We are pleased to inform you that the Company has received order from a Company having top position in personal care segment on marketplace companies in the country for the production of ....
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Awaiting price reaction for this filing.
Veerhealth Care Ltd has received a new domestic order worth Rs. 1.70 Crores from a leading marketplace company in the personal care segment. The order is for the manufacture and supply of face care products under a private-label arrangement. The client name has been kept confidential under the terms of the agreement. The company must execute the order within 30 days. The order is from a domestic entity, is not a related-party transaction, and there is no promoter or group company interest in the awarding entity. The company has stated it expects this to contribute to additional growth in turnover.
This is a modest but positive new business win from a top personal-care marketplace player, supporting incremental revenue growth. However, the Rs. 1.70 Crore size is relatively small and short-term (30 days), so the immediate stock price impact is likely limited unless more such orders follow.