Avantel Limited announced on Thursday that it has received a purchase order worth ₹12.51 crore (including taxes) from Bharat Electronics Limited for the supply of Satcom products.
The order, dated September 17, 2025, comes with a performance bank guarantee of 3% and is scheduled to be executed by March 2026. The company clarified that this is a domestic order and does not fall under related party transactions. Promoters or group companies have no interest in the entity awarding the order.
This fresh contract further strengthens Avantel’s presence in the Satcom segment and adds to its growing portfolio of defense-related orders. The company noted that the information has also been made available on its official website for public access.
