Avantel Limited — New Orders, 04-02-2025: Bagging/Receiving of orders/contracts

Avantel Limited has received a purchase order valued at Rs. 5.81 Crores (excluding taxes) from the Satish Dhawan Space Centre – ISRO for the Annual Maintenance Contract of a Wind Profiler Radar. The execution of this contract is scheduled to be completed by January 2030. This order not only signifies a continued partnership with the prestigious ISRO but also strengthens Avantel's position in the aerospace and defense sector, reflecting positive growth in the domestic market. Investors should view this development favorably as it enhances revenue visibility over the contract duration and underscores the company's operational capabilities in handling significant governmental contracts.