Avantel Limited Receives Firm Purchase Order of Rs 83.80 Crores from Zetwerk Manufacturing Businesses Limited
Avantel Limited has secured a firm Purchase Order valued at Rs.83.80 Crores (Rupees Eighty-Three Crores and Eighty Lakhs Only) from M/s. Zetwerk Manufacturing Businesses Limited. The order, received on June 29, 2026, concerns the supply of Satellite Communication Equipment's.The contract awarded to Avantel Limited is based on a Rate Contract previously established with the client. The total value of the Purchase Order, inclusive of applicable taxes, stands at Rs.83.80 Crores. This order falls under the Manufacturing and AMC category.
M/s. Zetwerk Manufacturing Businesses Limited, a domestic entity, awarded the order for the supply of Satellite Communication Equipment's along with a One Year Comprehensive Onsite Warranty. The execution period for this order is scheduled up to March 2027.
Key details of the transaction are presented below:
| Particular | Detail |
|---|---|
| Awarding Entity Name | M/s. Zetwerk Manufacturing Businesses Limited |
| Order Value | Rs.83.80 Crores (Incl. Taxes) |
| Product Supplied | Satellite Communication Equipment's |
| Warranty Included | One Year Comprehensive Onsite Warranty |
| Nature of Transaction | Manufacturing and AMC |
| Execution Period | March 2027 |
AVANTEL Stock Price Movement
Avantel Limited shares rally to ₹179.21 as of 1:42 PM today, surging 4.34% in live trading. The equity trades within a wide intraday range between ₹171.76 and ₹180.50 amid nearly 2.3 million shares traded so far.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.
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