Veerhealth Care Secures New Order from FMCG Giant for Skincare Products
Veerhealth Care Ltd has announced the receipt of a significant new order for skincare products from one of India’s leading Fast Moving Consumer Goods (FMCG) companies. This contract provides a substantial boost to the company's growth trajectory and is expected to contribute positively to future turnover.The value of the new order stands at approximately 360 Lakhs, or Rupees Three Hundred and Sixty Lakhs, exclusive of GST. The deal involves Veerhealth Care supplying Face Care Products to the domestic FMCG entity.
This contract places an execution timeline of 45 days for the delivery of goods.
The transaction is noted as being entirely independent, with no reported interest from the company's promoter group or its companies in the awarding entity. Consequently, the order does not fall within the purview of related party transactions.
Stock Price Movement
Veerhealth Care Ltd settled at ₹24.50 on Tuesday, registering a solid 1.03% gain for the day.The stock traded throughout the session between a low of ₹24.01 and an intraday high of ₹24.50.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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