The Company wishes to inform about the receipt of order from one of the India''s FMCG Company for skin care products for a value of 360 Lakhs.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Veerhealth Care Ltd has received an order valued at Rs. 3.6 Crores (360 Lakhs, excluding GST) from a leading Indian FMCG company for the supply of face care products under its ayuVeer brand. The client's name has not been disclosed due to confidentiality. The order is domestic in nature and must be executed within 45 days. Management has stated that this order represents a significant opportunity and is expected to contribute to additional growth in turnover. No promoter or group company interest is involved in the awarding entity, and the transaction is not a related-party deal.
This is a new business win for Veerhealth Care's skincare segment, but without disclosed annual revenue figures, the materiality of a Rs. 3.6 Crore order is hard to gauge. The short 45-day execution window means revenue recognition should be quick. Positively signals business traction, though investors should watch for follow-on orders or revenue guidance for stronger conviction.