Shelter Pharma Limited has received an invitation from Verka Dairies for a negotiation meeting regarding a veterinary medicines tender, marking a significant milestone in the company's veterinary healthcare business segment. The company disclosed this development to BSE Limited under Regulation 30 of SEBI (LODR) Regulations, 2015.

Technical Qualification Achievement

The pharmaceutical and veterinary healthcare products manufacturer has successfully qualified the technical evaluation stage of the tender process. This qualification demonstrates the company's technical capabilities and compliance with the stringent requirements set by Verka Dairies (Punjab State Cooperative Milk Producers' Federation Limited), a reputed state cooperative organization.

Tender Details and Specifications

The tender involves the supply of veterinary medicines to Verka Dairies, representing a domestic contract opportunity for Shelter Pharma Limited. The following table outlines the key parameters of this tender:

Corporate Governance Compliance

The company has confirmed that this transaction maintains full compliance with corporate governance standards. Neither promoter nor promoter group has any interest in this transaction, and it does not fall under related party transactions category.

Strategic Implications

This development reflects Shelter Pharma Limited's growing presence and credibility in the veterinary healthcare segment. The successful qualification for negotiation with a prominent state cooperative organization like Verka Dairies indicates the company's competitive positioning in the veterinary medicines market.

Future Disclosures

Shelter Pharma Limited has committed to inform the exchange about the outcome of the negotiation meeting and any further material developments, including the potential award of the contract, in due course as per regulatory requirements.

Shelter pharma Limited has announced receipt of encouraging and positive customer feedback from across the domestic market for its product range. The company disclosed this information to BSE under Regulation 30 of SEBI LODR Regulations 2015 on April 2nd, 2026.

Customer Satisfaction Metrics

The feedback from customers indicates strong satisfaction across multiple parameters of the company's products:

Company Profile and Operations

Shelter Pharma Limited operates as a GMP and ISO-certified manufacturer specializing in Ayurvedic and herbal healthcare products. The company serves both human and veterinary segments from its manufacturing facility located in Himatnagar, Gujarat.

Regulatory Disclosure Details

The company has made this disclosure on a voluntary basis under SEBI regulations. According to the annexure provided, the company does not expect any immediate material impact on its financials from this development.

Key Disclosure Parameters

• Product Range: Includes "FitKick Pro" and other products
• Event Nature: Receipt of positive customer feedback
• Timeline: Ongoing recent period
• Market Impact: Company believes positive feedback may favorably impact brand value and future growth prospects
• Material Impact: No immediate material impact expected on financials

The disclosure was signed by Managing Director Mustaqim Nisarahmed Sabugar and submitted from Ahmedabad on April 2nd, 2026.