Hyderabad, February 11, 2026: Avantel Limited (BSE: 532406, NSE: AVANTEL) has secured a purchase order worth ₹122.58 crore, excluding taxes, from NewSpace India Limited for the supply of S/X-band with Ka-band ready full motion antennas.
The order, received via email dated February 10, 2026, marks a significant addition to the company’s order book in the satellite communication and aerospace segment.
Order Details
| Particulars | Details |
|---|---|
| Awarding Entity | NewSpace India Limited |
| Order Value | ₹122.58 crore (Excluding Taxes) |
| Nature of Contract | Supply, Installation and Commissioning |
| Execution Timeline | August 2027 |
| Security Deposit | 2.50% |
| Performance Bank Guarantee | 0.50% |
| Type | Domestic Order |
Transaction Specifics
| Parameter | Status |
|---|---|
| Promoter Group Interest | Not Applicable |
| Related Party Transaction | Not Applicable |
About Avantel Limited
Avantel Limited is engaged in the design, development, and manufacturing of satellite communication systems, defense electronics, and related solutions. The company serves the aerospace and defense sectors and is listed on both BSE and NSE under the scrip code 532406 and symbol AVANTEL, respectively.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.