Admach Systems Secures ₹5.01 Cr Order for Steel Industry Equipment

Admach Systems Limited has announced the receipt of a significant purchase order from a domestic customer in the steel industry. The order, valued at ₹501.50 lakhs (including GST), is for the supply of two roll straightening machines. The execution of this order is expected to be completed within 9 months from the PO date or advance payment, whichever is later. This new order contributes to the company's current order book, which stands at INR 81.71 Crores (including GST). The terms of payment include an advance, payment against Proforma Invoice and Factory Acceptance Testing, and final payment post-commissioning.