Admach Systems Strikes ₹5.02 Crore Steel Industry Deal

Special purpose machinery manufacturer Admach Systems Limited (BSE SME: 544669) has received a new domestic purchase order worth ₹501.50 lakh (inclusive of GST) from the steel industry. The company will supply a precision two-roll straightening machine, with execution scheduled within a nine-month window post-advance or order confirmation.

This contract further strengthens Admach’s robust backlog, bringing its cumulative order book to ₹81.71 crore. Managing Director Ajay Longani noted that the contract validates the company's specialized engineering capabilities and its strategic expansion into high-growth industrial sectors.

News by Rahul Yelligetti.