StockWatch
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Telecom -  Equipment & Accessories
Business Update30 Jun 2026, 01:31 pm

Avantel Ltd Receives ₹83.80 Cr Purchase Order from Zetwerk

AI Summary

Avantel Ltd has announced the receipt of a firm Purchase Order from M/s. Zetwerk Manufacturing Businesses Limited, valued at ₹83.80 Crores (inclusive of applicable taxes). This order is pursuant to an earlier Rate Contract awarded to Avantel. The scope of the order involves the supply of Satellite Communication Equipment and includes a one-year comprehensive onsite warranty. The execution of this order is expected by March 2027. This significant order underscores Avantel's capabilities in the satellite communication sector and its ongoing business relationship with Zetwerk Manufacturing Businesses Limited.

Key Highlights

  • Received a firm purchase order worth ₹83.80 Crores.
  • Order is for the supply of Satellite Communication Equipment.
  • Execution timeline set for completion by March 2027.
  • Order placed by M/s. Zetwerk Manufacturing Businesses Limited.
  • Includes one year of comprehensive onsite warranty.