Avantel Limited has announced significant new contracts, bolstering its position in the defense technology sector. The company has received two separate purchase orders: one worth Rs. 3.95 crore (including taxes) from the Material Organisation, Indian Navy, Mumbai for the supply of Satcom Systems, and another worth Rs. 8.82 crore (excluding taxes) from Bharat Electronics Limited for the supply of Power Amplifiers.

Contract Details

Indian Navy Order

The order from the Indian Navy specifies the following key terms:

Bharat Electronics Limited Order

The order from Bharat Electronics Limited includes the following details:

Project Scope and Implications

The Indian Navy contract involves the manufacturing and supply of Satcom Systems, highlighting Avantel's expertise in satellite communication technologies for defense applications. This order reinforces the company's ongoing relationship with the Indian Navy and its role in supporting India's naval capabilities.

The Bharat Electronics Limited order focuses on the supply of Power Amplifiers, further demonstrating Avantel's capabilities in producing critical electronic components for defense applications.

Company Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Avantel Limited has officially disclosed this information to the stock exchanges. The company has confirmed that both contracts do not involve any related party transactions and that there is no interest from the promoter or promoter group in the awarding entities.

About Avantel Limited

Avantel Limited, with its corporate office in Hyderabad and manufacturing units in Visakhapatnam and Hyderabad, is known for its advanced technological solutions. The company holds AS 9100D and ISO 9001:2015 certifications, indicating its commitment to quality in aerospace and defense manufacturing.

These new orders underscore Avantel's continued growth in the defense sector and its ability to secure significant contracts with key national security organizations and defense public sector undertakings.

Avantel Limited has announced a significant new contract, bolstering its position in the satellite communication sector. The company has received a purchase order worth Rs. 19.33 crore (including taxes) from Larsen & Toubro Limited for the service of Satcom products.

Contract Details

The order, received on September 22, 2025, encompasses the following key aspects:

Corporate Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Avantel Limited has made a formal disclosure to both the BSE and NSE. The company has confirmed that:

• The contract is domestic in nature.
• No promoter groups have any interest in Larsen & Toubro Limited, the awarding entity.
• The transaction does not fall under related party transactions.

Company Statement

D Rajasekhara Reddy, Company Secretary & Compliance Officer of Avantel Limited, signed off on the regulatory filing, ensuring transparency with investors and adherence to stock exchange regulations.

Market Implications

This new order represents a significant business opportunity for Avantel Limited in the Satcom products service sector. The contract with a renowned company like Larsen & Toubro could potentially enhance Avantel's market position and contribute to its revenue stream over the next year.

Investors and market analysts will likely be watching closely to see how this contract impacts Avantel's financial performance in the coming quarters, particularly as the execution of the order progresses towards the July 2026 deadline.