Shelter Pharma Secures Work Order from Verka Dairies for Supply of Veterinary Medicines Under One-Year Rate Contract

2 min read     Updated on 15 May 2026, 05:56 PM
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AI Summary

Shelter Pharma Limited has secured a work order from Verka Dairies, the flagship dairy brand of MILKFED Punjab, for the supply of veterinary medicines under a one-year rate contract, extendable by up to three months on mutual consent. The order value is variable and will be determined by the actual quantity and purchase orders placed during the contract period. Prices are on an F.O.D. delivered basis inclusive of all applicable charges, with payment due within 15 days of receipt and inspection of material. The transaction is not a related party transaction, and no promoter or group company interest exists in the awarding entity.

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Shelter Pharma Limited has received a work order from Verka Dairies for the supply of veterinary medicines under a rate contract for a period of one year. The development follows the company's earlier successful qualification in both the technical and negotiation/financial rounds of the tender process, as intimated on 6th April, 2026. The order was formally communicated to BSE Limited on 15th May, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

About the Client

Verka Dairies is a flagship dairy brand of MILKFED Punjab and is recognised as one of the leading and most trusted dairy brands in North India. The organisation enjoys a strong market presence and consumer trust across multiple states. The receipt of this work order from such a reputed entity reflects the confidence placed by the client in Shelter Pharma's capabilities and quality standards.

Key Order Details

The following table outlines the significant terms and conditions associated with the work order, as disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015:

Parameter: Details
Awarding Entity: Verka Dairy
Entity Type: Domestic entity
Nature of Order: Rate Contract for supply of Veterinary Medicines
Contract Duration: One year from the date of rate contract, extendable for a further period of up to three months on mutual consent
Order Value: Dependent on actual quantity/orders placed during the contract period
Pricing Basis: F.O.D. delivered basis, inclusive of taxes, freight, insurance, packing & forwarding charges
Payment Terms: Within 15 days from receipt and inspection of material
Delivery Timeline: Within 30 days from the date of purchase order
Related Party Transaction: No
Promoter/Group Interest in Client: No

Compliance and Corporate Disclosures

The company has confirmed that neither the promoter nor the promoter group or group companies have any interest in Verka Dairies, the entity that awarded the order. Additionally, the transaction does not fall within the scope of related party transactions under applicable regulations. The disclosure was signed by Mustaqim Nisarahmed Sabugar, Managing Director of Shelter Pharma Limited, from Ahmedabad on 15th May, 2026.

Significance of the Order

The successful award of this tender underscores Shelter Pharma's commitment to maintaining high-quality products, timely execution, and reliable services. The order is expected to contribute positively to the company's revenues, profitability, and overall business growth. Management has indicated that such achievements are anticipated to further strengthen the company's market presence and order book, while creating long-term value for stakeholders.

Historical Stock Returns for Shelter Pharma

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+5.96%+0.32%-24.38%-21.94%-24.21%

Could this Verka Dairies contract serve as a reference win to help Shelter Pharma secure similar rate contracts with other state-owned dairy cooperatives or agri-based PSUs across India?

Given that the order value depends on actual quantities ordered, what revenue visibility or minimum offtake guarantees, if any, does Shelter Pharma have to underpin its earnings forecast for FY27?

How might Shelter Pharma leverage this government-linked contract to strengthen its positioning ahead of upcoming veterinary medicine tenders from other MILKFED or National Dairy Development Board affiliated entities?

Shelter Pharma Secures Repeat International Purchase Orders Worth USD 84,450 from Taha Drugs & Chemicals

1 min read     Updated on 05 May 2026, 12:45 PM
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AI Summary

Shelter Pharma Limited received repeat international purchase orders worth USD 84,450 from Taha Drugs & Chemicals Co. Ltd on 5th May, 2026, covering D3 Cure Capsules 3x10 (71,250 boxes at USD 48,450) and Joemega Capsules 3x10 (45,000 boxes at USD 36,000). The orders were disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, with payment terms of 50% advance and 50% against shipping bill. The transaction is conducted at arm's length and does not involve any promoter or related party interest.

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Shelter Pharma Limited has secured repeat international purchase orders worth USD 84,450 from existing overseas customer Taha Drugs & Chemicals Co. Ltd, the company disclosed on 5th May, 2026, pursuant to Regulation 30 read with Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that these repeat orders reflect continued trust and satisfaction of the customer in its products and services, and signify strengthening business relations in the international market.

Order Details

The purchase orders cover two nutraceutical products to be supplied to the international entity. The following table summarises the key details of the orders as disclosed in the regulatory filing:

Parameter: Details
Customer Name: Taha Drugs & Chemicals Co. Ltd.
Entity Type: International Entity
Total Order Value: USD 84,450
Order Date: 5th May, 2026
Payment Terms: 50% advance at the time of order; balance 50% against shipping bill
Execution Timeline: Within mutually agreed timelines as per purchase order and shipment schedule
Related Party Transaction: No — conducted at arm's length basis
Promoter/Group Interest: No interest in the ordering entity

Product-Wise Breakdown

The orders comprise two distinct nutraceutical product lines, as detailed below:

Product: Quantity Order Value
D3 Cure Capsules 3x10: 71,250 boxes USD 48,450
Joemega Capsules 3x10: 45,000 boxes USD 36,000
Total: USD 84,450

About Shelter Pharma Limited

Shelter Pharma Limited is a pharmaceutical and nutraceutical company focused on research, innovation, and quality. The company operates state-of-the-art manufacturing facilities and is engaged in the development and supply of nutraceutical products aimed at promoting health and well-being. The company's Managing Director, Mustaqim Nisarahmed Sabugar (DIN: 01456841), signed the regulatory disclosure from Ahmedabad on 5th May, 2026.

Historical Stock Returns for Shelter Pharma

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+5.96%+0.32%-24.38%-21.94%-24.21%

Could the repeat orders from Taha Drugs & Chemicals signal Shelter Pharma's potential to expand its nutraceutical product portfolio into additional international markets beyond its current customer base?

How might Shelter Pharma's growing international order pipeline impact its revenue mix between domestic and export segments over the next few fiscal quarters?

Given the strong demand for D3 Cure and Joemega Capsules, is Shelter Pharma likely to scale up its manufacturing capacity to accommodate larger or more frequent international orders?

More News on Shelter Pharma

1 Year Returns:-21.94%