Avantel Limited has submitted a regulatory disclosure to BSE Limited and the National Stock Exchange of India Limited regarding receipt of a significant purchase order.
The company received a Purchase Order dated October 9, 2026, from M/s. Larsen & Toubro Limited for Comprehensive Annual Maintenance services. The total consideration for the order is ₹12.04 Crores (Rupees Twelve Crore Four Lakhs only), inclusive of applicable taxes.
Key Order Details:
- Entity Awarding Order: Larsen & Toubro Limited
- Nature of Contract: Service contract for Comprehensive Annual Maintenance of Satcom Equipment
- Geographic Scope: Domestic entity and domestic operation
- Execution Timeline: October 2028
- Order Value: ₹12.04 Crores (inclusive of taxes)
Related Party Considerations:
The company has confirmed that the promoter/promoter group/group companies do not have any interest in Larsen & Toubro Limited. The order does not qualify as a related party transaction.
Additional Information:
The information has been made available on the company's website at www.avantel.in. The disclosure was digitally signed by Dondeti Rajasekhara Reddy, Company Secretary & Compliance Officer of Avantel Limited, on October 10, 2026.