Novateor Research Laboratories542771Major contract win
Exclusive 3-year supply agreement with Pidilite for Aligner Cleaning Foam and Tooth Brightening Strips
Novateor Research Laboratories has entered into a Supply Agreement dated October 15, 2026 with Pidilite Industries Limited.
By ScoutQuest · · 2 min read
- Agreement Date
- October 15, 2026
- Agreement Duration
- three years from October 15, 2026
- Products Covered
- Aligner Cleaning Foam and Tooth Brightening Strips
What the company announced
- Novateor Research Laboratories Ltd has entered into a Supply Agreement dated October 15, 2026 with Pidilite Industries Limited.
- Pidilite Industries Limited is described as a company engaged, inter alia, in the business of adhesives, sealants, pigments, consumer products and specialty industrial chemicals.
What the company will do
- The company has been engaged on an exclusive basis for the development, manufacture, packing and supply of certain products incorporating an enzyme-based formulation.
- These must be made in accordance with the specifications, quality standards and requirements prescribed by Pidilite Industries Limited.
- The products covered under the agreement are Aligner Cleaning Foam and Tooth Brightening Strips.
- The products will be marketed under the brand name determined by Pidilite Industries Limited.
- The arrangement provides for exclusive manufacturing and supply, with the products supplied exclusively to Pidilite Industries Limited in accordance with the terms of the agreement and the purchase orders issued from time to time.
Commercial terms
- Pricing and payment terms shall be mutually agreed upon in writing and specified in the relevant purchase orders from time to time.
- The agreement does not specify a fixed aggregate contract value or a minimum purchase commitment.
Duration
- The agreement is valid for a period of three years from October 15, 2026, unless terminated earlier in accordance with its terms.
- It may be renewed for such further periods as may be mutually agreed upon in writing.
Order and related party details
- The entity awarding the order or contract is Pidilite Industries Limited, a domestic entity.
- The promoter, promoter group or group companies have no interest in the entity that awarded the order.
- The order does not fall within related party transactions.
How to read this
- The company states that the arrangement is expected to provide it 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.
- Since pricing and quantities are tied to purchase orders issued from time to time rather than a fixed contract value, the actual business generated will depend on the orders placed under the agreement.
- The agreement runs for a defined period of three years, with renewal only by mutual written agreement.
Also from Novateor Research Laboratories
Related party disclosure under Reg 23(9) not applicable as company is listed on BSE SME platform
15 Oct 2026
Registered Office Shifted to Sanand GIDC Estate from October 1, 2026
29 Sep 2026
More numbers
- Validity of the Supply Agreementthree years
Source: BSE · 16 Oct 2026
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