Admach Systems Share price

Our Company was originally incorporated on February 29 2008 at Pune Maharashtra India as ‘Admach Systems Private Limited’ a private limited company under the Companies Act1956 and was granted a certificate of incorporation by the Registrar of Companies Pune Maharashtra (“RoC”). Further our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in its meeting held on August 10 2024 and by the Shareholders in an Extraordinary General Meeting held on August 20 2024 and consequently the name of our Company was changed to ‘Admach Systems Limited’ and a fresh certificate of incorporation dated October 10 2024 was issued by the Registrar of Companies Central Processing Centre. The Corporate Identification Number of our Company is U29299PN2008PLC131530.MAJOR EVENTS:2009- Company entered into Business Transfer Agreement with M/s. Admach SystemsStrategic takeover of all assets and liabilities from an established proprietorship business (M/s. Admach Systems- Prop. Ajay Chamanlal Longani) laid a strong foundation for future growth. A comprehensive Business Transfer Agreement was executed on 30th November 2009 officially transitioning the business operations infrastructure and goodwill from the proprietorship to the newly incorporated company.2011- Entered Steel Long Products Equipment ManufacturingBy the end of 2011 the Company had successfully manufactured and delivered over 30 different steel long product equipment reflecting its robust engineering capabilities. A notable highlight during this period was a prestigious order from Blue Star Limited valued at INR 181.68 Lakhs which was executed with precision and delivered on time—establishing the Company's credibility in the domestic market.2015- Entry into International MarketsThe Company achieved a major breakthrough by successfully completing its overseas project for the Pipe Industry as it worked with SCHULER PRESSEN GmbH (Germany) worth Euro 26560. Domestically the Company continued its momentum by completing key projects for leading steel sector clients such as Blue Star and Kalyani Hospet further strengthening its reputation in the industry.2020- Expanding Global Footprint in NDT MachinesA significant global opportunity emerged with a specialized order from Visi Consult (Germany) for the manufacturing of Non-Destructive Testing (NDT) Machines. This project marked the company's entry into the global testing equipment segment and set the stage for future innovations in this space.2021- Advanced Ultrasonic NDT SolutionsIn 2021 the Company expanded its technological capabilities by collaborating with Sofratest (France) to develop Ultrasonic Non-Destructive Testing Machines. This enabled the company to deliver advanced inspection systems and gain substantial recognition in the international market.2023- Global Projects and Domestic MilestoneThe company secured order form the international clients from and export to:• Arcelor Mittal DSTCFZE (UAE)• Kevin Chen (China)The company collaborated with globally established clients these companies delegated crucial manufacturing tasks to us on behalf of their clients. While the billing was done to their clients the finished products were dispatched during the year to their designated domestic customers as per their instructions.• IAS GmbH (Germany)• Sofratest (France)2024- Global ProjectsThe Company exported machinery to its existing client Arcelor Mittal DSTCFZE based in the UAE.2025- The momentum continued into 2024 with new international clients from Italy:• SAS Engineering & Planning SRL• Surface Engineering SRL• Braun Maschinenfabrik (Austria)These globally renowned companies recognized for supplying advanced steel machinery entrusted our Company with key manufacturing responsibilities for their clientele. While the billing was done to their clients the finished products were dispatched during the year to their designated domestic customers as per their instructions.CHINA- In the same year the Company secured another high-value project from customer involving the development of Advanced Steel Bar Finishing Lines executed in association with global leaders from Germany and Italy.Most notably the Company achieved a historic innovation milestone by designing and manufacturing the first fully automatic high-speed steel bar straightener made in India—a proud testament to our commitment to indigenous innovation and engineering excellence.- Conversion of Company from Private Limited to Public Limited Company