Avantel Limited , a technology company specializing in defense and aerospace solutions, has announced a significant development in its business operations. The company has received an amended purchase order worth Rs. 9.88 crore from the Department of Atomic Energy, marking an important contract modification with the government department.

Key Details of the Amended Purchase Order

Contract Specifics

The amended purchase order, received via email on September 8, 2025, represents a domestic contract for supply purposes. Avantel has confirmed that this order does not fall under related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract.

Company Disclosure and Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Avantel has promptly disclosed this information to the stock exchanges. The company has also made this information available on its official website, www.avantel.in , ensuring transparency for its stakeholders.

Credit Rating Update

In addition to the purchase order news, Avantel has also received an update on its credit ratings. M/s. Acuité Ratings & Research Limited has reaffirmed the company's ratings as follows:

These ratings apply to Avantel's bank facilities worth Rs. 69.50 crore. Furthermore, Acuité has assigned the same ratings to an additional Rs. 65.00 crore of bank facilities for Avantel Limited.

This amended purchase order and the reaffirmed credit ratings underscore Avantel's strong position in the defense and technology sector, as well as its financial stability. The company continues to maintain a robust relationship with government entities, particularly in strategic sectors like atomic energy.

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.