Please enclosed tender announcement
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Awaiting price reaction for this filing.
Royal Sense Limited informed BSE that TTG Innovations Private Limited (which is being merged into Royal Sense and has received BSE NOC for the Scheme of Arrangement) has been awarded a significant tender by the Central Procurement Agency, Directorate General of Health Services (GNCT of Delhi). The order is for the supply of various surgical sutures including absorbable, non-absorbable, monofilament, braided, and specialty sutures to be executed over 2 years. The Board expects this tender to boost the Company's sales by up to ₹100 Crore. The order is domestic, awarded by a government health body, and there is no related-party interest involved.
A potential ₹100 Crore sales boost from a government health tender is materially positive for Royal Sense, likely supporting revenue growth and stock sentiment, though execution over 2 years and pending merger completion are key factors to watch.