Shelter Pharma Ltd Receives Order from Verka Dairy Ludhiana for Veterinary Feed Supplements
Shelter Pharma Ltd has secured a purchase order from Verka Dairy Ludhiana, one of the trusted dairy brands of MILKFED Punjab. The contract pertains to the supply of specialized Veterinary Feed Supplements products in the normal course of business.The award of this order reflects client confidence in Shelter Pharma’s ability to deliver quality solutions and maintain high standards, serving as a recognition of the company's commitment to timely execution and reliable services. This successful business development is anticipated to contribute positively toward the Company's future profitability, revenues, and overall growth.
Verka Dairy Ludhiana awarded the purchase order for various veterinary feed supplements. The details concerning the products, value, and terms of the transaction are summarized below:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Verka Dairy Ludhiana (A flagship dairy brand of MILKFED Punjab) |
| Order Nature | Normal course of business |
| Products Supplied | DIA-VET BLOUS Unit (NOS) and For retention of Placenta/Ecbloic (UTRON) Unit (Each) |
| Broad Consideration | INR 50347.50 |
| Transaction Type | Domestic entity, normal course of business |
| Promoter Interest | No interest exists from the promoter or promoter group in Verka Dairy Ludhiana |
The order is scheduled for execution within the mutually agreed timelines as specified in the purchase order schedule. The transaction does not fall under related party transactions and was conducted at arm's length basis, according to the provided details.
Stock Price Movement
As of 11:31, Shelter Pharma Ltd. is trading down, currently at ₹26.50 after a 1.85% drop for the day. The shares have seen intraday movement, swinging between a high of ₹27.20 and a low near ₹26.50.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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