Deals25 Mar 2026, 08:08 am
Avantel Ltd Secures Rate Contract Worth Rs.459.90 Cr from Zetwerk Manufacturing
AI Summary
Avantel Ltd has announced that it has received a Rate Contract worth of Rs.459.90 Crores (Rupees Four Hundred Fifty-Nine Crore and Ninety Lakh Only) exclusive of taxes, from Zetwerk Manufacturing Businesses Limited for the Supply and Annual Maintenance Contract (AMC) of Satellite Communication Equipment’s. The contract, awarded on March 24, 2026, includes a One (1) Year Comprehensive Onsite Warranty and Five (5) Years Comprehensive Annual Maintenance Contract (AMC) Support. The order is domestic in nature and the time period for execution is 3 years.
Key Highlights
- Avantel Ltd has secured a Rate Contract worth of Rs.459.90 Crores from Zetwerk Manufacturing Businesses Limited.
- The contract includes the Supply and Annual Maintenance Contract (AMC) of Satellite Communication Equipment’s.
- The contract also includes a One (1) Year Comprehensive Onsite Warranty and Five (5) Years Comprehensive Annual Maintenance Contract (AMC) Support.
- The order is domestic in nature and the time period for execution is 3 years.
- The relevant details of the contract are disclosed as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.