StockWatch
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Diversified Commercial Services
Deals8 Aug 2026, 04:40 pm

Zenlabs Ethica Appoints V Nexxtra Lifesciences as Sole Distributor

AI Summary

Zenlabs Ethica Ltd has entered into a business agreement with V Nexxtra Lifesciences Private Limited, appointing them as the sole and exclusive distributor for its entire product portfolio across India. This domestic distribution agreement mandates V Nexxtra Lifesciences to handle marketing, promotion, sales, and distribution. The agreement includes specific terms for sales turnover targets and a commission structure, starting at 5% of Net Sales Value, with a potential increase to 5.5% for FY27-28 onwards if targets are met. V Nexxtra Lifesciences will bear all sales team expenses and ensure compliance with relevant laws.

Key Highlights

  • Zenlabs Ethica partners with V Nexxtra Lifesciences for exclusive Indian distribution.
  • Agreement covers marketing, sales, and distribution of Zenlabs' product portfolio.
  • V Nexxtra Lifesciences guarantees minimum annual sales turnover.
  • Commission structure starts at 5% of Net Sales Value, with potential for increase.
  • V Nexxtra Lifesciences to manage sales team and ensure legal compliance.