Sai Parenterals Limited (SAIPARENT) — Announcement | 1 July 2026

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Sai Parenterals announced its subsidiary Noumed Pharmaceuticals secured an exclusive OTC medicine supply agreement with Australia's leading pharmacy network valued at AUD 202 million (INR 1300 crores), effective 1 July 2026 for 7.5 years with a possible 3-year extension.

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Sai Parenterals announced that its Australian subsidiary Noumed Pharmaceuticals renewed an exclusive OTC supply agreement with major Australian pharmacy chains for 7.5 years, valued at AUD 202 million (INR 1300 crores), expanding recurring revenue and international footprint. The deal locks in predictable income, adds 12 new products annually, and strengthens regulatory and manufacturing capabilities in a key regulated market, enhancing long-term growth potential for the parent company.

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About Sai Parenterals Limited (SAIPARENT)

Healthcare · Pharmaceuticals & Biotechnology · Listed on NSE

Market Cap: ₹2,126.13 Cr

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