Avantel Ltd Secures Rs.1.92 Crores Boost via Amended Purchase Order from Bharat Electronics Limited
Avantel Ltd announced the receipt of a purchase order amendment from M/s. Bharat Electronics Limited (BEL) for the supply of Power Amplifiers. The amendment increases the overall order value by Rs.1.92 Crores (Excluding Taxes), bringing the total consideration for the product.The company confirmed that the initial Purchase Orders were issued on November 22, 2025, and May 5, 2026. The subsequent amendment to the order was received on May 21, 2026.
The additional order value of Rs.1.92 Crores is added to the existing order value of Rs.11.04 Crores.
The details regarding the contract awarded by M/s. Bharat Electronics Limited for the manufacturing segment are provided below:
| Particulars | Description |
|---|---|
| Name of the awarding entity | M/s. Bharat Electronics Limited |
| Significant terms and conditions | Performance Bank Guarantee: 5% |
| Nature of order | Manufacturing |
| Time period for execution | September 2026 |
| Consideration (Additional) | Rs.1.92 Crores (Excl. Taxes) |
The contract is classified as a domestic order, and the performance obligation requires the execution of the order by September 2026.
AVANTEL Stock Price Movement
Shares of Avantel Limited are edging higher to ₹168.48 as of 12:48 PM today, rallying by 3.90%. The stock maintains strong momentum in live trading, supported by robust buying interest that has moved 4.09 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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