Admach Systems Limited has informed the Exchange regarding the receipt of order form domestic and export.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Admach Systems Ltd has received a purchase order valued at ₹252.22 Lakhs from a domestic and international client for the manufacturing and assembly of industrial equipment, including an Indexing Roller for Silma Machine, an Automatic Coil Strapping Machine, a Plate Scrubber, a Main Edge Milling Automated Tool-Changing Device Structure, and a Pre & Post Washing Station, along with machine revamping. The order will be executed on an ex-works basis over 4 to 16 weeks. Payment terms include a 20% advance against the proforma invoice and the remaining 80% on readiness of the equipment. The company currently has an order book of ₹79.88 Crores, with this new order adding approximately 3% to it. There is no related party interest involved in the transaction.
This is a modest new order that adds to the existing order book of nearly ₹80 Crores, providing incremental revenue visibility. For shareholders, it is a positive but routine business update without material impact on the stock price.