Avantel Limited has officially informed the stock exchanges about securing a purchase order worth Rs 12.51 crore including taxes from Bharat Electronics Limited (BEL). The order, dated 17 September 2025, pertains to the supply of Satcom products and has been disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This development highlights Avantel’s growing position as a trusted player in the field of defence communication and satellite-based technologies. The company, which has manufacturing units in Visakhapatnam, Andhra Pradesh and Hyderabad, Telangana, has been steadily strengthening its order book through contracts with major defence and aerospace institutions.

According to the official filing, the total order value is Rs 12.51 crore including taxes, and the execution timeline has been set for March 2026. Avantel also clarified that the order was awarded by a domestic entity, reaffirming the company’s focus on India’s growing defence and space communication ecosystem.

The terms of the order include a Performance Bank Guarantee of 3 percent, which ensures that Avantel will meet its obligations as per the agreed standards of delivery and quality.

The company also disclosed that:

• The order falls under the manufacturing category, specifically catering to Satcom product development and supply.

• It is not a related party transaction and no promoter or promoter group interest exists in Bharat Electronics Limited.

• The order was awarded through regular business engagement and complies with arm’s length standards.

Avantel’s management noted that this order reinforces the company’s long-standing relationship with Bharat Electronics Limited, one of India’s premier defence electronics organisations. BEL’s decision to entrust Avantel with this order highlights the technical expertise and credibility of Avantel in delivering advanced communication solutions.

For investors, this order comes as an encouraging update, as it strengthens the company’s revenue visibility for FY26. The order size, though not very large compared to Avantel’s broader business pipeline, reflects the continued trust of defence sector companies in Avantel’s product quality and service reliability.

The company has made this disclosure public through filings with both BSE and NSE and has also uploaded the information on its official website. This is in line with SEBI’s requirements to ensure transparency and timely updates for stakeholders.

Going forward, the successful execution of this order by March 2026 will add to Avantel’s reputation in the defence Satcom technology space. It also indicates the potential for further collaborations with Bharat Electronics Limited and other entities in the defence and aerospace sector.

Avantel’s focus on innovation, compliance with global standards like AS 9100D and ISO 9001:2015, and customer-centric delivery has positioned it strongly in India’s fast-growing defence manufacturing ecosystem.

This latest order reaffirms Avantel’s commitment to contributing to Atmanirbhar Bharat in defence manufacturing, strengthening India’s technological self-reliance in communication systems, and creating long-term value for investors.

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