Avantel Ltd Secures Rs.4.16 Crore Contract from Ministry of Defence
Filing Summary
Avantel Ltd has received a contract valued at Rs.4.16 Crores, inclusive of taxes, from the Ministry of Defence, Headquarters Naval Aviation. The contract, communicated via email on December 26, 2025, involves the Comprehensive Annual Maintenance Contract (CAMC) for Satcom Equipment. The contract requires a performance bank guarantee of 5 percent and is to be executed by January 1, 2028. This domestic service order does not involve any related party transactions. The information is disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Avantel Ltd has announced the receipt of a service order valued at Rs.4.16 Crores from the Ministry of Defence, Headquarters Naval Aviation. The contract was communicated to the company on December 26, 2025, and pertains to the Comprehensive Annual Maintenance Contract (CAMC) for Satcom Equipment.
The contract specifies a requirement for a performance bank guarantee amounting to 5 percent of the contract value. The order is classified as a domestic service contract and is scheduled for execution by January 1, 2028. The company has confirmed that this order does not involve any related party transactions.
This development has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also adheres to the SEBI circular dated September 9, 2015, as read with the circular dated July 13, 2023, ensuring transparency in the disclosure of material events.
The Ministry of Defence, as the awarding entity, is responsible for the defense of India and is involved in the management of armed forces and related infrastructure. The ministry’s focus includes the modernization and maintenance of defense equipment, which aligns with the nature of the contract awarded to Avantel Ltd.
Avantel Ltd specializes in providing communication solutions, particularly in the defense sector. The company’s strategic focus includes expanding its service offerings and maintaining high standards of quality, as evidenced by its certifications such as AS 9100D and ISO 9001:2015. Avantel Ltd continues to engage in projects that enhance its portfolio in the defense communications domain.