Avantel Limited — New Orders, 31-03-2025: Bagging/Receiving of orders/contracts

Avantel Limited has received a Purchase Order worth Rs. 11.36 Crores (including taxes) from Goa Shipyard Limited for the supply of Satcom Systems. The order is expected to be executed between February 2026 and March 2027. This solidifies Avantel's ongoing collaboration with domestic entities and underscores its manufacturing capabilities, providing a positive revenue outlook. Investors might view this development favorably, as it suggests stability and growth potential in the company's operations and reinforces its market position in defense and communication technologies.