Avantel receives ₹13.82 Crore order from CRIS for Satcom Hub Equipment
Avantel Limited secured a purchase order valued at ₹13.82 Crores from Centre For Railway Information Systems (CRIS) for Satcom Hub Equipment. The domestic order is for supply and services, with execution expected by June 12, 2026. This marks a significant new business win for the company.
The order value of ₹13.82 Crores is material for the company and contributes to its revenue stream, hence a medium impact.
The company has received a new purchase order, which is a positive development indicating business growth and contract wins.
Avantel Limited has announced the receipt of a significant purchase order worth ₹13.82 Crores (including taxes) from the Centre For Railway Information Systems (CRIS). The order, received via email on December 12, 2025, is for the supply of Satcom Hub Equipment. The contract is a domestic order and falls under 'Supply & Services'.
The terms of the order include a Performance Bank Guarantee of 4%. The execution of this order is scheduled to be completed by June 12, 2026. The company has confirmed that there is no interest from promoters or promoter group in CRIS, and the transaction does not fall under related party transactions.
This information is disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further details are available on the company's website.
What to do with a filing like this
Avantel Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Avantel Limited. Read the original for the full detail.