Avantel Limited , a player in the satellite communication sector, has announced a significant business development that bolsters its order book. The company has secured a new purchase order valued at ₹2.84 crore, inclusive of taxes, for the supply of Satcom products.

Order Details

The order comes from Chowgule and Company Private Limited, a domestic entity, highlighting Avantel's strong presence in the Indian market. According to the company's disclosure to the stock exchanges, the contract encompasses both manufacturing and service components.

Key Terms and Execution Timeline

The purchase order includes the following significant terms:

• Warranty Period: 24 months
• Execution Deadline: March 15, 2026

This extended warranty period suggests confidence in the quality and durability of Avantel's Satcom products.

Financial Implications

The ₹2.84 crore order represents a new revenue stream for Avantel, potentially contributing to the company's financial performance in the coming quarters. While the order size is modest, it underscores Avantel's continued ability to secure contracts in the competitive satellite communication market.

Market Position

Avantel's success in winning this order from a domestic client reinforces its position in the Indian Satcom industry. The company continues to demonstrate its capabilities in meeting the demands of the evolving satellite communication sector.

Transparency and Compliance

In line with regulatory requirements, Avantel has promptly disclosed the details of this order to the stock exchanges, adhering to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency allows investors and stakeholders to stay informed about the company's business developments.

The timely execution of this order and potential future contracts could play a crucial role in Avantel's growth trajectory in the satellite communication domain.

Avantel Limited has announced a significant business development, securing a purchase order worth ₹10.11 crore from Hindustan Aeronautics Limited (HAL). The order, received on August 11, 2025, is for the supply of Satcom Equipment - Airborne Version.

Order Details

The company disclosed the following key details about the order:

Significant Terms

The purchase order comes with a warranty period of 24 months from the date of acceptance of the items. This provision underscores the confidence in Avantel's product quality and reliability.

Strategic Implications

This order represents a noteworthy business development for Avantel, potentially strengthening its position in the aerospace and defense sector. The collaboration with HAL, a premier aerospace company, could open doors for future opportunities in the aviation industry.

Regulatory Compliance

Avantel has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that the order does not fall under related party transactions, and there is no interest from the promoter/promoter group or group companies in HAL.

Conclusion

The securing of this order by Avantel demonstrates the company's capabilities in manufacturing advanced Satcom equipment for airborne applications. As the company moves forward with the execution of this order, investors and industry observers will likely keep a close watch on Avantel's performance and potential for similar contracts in the future.