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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Avantel Ltd

Avantel Ltd Receives Rs.9.94 Cr Contract from DRDO

ORDERS ▲ Positive Development LOW RISK
📅 Filed on BSE: 08 Jun 2026, 04:00 PM IST  ·  BSE ID: 6c7b68d0-eb25-4ea5-854d-01a033ad1dce
View Original BSE Filing (PDF)
💡
In Simple Terms
Avantel Ltd received a Rs.9.94 Crores order from DRDO to develop and test satellite terminals.
🤖 AI Summary
  • Avantel secured a Rs.9.94 Crores contract from DRDO for satellite terminals.
  • Contract execution is scheduled to be completed by December 2028.
  • The agreement includes a 24-month warranty period.
  • This is a domestic order for manufacturing and services.
  • DRDO is the awarding entity, part of the Ministry of Defence.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Contract Value
Rs.9.94 Crores
Execution Timeline
December 2028
Warranty Period
24 Months
🏢 How This Affects the Company
📈
Business Impact
This contract adds to Avantel's order book in the defence and space communication sector, further validating its capabilities. The execution timeline extends into FY29.
💰
Financial Impact
The Rs.9.94 Crores contract will contribute to the company's revenue over the execution period, impacting future financial results.
⚙️
Operational Impact
The company will undertake manufacturing and service activities related to the development and testing of satellite terminals.
⚠️
Risk Impact
Execution against the December 2028 deadline and meeting the 24-month warranty terms are key operational considerations.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders regarding this contract receipt.
👤
Who Is Affected
All shareholders of Avantel Ltd are affected by the company's continued order book growth and revenue pipeline.
🔍
Management Signal
The consistent receipt of orders from defence and government entities signals management's focus on securing strategic, long-term business.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Future DRDO contract announcements for further pipeline confirmation.
Company's financial results for updates on revenue recognition.
Confirmation of project milestones related to the satellite terminals.
LOW RISK Order from a government entity with a clear execution timeline reduces immediate execution risk.
💡 Investor Takeaway
Avantel secured a Rs.9.94 Crores contract from DRDO for satellite terminals, to be executed by December 2028. This order is for manufacturing and services with a 24-month warranty.
⚖️ Strengths & Concerns

✅ Positives

  • Secured Rs.9.94 Crores domestic contract from DRDO, a key government defense organization.
  • Order execution is scheduled for completion by December 2028, indicating long-term engagement.
📅 Company Track Record
Avantel has recently secured substantial orders including Rs.11.59 Crores from NewSpace, Rs.137.12 Crores from India Meteorological Department, and a Rs.459.90 Crores satellite equipment contract.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the value of the contract Avantel Ltd received from DRDO?
Avantel Ltd received a contract from DRDO valued at Rs.9.94 Crores (inclusive of applicable taxes).
Which organization awarded the contract to Avantel Ltd?
The contract was awarded by the Defence Research and Development Organisation (DRDO), Ministry of Defence, Government of India.
When is the satellite terminals contract with DRDO expected to be executed?
The contract is expected to be executed by December 2028.
What is the nature of the contract Avantel Ltd received from DRDO?
The contract is for the Development and Testing of Satellite Terminals and falls under Manufacturing & Service.
What is the warranty period for the DRDO contract?
The contract includes a warranty period of 24 Months.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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