Veerhealth Care Secures Order Worth Rs 526.84 Lakhs from Domestic FMCG Giant
Veerhealth Care Ltd has received a substantial order for skincare products from one of India’s Fast Moving Consumer Goods (FMCG) companies. The deal, valued at approximately Rs 526.84 Lakhs, represents a significant business development opportunity for the company, which anticipates additional growth in its turnover following the contract award.The order involves the supply of Face Care Products to the domestic FMCG entity. While the client's identity has been kept confidential as per terms of the agreement, the details confirm that Veerhealth Care Ltd is set to execute the order within a 45-day period.
The transaction was reported as non-related party business, confirming that neither the promoter nor the promoter group companies hold any interest in the awarding entity.
Key details regarding the contract are summarized below:
| Aspect | Detail |
|---|---|
| Order Value | Rs 526.84 Lakhs |
| Nature of Products | Face Care Products |
| Client Type | Domestic FMCG Company |
| Execution Timeline | 45 Days |
The securing of this order is expected to contribute positively to the company's operational trajectory and future growth prospects as Veerhealth moves forward with production and delivery.
Stock Price Movement
Veerhealth Care Ltd. finished off the trading day, settling at ₹43.64 on Tuesday, marking a decline of 0.18%. The shares traded within their intraday range, fluctuating between a low of ₹42.75 and a high of ₹44.00.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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