Avantel Secures ₹4.16 Crore Contract for CAMC of Satcom Equipment from Ministry of Defence
Avantel Limited received a contract worth ₹4.16 Crores from the Ministry of Defence for CAMC of Satcom Equipment. The contract is for services and has an execution period starting January 1, 2028. This is a domestic order with a 5% performance bank guarantee.
The contract value of ₹4.16 Crores is material for Avantel Limited, contributing to its order book and potential revenue, but it does not represent a transformative event for the company.
The announcement reports the receipt of a new contract, which is generally positive for the company's business outlook and revenue stream.
Avantel Limited has announced the receipt of a significant contract worth ₹4.16 Crores (including taxes) for the Comprehensive Annual Maintenance Contract (CAMC) of Satcom Equipment. The contract has been awarded by the Ministry of Defence, Headquarters Naval Aviation, via a mail dated December 26, 2025.
The order is for services and is classified as a domestic contract. The execution period for this contract is specified to be from January 1, 2028. A performance bank guarantee of 5% is a significant term and condition of the award. The company has confirmed that there are no promoter or promoter group interests in the awarding entity, and the contract does not fall under related party transactions, indicating it is an arm's length transaction.
This intimation is provided in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further details regarding the contract are available on the company's website, www.avantel.in.
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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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