Deals6 Apr 2026, 02:58 pm
Avantel Ltd Secures Rs.11.59 Crore Purchase Order from NewSpace India Limited
AI Summary
Avantel Ltd has announced that it has received a purchase order worth Rs.11.59 crore (excluding taxes) from M/s. NewSpace India Limited for the supply, installation, and commissioning of devices for Xponders. The order is a manufacturing contract with a domestic entity and is to be executed by October 2026. The relevant details of the order have been disclosed as per the SEBI regulations.
Key Highlights
- Avantel Ltd has secured a purchase order worth Rs.11.59 crore from M/s. NewSpace India Limited.
- The order is for the supply, installation, and commissioning of devices for Xponders.
- The order is a manufacturing contract with a domestic entity.
- The order is to be executed by October 2026.
- The details of the order have been disclosed as per the SEBI regulations.