Avantel Receives ₹177.35 Crore Domestic Satellite Equipment Order

Core Announcement – Order Details

Awarding Entity: M/s. Zetwerk Manufacturing Businesses Limited

Domestic/International Order: Domestic

Nature of Order/Contract: Supply of Satellite Communication Equipment's, along with One (1) Year Comprehensive Onsite Warranty. The nature is specified as Manufacturing.

Order Value: Rs.177.35 Crores (Rupees One Hundred and Seventy-Seven Crores and Thirty-Five Lakhs Only), inclusive of applicable taxes.

Materiality Context: Not Specified

Execution Timeline: The order must be executed by March 2027.

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified beyond the inclusion of a one-year comprehensive onsite warranty.

Whether Related Party Transaction: No. The disclosure explicitly states "Not Applicable" for both related party transaction and promoter group interest.

Promoter Group Involvement: No. The disclosure states "Not Applicable" regarding whether promoters have any interest in the entity that awarded the order.

Financial Implication: Not Specified