Avantel Wins Rs 175.5 Million Defence Order From BEL

28 Nov 2025 CW Team

Avantel has informed the exchanges that it has secured a purchase order worth Rs 175.5 million, inclusive of taxes. The order was placed by Bharat Electronics Limited (BEL), one of India’s leading state-owned defence and electronics manufacturers.

According to the company’s filing dated 25 November 2025, the contract involves the supply of communication systems, further strengthening Avantel’s position in the defence communication solutions sector.

The order has been awarded by a domestic entity, confirming that it falls within the Indian market. Avantel will be required to furnish a Performance Bank Guarantee of 5 per cent as part of the standard contractual requirements.

Execution of the order must be completed by March 2026, in line with the purchase schedule. Avantel also clarified that neither its promoters nor its group companies hold any interest in BEL, ensuring that the agreement is not categorised as a related-party transaction.

The company added that the order is part of its normal business operations and will further expand its order book, supporting its continued growth in the domestic defence communications equipment market.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..