Avantel Bags ₹3.01 Cr Order

Avantel Acquisition

Avatel's board approved absorbing wholly-owned subsidiary Imeds Global Private Limited into the parent company. No cash consideration or new shares are involved in the merger.

Avantel Management Change

Avantel appointed Mr. Nimmagadda Sreenivasa Rao as Executive Director for 36 months, effective 26 October 2026. He previously led the company's R&D as VP-Technical.

Avantel Merger & Restructuring

Avantel's board approved merging wholly-owned subsidiary Imeds Global into the parent, subject to NCLT sanction. A Technical Director was also appointed for three years.

Avantel Q2 FY27 Results: Net Profit ₹6.8 Cr, Up 58.1% YoY

Avantel Ltd reported revenue from operations of ₹74.4 Cr (+34.3% YoY) and net profit of ₹6.8 Cr (+58.1% YoY) for Q2 FY27.

Key figure

Net profit ₹6.8 Cr · +58.1% YoY

Avantel Annual General Meeting

Avantel's shareholders passed the special resolution to alter the MOA objects clause via postal ballot. The result was approved with 99.98% of votes cast in favour.

Avantel Other Announcement

Avantel Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026. The filing notes an increase in equity shares due to ESOP exercises.

Zaggle Prepaid Ocean Services Bags New Order from AGP City Gas Private Limited

Zaggle Prepaid Ocean Services will provide its Zaggle Propel platform to AGP City Gas under a one-year agreement. Fees depend on active users and redeemed vouchers, so no contract value is disclosed.

From

AGP City Gas Private Limited

Execution

1 year

Vascon Engineers Bags ₹72 Cr Order from Neobridge Realty LLP

Vascon Engineers received a Letter of Intent worth Rs.72 Crore from Neobridge Realty LLP. The 25-month construction contract covers the Astoria residential project in Bandra, Mumbai.

Value

₹72.00 Cr

From

Neobridge Realty LLP

Execution

25 months

Transteel Seating Technologies Bags ₹0.26 Cr Order from 315 Work Avenue Spaces Private Limited

Transteel Seating won a Rs 26.12 lakh furniture supply and installation order from 315 Work Avenue Spaces. Execution is due within one week.

Value

₹0.26 Cr

From

315 Work Avenue Spaces Private Limited

Execution

Within 1 week from the date of work order

Aptech Bags ₹3.21 Cr Order from Autonomous Government Body

Aptech received a Rs.3.21 Crore order from an autonomous government body to conduct online examinations. Service runs from 1 January 2027 to 31 December 2027.

Value

₹3.21 Cr

From

Autonomous Government Body (name not disclosed)

Execution

1 January 2027 to 31 December 2027

Oriental Rail Infrastructure Bags ₹630.6 Cr Order from Ministry of Railways, Indian Railways

Oriental Rail Infrastructure received a Ministry of Railways order to manufacture and supply 1,560 BOXNS wagons. The order is valued at about ₹630.61 Crore, inclusive of GST.

Value

₹630.6 Cr

From

Ministry of Railways (Railway Board), Indian Railways

Execution

Delivery period for the additional 360 BOXNS wagons up to June 11, 2027; the core 1,560-wagon supply period is not separately stated

SK Minerals & Additives Bags ₹0.6 Cr Order from A reputed and well-established industrial conglomerate with a...

SK Minerals & Additives secured a fresh food additives order from a reputed industrial conglomerate. The order is valued at Rs. 59,89,680 as per mutually agreed terms.

Value

₹0.60 Cr

From

A reputed and well-established industrial conglomerate with a diversified presence across multiple business segments (unnamed)

Execution

As per the mutually agreed terms and conditions of the order (not specified)