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AVANTEL LTD.

30 May 2025 | 12:00

Industry >> Telecom Equipments & Accessories

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ISIN No INE005B01027 BSE Code / NSE Code 532406 / AVANTEL Book Value (Rs.) 12.01 Face Value 2.00
Bookclosure 07/05/2025 52Week High 198 EPS 2.13 P/E 65.99
Market Cap. 3724.83 Cr. 52Week Low 96 P/BV / Div Yield (%) 11.71 / 0.14 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.