Shelter Pharma Secures $103,950 International Order for Nutraceuticals
Shelter Pharma Ltd has announced the receipt of significant international purchase orders for nutraceutical products. The company secured an order from Taha Drugs & Chemicals Co. Ltd. for the supply of 189,000 boxes of All Vitamins Tablet, valued at USD 103,950. This development is considered a significant milestone, reflecting increasing international market acceptance and is expected to strengthen the company's global presence, contributing positively to revenue and overall business expansion. The payment terms include a 50% advance at the time of order and the balance 50% against the shipping bill. The order is to be executed within mutually agreed timelines. The company confirmed that there is no promoter interest in the entity and the transaction is at arm’s length.
Key Highlights
- Shelter Pharma received an international order worth USD 103,950.
- The order is for 189,000 boxes of All Vitamins Tablet nutraceuticals.
- This deal signifies the company's growing acceptance in global markets.
- Payment terms include a 50% advance, ensuring favorable cash flow.
- The order is expected to boost revenue and support business expansion.