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Avantel Limited is engaged in the business of designing, developing and maintaining wireless and satellite communication products, defence electronics, radar systems and development of network management software applications for its customers majorly from the aerospace and defence sectors.
Avantel secured a **₹117.88 Cr** contract from **DRDO, Ministry of Defence**, for Development, Installation & Commissioning of a Ground Segment Hub for voice & data communication. The project is expected to be executed by **February 2029**.
Avantel shareholders approved key board appointments: Abburi Siddhartha Sagar re-appointed Executive Director (Strategy & Business Dev.), Peddi Bala Bhaskar Rao appointed Director (Operations), and Vyasabhattu Ramchander re-appointed as an Independent Director. These changes strengthen the company's leadership team.
Avantel Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
Avantel Limited has informed the Exchange regarding Proceedings of Postal Ballot
Avantel Limited has informed the Exchange about Copy of Newspaper Publication