StockWatch
·
Deals29 May 2026, 01:43 am

Sai Parenterals Bags USD 11 Mn Order for Anti-TB Products

AI Summary

Sai Parenterals Limited has secured a significant purchase order valued at USD 11 million (approximately ₹104.50 Crores) from PILL CORP, Bulacan, Philippines. The contract is for the exclusive supply of anti-TB products to the Philippines market for a period of ten years, commencing June 1, 2026. This long-term agreement is expected to generate periodic purchase orders throughout its duration. The company confirmed that there is no promoter or promoter group interest in the awarding entity, and the transaction does not fall under related party transactions. This order represents a substantial international business win for Sai Parenterals.

Key Highlights

  • Sai Parenterals secured a USD 11 million (₹104.50 Cr) purchase order.
  • Contract is for exclusive supply of anti-TB products to Philippines.
  • The agreement with PILL CORP is for a 10-year period.
  • Order is international and not a related party transaction.