I Am Bhojpuriya

Author: Sutun Nayak

  • VPRPL Strengthens Financial Position with Rs 285 Cr Promoter Infusion and Significant Debt Reduction

    VPRPL Strengthens Financial Position with Rs 285 Cr Promoter Infusion and Significant Debt Reduction

    Jodhpur, (Rajasthan) [India], March 11: Vishnu Prakash R Punglia Limited(NSE: VPRPL, BSE: 543974 | INE0AE001013)

    Background and Financial Update

    Over the past nine months, the Company has navigated certain operational and financial challenges

    primarily arising from payment cycle realignments, broader liquidity tightening across the

    infrastructure sector. These factors were external and cyclical in nature and do not indicate any

    structural weakness in the Company’s core operations or execution capabilities.

    Promoter Support and Capital Infusion

    • Promoters infused (Interest Free) approximately ₹285 Crores into the Company, including stake sale proceeds.

    • The funds deployed to support liquidity stabilization and project execution.

    Deleveraging and Reduction in Fund Based Exposure

    • Approximately ₹328 Crores of debt has been repaid.

    • Nearly 50% reduction in overall bank borrowings.

    • TReDS outstanding reduced from ₹345 Crores to ₹17 Crores.

    • Significant strengthening of balance sheet and working capital discipline.

    Banking Facilities Position

    Working Capital (OD) – Fund Based

    • Sanctioned: ₹200.00 Cr

    • Outstanding: ₹198.00 Cr

    • Lender: Consortium led by BOB

    • Purpose: EPC Working Capital

    Term Loan – Fund Based

    • Sanctioned: ₹191.71 Cr

    • Outstanding: ₹108.06 Cr

    • Lender: Various Banks

    • Purpose: Equipment & Project Finance

    TReDS (PBD) – Fund Based

    • Sanctioned: ₹345.00 Cr

    • Outstanding: ₹17.00 Cr

    • Lender: Banks

    • Purpose: Bill Discounting

    Total Fund Based

    • Sanctioned: ₹736.71 Cr

    • Outstanding: ₹323.06 Cr

    BG / LC Limits – Non-Fund Based

    • Sanctioned: ₹515.00 Cr

    • Outstanding: ₹515.00 Cr

    • Lender: Consortium

    • Purpose: PBG & FBG

    Total FB + NFB Exposure

    • Outstanding: ₹838.06 Cr

    Sanctioned limits as on March 2025

    Unsecured Loans from Promoters

    Unsecured Loan (Interest Free)

    • Outstanding: ₹285.00 Cr

    • Source: Promoters & Promoter Group

    • Purpose: Liquidity and Project Funding Support.

    Operational Update

    • ₹232 Crores inflows received during the last quarter.

    • Payment cycles are gradually normalizing.

    • Strong order book of approximately ₹4,500+ Crores providing revenue visibility.

    Management Comment

    The Management confirms that through promoter capital infusion, substantial reduction in fund-based limits, interest-free unsecured loans, and disciplined financial management, the Company has materially strengthened its balance sheet. The liquidity position is stabilizing, and the Company remains committed to transparency, financial prudence, and long-term shareholder value creation.

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  • Nukleus Accelerates NCR Growth with Landmark Expansion at SkymarkOne, Noida

    Nukleus Accelerates NCR Growth with Landmark Expansion at SkymarkOne, Noida

    Noida (Uttar Pradesh) [India], March 11: Nukleus has announced the launch of its newest premium managed office centre at SkymarkOne, Sector 98, Noida, further strengthening its presence across NCR’s rapidly evolving commercial landscape.Spanning approximately 32,000 sq. ft. (super area) across the entire 7th floor — including an exclusive terrace — the upcoming centre reflects Nukleus’ strategic focus on expanding within high-growth micro-markets that demonstrate strong connectivity, infrastructure momentum, and rising enterprise demand. Strategically positioned along the Noida–Greater Noida Expressway, one of the region’s most prominent corporate corridors, the centre benefits from seamless connectivity to Delhi, Greater Noida, and surrounding residential and business hubs.

    The new centre is designed to deliver a refined, future-ready workspace ecosystem tailored to startups, SMEs, and established enterprises. It will feature premium private suites, enterprise-grade meeting rooms, collaborative breakout zones, and thoughtfully designed common areas that balance aesthetics with operational efficiency. The inclusion of an exclusive terrace further enhances the experience, enabling curated corporate events, community engagement initiatives, and informal collaboration spaces aligned with the evolving expectations of modern workplaces.

    Located within the landmark SkymarkOne commercial complex, the centre benefits from a premium corporate ecosystem designed for modern enterprises. The development spans a large mixed-use commercial campus, positioning it among the most prominent corporate destinations along the Expressway. Known for its contemporary architecture and Grade-A infrastructure, the building features a striking glass façade that maximizes natural light, centralized air-conditioning, high-speed elevators, multi-level parking facilities, and reliable power backup — elements that collectively create a high-performance work environment for businesses.

    The complex also integrates retail and lifestyle amenities including cafés, restaurants, and convenience outlets, creating a vibrant work-play ecosystem that enhances the overall employee experience and makes it an attractive destination for corporate occupiers.

    Over the past few years, Nukleus has steadily built a reputation as a trusted managed office partner by combining design-led infrastructure, operational discipline, and flexible engagement models. Its expansion strategy remains focused on locations that align with long-term commercial growth and evolving workplace expectations.

    Commenting on the expansion, the Founder & CEO of Nukleus said:

    “Our expansion at SkymarkOne reflects the strong commercial momentum we see in Noida. At Nukleus, we are focused on creating workspaces that go beyond infrastructure — environments that enable agility, collaboration, and sustained business growth. This centre strengthens our commitment to building premium, scalable work environments that evolve alongside the needs of modern enterprises.”

    As businesses increasingly prioritize adaptability, cost optimization, and premium infrastructure, Nukleus continues to position itself at the forefront of the flexible workspace sector. The SkymarkOne addition further strengthens its presence in Noida while advancing its broader vision of building a resilient and future-ready managed office ecosystem across NCR’s most dynamic commercial districts, supporting the next phase of business growth in the region.

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  • Kaushalya Logistics Adds New Marquee Client JSW Cement, with Addition of Four New Depots in Haryana

    Kaushalya Logistics Adds New Marquee Client JSW Cement, with Addition of Four New Depots in Haryana

    Mumbai (Maharashtra) [India], March 11: Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement industry, has added JSW Cement Limited as a new client to its portfolio, with the commencement of four new Carrying and Forwarding (CFA) depots for the respective new client. The four newly operational depots are located at Manesar (Gurugram) and Daulatabad (Gurugram), along with depots in Sonipat (Haryana) and Bhiwani (Haryana).

    These additions mark the 18th, 19th, 20th and 21st new depotsestablished by the Company during FY26. The four depots together are expected to handle a combined monthly volume of approximately 2,000 MT, further strengthening the Company’s operational capacity and service reach in the region. With the commencement of these facilities, company’s total depot network has expanded to 122 depots across India.

    The expansion reflects the Company’s continued efforts to deepen partnerships with leading cement manufacturers while strengthening its presence in key demand centers. A broader depot network enables faster turnaround times, improved distribution efficiency, and stronger connectivity across regional markets. Supported by its operational credibility, the addition of JSW Cement Limited as a new client further strengthens the Company’s client portfolio and is expected to support volume growth while enhancing long-term business visibility. Through this expansion in high-growth regions, the Company aims to support the evolving distribution requirements of its partners.

    Commenting on this Mr. Uddhav Poddar, Managing Director, Kaushalya Logistics Limited said, “The addition of JSW Cement Limited as a marquee client marks an important milestone for us. With the commencement of operations at four new CFA depots in Haryana for the new client, we are further strengthening our distribution network and our ability to support the growing distribution requirements in the region.

    Haryana continues to be a strategically important market for cement distribution, and these depots enhance our operational reach and service capabilities. As we continue to expand our depot network and deepen our partnerships with leading cement manufacturers, our focus remains on strengthening our operational capabilities and delivering efficient and reliable services that support long-term and sustainable growth.”

    Disclaimer: This article is for informational purposes only and does not constitute financial advice.

  • CorporateConnections India to Host the Big Hairy Audacious Forum (BHAF)

    CorporateConnections India to Host the Big Hairy Audacious Forum (BHAF)

    A National Gathering of India’s Leading Entrepreneurs and Business Leaders

    Surat (Gujarat) [India], March 11:  CorporateConnections India will host its flagship national event, the Big Hairy Audacious Forum (BHAF), in Surat on 13th and 14th March 2026 at Surat Marriott Hotel, bringing together accomplished entrepreneurs, founders, and business leaders from across the country for two days of high-level conversations, strategic networking, and leadership exchange.

    The Big Hairy Audacious Forum serves as the national gathering of the CorporateConnections community, where members from across India come together under one roof to engage in meaningful dialogue on business growth, leadership, and the future of enterprise. Designed as a focused business conclave, the forum encourages leaders to step away from the day-to-day demands of running organisations and reflect on larger ideas that shape industries, economies, and the next generation of entrepreneurship

    CorporateConnections India to Host the Big Hairy Audacious Forum (BHAF)-PNN

    CorporateConnections is widely recognised as an elite, invitation-only business networking platform for serious entrepreneurs and decision-makers. The organisation brings together accomplished business owners who value trusted relationships, strategic collaboration, and the exchange of insights with peers who operate at similar levels of responsibility and scale.

    Over the years, CorporateConnections India has grown into the largest region within the global network, with a thriving community of nearly 1,000 influential business leaders across 24 cities. The platform takes pride in its carefully curated membership model, ensuring that every member contributes meaningfully to the quality of conversations, relationships, and opportunities within the community.

    Members represent a diverse spectrum of industries, from established multi-million-dollar enterprises to rapidly scaling ventures, united by a shared commitment to excellence, integrity, and long-term value creation.

    The Big Hairy Audacious Forum (BHAF) is where this powerful network converges. Over the course of two days, members will participate in curated sessions, leadership conversations, and networking experiences designed to foster collaboration and unlock new avenues for growth and business opportunities. With some of India’s most accomplished entrepreneurs gathering in one place, BHAF offers a rare environment where leaders can exchange perspectives, build strategic alliances, and explore bold ideas that will shape the future of business.

    CorporateConnections Surat, one of the most vibrant regions in the country, is home to a thriving community of more than 120 highly successful entrepreneurs and business leaders. The region has become a powerful platform where members actively support one another in growing their businesses, sharing knowledge, and learning from each other’s experiences.

    The forum will also feature an impressive line-up of distinguished chief guests and renowned business leaders as speakers, including:

    Chief Guests

    Shri Harsh Sanghavi, Hon’ble Minister of State (Home), Government of Gujarat

    Shri C.R. Patil, Hon’ble Union Minister of Jal Shakti, Government of India

    Key Speakers

    Mr. Hitesh Doshi, Chairman & Managing Director, Waaree Group

    Mr. Amit Jain, Co-Founder & CEO, CarDekho Group

    Mr. Ravikant, Former Managing Director, Tata Motors

    Mr. Ramesh Agarwal, Founder & Chairman, Agarwal Movers & Packers

    Mr. Dipak Sanghavi, Managing Director, Nilons Enterprises

    Mr. Rishikesh SR, Co-Founder, Rapido

    Mr. Vikas Nahar, Founder, Happilo

    Ms. Vaishali Wagle, Founder & CEO, Zenesse

    Mr. Arjun Kapoor, Actor

    Speaking about the forum, Gaurav VK Singhvi, National Director-CorporateConnections India | Sri Lanka Nepal, said:

    “The Big Hairy Audacious Forum represents the spirit of ambitious entrepreneurship that defines the CorporateConnections community. It is a space where accomplished business leaders come together not

    just to network, but to engage in meaningful conversations about growth, leadership, and the future of enterprise. As our community continues to expand across India, forums like BHAF strengthen the relationships, trust, and collaboration that help entrepreneurs scale their businesses and create lasting impact.”

    Yash Vasant, National Director-CorporateConnections India | Sri Lanka | Nepal, added:

    “CorporateConnections has always been about building trusted relationships among serious entrepreneurs. The Big Hairy Audacious Forum brings together some of the most accomplished business leaders in the country, creating an environment where ideas are exchanged, collaborations are formed, and leaders learn from one another’s journeys. Communities like CorporateConnections Surat, with over 120 successful entrepreneurs supporting each other’s growth, perfectly reflect the power and purpose of this platform.”

    As CorporateConnections india continues to expand its national footprint, the Big Hairy Audacious Forum stands as a celebration of ambition, collaboration, and the collective power of India’s entrepreneurial leadership.

  • Shankaracharya Swami Sadanand Saraswati Visits Dr. Abhishek Verma, Blesses Family and ShivSena Leadership

    Shankaracharya Swami Sadanand Saraswati Visits Dr. Abhishek Verma, Blesses Family and ShivSena Leadership

    His Holiness Jagadguru Shankaracharya Swami Sadanand Saraswati Maharaj Visits Residence of Dr. Abhishek Verma, Blesses Verma Family and ShivSena Leadership

    New Delhi [India], March 10: In a spiritually significant interaction that brought together religious guidance and public life, His Holiness Jagadguru Shankaracharya Swami Sadanand Saraswati Maharaj of Dwarka Sharada Peeth visited the New Delhi residence of Dr. Abhishek Verma, Chief National Coordinator for the ShivSena (NDA) Alliance and Elections. The visit reflected the continuing dialogue between spiritual leadership and social-political stakeholders on the importance of preserving India’s civilizational values.

    The meeting took place at Dr. Verma’s residence in the national capital and was marked by an atmosphere of reverence, reflection, and spiritual warmth. Dr. Verma welcomed His Holiness with deep respect and gratitude, describing the visit as a blessing for his family as well as for those engaged in public service.

    Members of the Verma family, including Smt. Anca Verma and Yuvraj Aditeshwar Verma, were present on the occasion and received the blessings of the Jagadguru. The interaction also included an exchange of views on the role of spiritual values in shaping responsible leadership and nurturing socially conscious families.

    During the discussion, His Holiness emphasized the timeless relevance of Sanatan Dharma and its guiding principles in contemporary life. He spoke at length about the importance of integrating spirituality into daily family life and highlighted the responsibility of parents in shaping the moral and cultural foundations of the next generation.

    According to His Holiness, children who are introduced to Sanatan values and cultural traditions at an early age grow with a strong sense of discipline, humility, moral clarity, and respect for their civilizational roots. He noted that these values play a crucial role in forming balanced individuals who can contribute meaningfully to society and nation-building.

    The conversation also touched upon the need to preserve India’s cultural and spiritual heritage while navigating the challenges of modern public life. His Holiness underlined that spiritual wisdom and ethical conduct remain essential pillars for individuals engaged in leadership, governance, and social service.

    Before departing, His Holiness graciously extended his blessings to the ShivSena leadership as well. Using Dr. Verma’s phone, he blessed Dr. Shrikant Shinde, Member of Parliament and leader of ShivSena in Parliament. He also conveyed his best wishes and blessings for ShivSena chief and Maharashtra Deputy Chief Minister Shri Eknath Shinde, expressing hope that leaders in public life continue to work with dedication and commitment toward the welfare of society.

    The visit concluded with prayers for the well-being of the nation and reaffirmed the enduring role of spiritual institutions in guiding individuals and communities toward ethical, culturally rooted, and responsible public life.

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  • Supreme Power Equipment Limited Continues Winning Momentum with Strong Order Inflows of Rs 56.86 Cr

    Supreme Power Equipment Limited Continues Winning Momentum with Strong Order Inflows of Rs 56.86 Cr

    Chennai (Tamil Nadu) [India], March 11: Supreme Power Equipment Limited(SPEL), (NSE Code: SUPREMEPWR), one of India’s leading manufacturers of power and distribution transformers, on a strong footing with robust order inflows aggregating ₹38.63 Cr during February 2026, continuing its strong order momentum, Danya Electric Company, a Partnership firm secured a new order worth ₹18.23 Cr asstart of March 2026.

    The latest orders reflect robust demand for the Company’s products and reinforce its growing role in India’s evolving power sector.

    Strong Order Momentum in February 2026

    During the month, Supreme Power Equipment Limited secured multiple domestic orders from EPC companies based in Karnataka, further strengthening its order book and improving revenue visibility over the execution period.

    ₹14.86 Cr Power Transformer Order

    SPEL received a significant order valued at approximately ₹14.86 Crfrom a Karnataka-based EPC company.

    • Scope: Supply of 6 nos. of 20 MVA, 66/11 kV power transformers

    • Execution Timeline: Approximately 8 months

    ₹10.40 Cr Power Transformer Order

    The Company also secured a domestic order worth approximately ₹10.40 Cr from another EPC company in Karnataka.

    • Scope: Supply of 20 MVA power transformers (110/33-11 kV)

    • Execution Timeline: Approximately 8 months

    ₹8.07 Cr Transformer Supply Order

    Further strengthening its February order inflow, SPEL received an additional domestic order valued at approximately ₹8.07 Cr from an EPC company based in Karnataka.

    • Scope: Supply of 3 nos. of 20 MVA, 110/33-11 kV power transformers

    • Execution Timeline: Approximately 5 months

    ₹5.3 Cr Transformer Supply Order

    Additionally, the Company has been awarded a domestic contract worth ₹5.3 Cr by EPC company in Karnataka.

    • Scope: Supply of 2 nos. of 20 MVA, 110/33-11 kV power transformers

    • Execution Timeline: Approximately 9 months

    ₹18.23 Cr Transformer Supply Order

    Further, in March, the Danya Electric company (holds 90% of share) subsidiary of SEPL received an order worth ₹18.23 crore from the Local Electric Utility -Tamil Nadu Power Distribution Corporation Limited.

    • Scope: Supply of 25KVA/22KV Distribution Transformer

    • Execution Timeline: Approximately 18 months

    • Date: 4 March 2026

    The steady flow of orders during 2026 indicates continued demand from EPC players, driven by ongoing investments in India’s power transmission and distribution networks. These order wins further strengthen Supreme Power Equipment Limited’s growing presencein the power infrastructure sector and enhance better revenuecertainty going ahead.

    Following a positive order momentum in 2026, the Company Continues to Prioritize efficient execution, and the delivery of reliable transformer solution across India’s power sector.

    Commenting On Development, Mr. Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited said, “The order inflow of ₹56.86 Cr in 2026 highlights sustained confidence among EPC partners in execution expertise and quality standard. The orders enhance our order book and improve revenue earnings forward and showcase our standing in the power transformer segment. At thesame time commencement of commercial operations at Kannur, our new facility marks important milestone in our growth journey with capabilities to manufacture transformer up to 200 MVA, 220 kV, we have increased our production capacity significantly. We remain committed to delivering projects on schedule,enhancing efficiency, and contributing to growth of India’s expanding power transmission and distribution infrastructure.”

    Disclaimer: This article is for informational purposes only and does not constitute financial advice.
  • Barista Café opens at Yatharth Hospital in Faridabad; Designed to serve high-quality coffee, snacks, and fresh beverages

    Barista Café opens at Yatharth Hospital in Faridabad; Designed to serve high-quality coffee, snacks, and fresh beverages

    Faridabad (Haryana) [India], March 11: A new franchise outlet of Barista Coffee Company has been inaugurated inside the premises of Yatharth Hospital, located in Sector 20, Faridabad. The café aims to improve food and beverage facilities for patients and visitors. It will allow visitors to access hygienic and quality food and beverage options without leaving the premises.

    Franchise owner Praveen Kumar said the café is designed to serve patients, their attendants, and visitors with high-quality coffee, snacks, and fresh beverages in a comfortable environment. The outlet will offer a wide range of coffee, tea, bakery items, and light snacks prepared according to international standards.

    The hospital management said that, along with advanced medical services, providing convenient and modern facilities to patients and their families remains a key priority. The introduction of the café inside the hospital campus is part of this effort.

    The hospital management described the launch of the café as an important step toward expanding the range of services available at the facility and expressed hope that it will become a preferred spot for visitors in the coming days.

    Guests present at the inauguration said that such facilities in hospital campuses create a more comfortable atmosphere for attendants and visitors, giving them a place to sit and relax while enjoying coffee and light refreshments.

    Several dignitaries attended the event, including Faridabad Mandi Chairman Harjeet Singh Dagar, Hospital FD Anil Bhardwaj, Vice President – Business Operations Alok Man Singh, franchise owner Praveen Kumar, Medical Superintendent Dr. S.C. Agrawal, and Dr. Gurmeet Chhabra, Dr. Rajeev Chaudhary, Dr. Preeti Chaudhary, and Dr. Shweta Mendiratta, along with other staff members and guests.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • The Rise of a Servant Leader: Adv. Sattyajeet Karale Patil Elected DRRN of Rotaract District 3131

    The Rise of a Servant Leader: Adv. Sattyajeet Karale Patil Elected DRRN of Rotaract District 3131

    New Delhi [India], March 10: In youth-led service organizations, leadership is rarely defined by titles alone. It is shaped through years of dedication, teamwork, and a sincere commitment to community development. For PHF Rtr. Adv. Sattyajeet Shivajirao Karale Patil, the journey through Rotaract has been exactly that—a steady path of learning, contributing, and growing alongside fellow young leaders.

    Over the past decade, Sattyajeet has quietly built a reputation within Rotaract District 3131 as someone who believes in action-oriented leadership. From participating in grassroots service initiatives to handling district-level responsibilities, his journey reflects how consistent involvement in community service can transform a young volunteer into a trusted leader.

    Recently elected as the District Rotaract Representative Nominee (DRRN) of Rotaract District 3131, Sattyajeet’s story highlights the impact of long-term commitment within the Rotaract movement.

    Beginning the Rotaract Journey

    Sattyajeet’s association with Rotaract began in 2015, when he joined as a Charter Member of the Rotaract Club of Marathwada Mitra Mandal Pune Kothrud. Like many students entering Rotaract for the first time, he initially participated in club meetings, social initiatives, and youth programs that aimed to build leadership skills while serving the community.

    Over time, his involvement grew deeper. His enthusiasm for organizing activities, participating in discussions, and contributing ideas gradually led him into leadership roles within the club.

    He served in several key positions including Membership Development Director and Vice President, eventually becoming Club President in RI Year 2019–20. During his tenure as president, the club experienced an active and impactful year, completing more than 137 service projects focused on social welfare, youth engagement, and community outreach.

    These initiatives ranged from awareness drives and leadership workshops to community-based service programs that addressed real societal needs.

    Expanding Leadership Across the District

    Beyond the club platform, Sattyajeet’s journey naturally progressed toward district-level responsibilities. Within Rotaract District 3131, he has taken on several roles that allowed him to contribute to the larger Rotaract network.

    Over the years, he has served as District Cultural Co-Convener, District Director – Community Service, District Chair for Rotasia & SEARIC Summit, District Legal Consultant, and District Treasurer. Through these roles, he has worked closely with Rotaractors from across the district, supporting the planning and execution of numerous initiatives.

    His involvement includes participation in several important Rotaract events such as District Assemblies, District Conferences, Sports Meets, Cultural Festivals, Youth Seminars, Dandiya Nights, and Rotary District Conferences. These events not only strengthen bonds among Rotaractors but also create platforms for learning, leadership training, and collaboration.

    One of the major highlights of his journey was contributing to Rotasia Pune, a large international Rotaract event that brought together over 1100 Rotaractors from Southeast Asia. Being involved in organizing and coordinating such a massive gathering provided valuable experience in teamwork, management, and cross-cultural collaboration.

    Service Initiatives that Created Impact

    Throughout his Rotaract journey, Sattyajeet has remained focused on projects that bring tangible benefits to society. Many of the initiatives he supported were aimed at addressing issues such as youth development, health awareness, women empowerment, road safety, and community welfare.

    During his time in district leadership roles, he also played a part in fundraising and sponsorship initiatives that helped the district carry out impactful projects. These included facilitating donations for an emergency ambulance in Pune city and helping secure accidental insurance coverage worth over ₹12 crore for Rotaractors through sponsorship support.

    Such initiatives highlight how Rotaract not only serves communities but also strengthens support systems for young volunteers engaged in service.

    Bringing Professional Expertise into Service

    Alongside his Rotaract journey, Sattyajeet has built a promising career as a lawyer. Enrolled with the Bar Council of India and Bar Council of Maharashtra & Goa, he practices in areas such as criminal law, cyber law, NDPS law, family law, forensic matters, and consumer disputes.

    Holding an LL.M. from Savitribai Phule Pune University, he has handled several cases related to cybercrime, financial fraud, cryptocurrency scams, and digital identity theft.

    Understanding the importance of legal awareness among citizens, he introduced Project Nyaya Sanhita, a legal awareness initiative designed to educate communities—particularly in rural areas—about their legal rights and responsibilities.

    Conducted in collaboration with the District Legal Services Authority, Pune, the project aims to bridge the gap between legal knowledge and public awareness, ensuring that people better understand the laws that affect their everyday lives.

    Recognition and Achievements

    Sattyajeet’s contributions have earned recognition both within Rotaract and in the legal field. He has been honored as a Paul Harris Fellow, one of the highest recognitions in the Rotary community.

    In addition, he has been recognized by N Magazine and Google as one of the Top 3 Young Advocates in India for Cyber and NDPS practice.

    His achievements extend beyond law and service as well. During his student years, he actively participated in national debate competitions, moot court competitions, and youth cultural events, winning several awards.

    He also explored the performing arts, winning Best Actor at the BMCC Youth Festival and appearing in the Marathi film “Sajinde” released in 2021, along with participation in short films and theatre performances.

    A Growing Global Perspective

    Rotaract District 3131 continues to grow as a vibrant network of young leaders committed to service and professional development. The district recently witnessed a significant milestone with the inauguration of South Asia’s first Rotary Peace Center at Symbiosis International University in Pune.

    The center aims to train future leaders in peacebuilding, conflict resolution, and global cooperation, further strengthening Rotary’s global mission of promoting peace through education and leadership.

    Looking Ahead

    After nearly ten years of active involvement in Rotaract, Sattyajeet Karale Patil’s election as District Rotaract Representative Nominee represents another important step in his journey.

    From a charter member learning the basics of community service to a district leader guiding initiatives across Rotaract District 3131, his path illustrates how sustained dedication can shape effective leadership.

    As he continues balancing his legal career with community initiatives, Sattyajeet remains committed to the values that define Rotaract—service, leadership, and the belief that young professionals can create meaningful change when they work together.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • NXT 2026 will convene from 12th to 14th March 2026 at the Bharat Mandapam

    NXT 2026 will convene from 12th to 14th March 2026 at the Bharat Mandapam

     NXT 2026, a global platform bringing together leaders, innovators and policy-makers from across the world, to convene at the Bharat Mandapam

    New Delhi [India], March 10: Conceived as a premier international platform, NXT brings together global change-makers to shape pioneering initiatives for the future of humankind while connecting the best of Bharat with the best of the world.

    The event will be graced by Shri Narendra Modi, Hon’ble Prime Minister of India, as the Chief Guest, underscoring India’s commitment to fostering global dialogue, innovation, and collaboration for a sustainable and inclusive future.

    NXT 2026 will also welcome an esteemed group of international statesmen as Guests of Honour, including Hon. Scott Morrison, Former Prime Minister of Australia; Hon. Fredrik Reinfeldt, Former Prime Minister of Sweden; and Hon. Shri Baburam Bhattarai, the 36th Prime Minister of Nepal. The summit will further feature a special video message by Hon. Anders Fogh Rasmussen, Former Prime Minister of Denmark.

    The summit will see the participation of Hon’ble Mr. Justice Surya Kant, Chief Justice of India, bringing the perspective of India’s highest judiciary to conversations around governance, law and the future of institutions.

    Several senior members of India’s Union Cabinet will join the high-level discussions, including Shri Piyush Goyal Union Minister of Commerce and Industry, Shri Ashwini Vaishnaw, Union Minister for Railways, I&B, Electronics & IT, Shri Jitendra Singh, Union Minister for PMO, Department of Space & Atomic Energy, Shri Manohar Lal Khattar, Union Minister of Power, Housing & Urban Affairs and Shri Arjun Ram Meghwal, Union Minister of Law.

    The event will also feature the participation of Shri Nayab Singh Saini, Chief Minister of Haryana; and Shri Bhajan Lal Sharma, Chief Minister of Rajasthan.

    Adding a unique dimension to the gathering will be former NASA astronaut Capt. Scott Kelly. He will be joined by India’s four Gaganauts, the trailblazers preparing to carry India’s human spaceflight ambitions into orbit.

    In what is expected to be the largest gathering of global parliamentarians in India, over 100 Members of Parliament from more than 40 countries, including the United States, United Kingdom, Germany, France, Israel, Australia, Sweden and Nepal, will participate in dialogue with Indian leaders from government and industry.

    A special highlight of the summit is the NXT Fellowship, which brings together professors, researchers and students from some of the world’s leading universities, including Harvard University, University of Oxford, University of Cambridge, Columbia University, Tsinghua University and the University of Tokyo.

    Founded by Mr. Kartikeya Sharma, Member of Parliament, Rajya Sabha, NXT has been designed as a world-class calendar event in India in coordination with central and state governments.

    Over three days, the summit will host keynote addresses, panel discussions and strategic meetings across themes including AI, quantum computing, health, green energy, governance, space, law, mobility, sports, media and finance.

    Beyond discussions, NXT facilitates meaningful engagement with international delegates, including curated meetings and tours showcasing India’s infrastructure growth, digital transformation and societal innovation.

    NXT 2026 shall catalyse ideas, partnerships and policies that will define the future of humanity.

  • Warburg Pincus, Creation Investments Continue to Be Fusion Promoters as Founder Promoter seek reclassification

    Warburg Pincus, Creation Investments Continue to Be Fusion Promoters as Founder Promoter seek reclassification

    Former Fusion Finance Promoters Devesh Sachdev and Family Seek Reclassification to Public Shareholder Category

    New Delhi [India], March 10: Honey Rose Investment Ltd. (an affiliate of Warburg Pincus), along with Creation Investments Fusion LLC and Creation Investments Fusion II LLC, will continue as promoters of Fusion Finance Ltd. The development comes following the request from the existing promoter, Mr. Devesh Sachdev and his family trust, to reclassify their status from ‘Promoter & Promoter Group’ to the ‘Public’ category.

    In the stock exchange filings dated February 21 and February 27, Fusion Finance had said it has received requests from Mr. Devesh Sachdev, Mrs. Mini Sachdev, and M/s. Devesh Sachdev Family Trust to reclassify their status from the ‘Promoter & Promoter Group’ category shareholder to ‘Public’ category shareholder. The reclassification is subject to approval by the stock exchanges, followed by shareholders’ approval.

    Reasons for the reclassification

    The Board of Directors of Fusion Finance has approved the reclassification, as Mr. Devesh Sachdev & Family do not exercise any direct or indirect control over Fusion Finance and do not influence its management or policy decisions. Similarly, they don’t have any representation on the Company’s Board and don’t participate in any manner in the Company’s day-to-day activities. Additionally, certain special rights previously granted to Mr. Devesh Sachdev were terminated vide shareholder approval dated January 7, 2026, and the corresponding provisions in the Articles of Association have accordingly ceased to be in effect.

    Accordingly, Honey Rose Investment Ltd. (Warburg Pincus), Creation Investments Fusion LLC, and Creation Investments Fusion II LLC remain as the promoters of the company, cumulatively holding more than 52% stake in the company.

    Shareholders approved amendments to Fusion’s Articles of Association (AoA)

    In January 2026, shareholders approved amendments to the Articles of Association, inter alia, removing special rights previously available to Mr. Devesh Sachdev, thereby aligning the governance framework with the Company’s current professionally managed structure. The proposed reclassification is a natural progression of the governance transition already effected, ensuring that shareholding classification accurately reflects Fusion Finance’s evolved management and control structure.

    Focused on growth

    Fusion Finance is focusing on its growth and expanding its business, with Mr Sanjay Garyali as its Managing Director & Chief Executive Officer. The company recently completed and raised Rs. 800 crore through a rights issue in April 2025 and Dec 2025, witnessing participation from existing institutional investors, including promoters Warburg Pincus & Creation Investments. As of December 2025, the company had assets under Management (AUM) of INR 6,876 crore, and a network of 1,537 branches spread across 22 states, including 3 Union Territories.