Concord Drugs Limited Secures Purchase Orders Worth ₹14.71 Crores from Government Entities
Concord Drugs Limited has secured purchase orders worth ₹14.71 crores from government entities including TNMSC, DGHS, and TGMSIDC for pharmaceutical products supply. The orders are to be executed within 45-60 days and are expected to positively impact the company's business operations. All transactions are domestic and comply with regulatory requirements.

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Concord Drugs Limited has announced the receipt of significant purchase orders totaling approximately ₹14.71 crores from various government entities during December 2025. The pharmaceutical company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as the order value exceeds the materiality threshold prescribed under the company's policy.
Order Details and Awarding Entities
The purchase orders have been secured from multiple government healthcare organizations across different states. The key awarding entities include Tamil Nadu Medical Services Corporation Ltd. (TNMSC), which has placed orders under two categories - 6 purchase orders under regular procurement and 32 purchase orders under the Mudhalvar Marundhagam Scheme.
| Entity | Order Details |
|---|---|
| Tamil Nadu Medical Services Corporation Ltd. (TNMSC) | 6 POs + 32 POs under Mudhalvar Marundhagam Scheme |
| Directorate General of Health Services (DGHS) | Government Medical Stores Depots |
| Telangana State Medical Services & Infrastructure Development Corporation (TGMSIDC) | Multiple orders |
| Other Entities | Additional orders |
Contract Specifications and Timeline
The orders are exclusively for domestic supply of various pharmaceutical products to government healthcare institutions. All contracts are with domestic entities, reinforcing the company's strong position in the Indian pharmaceutical market.
| Parameter | Details |
|---|---|
| Total Order Value | Approximately ₹14.71 crores |
| Product Type | Various pharmaceutical products |
| Market | Domestic |
| Execution Timeline | 45 to 60 days |
| Related Party Transaction | No |
Regulatory Compliance and Impact
Concord Drugs Limited has confirmed that the promoter, promoter group, or group companies have no interest in the entities that awarded these orders. The transactions do not fall within related party transactions, ensuring arm's length dealings. The company expects these orders to have a positive impact on its business and operations, given the substantial value and involvement of major government healthcare procurement agencies.
The disclosure was made in accordance with SEBI regulations and the Master Circular dated November 11, 2024, demonstrating the company's commitment to transparency and regulatory compliance in its business operations.
Historical Stock Returns for Concord Drugs
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.30% | +1.63% | +1.99% | +146.65% | +134.34% | +280.40% |
































