Avantel Limited announced that it has received a purchase order worth Rs 3.95 crore (including taxes) from the Material Organisation, Indian Navy, Mumbai. The order, confirmed via communication on September 24, 2025, is for the supply of Satcom systems and is scheduled to be executed by September 2026 .
The company clarified that there is no related-party interest in the awarding entity and that the order falls under its domestic manufacturing business. A performance bank guarantee of 5% has been specified under the contract terms .
Would you like me to also frame this into a “shares in focus” stock market-style article (like the ones we did for shipping and Tata group stocks), or should I keep it strictly as a corporate disclosure report?