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    AVANTEL LTD.

    08 April 2025 | 12:00

    Industry >> Telecom Equipments & Accessories

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    ISIN No INE005B01027 BSE Code / NSE Code 532406 / AVANTEL Book Value (Rs.) 8.06 Face Value 2.00
    Bookclosure 23/05/2024 52Week High 211 EPS 2.15 P/E 52.51
    Market Cap. 2759.64 Cr. 52Week Low 100 P/BV / Div Yield (%) 14.00 / 0.18 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    2002-Avantel Softech Ltd has informed BSE that one of the Director's Dr R Srinivasan has resigned from the Board w e f June 20, 2002.

    2003 -Delisted equity shares of the company from Hyderabad & Bangalore Stock Exchanges

    2005

    -Avantel Softech secures order worth Rs 114.90 mn from Government of India

    2008

    - Avantel Softech Ltd has informed that the Company bagged an order of Rs 8.25 Crores from the Ministry of Defence, Government of India, for supply of SATCOM Receiver Terminals for Indian Navy.

    - Avantel Softech Ltd has appointed Sri. M L N Acharyulu as an Additional Director at the Meeting of Board of Directors held on July 30, 2008.

    - Company name has been changed from Avantel Softech Ltd to Avantel Ltd.

    2011

    -Avantel Delivers First P-8I Mobile Satellite Service System to Boeing.

    2012

    -Purchase Order from Indian Navy worth Rs. 8.46 Crores.

    2013 -Avantel Ltd has recommended a dividend of Rs. 2.50/- per Equity Share (25%)

    2014 -Avantel Ltd Bagged Order worth Rs.17.04 Crore from ANTRIX CORPORATION LIMITED -Avantel Ltd has informed that the Board of Directors has appointed Shri. Raghu Prasad Pidkiti as Additional Director of the Company.

    2014 -Avantel has been conferred with the prestigious " SIATI Award for Excellence in Indigenous Development"

    2016 -Avantel has been awarded with "India SME 100 Awards" for the year 2016

    2018 -Avantel has been awarded with SME Empowering India Awards 2018 under the category of Electronic Goods & Services

    2023 -The Company has issued Bonus Shares in the Ratio of 2:1. -The Company has received a Purchase Order worth of Rs.17.64 Crores from M/s. Cochin Shipyard Limited. -The Company has splits its face value from Rs. 10/- to Rs. 2/-.

    2024 -The Company received Purchase Order worth of Rs.44.49 Cr from M/s. Larsen & Toubro Limited -The Company Purchase Order worth of Rs.3.45 Cr form Bharat Electronics Limited. -The Company has received of Final Purchase Order worth of Rs.67.92 Crores from M/s. NewSpace India Limited.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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