Avantel secures ₹13.82 crore order for railway information systems

Avantel Limited informed stock exchanges on December 13, 2025, about receiving a significant purchase order valued at ₹13.82 crore (including taxes). The order, communicated via email on December 12, 2025, is for the supply of Satcom Hub Equipment to the Centre For Railway Information Systems (CRIS).

This domestic contract includes a performance bank guarantee of 4% and is for the supply of goods and services. The execution period for this order extends until June 12, 2026.

The company confirmed that the promoter or promoter group has no interest in the entity awarding the contract, and the transaction is not considered a related party transaction.