2 hrs ago
Avantel Bags ₹177.35 Crore Zetwerk Order For Satellite Communication Equipment
Avantel is a company that makes technology for defence and communications.
It received a large order from Zetwerk Manufacturing Businesses Limited.
The order is worth ₹177.35 crore.
Zetwerk wants Avantel to provide satellite communication equipment.
The purchase order was dated September 22, 2026.
Avantel must complete the order by March 2027.
The company announced the order in a regulatory filing.
Avantel also provides support for its products after they are sold.
Avantel received a ₹177.35 crore purchase order from Zetwerk Manufacturing Businesses Limited.
The order covers the supply of satellite communication equipment.
The purchase order was dated September 22, 2026.
Avantel must execute the order by March 2027.
Avantel designs, manufactures, and deploys defence electronics products and provides after-market support.
- Who
- Avantel and Zetwerk Manufacturing Businesses Limited.
- What
- Avantel received a ₹177.35 crore order to supply satellite communication equipment.
- Where
- The announcement was reported from New Delhi; the articles do not specify the delivery location.
- When
- The purchase order was dated September 22, 2026, and must be executed by March 2027.
- Why
- The order was issued under an earlier rate contract for the supply of satellite communication equipment.
Key facts
- Order value
- ₹177.35 crore
- Buyer
- Zetwerk Manufacturing Businesses Limited
- Supplier
- Avantel
- Equipment
- Satellite communication equipment
- Purchase order date
- September 22, 2026
- Execution deadline
- March 2027
- Announcement
- Regulatory filing
Quotes
Avantel
The company making the regulatory disclosure about the purchase order
“We are pleased to inform you that the Company has received a firm Purchase Order dated September 22, 2026, from M/s Zetwerk Manufacturing Businesses Limited, pursuant to the aforesaid Rate Contract, for the supply of Satellite Communication Equipment. The total value of the said Purchase Order is Rs 177.35 crore.”
freepressjournal.in
Sources
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