Avantel Limited Secures Rs 9.92 Crore Order from Garden Reach Shipbuilders

Mumbai - Avantel Limited has announced that it has received a purchase order worth Rs 9.92 crores (including taxes) from Garden Reach Shipbuilders Limited. The order, which was received on September 15, 2025, is for the supply of Satcom Products.

The contract is a domestic manufacturing order with an execution timeline set between March 15, 2026, and June 15, 2026. As a condition of the order, Avantel is required to provide a 3% Performance Bank Guarantee.

The announcement was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has been published on the company's website.