Avantel Secures ₹28.20 Crore Contract from Coast Guard for Satcom Products
Avantel Limited received a contract worth ₹28.20 Crores from Coast Guard Headquarters for Satcom Products. The contract includes supply, installation, commissioning, and maintenance, with execution expected by August 2027.
The contract value of ₹28.20 Crores is significant and will contribute to the company's revenue, but its impact is moderate in the context of the overall company size.
The company has secured a new contract, which is a positive development for business growth and revenue.
Avantel Limited has announced the receipt of a significant contract from the Coast Guard Headquarters, New Delhi, valued at ₹28.20 Crores. The contract, dated May 25, 2026, encompasses the supply, installation, commissioning, and annual comprehensive maintenance of Satcom Products.
The total value of the contract, including applicable taxes, is ₹28.20 Crores. The order is for a domestic entity, and it falls under the Manufacturing & Service category. The execution of this contract is expected by August 2027. The company has confirmed that there are no promoter or group company interests in the awarding entity, and the transaction is not considered a related party transaction. Further details are available on the company's website.
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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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