Avantel has announced an amendment to a purchase order from Bharat Electronics Limited, adding an additional value of ₹3.01 crore for the supply of power amplifiers. This amendment increases the total order value to ₹11.04 crore.
The original purchase order was dated November 22, 2025, and the amendment was received on May 4, 2026. The order pertains to the manufacturing of power amplifiers and is expected to be executed by July 2026.
The order is domestic, and a performance bank guarantee of 5% is a significant condition of the contract. Avantel confirmed that the order does not involve any related party transactions, and there is no interest from the promoter group in Bharat Electronics Limited.
This information is available on Avantel’s official website for public records.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).