Anondita Medicare secures ₹7.18 crore order from CMSS

1 min read     Updated on 26 May 2026, 06:31 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Anondita Medicare Limited received a ₹7.18 crore purchase order from the Central Medical Services Society for supplying condoms. The order requires a 3% performance security deposit and stipulates delivery in two tranches within 180 days. Payments are due within 60 to 75 days based on sterility test requirements.

powered bylight_fuzz_icon
41346092

*this image is generated using AI for illustrative purposes only.

anondita medicare has secured a purchase order worth ₹7,18,36,178.31 from the Central Medical Services Society (CMSS), Ministry of Health and Family Welfare. The order, dated April 28, 2026, is for the supply of condoms (FS-NACO) and was disclosed to the National Stock Exchange of India Limited on May 25, 2026. The company confirmed that the disclosure was made after obtaining necessary clarifications from CMSS regarding the final accepted quantity and the applicability of the Rate Contract.

Order Details

The purchase order (PO No: 10282600131/PDI/Domestic Fund-DF) stipulates a delivery schedule divided into two tranches. The first tranche requires 50% of the total delivery to be completed within 90 days from the date of the purchase order. The remaining 50% must be delivered within 91 to 180 days from the purchase order date.

Financial and Contractual Terms

The total value of the order is ₹7,18,36,178.31. The contract requires the company to deposit a performance security equivalent to 3% of the total order value via NEFT, RTGS, Demand Draft, Banker's Cheque, Fixed Deposit Receipt, or Bank Guarantee. This security must be submitted within 15 days of receiving the order letter, or the amount will be deducted from payments due.

Payment terms are structured based on the type of supplies. For items requiring sterility tests, payments will be made within 75 days of supply. For other items, the payment timeline is 60 days. Part payments will only be considered after 50% of the ordered items in an individual tranche have been supplied, provided standard quality testing reports are received from CMSS laboratories.

The company confirmed that the order has been awarded by a domestic entity and that there is no interest from the promoter, promoter group, or group companies in the entity awarding the order. The transaction does not fall under related party transactions.

Parameter Details
Entity awarding order Central Medical Services Society, Ministry of Health and Family Welfare (Government of India)
Nature of order Supply of Condoms (FS-NACO) [379]
Order value ₹7,18,36,178.31
Performance Security 3% of total order value
Delivery Period Tranche I: 50% within 90 days; Tranche II: Balance within 91–180 days

Historical Stock Returns for Anondita Medicare

1 Day5 Days1 Month6 Months1 Year5 Years
+4.81%+6.19%-6.06%+67.51%+267.14%+267.14%

How will this large government order impact Anondita Medicare's revenue growth and profit margins for the current fiscal year?

Does Anondita Medicare have the production capacity to meet the strict delivery deadlines without disrupting other existing orders?

Will this successful contract execution position the company to secure similar tenders from other government health agencies?

Anondita Medicare revises warrant valuation report

1 min read     Updated on 26 May 2026, 03:23 AM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Anondita Medicare has issued a second corrigendum to its EGM notice regarding the preferential allotment of warrants to promoter Anupam Ghosh. The revision updates the valuation report following a change in the 90 trading day price-band, though the issue price remains fixed at ₹1,038 per warrant. The company also updated the Practicing Company Secretary’s Certificate to reflect the revised valuation details.

powered bylight_fuzz_icon
40749525

*this image is generated using AI for illustrative purposes only.

Anondita Medicare has issued a second corrigendum to the notice of its 01/2026-27 Extraordinary General Meeting (EGM), scheduled for May 28, 2026. The revision addresses a change in the valuation working under Regulation 164 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, leading to an adjustment in the applicable 90 trading day price-band period. The company informed the National Stock Exchange of India (NSE) that a revised valuation report has been obtained from the Registered Valuer.

The Board has fixed the issue price at ₹1,038 per warrant, which remains above the minimum price determined by the Registered Valuer. The valuation parameters include book value and comparable trading multiples. The corrigendum updates Point No. 6 of the explanatory statement regarding the basis of price determination and Point No. 23 concerning the Practicing Company Secretary’s Certificate.

Terms of the Preferential Issue

The EGM seeks shareholder approval to allot up to 2,85,000 convertible warrants to promoter Anupam Ghosh. Each warrant is convertible into one fully paid-up equity share with a face value of ₹10. The total issue size aggregates to ₹29,58,30,000.

S.No. Name of Investor Category No. of Warrants Amount (₹)
1. Mr. Anupam Ghosh Promoter 2,85,000 29,58,30,000

Payment for the warrants is structured in two tranches. A minimum of 25% of the warrant issue price, amounting to ₹7,39,57,500, must be paid at the time of subscription and allotment. The remaining 75%, totaling ₹22,18,72,500, is payable upon the exercise of the right to convert the warrants into equity shares within 18 months from the date of allotment.

Valuation and Certification

The revised valuation was performed by Mr. Ankush Garg, a Registered Valuer (Registration No. IBBI/RV/02/2018/10010). The revised certificate confirming the minimum price is available for inspection at the Registered Office and on the company’s website. Additionally, the certificate from Mr. Mohit Singhal, Practicing Company Secretary (FCS 11143 | CP 15995), certifying compliance with SEBI ICDR Regulations, has been updated and made available to members.

Historical Stock Returns for Anondita Medicare

1 Day5 Days1 Month6 Months1 Year5 Years
+4.81%+6.19%-6.06%+67.51%+267.14%+267.14%

How will the infusion of approximately ₹29.58 crore from the preferential issue be utilized by the company to drive growth?

What market signals does the promoter's decision to subscribe to warrants at a premium indicate about the company's future prospects?

How will the conversion of warrants into equity shares after 18 months impact the company's earnings per share (EPS) and existing shareholding structure?

More News on Anondita Medicare

1 Year Returns:+267.14%