Key Agreement Details

Novateor Research Laboratories Limited has entered into a Marketer and Manufacturer agreement with Smart Laboratories Private Limited, Ahmedabad, as on August 19, 2026.

Counterparty Profile

Smart Laboratories Private Limited has:

  • More than 2,000 sales employees
  • Portfolio of over 600 products
  • Network of more than 5 lakh retail stores
  • Strong presence in sales and distribution network

Purchase Order Specifications

The Company has received a Purchase Order for:

  • Product: Advance Teeth Whitening Serum
  • Quantity: 10,000 units
  • Total Value: ₹8,40,000 (Rupees Eight Lakh Forty Thousand only), excluding GST

Execution Timeline

The order is to be executed within 1 month from the date of receipt of the Purchase Order.

Business Rationale

The extensive distribution network of Smart Laboratories is expected to facilitate marketability and wider reach of Novateor's products in the oral care segment across both domestic and international markets through a continued business partnership.

Related Party Considerations

  • The promoter/promoter group/group companies have no interest in Smart Laboratories Private Limited
  • The order/contract does not constitute related party transactions
  • The transaction is not at arm's length (not applicable as it's not a related party transaction)