Avantel Share Price in Focus After Receiving ₹177 Crore Satellite Equipment Order

Avantel received the firm purchase order from Zetwerk on September 22, 2026. The order was placed under a rate contract awarded to the company earlier this year.  

The order is for the supply of satellite communication equipment and includes a one-year comprehensive onsite warranty. The company has to complete the order by March 2027.  

Avantel Gets ₹177 Crore Order 

The purchase order is worth ₹177.35 crore, including applicable taxes. It is a domestic manufacturing order from Zetwerk Manufacturing Businesses Limited.  

The latest order follows the rate contract awarded by Zetwerk to Avantel, which was referred to in the company's earlier March 25, 2026 filing.  

Order to Be Completed by March 2027 

Avantel will supply satellite communication equipment under the order. A one-year comprehensive onsite warranty is also part of the contract.  

The company has stated that neither its promoter or promoter group has any interest in Zetwerk, and the order does not fall under related-party transactions.  

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Avantel Share Price Performance  

As of 23 September 2026, Avantel Ltd share price closed at ₹146.17 per share, reflecting a decline of 0.37% from the previous trading session. 

Conclusion 

Avantel has picked up a ₹177.35 crore domestic order for satellite communication equipment from Zetwerk. The order is scheduled to be executed by March 2027. 

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