BSECompany Update4d ago · 16 Oct 2026, 11:49 am

The company has entered into Supply agreement with Pidilite Industries Limited as on October 16, 2026 on an exclusive basis for the development, manufacture, packing and supply of Aligner Cleaning Form and Tooth Brightening Strips to be supplied exclusively to Pidilite Industries Limited

Novateor Research Laboratories Ltd · 542771

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Novateor Research Laboratories Ltd has entered into a three-year supply agreement with Pidilite Industries Ltd for the exclusive development, manufacture, packing, and supply of Aligner Cleaning Foam and Tooth Brightening Strips.

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Earnings Impact4/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10

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Novateor Research Laboratories Ltd - 542771 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

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Date: October 16, 2026 Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 (Scrip Code: 542771) Dear Sir/Madam, Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Execution of Supply Agreement with Pidilite Industries Limited Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto, we wish to inform you that Novateor Research Laboratories Limited (“the Company”) has entered into a Supply Agreement dated October 15, 2026, with Pidilite Industries Limited, a company engaged, inter alia, in the business of adhesives, sealants, pigments, consumer products and specialty industrial chemicals. Under the terms of the Agreement, the Company has been engaged on an exclusive basis for the development, manufacture, packing and supply of certain products incorporating an enzyme- based formulation, in accordance with the specifications, quality standards and requirements prescribed by Pidilite Industries Limited. The products covered under the Agreement include Aligner Cleaning Foam and Tooth Brightening Strips, which will be marketed under the brand name determined by Pidilite Industries Limited. The Agreement provides for an exclusive manufacturing and supply arrangement, with the products to be supplied exclusively to Pidilite Industries Limited in accordance with the terms of the Agreement and the purchase orders issued from time to time. The Agreement is valid for a period of three years from October 15, 2026, unless terminated earlier in accordance with its terms, and may be renewed for such further periods as may be mutually agreed upon in writing. The pricing and payment terms shall be mutually agreed upon in writing and specified in the relevant purchase orders from time to time. The arrangement is expected to provide the Company with an opportunity to strengthen its presence in the oral care and personal care products segment and to develop its manufacturing and supply business through its association with Pidilite Industries Limited. The requisite disclosures pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are enclosed herewith as Annexure – I. You are requested to kindly take the above information on record and acknowledge receipt of the same. Thanking you, Yours faithfully, For Novateor Research Laboratories Limited Navdeep Mehta Managing Director DIN: 03441623 Annexure –I Sr. Particulars Details 1. Name of the entity awarding the Pidilite Industries Limited order(s)/ contract(s) 2. Whether order(s) / contract(s) have Domestic entity been awarded by domestic/ international entity 3. Significant terms and conditions of The Company has entered into a Supply order(s)/ contract(s) awarded, in brief Agreement dated October 15, 2026, with Pidilite Industries Limited for the exclusive development, manufacture, packing and supply of products incorporating an enzyme-based formulation, namely Aligner Cleaning Foam and Tooth Brightening Strips, in accordance with the specifications and quality standards prescribed by Pidilite Industries Limited. The products will be marketed under the brand name determined by Pidilite Industries Limited. Pricing and payment terms shall be mutually agreed upon in writing and specified in the relevant purchase orders issued from time to time. 4. Time period if any, associated with the The Agreement is valid for three years order(s)/ contract(s) from October 15, 2026, unless terminated earlier in accordance with its terms. The Agreement may be renewed for further periods by mutual written agreement. 5. Broad commercial consideration or size The Agreement does not specify a fixed of the order(s)/ contract(s) aggregate contract value or minimum purchase commitment. The pricing and payment terms shall be mutually agreed upon in writing and specified in the relevant purchase orders issued from time to time. 6. Whether the promoter/ promoter group No / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; 7. Whether the order(s)/contract(s) would No fall within related party transactions? If yes, whether the same is done at “arm’s length”