Avantel Ltd
Avantel Ltd Company History
Avantel is a company engaged in manufacturing of wireless front-end, Satellite Communication, Embedded systems, Signal Processing, Network management and Software development and rendering related customer support services, and having an in-house R&D facility at Visakhapatnam, Andhra Pradesh.
2003
Delisted equity shares of the company from Hyderabad & Bangalore Stock Exchanges
2003
2005
Avantel Softech secures order worth Rs 114.90 mn from Government of India
2005
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.
2008
2011
Avantel Delivers First P-8I Mobile Satellite Service System to Boeing.
2011
2012
Purchase Order from Indian Navy worth Rs. 8.46 Crores.
2012
2013
Avantel Ltd has recommended a dividend of Rs. 2.50/- per Equity Share (25%)
2013
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.
Avantel has been conferred with the prestigious " SIATI Award for Excellence in Indigenous Development"
2014
2016
Avantel has been awarded with "India SME 100 Awards" for the year 2016
2016
2018
Avantel has been awarded with SME Empowering India Awards 2018 under the category of Electronic Goods & Services
2018
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/-.
2023
