Admach Systems Secures ₹1.59 Cr Order for Bar Handling System

Admach Systems Limited announced the receipt of a significant purchase order valued at ₹159.30 lakhs (including GST) from a domestic steel and alloy manufacturing company. The order is for the supply of a Bar handling System for an Auto-UT Machine and is expected to be executed within 7 months from the PO date. The company also updated its current order book to INR 68.37 Crores (including GST). Payment terms include 10% advance, 80% against Proforma Invoice and factory acceptance testing, and the remaining 10% after successful commissioning.