Shelter Pharma Qualifies Technically for Veterinary Medicine Supply Tender from Verka Dairies
Shelter Pharma Ltd, a manufacturer and supplier of pharmaceutical and veterinary healthcare products, has received an intimation regarding participation in a negotiation meeting. The meeting is connected to a tender issued by Verka Dairies (Punjab State Cooperative Milk Producers' Federation Limited) for the supply of veterinary medicines.The company confirmed that it has successfully cleared the technical evaluation stage for this tender process. This development marks a point of growing presence and credibility for Shelter Pharma in the veterinary healthcare segment.
The outcome of the negotiation meeting and any further material developments, such as the award of the contract, will be communicated in due course.
Financial and contract details related to the tender are summarized below:
| Particulars | Details |
|---|---|
| Name of the entity awarding the tender | Verka (Punjab State Cooperative Milk Producers' Federation Limited) |
| Nature of contract | Tender for supply of veterinary medicines |
| Stage of the contract | Qualified in technical evaluation; invited for negotiation meeting |
| Whether domestic / international | Domestic |
| Significant terms & conditions | Yet to be finalized |
| Expected time period | To be determined post finalization |
| Whether promoter/promoter group has interest | No |
| Whether transaction falls under related party transactions | No |
Stock Price Movement
In today's trade, Shelter Pharma Ltd shares are currently traded flat at ₹28.50. The stock is down ₹0.85, reflecting a decline from yesterday's close of ₹29.35.Source:
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