Avantel Limited, a leading provider of communication and electronic solutions, has announced that it has secured a purchase order worth ₹4.96 crore (excluding taxes) from the Department of Atomic Energy (DAE). The company disclosed this development in an official SEBI (Listing Obligations and Disclosure Requirements) Regulation 30 filing on April 2, 2025.

The order highlights Avantel’s continued success in securing contracts from government agencies, reaffirming its strong reputation in the industry.

Details of the Purchase Order

As per the company’s regulatory filing, the key details of the purchase order are:

• Client: Department of Atomic Energy (DAE)

• Nature of Contract: Supply

• Order Value: ₹4.96 crore (excluding taxes)

• Warranty Period: 24 months

• Performance Security Deposit: 3% Bank Guarantee

• Timeframe for Execution: The contract is to be executed by May 2, 2026

The purchase order is a domestic contract, and there is no related-party interest involved, as clarified by Avantel Limited.

Strategic Significance of the Order

This order strengthens Avantel’s position as a trusted supplier for key government agencies, particularly in the field of atomic energy and critical communication systems. The Department of Atomic Energy plays a vital role in India’s scientific and technological advancements, and securing a contract from such an entity reinforces Avantel’s expertise and reliability in delivering high-quality solutions.

D Rajasekhara Reddy, Company Secretary & Compliance Officer of Avantel Limited, confirmed that this disclosure is being made in compliance with SEBI regulations and is also available on the company’s official website (www.avantel.in).

Financial and Market Implications

The ₹4.96 crore purchase order is expected to positively impact Avantel’s revenue stream, adding to its order book for the financial years 2025 and 2026. This contract aligns with Avantel’s strategic focus on securing long-term government projects, which offer stability and consistent revenue inflows.

Investors and market analysts may closely monitor Avantel’s performance, as successful execution of this contract could lead to additional government contracts in the future. Given the 24-month warranty period and a performance security deposit of 3%, the deal also reflects the company’s commitment to quality and compliance with stringent regulatory standards.

Avantel’s Growing Presence in Government Contracts

Avantel Limited has a strong track record of working with government agencies and defense organizations. Its AS 9100D and ISO 9001:2015 certifications demonstrate its commitment to high-quality production standards, making it a preferred choice for specialized contracts in telecommunications, aerospace, and atomic energy sectors.

Securing orders from prestigious organizations such as the Department of Atomic Energy further enhances Avantel’s credibility and positions the company for future growth in India’s high-tech manufacturing and defense sectors.

Conclusion

The latest ₹4.96 crore purchase order from the Department of Atomic Energy marks another significant achievement for Avantel Limited. With strong execution capabilities, high-quality production standards, and a growing order book, Avantel is poised for sustained growth in the coming years.

Market watchers and investors will now be keen to see how this contract translates into revenue growth and whether it paves the way for additional contracts from other government entities.

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