I agree with Henrik as to either an auxilliary relay for E-stop or similar method, the other comment I would have is you show the 48v common going out to the steppers, is the to the case?
If the 48v is not at Earth potential, the bonding lines you show should go to the green earth star point.
Or if the 48v common is at ground potential then they should be bonded together.
There should also be a bonding conductor from Earth star point to all metallic parts of the machine, gantry, spindle motor etc.
Some switches have the ability to add another section, either N.O. or N.C.
Al.
CNC, Mechatronics Integration and Custom Machine Design
“Logic will get you from A to B. Imagination will take you everywhere.”
Albert E.