Avantel Ltd Secures Rs.2.56 Crore Order from Bharat Electronics
Filing Summary
Avantel Ltd has received a purchase order valued at Rs.2.56 Crores from Bharat Electronics Limited. The order, dated November 10, 2025, pertains to the supply of Antenna Switching Units. The contract is domestic in nature and is expected to be executed by March 2026. A performance bank guarantee of 5% is a significant term of the order. There is no involvement of related party transactions. This update is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Avantel Ltd has announced the receipt of a purchase order worth Rs.2.56 Crores from Bharat Electronics Limited. The order was communicated via mail on November 10, 2025. It involves the supply of Antenna Switching Units and is classified as a domestic manufacturing contract.
The order is to be executed by March 2026. A performance bank guarantee of 5% is required as part of the contract terms. The transaction does not involve any related party transactions, and there is no interest from the promoter or promoter group in the awarding entity.
This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on Avantel’s official website.
Bharat Electronics Limited is a key player in the defense electronics sector, focusing on the development and manufacture of advanced electronic products for the Indian Armed Forces. The company is involved in various strategic projects and collaborations to enhance its technological capabilities.
Avantel Ltd specializes in the design and manufacture of wireless communication products. The company focuses on providing solutions for defense and aerospace sectors, leveraging its expertise in satellite communication and RF technology. Avantel aims to expand its product offerings and strengthen its market presence through strategic partnerships and innovation.