Receipt of Order
SAIPARENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sai Parenterals Ltd has received a purchase order worth USD 11 million (Rs. 104.50 crores at an exchange rate of Rs.95/$) from PILL CORP, Bulacan, Philippines. The order is for supply of anti-TB products for the Philippines market on an exclusivity basis for a period of 10 years, effective 1 June 2026. Orders will be released periodically during the contract term. The company has confirmed that neither the promoter group nor any group companies have any interest in the awarding entity, and the contract does not fall within related party transactions.
This is a significant international export contract denominated in USD, providing revenue visibility over a 10-year period and strengthening the company's international footprint in the pharma space.