Veerhealth Care Receives New Export Order Worth ₹33.35 Lakh From USA Supplier
Team FS
12/Sep/2024

What's covered under the Article:
Veerhealth Care Limited announces a new export order of ₹33.35 lakh from an existing institutional supplier in the USA.
Out of US$ 521,525.12 total orders received, the company has shipped US$ 350,000 and will complete the rest by October 30, 2024.
Veerhealth Care ensures compliance with SEBI’s corporate announcement regulations, providing necessary details under Regulation 30.
Veerhealth Care Limited has once again demonstrated its strong position in the global oral care market by securing a fresh export order worth ₹33.35 lakh from an existing institutional supplier based in the United States of America. This order further cements the company's growing international presence and highlights its ability to meet the demands of top-tier global clients.
The company has been on a consistent growth trajectory, with this new order adding to a series of successful deals. To date, Veerhealth Care has received export orders totaling US$ 521,525.12, equivalent to approximately ₹433 lakh. Of this, the company has already manufactured and shipped US$ 350,000 worth of products, with the remaining balance of the order to be shipped by October 30, 2024. This accomplishment underlines Veerhealth Care’s manufacturing efficiency and supply chain capability, as they continue to fulfill high-value orders within tight deadlines.
The products under this export order include oral care products, a core area of expertise for Veerhealth Care. Their ability to maintain consistent product quality, coupled with meeting the delivery schedules, has made them a preferred supplier for institutional buyers in the USA and other international markets.
In compliance with SEBI’s Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123, dated July 13, 2023, Veerhealth Care has provided all necessary details regarding this export order. While the entity awarding the order has not been disclosed due to a Non-Disclosure Agreement (NDA), Veerhealth Care has assured that all terms and conditions of the purchase order will be executed within the agreed time frame.
The company's ability to continue securing international orders highlights its potential for further expansion in the global market. With its commitment to manufacturing high-quality oral care products and maintaining a robust supply chain, Veerhealth Care is positioned to become a key player in the industry.
In line with SEBI’s Listing Obligations and Disclosure Requirements (LODR), Veerhealth Care confirms that the current order does not fall under any related party transactions, nor does the promoter or promoter group have any interest in the entity awarding the contract. This emphasizes the transparency and compliance maintained by the company in all its international dealings.
For investors and shareholders, this development is a significant indicator of Veerhealth Care’s steady growth and operational efficiency. As the company continues to gain traction in the international market, its stock performance is expected to reflect the increasing confidence in its business strategies and execution capabilities.
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