Avantel Limited , a leading player in the satellite communication sector, has announced a significant new business development. The company has secured a purchase order worth Rs. 12.51 crore (including taxes) from Bharat Electronics Limited (BEL) for the supply of Satcom Products.

Order Details

The purchase order outlines several key aspects of the agreement:

Contract Specifics

The contract is domestic in nature, focusing on the manufacturing and supply of Satcom Products. Avantel Limited is required to execute the order by March 2026, giving the company approximately six months to fulfill the requirements.

Company Disclosure

In compliance with regulatory requirements, Avantel Limited has confirmed that the promoter groups have no interest in Bharat Electronics Limited, the entity awarding the contract. Furthermore, the company has clarified that this transaction does not fall under related party transactions.

Market Implications

This order represents a significant business opportunity for Avantel Limited, potentially boosting its revenue and market position in the satellite communication sector. The collaboration with Bharat Electronics Limited, a renowned public sector undertaking, could open doors for future contracts and partnerships in the defense and aerospace industries.

About Avantel Limited

Avantel Limited specializes in satellite communication products and services. With its registered office in Visakhapatnam, Andhra Pradesh, and additional facilities in Hyderabad, Telangana, the company has established itself as a key player in providing advanced communication solutions.

The securing of this substantial order from Bharat Electronics Limited underscores Avantel's capabilities in the Satcom Products domain and its growing presence in the Indian market.

Avantel Limited , a prominent player in the Indian technology sector, has announced a significant new contract win, further solidifying its position in the market. The company has secured a maintenance contract worth Rs. 1.94 crore (including taxes) from Fleet Maintenance Unit, marking another milestone in its growth trajectory.

Contract Details

The domestic service contract, dated September 16, 2025, outlines several key points:

Strategic Implications

This new contract underscores Avantel Limited's continued success in securing valuable service agreements. The maintenance nature of the contract suggests a potential for long-term engagement with the Fleet Maintenance Unit, which could lead to further opportunities in the future.

Compliance and Transparency

In line with regulatory requirements, Avantel Limited has confirmed that:

• The contract does not involve any interest from promoter groups in the awarding entity.
• It does not constitute a related party transaction.

This disclosure aligns with the company's commitment to transparency and adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Recent Order Book Growth

It's worth noting that this contract comes on the heels of another significant order received by Avantel Limited. Just a day prior, on September 15, 2025, the company secured a purchase order worth Rs. 9.92 crore (including taxes) from Garden Reach Shipbuilders Limited for the supply of Satcom Products. This order, with an execution timeline from March 15, 2026, to June 15, 2026, further demonstrates the company's strong market position and diverse product offerings.

Conclusion

The consecutive contract wins highlight Avantel Limited's robust business development efforts and its ability to secure orders across different segments - from maintenance services to manufacturing of specialized products. As the company continues to expand its order book, investors and industry observers will likely keep a close watch on its performance and future growth prospects in the technology and defense sectors.