ENCLOSED HEREWITH ANN UNDER REG 30 OF SEBI LODR, 2105
Awaiting price reaction for this filing.
Nutricircle Ltd has signed an exclusive distribution agreement with Barentz Distribution India Private Limited on 25th August 2025 for marketing, distribution, and resale of its life science ingredients in India. Barentz is a global distributor of life science ingredients. Under the deal, Nutricircle will accept purchase orders up to 115% of the estimated annual volume, with payments to be made in Indian Rupees within 60 days of invoicing. The agreement has an initial term of 5 years and will auto-renew for additional 1-year periods unless terminated with 6 months' prior written notice. No specific revenue or volume figures have been disclosed, and there is no shareholding or related-party connection between the two companies.
This is a positive commercial development as it gives Nutricircle access to a well-established global distribution network for its life science ingredients, potentially expanding market reach. However, since no revenue numbers, volume estimates, or territory specifics were disclosed, the actual financial impact on shareholders remains uncertain in the near term.