India, Jan. 8 -- Avantel Ltd has secured a domestic manufacturing order from NewSpace India Limited for the supply, installation, and commissioning of devices for Xponders. The order is valued at Rs 11.19 crore (excluding taxes) and is scheduled to be executed by July 2026.
The company clarified that there is no promoter or promoter group interest in the awarding entity, and the contract does not fall under related party transactions.
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