Business Update18 Jul 2026, 03:30 pm
Avantel Ltd Receives ₹20.81 Cr Purchase Order from L&T
AI Summary
Avantel Ltd has announced the receipt of a significant purchase order worth ₹20.81 Crores (inclusive of applicable taxes) from Larsen & Toubro Limited (L&T). The order is for services related to SATCOM Products and is expected to be executed by July 2027. This contract marks a positive development for Avantel, strengthening its order book and demonstrating continued business with a major industry player. The company has provided the necessary disclosures as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Avantel secured a ₹20.81 Cr order from Larsen & Toubro.
- The order is for SATCOM Products services.
- Execution is scheduled to be completed by July 2027.
- This is a domestic order, classified as a service contract.
- The company has complied with SEBI disclosure norms.
Price Impact
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