Exchange about Bagging/Receiving of orders/contracts
AVANTEL · price
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Avantel Limited has received a purchase order worth Rs. 3.36 Crores (inclusive of taxes) from the Defence Research and Development Organisation (DRDO) on August 25, 2025. The order is for the development, porting and testing of a SATCOM Waveform on a Software Defined Radio (SDR) platform, including field trials of the ported waveform using HUB. It is classified as a domestic software services contract and must be executed by April 27, 2026. There is no related-party interest involved in the transaction.
The order strengthens Avantel's defence order book and reinforces its credibility in the niche SDR/SATCOM domain given the DRDO association. While the value is modest on a standalone basis, it adds visibility and supports the company's growth narrative in the defence sector.