Inauguration of New Facility at E-City, Hyderabad Intimation under Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
AVANTEL · price
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Avantel Limited is set to inaugurate a new state-of-the-art facility at E-City, Hyderabad on October 2, 2025. The facility will be used for the design, development, and manufacturing of Software Defined Radios (SDR), Radar Systems, and for providing Assembly, Integration, and Testing (AIT) services for Satellites, along with Ground Station as a Service (GSaaS). The new plant is spread across 4 acres of land with a built-up area of approximately 76,000 sq. ft. The company has described this as a significant milestone in its growth journey that will strengthen capabilities in delivering solutions to customers across diverse domains, including defence and aerospace.
This is a positive development for shareholders as the new facility expands Avantel's manufacturing and R&D capacity in high-value defence and space-related segments, which could support future revenue growth and order wins. It signals the company's investment in long-term capacity building and operational scale-up.