NSEPress Release1 Jul 2026 · 1 Jul 2026, 06:21 pm
Press Release
Sai Parenterals Limited · SAIPARENT
✦ AI Summary▲ PositiveOrder Win
Sai Parenterals' Australian subsidiary, Noumed Pharmaceuticals, has renewed its exclusive OTC supply agreement with a leading Australian pharmacy chain for a 7½-year term, valued at AUD 202 million (approximately INR 1300 crores).
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Growth Catalyst9/10
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Full Announcement
Sai Parenterals Limited has informed the Exchange regarding a press release dated July 01, 2026, titled "Press Release- Disclosure under Reg. 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.".
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To, Date: 01st July, 2026
The Manager The Manager,
BSE Limited NSE Limited,
P. J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex,
Mumbai-400001 Bandra (E), Mumbai- 400051.
(BSE Scrip Code: 544742) (NSE Symbol: SAIPARENT)
Dear Sir/Madam,
Unit: Sai Parenterals Limited
Subject: Press Release- Disclosure under Reg. 30 of SEBI (Listing Obligation and
Disclosure Requirement) Regulations, 2015.
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the
Press Release titled:
Sai Parenterals' Australian Subsidiary, Noumed Pharmaceuticals, Renews its Exclusive
OTC Supply Agreement with Australia's Leading Pharmacy Networks in a Landmark 7½-
Year Deal Valued at Australian Dollars (AUD) 202 Millions (Equivalent to INR 1300
crores; 1AUD = INR 64.5).
This is for the information and records of the Exchanges, please.
Thanking you,
Yours faithfully,
For Sai Parenterals Limited
Mr. Anil Kumar Karusala
Managing Director
(DIN- 01866646)
Encl: As above
July 1, 2026 Media Release
Sai Parenterals' Australian Subsidiary, Noumed Pharmaceuticals,
Renews its Exclusive OTC Supply Agreement with Australia's Leading
Pharmacy Networks in a Landmark 7½-Year Deal Valued at Australian
Dollars (AUD) 202 Millions (Equivalent to INR 1300 crores; 1AUD = INR
64.5)
Renewal reaffirms a multi-year partnership built on consistent delivery, regulatory trust and
sustained growth
Hyderabad, India | 1st July 2026
Sai Parenterals Limited is pleased to announce that its Australian subsidiary, Noumed
Pharmaceuticals Pty Ltd, has successfully renewed its long-term exclusive OTC Medicines
Supply Agreement with one of Australia's leading, multi-billion-dollar pharmacy chains with an
expanded product portfolio, a longer agreement tenure, and a significantly higher agreement
value - reflecting a trusted customer relationship.
The renewed agreement is valued at AUD 202 Million (approximately INR 1300 crores, at 1 AUD
= INR 64.5) for the term - translating to about AUD 27 Million per annum - to be executed over an
extended term of 7½ years — with a further 3-year extension option upon mutual consent. The
agreement is also structured for continuous growth: it targets the addition of 12 new products
every year, steadily increasing the contract's value and scope every year over its life.
Effective 1st July 2026, the renewal cements Noumed's position as a preferred, trusted strategic
supply partner to Australia's largest pharmacy networks, and materially strengthens Sai
Parenterals' international business footprint.
Key Highlights
● Exclusive supplier of a comprehensive and growing portfolio of OTC pharmaceutical
products across Australia
● Continued supply to leading pharmacy retail brands, reflecting sustained customer trust
& confidence
● Noumed continues to manage manufacturing, product sourcing, regulatory compliance,
TGA registrations, warehousing, quality assurance and nationwide distribution — the full
value chain entrusted to a single, reliable partner
● Built-in new product development pipeline, ensuring the OTC portfolio — and the
agreement's value — keeps expanding over the contract period
● A long-tenure agreement with a built-in extension option, offering exceptional revenue
certainty and long-term business stability rarely seen in this segment.
Strategic Benefits
The renewed agreement delivers substantial, multi-layered value:
● Locks in predictable, recurring revenues across the 7½ years (extendable to over a
decade) horizon
● Further cements Noumed's presence in the Australian OTC market
● Expands Sai Parenterals' international pharmaceutical business
● Enhances manufacturing scale and operating leverage
● Supports the continuous launch of new OTC products under leading Australian
pharmacy brands
● Deepens an already strong relationship with Australia's largest pharmacy retail
groups — a relationship now entering its next chapter after years of proven, consistent
execution
● Stands out as a trust & confidence in Noumed's regulatory, quality and supply chain
capabilities from one of the most discerning and tightly regulated markets in the world
As a subsidiary of Sai Parenterals Limited, Noumed's renewed agreement creates substantial,
compounding value for the parent company through:
● Improved utilization of regulatory and manufacturing infrastructure
● Increased global presence in regulated pharmaceutical markets
● Enhanced credibility as a preferred, trusted international pharmaceutical partner
● Stronger, longer-duration earnings visibility from recurring OTC business
● A platform for future expansion into additional regulated international markets
Mr. Anil Kumar Karusala, Managing Director, Sai Parenterals Limited, said:
"The renewal of this exclusive agreement reflects the confidence that Australia's leading
pharmacy groups continue to place in our subsidiary, Noumed Pharmaceuticals. It also gives us
a leap pad to our future expansion into the other highly regulated markets. We are confident this
agreement will continue to generate sustainable, predictable revenues, support future product
launches, and create long-term value for Sai Parenterals and its stakeholders. Our company and
team will continue to strive to build upon this significant milestone."
Mr. Mark Thulborne, CEO, Noumed Pharmaceuticals Pty Ltd, said:
“The long tenure of this agreement signifies our capability to build lasting customer relationships,
create certainty of forecasted revenues, and — above all — our customers' trust in our ability to
deliver quality products on time. This partnership has grown meaningfully over the past few years,
and this renewal, for a much longer period, further strengthens our presence in one of the world's
most regulated pharmaceutical markets as a reliable partner for a complete value chain.”
About Sai Parenterals
Established in 2001, Sai Parenteral’s Limited is a global IP-led pharmaceutical formulations
company with operations in India and Australia. The Company operates manufacturing facilities
in India for injectables and oral dosage forms and has an upcoming facility in Australia for oral
dosage forms. Supported by strong in-house R&D capabilities, the Company has a proven track
record of delivering quality products across a diversified portfolio of therapeutic segments, serving
as a trusted partner to customers in India, regulated and semi-regulated markets.
DISCLAIMER
Certain statements that are made in the Press Release may be forward-looking statements. Such
forward-looking statements are subject to certain risks and uncertainties like significant changes
in the economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results
might differ substantially from those expressed or implied. Sai Parenteral's Limited will not be in
any way responsible for any action taken based on such statements and discussions; undertakes
no obligation to publicly update these forward-looking statements to reflect subsequent events or
circumstances.
For any further information, please contact:
Mr. Anil Kumar
Chief Financial Officer
Email: ir@saiparenterals.com
For updates and specific queries, please visit https://www.saiparenterals.com/