Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015- Receipt Work Order pursuant to Tender Process.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shelter Pharma Ltd has received a Work Order from Verka Dairies, a flagship dairy brand of MILKFED Punjab, for the supply of veterinary medicines. The order is a rate contract valid for one year, extendable by up to three months on mutual consent. Prices are on F.O.D. delivered basis inclusive of taxes, freight, insurance, and packing charges. Payment terms are 15 days from receipt and inspection, with delivery to be completed within 30 days of the purchase order. The company states the order will contribute positively to future revenues and profitability, though the exact order value is not disclosed as it depends on actual quantities ordered. This follows the company's earlier qualification in the tender process on 6th April 2026.
This is a positive development as it demonstrates Shelter Pharma's ability to win competitive tenders from reputable clients like Verka Dairies. However, without a disclosed monetary value, the actual financial impact on revenues remains uncertain.