Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Nureca Limited Capital/Financing Update 2024

Oct 24, 2024

59530_rns_2024-10-24_cc9326ec-ecc5-43c3-bd0a-31e1850cca39.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

www.nureca.com

NURE A -=-

Dated - 24.10.2024

BSE LIMITED

Corporate Relations Department Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai-400001 Scrip code: 543264

NATIONAL STOCK EXCHANGE OF INDIA LIMITED Listing Department Exchange Plaza, 5th Floor, Plot no. C/1 G Block, Sandra Kurla Complex, Bandra (E) Mumbai-400051 Scrip Code: NURECA

Subject: Press Release

Dear Sir,

Please find attached herewith Press Release titled "Nureca's Dr Trust Expands Reach with Blinkit, Unveils Al-Powered Diet Plans."

This is for your information and record please.

Thanking You,

Yours Sincerely,

For Nureca Limited CHETNA Digitally signed by CHETNA ANAND ANAND Date: 2024.10.24 18:33:53 +05'30' (Chetna Anand) Company Secretary & Compliance Officer

==> picture [560 x 86] intentionally omitted <==

NURECA

www.nureca.com

Press Release

~~Nurca~~ ' ~~s Pr Tust Expands Reach with Blinkit unveis Al-Powrd Diet Plans~~

Nureca Limited is pleased to share its performance and key developments for the second quarter of FY 2024-25. Our ongoing commitment to growth, innovation, and customer satisfaction has driven several significant milestones during this period. Our Quarter on Quarter revenue jumped by 54 % from t 20.3 er to t31.2 er vs 01 24-25

Key Hlghllghts:

1. Commenced sales on Bllnklt (Quick Commerce): We have entered into an exciting agreement to have our products available on Blinkit, a major player in the quick commerce sector. This partnership will enable us to serve our customers better by ensuring faster delivery of our products within minutes. Through this collaboration, we aim to meet the growing demand for immediate access to healthcare products, enhancing customer convenience and satisfaction.

2. Commencement of Contract Manufacturing:

  • I am delighted to announce that we have successfully initiated contract manufacturing through our subsidiary for one of India's leading pharmaceutical companies. This strategic collaboration not only enhances our manufacturing strength but also positions Nureca as a reliable partner in the consumer medical device contract manufacturing space, laying the foundation for future growth and opportunities.

Outlook:

Looking ahead, we remain focused on executing our strategic initiatives that drive growth and operational efficiency. Our recent efforts In expanding our manufacturing capabilities and enhancing our digital offerings position Nureca to capitalise on the evolving demands of the healthcare and wellness sectors, both through ecommerce and offline distribution.

Launch of Al-Generated Diet Plans on Dr Trust 360:

On October 24, 2024, we launched an innovative feature-Artificial Intelligence-generated diet plans-available via subscription on our app, Dr Trust 360. These personalised diet plans, powered by cutting-edge Al technology and user health data on Dr Trust devices, align with our mission of empowering users to take control of their health. This new offering adds tremendous value to our Dr Trust 360 platform, which already provides a comprehensive suite of tools for health monitoring for over 1 million users.

I would like to take this opportunity to express my gratitude to our shareholders for their continued confidence in Nureca. We are excited about the opportunities that lie ahead and are committed to delivering strong results in the comi uarters.

�rabhGoyal �irman and Managing Director . Nureca Limited

For further information, please contact:

Nureca Limited I Investor Relations [email protected] www.nureca.com

==> picture [516 x 79] intentionally omitted <==