Zenith Drugs wins Rs 3.93 crore Karnataka tender

Zenith Drugs Limited has secured a significant order worth Rs 3.93 Crore from Karnataka State Medical Supplies Corporation Limited to supply pharmaceutical products. The contract, awarded in the normal course of business, involves the supply of Oral Rehydration Salts IP 20.5 gm (1x1 sachet). This development reinforces the company's presence in the institutional pharmaceutical supply segment and underscores the confidence of government healthcare agencies in its product quality and execution capabilities.

The order details were disclosed to the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that this transaction does not fall under related party transactions. Execution of this order is anticipated to enhance the company's revenue visibility and deepen its engagement with public healthcare institutions.

Order Details

Parameter	Details
Name of Authority	Karnataka State Medical Supplies Corporation Limited
Nature of Contract	Supply of pharmaceutical product
Product	Oral Rehydration Salts IP 20.5 gm (1x1 sachet)
Quantity	16388432
Order Value	approx. Rs. 3.93 Crore

The communication was addressed to the Listing Compliance Department of the exchange and signed by Sakshi Bhawsar, Company Secretary & Compliance Officer of Zenith Drugs Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.15%	+16.54%	+5.09%	-15.83%	-40.97%	-56.78%

zenith drugs has been awarded a significant tender by the Madhya Pradesh Public Health Services Corporation Limited. The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This order is viewed as a meaningful addition to the company's order book and reinforces its growing presence in the domestic pharmaceutical supply segment.

Contract Details

The contract pertains to the supply of a specific pharmaceutical product. The company has confirmed that this order has been awarded in the normal course of business and does not fall under related party transactions. Zenith Drugs remains committed to the timely execution of the order while maintaining high standards of quality and compliance.

Order Specifications

The specific details regarding the product and the financial value of the tender are outlined below:

Specification	Details
Name of Entity	Madhya Pradesh Public Health Services Corporation Limited
Nature of Contract	Supply of Pharmaceutical Product
Product	Mupirocin Ointment (2% w/w, 5 gm tube)
Approximate Quantity	5,14,447 tubes
Total Order Value	Rs. 45,63,145/-

Strategic Impact

Management believes that this development will further strengthen the company's operational performance. The successful bid is expected to contribute positively to stakeholder value over the coming periods. The intimation was submitted to the National Stock Exchange of India Limited on May 05, 2026.