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Avantel secures Rs 177.35 crore domestic contract for satellite equipment

1 report, 1 independent Updated Thu 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Avantel received a purchase order from Zetwerk on September 22, 2026, based on a previously awarded rate contract. The order requires the manufacturing and supply of satellite communication equipment, along with a one-year comprehensive onsite warranty. This domestic manufacturing contract is valued at Rs 177.35 crore and must be executed by March 2027.

From indiatimes.com

Why it matters

Some supportBrind's analysis of the reports

The contract provides Avantel with a significant new revenue stream. The company stated that the order was not awarded by a related party, and the promoter or promoter group has no interest in the entity awarding the contract.

From indiatimes.com

Who's involved

  • AvantelSecured a domestic manufacturing contract for satellite communication equipment.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • AvantelSpeculative

    Avantel might see increased revenue from the contract award.

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The entities involved

Coverage

Newest first; wire copies grouped