Avantel Limited, a provider of communication and electronics solutions, has received a purchase order worth ₹11.06 crore (inclusive of taxes) from Mazagon Dock Shipbuilders Limited. The order confirmation was received via email on June 20, 2025.
Key Details of the Order
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Awarding Entity: Mazagon Dock Shipbuilders Limited
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Nature of Order: Manufacturing
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Order Value: ₹11.06 crore (including taxes)
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Order Type: Domestic
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Execution Timeline: April 2026 to August 2029
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Performance Bank Guarantee: 5%
The scope of the project involves manufacturing work, although specific product or service details have not been disclosed in the company’s announcement. The order is expected to be executed over a period of more than three years, reflecting a long-term engagement between Avantel and the defense-sector shipbuilder.
This is a domestic contract and does not fall under any related party transactions. The company also confirmed that there is no interest from the promoter or promoter group in the entity awarding the contract.
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