Avantel Limited Secures Additional Order Value of Rs.3.01 Crores from Bharat Electronics Limited
Avantel Limited has announced receiving an amendment to a Purchase Order from M/s. Bharat Electronics Limited (BEL) for the supply of Power Amplifiers. The revised order adds an additional value of Rs.3.01 Crores to the existing contract.The amendment, received on May 4, 2026, increases the overall order value. The original order had an established value of Rs.8.03 Crores.
The details pertaining to the Purchase Order are as follows:
| Particulars | Description |
|---|---|
| Name of the entity awarding the order(s) / contract(s) | M/s. Bharat Electronics Limited |
| Significant terms and conditions of order(s)/contract(s) awarded in brief | Performance Bank Guarantee: 5% |
| Whether order(s)/contract(s) have been awarded by domestic / international entity | Domestic |
| Nature of order(s)/contract(s) | Manufacturing |
| Whether domestic or international | Domestic |
| Time period by which the order(s)/contract(s) is to be executed | July 2026 |
| Broad consideration or size of the order(s)/contract(s) | Rs.3.01 Crores (Excl. Taxes) |
| Promoter Interest in Awarding Entity | Not Applicable |
| Related Party Transaction | Not Applicable |
The supply of the Power Amplifiers is scheduled for execution by July 2026.
AVANTEL Stock Price Movement
Today, Avantel Limited shares edged higher, closing at ₹151.29 after gaining 1.61% for the session. The stock saw consistent trading activity throughout the day, completing the session with a total volume of 1.64 million shares.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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