Veerhealth Care Limited has secured a repeat order worth ₹2.45 Crores from one of India's leading FMCG companies for the supply of personal care products. The announcement was made on May 18, 2026, in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Order Details

The order pertains to the supply of face care products to a domestic entity. The identity of the client has not been revealed, as the terms of the arrangement are confidential. The company is required to execute the order within a stipulated timeframe of 45 days. The buyer operates in the domestic and international markets in the 'personal and household care' segment and is part of a 125-year-old prominent business group.

The key parameters of the order are summarised below:

Future Outlook

Veerhealth Care specializes in manufacturing pure vegetarian toothpaste and has secured USFDA plant clearance, positioning it in a distinctive category among small-cap companies. For the fiscal year 2026-27, the company expects total revenues of ₹50-70 crores with a PAT of 7-10%. However, considering ongoing discussions for orders with both domestic and export buyers, revenues may exceed this guidance. The company anticipates reaching a revenue of ₹100 crores with a PAT of 10% in the next 24 months.

Veerhealth Care Ltd has successfully completed its postal ballot process for the issuance of fully convertible warrants, with shareholders providing overwhelming approval for the special resolution. The voting was conducted through remote e-voting from April 1, 2026 to April 30, 2026, in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resolution Details

The postal ballot sought shareholder approval for the issuance of up to 1,00,00,000 fully convertible warrants to persons belonging to 'Promoter & Promoter Group Category' and 'Non-Promoter Category' on a preferential basis. The special resolution was passed with requisite majority as confirmed by the scrutinizer's report dated May 1, 2026.

Voting Results Summary

The voting results demonstrated strong shareholder support across all categories:

Participation and Process Details

The record date for determining eligible shareholders was March 27, 2026, with 10,175 shareholders on record. A total of 85 shareholders participated through e-voting, casting 57,12,771 votes. The breakdown showed 79 voters assenting with 57,10,659 votes and 6 voters dissenting with 2,112 votes.

Nidhi Shah & Associates was appointed as the scrutinizer on March 28, 2026, to conduct the postal ballot. CS Nidhi Shah confirmed that all votes cast were valid and reported that the special resolution was passed with the required majority. The voting results and scrutinizer's report have been made available on the company's website at veerhealthcare.net and on NSDL's platform.