Admach Systems Secures ₹2.96 Cr Order for NDT Equipment

Admach Systems Limited has announced the receipt of a significant purchase order valued at ₹295.73 lakhs (including GST) from a domestic customer in the non-destructive testing (NDT) industry. The order is for the supply of two NDT machines, with the final delivery locations specified as Mexico and China. This new order contributes to the company's current order book, which stands at INR 83.77 Crores (including GST). The terms of the order include a 30% advance payment upon receipt of the Purchase Order (PO) and the balance against dispatch. The execution period for this order is stipulated as 16 weeks from the PO date. The company confirmed that there is no interest from promoters or promoter group in the entity awarding the order, and it does not fall under related party transactions.