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Vaishali Pharma Limited Secures a New Order worth USD 8,00,000 (Rs 664 Lakhs Approx.)

Business | December 2, 2023 3:51:34 PM IST
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PNN

Mumbai (Maharashtra) [India], December 2: Vaishali Pharma Limited, one of the leading pharmaceutical company based in Mumbai. The company is engaged in the production and marketing of a diverse range of pharmaceutical products. The company recently received a significant order from the African Continent. This development not only signifies the company's expanding influence but also underscores its growing global reputation and geographical reach.

The Company secures an order worth USD 8,00,000 (Rs 664 Lakhs Approx.) out of which USD 4,00,000 (Rs 332 Lakhs Approx.) is received in advance. The execution of the entire order is planned for FY24.

Commenting on the order, Atul Vasani Chairman & Managing Director, Vaishali Pharma Limited said we are excited for securing a substantial order from the African Continent, amounting to USD 8,00,000 (Rs 664 Lakhs Approx.) and we are on track to complete this transaction in the FY24. The fact that we have already received a significant advance payment of USD 4,00,000 (Rs 332 Lakhs Approx.)is particularly encouraging, reflecting the trust our clients place in our diverse range of healthcare products. This successful transaction sets a positive tone for the future, and we eagerly anticipate more such opportunities to contribute to healthcare needs. The growing interest in our offerings is a testament to our commitment to quality and innovation in the healthcare industry.

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