Deals16 Jan 2025, 09:56 pm
Avantel Ltd. Secures Contract Worth Rs. 8.61 Crores from Naval Headquarters, MoD (Navy)
AI Summary
Avantel Ltd. has announced that it has received a contract worth Rs. 8.61 Crores (excluding taxes) from Naval Headquarters, MoD (Navy). The contract, dated January 16, 2025, is for maintenance services. The contract period is until January 2028. The contract was awarded by a domestic entity and the consideration is Rs. 8.61 Crores. The company secretary, Rajasekhara Reddy, has confirmed the receipt of the order.
Key Highlights
- Avantel Ltd. secures a contract worth Rs. 8.61 Crores from Naval Headquarters, MoD (Navy)
- The contract is for maintenance services
- The contract period is until January 2028
- The contract was awarded by a domestic entity
- The consideration is Rs. 8.61 Crores