Admach Systems receives ₹115.97 lakh domestic inspection equipment order
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Admach Systems received a purchase order worth ₹115.97 lakh, including GST, from a domestic non-destructive testing customer for inline wheel inspection equipment. Execution is planned within seven months. Payment is 20% against an advance bank guarantee, 70% after inspection and pro forma invoice, and 10% after commissioning. The order book stands at ₹77.42 crore.
Positive for order visibility, but the order equals about 1.5% of the existing order book and the customer remains unnamed.