Avantel Limited has intimated the receipt of a firm Purchase Order from M/s. Zetwerk Manufacturing Businesses Limited. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and refers to an earlier intimation dated March 25, 2026, regarding the award of a Rate Contract by the same entity.
The Purchase Order is dated June 29, 2026, and was received pursuant to the aforesaid Rate Contract. The order is for the supply of Satellite Communication Equipment.
Key Details of the Purchase Order:
- Total Value: ₹83.80 Crores (Rupees Eighty-Three Crores and Eighty Lakhs Only), inclusive of all applicable taxes.
- Awarding Entity: M/s. Zetwerk Manufacturing Businesses Limited (Domestic entity)
- Significant Terms: The order includes the supply of Satellite Communication Equipment along with a One (1) Year Comprehensive Onsite Warranty.
- Nature of Order: Manufacturing & AMC (Annual Maintenance Contract)
- Geography: Domestic
- Execution Time Period: The order is to be executed by March 2027.
- Related Party Transaction: The company states this is "Not Applicable," confirming the order does not constitute a related party transaction.
- Promoter Interest: The disclosure confirms that the promoter/promoter group/group companies do not have any interest in the entity that awarded the order.
The information has also been made available on the company's website at www.avantel.in.
The letter is digitally signed by D Rajasekhara Reddy, Company Secretary & Compliance Officer of Avantel Limited, on June 30, 2026.