Deals20 Feb 2025, 04:27 am
Avantel Ltd. Receives Purchase Order of Rs. 43.25 Cr from NewSpace India Ltd.
AI Summary
Avantel Ltd. has announced the receipt of a purchase order worth Rs. 43.25 Crores (including taxes) from NewSpace India Limited. The order is for the supply, installation, and commissioning of devices for Xponders. The order is to be executed by August 2025. This information is being shared in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Avantel Ltd. receives a purchase order worth Rs. 43.25 Crores from NewSpace India Ltd.
- The order is for the supply, installation, and commissioning of devices for Xponders.
- The order is to be executed by August 2025.
- This disclosure is in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.