Admach Systems Receives USD 45902.00 Purchase Order from Welspun Tubular LLC, USA

Admach Systems Limited has received a purchase order from Welspun Tubular LLC, USA, valued at USD 45902.00 (approximately INR 41.35 Lakhs) for a Main Edge Milling Automated Tool Changing Device Structure. The order is fully automated with high precision fabrication and machining. The scope of work includes complete Engineering, Manufacturing, Supply, inspection, and performing performance guarantee of the Automatic tool changer. The payment terms are 20% advance against proforma Invoice and 80% on readiness of the equipment. The order is to be executed within 12 weeks on an Ex works basis from the date of confirmed order. The current order book of Admach Systems Limited stands at INR 77.36 Crores.