Admach Systems Secures ₹1.16 Cr Order for NDT Equipment

Admach Systems Limited has announced the receipt of a purchase order valued at ₹115.97 lakhs (with GST) from a domestic customer in the non-destructive testing (NDT) industry. The order is for the supply of NDT Equipment for an Inline wheel inspection system and is to be executed within 7 months from the PO date. Payment terms include 20% advance against an Advance Bank Guarantee, 70% against inspection and Proforma Invoice, and the remaining 10% after successful commissioning. The company's current order book stands at ₹77.42 Crores (with GST). There is no interest from promoters or group companies in the entity awarding the order.