Avantel Ltd Receives ₹177.35 Cr Purchase Order from Zetwerk

Avantel Ltd has announced the receipt of a significant purchase order worth ₹177.35 Crores from M/s. Zetwerk Manufacturing Businesses Limited. This order is pursuant to an earlier awarded Rate Contract and is for the supply of Satellite Communication Equipment. The execution of this order is expected by March 2027. The company has provided details as per SEBI regulations, confirming the domestic nature of the contract and its manufacturing aspect. This development is expected to bolster Avantel's order book and revenue streams.