Sampre Nutritions Inks INR 15 Crore Manufacturing Deal with Rama Exports

Sampre Nutritions Limited has announced a significant business development that is set to boost its nutraceutical and food product operations. The company has entered into a three-year manufacturing agreement with Rama Exports, a move expected to generate business worth INR 15.00 crores over the contract term.

Key Details of the Agreement

• Duration: 3 years
• Estimated Value: INR 15.00 crores over the contract term
• Scope: Manufacture, supply, quality assurance, and packaging of products
• Product Range: Nutraceutical and food products

Terms of the Agreement

Under the terms of the agreement, Rama Exports will purchase products manufactured by Sampre Nutritions at mutually agreed prices. The products will be produced according to Sampre Nutritions' specifications and will bear the company's brand names.

Disclosure and Compliance

In compliance with regulatory requirements, Sampre Nutritions has made the necessary disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that:

• Neither party holds shares in the other company
• The transaction does not involve related parties
• The agreement does not fall under related party transactions

Impact on Business

This manufacturing agreement is expected to contribute significantly to Sampre Nutritions' revenues, potentially strengthening its position in the nutraceutical and food product market. The deal underscores the company's manufacturing capabilities and its ability to secure substantial contracts in the industry.

Management Statement

Brahma Gurbani, Managing Director of Sampre Nutritions Limited, signed the disclosure document, indicating the company's commitment to transparency and regulatory compliance in its business dealings.

This strategic partnership between Sampre Nutritions and Rama Exports highlights the growing demand for nutraceutical and food products, and positions Sampre Nutritions to capitalize on this trend over the next three years.