Author: Sutun Nayak

  • Holani Consultants Marks Historic SME IPO, Structuring One of India’s Most Subscribed Issues with 918x Oversubscription

    Holani Consultants Marks Historic SME IPO, Structuring One of India’s Most Subscribed Issues with 918x Oversubscription

    Mumbai (Maharashtra) [India], December 25: Holani Consultants Private Limited has achieved an unprecedented milestone in India’s SME capital markets by structuring and executing the most subscribed SME Initial Public Offering of all time. The IPO of Shyam Dhani Industries Limited garnered bids worth over ₹25,308 crore, with an extraordinary oversubscription of 918.09 times.

    As the merchant banker for this landmark transaction, Holani Consultants demonstrated exceptional market positioning and execution capabilities, reflecting the firm’s expertise in creating investor confidence and structuring successful capital market transactions.

    Ashok Holani, Director of Holani Consultants Private Limited, stated:

    “This unprecedented response underscores our commitment to excellence in SME capital market transactions and the trust that investors place in our structuring capabilities. We are grateful to all investors, intermediaries, and stakeholders whose collective confidence in our execution made this historic success possible.”

    Anchor Investor Participation

    Holani Consultants successfully secured strong anchor investor participation from prominent institutions, including:

    • Small Industries Development Bank of India (SIDBI)

    • Rajasthan Global Securities Private Limited

    • SB Opportunities Fund

    • Saint Capital Fund

    • Meru Investment Fund PCC

    • Mint Focused Growth Fund PCC

    • Holani Venture Capital Fund

    A Landmark Moment for Holani Consultants & the SME Markets

    • ₹25,308+ Crore Procurement

    • 918 Times Oversubscription

    Thank you to investors for their extraordinary confidence.

    Subscription Breakdown

    (Excluding Anchor Portion)

    • Qualified Institutional Buyers (QIB): 256.24 times

    • Non-Institutional Investors (NII): 1,612.65 times

    • Individual Investors (Retail): 1,137.92 times

    Total Oversubscription: 918.09 times
    Total Bids Received: ₹25,308.16 crore

    This record-breaking achievement reinforces Holani Consultants’ position as a leading merchant banker in India’s SME ecosystem, demonstrating the firm’s ability to structure compelling investment opportunities and execute complex capital market transactions.

    To date, Holani Consultants has successfully assisted 21 companies in their fundraising journeys, raising more than ₹1,500 crores through equity markets. This includes:

    • 2 Mainboard IPOs

    • 16 SME IPOs listed on BSE and NSE SME platforms

    • 2 Private Placements

    • 1 Rights Issue

    About Holani Consultants

    Holani Consultants Private Limited is a SEBI-registered Category 1 Merchant Banker based in Jaipur. Licensed in 2018, the firm is actively engaged in valuations, SME IPO structuring and execution, and other corporate action services. Holani Consultants has established itself as a trusted advisor in India’s capital markets with a strong track record of successful transactions.

    For more information, please visit: https://www.holaniconsultants.co.in/

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Car Insurance For Used Cars- Documents, Valuation, and Coverage Tips

    Car Insurance For Used Cars- Documents, Valuation, and Coverage Tips

    Mumbai (Maharashtra) [India], December 26: Getting a second-hand car is a smart option, so that you can drive and enjoy the freedom of driving without spending much. However, the most important thing that all buyer has to consider is to ensure that they have the appropriate car insurance. Having appropriate coverage protects you from huge expenses in the event of an accident or natural disaster.

    In this blog, we will explore everything you need to know about insuring a used car, from necessary documents and valuation to choosing the right coverage and practical tips that can save you money and stress on the road.

    What Is Used Car Insurance?

    Insurance for a second‑hand car is similar in many ways to standard car insurance, but there are a few important differences, given the car’s age and value. Known as second-hand car insurance, this policy covers both legal liabilities and physical damages for vehicles that are not brand new. Since second‑hand cars have depreciated in value over time, insurers like HDFC ERGO calculate premiums and coverage differently to reflect this reduced worth.

    A typical policy protects you from third‑party liabilities and your own financial loss due to accidents, theft, fires, man‑made or natural disasters. It can be customised with additional add‑ons to suit your needs.

    Why You Must Insure Your Used Car

    Driving without insurance is not only risky but also illegal under the Motor Vehicle Act, which mandates minimum third‑party coverage for every vehicle on the road. Comprehensive insurance goes beyond this and helps protect your own vehicle as well.

    Although the general price of a used car is lower compared to that of a new car, the possible cost of repairing or replacing the car following an accident or theft may be a lot more than you would anticipate. A suitable insurance plan protects your money so that unforeseen events do not derail your budget.

    Types Of Coverage You Can Choose

    When it comes to car insurance for used cars, there are three main types of coverage-

    1. Third‑Party Insurance

    This is the basic form of motor insurance required by law. It covers liabilities arising from damage to other people or property in an accident you cause. It does not cover any damage to your own vehicle.

    2. Comprehensive Insurance

    This is the most complete form of coverage. A comprehensive insurance coverage protects your interests against third parties and offers coverage to your own car in the event of any accidents, theft, fire, natural disasters, etc. You may also add value to it by including handy features such as engine and gearbox protection, zero depreciation and emergency assist.

    3. Own Damage Cover (Standalone)

    If you already have third‑party insurance, you can opt for own damage cover separately. This takes care of repair costs for your car due to accidents and other specified events.

    How Used Car Insurance Premiums Are Calculated

    Insurance companies charge you based on various determinants, which include-

    Insured Declared Value– The current market price of your used car after accounting for depreciation. The older the car, the lower the IDV and the lower the premium.

    Age, Make, and Model– There are chances of increased premiums on older vehicles and those with high risk.

    Coverage Level– Choosing comprehensive insurance with add‑ons increases the premium but offers wider protection.

    Location and Driving History– Cars in a specific place or those with a record of constant claims may attract higher rates.

    Essential Documents For Used Car Insurance

    You need to arrange specific documents before you can get insurance for a second‑hand car-

    1. Registration Certificate The original RC is vital. This should have the details of the new owner after the process of transfer is done.
    2. Existing Insurance Policy Papers– You will require papers about the insurance policies of the car if the car was insured earlier.
    3. Clearance Certificate This is used to confirm that the car insurance of the former does not have any outstanding dues or claims.
    4. Pollution Under Control Certificate This is used to make sure the vehicle meets the standards of emissions.
    5. Road Tax Documents and Delivery Challan RTO paperwork proving legal compliance and transfer of ownership.
    6. Service and Maintenance Records This assists the insurance companies in evaluating the car and its risk profile more precisely.
    7. Proposal Form The new owner will need a fresh proposal form in order to underwrite the policy.

    These documents are also required not only to issue the new policy, but also to transfer the old one to your name.

    Practical Tips To Make The Most Of Your Insurance

    Check the Car’s History- Review past claims and any major repairs before making a purchase.

    Choose Extras Wisely- Your money can be saved by valuable features such as zero depreciation and engine protection in the long run.

    Maintain No Claim Bonus- You can get a discount on renewal premiums if you do not make a claim during a policy term.

    Conclusion

    Insuring your used car properly is a smart financial decision that protects you from unexpected expenses and liabilities. The valuation process and the choice of the most appropriate car insurance coverage will ensure that you will be safe at all times when you are on the road.

    Always plan ahead, prepare your papers in time, and select a policy that best suits your needs and your budget so as to have the best possible driving experience.

    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.

  • Divyasparsh Group Achieves a Key Milestone as Ambrosia Galaxy Reaches Possession

    Divyasparsh Group Achieves a Key Milestone as Ambrosia Galaxy Reaches Possession

    Pune (Maharashtra) [India], December 26: December 17, 2025, commemorated the formal handover ceremony for officially accomplishing the possession milestone by Ambrosia Galaxy in Pune. The successful event formalized the key phase of the well-thought-out commercial project. With the key aim of redefining how commercial spaces should be designed and implemented, the event facilitated an interactive space for clients, channel partners, vendors and stakeholders. The productivity of businesses relies heavily on the kind of infrastructure the properties offer.

    Guided by this philosophy, the Divyasparsh Group embarked on a vision of building something more than a mere traditional commercial property. The Ambrosia Galaxy is a direct outcome of years of research, planning and execution. As a consequence, the project encapsulates an ecosystem which has been created with usability, responsibility, durability and long-term value into consideration without compromising on practicality, usability and modernity.

    Orthodox commercial spaces mostly miss out on efficient layouts, appropriate shared amenities, planned parking areas and inspiring infrastructure. All these factors contribute towards the quality of well-being and productivity of the employees. In the long run, the growth and operations of businesses get influenced by these aspects. Recognizing what exactly modern workspaces demand to sequester the highest efficiency, the Ambrosia Galaxy transitioned its approach from creating just spacious and transactional real-estate to constructing more evolved, innovative and sustainable areas.

    Shedding more light on this intentional approach, Mr. Vaibhav Vidhate, Chairman & Managing Director of Divyasparsh Group, remarked, “We built Ambrosia Galaxy with a vision to enable better outcomes for teams, for companies and for the larger ecosystem. It was about building a space that genuinely supports businesses and the people who work within them.”

    The group demonstrated its intent by organizing a simple but thoughtfully curated possession event, which echoes its philosophy and belief that its work should communicate the message ahead of branding and marketing. With the completion of Ambrosia Galaxy, the Divyasparsh Group now enters a new phase of its journey as it prepares to introduce two upcoming developments. These will be publicly announced and revealed in the near future. The group intends to widen its vision to construct future-ready commercial as well as residential spaces going forward.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Modern Diagnostic & Research Centre Limited IPO Opens on December 31, 2025

    Modern Diagnostic & Research Centre Limited IPO Opens on December 31, 2025

    Mumbai (Maharashtra) [India], December 26: Modern Diagnostic & Research Centre Limited, (Modern Diagnostic, The Company) service provider in diagnostic and related healthcare tests services in India proposes to open its Initial Public Offering on December 31, 2025, aiming to raise ₹36.89 Crore (At Upper Price Band) by fresh issue of 40,99,200 equity shares, to be listed on the BSE SME platform.

    The issue size is 40,99,200 equity shares at a face value of ₹ 10 each with a price band of ₹85 – ₹90 Per Share.

    Equity Share Allocation

    • QIB Anchor Portion – Not more than 11,61,600 Equity Shares
    • Qualified Institutional Buyer – Not more than 7,82,400 Equity Shares
    • Non-Institutional Investors – Not less than 5,85,600 Equity Shares
    • Individual Investors – Not less than 13,63,200 Equity Shares
    • Market Maker – 2,06,400 Equity Shares

    The net proceeds from the IPO will be utilized for Funding capital expenditure for purchase of medical Equipments for diagnostic centre and laboratories, Working Capital Requirement, Repayment of certain outstanding borrowings availed by the Company and General Corporate Purposes. The anchor portion will open on Tuesday, Dec 30, 2025 and the issue will open on Wednesday, Dec 31, 2025 and will close on Friday, Jan 02, 2026.

    The Book Running Lead Manager to the Issue Beeline Capital Advisors Private Limited, The Registrar to the Issue is MUFG Intime India Private Limited.

    Dr. Devendra Singh Yadav, Chairman cum Managing Director of Modern Diagnostic & Research Centre Limited expressed, “The listing of the Company’s equity shares is a significant milestone for the company as it undertakes its next phase of expansion. Since inception, the Company has emphasized accuracy, timeliness, and accessibility in diagnostic services, with a focus on supporting clinicians and enhancing patient care outcomes.

    The proposed IPO will provide us with the financial strength to accelerate our expansion strategy. The net proceeds will be strategically utilized towards capital expenditure for the acquisition of advanced medical equipment, strengthening our diagnostic and laboratory infrastructure, and expanding our network of centres. This will enhance testing capabilities, improve turnaround times, and ensure consistent, high-quality diagnostic services across locations.”

    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.

  • When a T-Shirt Becomes a Family Moment: Ahmedabad Startup DIGICOPS Company Brings Augmented Reality

    When a T-Shirt Becomes a Family Moment: Ahmedabad Startup DIGICOPS Company Brings Augmented Reality

    Ahmedabad (Gujarat) [India], December 26: As digital screens increasingly dominate children’s attention, parents across India are searching for ways to balance technology with meaningful learning. An Ahmedabad-based company, DIGICOPS, is attempting to address this challenge through a new range of Augmented Reality (AR) learning products for children—including AR Magic T-Shirts and AR Zoo Animal Stickers—that combine play, education, and family interaction.

    Unlike conventional toys or mobile games, these AR-based products are designed to involve not just children, but parents and grandparents as well, creating shared moments of discovery inside the home.

    From Clothing to Learning Tools

    At first glance, the AR Magic T-Shirt appears like any other children’s garment. However, when scanned using a smartphone, the printed designs activate augmented reality visuals, allowing animals such as lions, elephants, and tigers to appear in three-dimensional form on screen.

    The experience often unfolds in a familiar domestic setting. A parent scans the T-shirt, an animal appears, and the child reacts with excitement. Family members gather around, watch, ask questions, and encourage the child to explore further.

    According to DIGICOPS, the idea was not to create another digital distraction, but to reimagine how technology could be used to support curiosity and learning within families.

    “Our focus was never just AR,” a spokesperson from DIGICOPS explained. “The real objective was to create moments where children learn naturally, and parents feel involved rather than disconnected.”

    Parents as Participants, Not Spectators

    One of the notable aspects of these products is how they change the role of parents during playtime. Instead of children interacting silently with screens, parents become facilitators of the experience.

    Fathers, in particular, have shown strong engagement. Many describe a sense of pride when their child actively demonstrates what they have discovered.

    “The moment my son called me and said, ‘Papa, dekho,’ it felt different,” said a parent from Ahmedabad. “It wasn’t passive screen time. It was learning that we experienced together.”

    Mothers note that these interactions often lead to conversations about animals, habitats, sounds, and behavior—without the pressure of formal instruction.

    Grandparents, too, have found themselves drawn into the experience. For many, it is their first interaction with augmented reality technology, and they often encourage children to repeat the activity, turning it into a shared family ritual.

    AR Zoo Animal Stickers: Learning Through Play and Recall

    In addition to wearable AR products, DIGICOPS has also introduced AR Zoo Animal Stickers, designed to extend learning across the home environment.

    Children can place these stickers on walls, cupboards, tables, or doors. Each sticker represents a different animal and activates a 3D AR experience when scanned.

    What sets these stickers apart is how they are being used as a skill-based learning tool.

    Parents often turn the activity into a game:

    “Where is the lion?”

    “Can you find the elephant?”

    The child then searches for the correct sticker, scans it, and demonstrates the animal through AR. This process strengthens memory, spatial awareness, and recall abilities, while keeping the activity engaging.

    Educators describe this method as active learning—where children move, observe, and interact, rather than passively consuming content.

    Encouraging Cognitive Development at an Early Age

    Child development specialists point out that experiences combining physical movement with visual learning can significantly enhance early cognitive skills.

    According to early feedback collected by DIGICOPS, children using AR T-Shirts and Stickers show increased curiosity, improved focus, and greater confidence in explaining what they see.

    Unlike traditional mobile games, the AR experience does not isolate the child. Instead, it encourages dialogue, questions, and storytelling—elements considered essential for cognitive and emotional development.

    “The value lies not in the animation, but in the interaction it sparks,” the DIGICOPS team noted.

    Designed for Indian Families

    What makes DIGICOPS’ approach particularly relevant is its alignment with Indian family dynamics. The products are designed to fit naturally into joint and nuclear family settings, where learning is often social rather than solitary.

    Many families have begun using AR products as gifts during birthdays and festivals, seeing them as a more meaningful alternative to conventional toys.

    Parents report that children don’t simply play with the products; they proudly demonstrate them to guests, relatives, and friends—building confidence and communication skills in the process.

    A Growing Category of Interactive Learning

    With increasing awareness around mindful technology use, products like AR T-Shirts and Stickers represent a growing category of interactive learning experiences.

    Rather than replacing traditional education, such innovations aim to complement it by fostering curiosity and engagement at home.

    DIGICOPS has indicated plans to expand the concept further, exploring additional themes and learning modules while maintaining a focus on simplicity and family involvement.

    Beyond Technology: Creating Meaningful Moments

    While augmented reality is at the core of the product, DIGICOPS emphasizes that technology alone is not the end goal.

    The true value, the company believes, lies in moments when children learn willingly, parents feel connected, and families share experiences that go beyond entertainment.

    In an era dominated by fast-paced digital consumption, DIGICOPS’ initiative serves as a reminder that technology, when used thoughtfully, can strengthen bonds rather than weaken them.

    About DIGICOPS

    DIGICOPS is an Ahmedabad-based company focused on developing interactive learning products for children. By combining augmented reality with everyday objects such as clothing and stickers, the company aims to create engaging, family-centered learning experiences that encourage curiosity, cognitive development, and meaningful parent-child interaction.

    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.

  • Agravatam Thali Gains Iconic Status as Ahmedabad’s Most Loved Healthy Veg Meal Brunch

    Agravatam Thali Gains Iconic Status as Ahmedabad’s Most Loved Healthy Veg Meal Brunch

    Ahmedabad (Gujarat) [India], December 25: In Indias first heritage city—celebrated for its timeless culinary traditions and deep-rooted wellness culture—Agravatam Modern Ayurvedic Cloud Kitchen  has emerged as a legendary name in conscious, healthy vegetarian dining. Its Agravatam Thali Healthy Veg Meal Combos are rapidly gaining iconic status, ranking among the most loved and highly reordered healthy meals on Zomato and Swiggy across Ahmedabad.

    Conceptualized and designed by Vaidya Dr. J. D. Agravat, a renowned Ayurvedic physician with over 50+ years of clinical experience, Agravatams meals seamlessly combine classical Ayurvedic wisdom with modern nutritional science. The brands distinctive 7 Days, 7 Different Rotating Veg Menu” unique concept has been widely appreciated as a practical and sustainable approach to daily nutrition—supporting digestion, balance, and sustained energy throughout the day.

    Agravatam Thali – Weekly Ayurvedic Veg Meal Menu

    • Monday: Rajma with Rice, Amla Honey Shot
    • Tuesday: Gujarati Kadhi–Khichdi, Turmeric Shot
    • Wednesday: Rasawala Moong with Rice & Curd, Organic Moringa Shot
    • Thursday: Quinoa Dal Khichdi, Ginger Black Pepper Shot
    • Friday: Black Chana with Toast, Beetroot Shot
    • Saturday: Healthy Veggie Wrap, Karela Shot
    • Sunday: Green Pav Bhaji, Lemon Mint Shot

    Daily Add-ons:

    • Starter: Muri Chilli–Dhania Chivda (Mon–Sun)
    • Dessert: (Zero Sugar Added and Homemade)
    • Mon, Wed – Dry-Fruit Date Bars
    • Tue, Thu – Dry-Fruit Oats Protein Bars
    • Fri, Sat, Sun – Sukhdi
    • Ayurvedic Mukhwas for post-meal digestion
    • Special Introductory Offer! Enjoy Agravatam Thali at ₹399 per meal, available 9 AM–3 PM and 5 PM–9 PM.

    Available for takeaway via WhatsApp: 7575008686
    Pickup: Agravatam Modern Ayurvedic Kitchen, Sindhubhavan Road, Thaltej

    Also available on Zomato & Swiggy

    Order now and experience Ayurvedic wellness in every bite. https://agravatam.com/product/agravatam-thali-veg-meal-7-days-7-different-healthy-food-fix-lunch-combo-platter/

    What truly differentiates Agravatam is its Executive Agravatam Thali – Smart Brunch Concept, thoughtfully created for working professionals, corporate teams, gym-goers, yoga practitioners, and wellness enthusiasts. A recurring sentiment echoed by customers captures its appeal succinctly:

    No post-lunch laziness—only fresh energy.”

    Prepared using clean ingredients, mindful portions, and authentic Ayurvedic principles, Agravatam Thalis are designed to strengthen digestion (Agni), enhance mental clarity, and sustain productivity. This has positioned the brand as a preferred choice for corporate lunches and everyday office meals.

    With increasing awareness around workplace wellness and preventive health, Agravatams Ayurvedic meals are witnessing growing adoption across corporate offices, IT parks, clinics, gyms, and wellness organizations throughout Ahmedabad.

    Ayurveda teaches us that food directly influences energy, focus, and productivity. Our vision is to make Ayurvedic food practical, enjoyable, and accessible for modern working life,” said Dr. Kartavya Agravat, Co-Founder and spokesperson for Agravatam, representing a new generation of wellness-driven food innovators.

    Supported by strong reorder rates on leading food delivery platforms and growing word-of-mouth recognition, Agravatams Thalis are fast being recognized as a landmark wellness meal concept—one that thoughtfully bridges ancient Ayurvedic wisdom with modern convenience, right from the heart of Ahmedabad.

    About Agravatam Modern Ayurvedic Cloud Kitchen

    Agravatam is a wellness-focused Ayurvedic food brand initiative led by Vaidya Dr. J. D. Agravat, a highly respected and renowned Ayurvedic physician with over 50 years of clinical experience. The brands modern Ayurvedic menu design and wellness vision are guided by Founder Dr. Harsha Agravat, an Ayurveda and Panchakarma specialist with 30+ years of experience, along with Co-Founder Dr. Kartavya Agravat, a cosmetic and dental implant surgeon and Zen-G entrepreneur. Agravatam is further strengthened by the mentorship of Dr. Bharat Agravat https://www.drbharat.agravat.com/ , a dental implant surgeon with over 30 years of experience, and is managed by Dr. Agravat Wellness Center, a unit of Dr. Agravat Healthcare Limited.

    Rooted in classical Ayurveda and modern nutrition science, Agravatam is committed to improving  everyday health through balanced, conscious, and purposeful eating.

    Contact Media

    Dr Agravat Wellness Center

    Address: Padmavati Bungalow and Discoveryland School, Between, opp. N K Farm, nr. Satva Complex, Thaltej, Ahmedabad, Gujarat 380059
    Mob: +917575008686
    Website: https://agravatam.com/

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Hafele’s MatrixBox Slim Drawer Systems

    Hafele’s MatrixBox Slim Drawer Systems

    MatrixBox Slim Drawer Systems

    New Delhi [India], December 26: Hafele introduces the MatrixBox Slim Drawer System, a refined storage solution designed to complement contemporary interiors with its slim proportions and precise functionality. Developed for modern living, the system brings together clean design and reliable performance across a variety of residential applications.

    The MatrixBox Slim Drawer System features an elegant, minimal drawer profile that enhances the visual appeal of furniture while maintaining smooth and controlled movement. Its integrated soft-close mechanism and synchronised runner technology ensure a stable and quiet operation, delivering a consistent user experience in everyday use.

    Designed for flexibility, MatrixBox Slim can be seamlessly incorporated into kitchens, bedrooms, bathrooms and living spaces. The system supports a wide range of furniture layouts and storage requirements, making it suitable for both compact and spacious applications without compromising on design continuity.

    Matrix Box Slim – Kitchen

    Available in Graphite Grey, Stainless Steel and Midnight Black, MatrixBox Slim offers a refined palette that aligns with contemporary material trends. The choice of drawer side designs further allows the system to adapt to varied interior styles, enabling cohesive and customised storage solutions.

    Aligned with Hafele’s established quality standards, the MatrixBox Slim Drawer System reflects the brand’s focus on precision engineering and long-term performance. With its balanced combination of design clarity, functional versatility and dependable operation, MatrixBox Slim is a practical drawer solution for modern homes.

    Log onto https://www.hafeleindia.com/en/info/service/contact-us/410/ to find the nearest

    Hafele showroom or design centre.

    • Customer Care Toll Free: 1800 266 6667
    • Customer Care WhatsApp: +91 97691 11122
    • Customer Care Email ID:customercare@hafeleindia.com

    Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

    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.

  • From Fragrance Passion to a Lifestyle Empire: The Evolution of TMPerfumehouse and FLRIDA

    From Fragrance Passion to a Lifestyle Empire: The Evolution of TMPerfumehouse and FLRIDA

    New Delhi [India], December 26: TMPerfumehouse began as a passion-driven idea — a belief that premium fragrance experiences should not be limited by high price tags. What started with a deep love for perfumes has today evolved into a fast-growing lifestyle brand offering a wide range of products that resonate with modern, style-conscious consumers.

    While the foundation of TMPerfumehouse was built on crafting high-quality, long-lasting perfumes, the brand has consistently pushed boundaries to offer more variety, more innovation, and more choice for its customers.

    Expanding Beyond Perfumes

    Today, TMPerfumehouse has entered multiple product categories, transforming from a fragrance brand into a complete personal care destination. The brand now offers:

    • Shower gels designed for daily luxury
    • Attar and solid perfumes for traditional and travel-friendly use
    • Beard balms crafted for grooming and nourishment
    • 10 ml perfumes for convenience and affordability
    • Charcoal soaps for deep cleansing and skincare

    With over 320+ perfume varieties, customers are free to choose scents that truly match their personality, mood, and lifestyle. This wide selection and consistent quality have led to an overwhelming response — with products gaining rapid popularity and strong customer demand.

    TMPerfumehouse focuses on one simple idea:

    give customers freedom of choice without compromising quality.

    Entering the World of Jewelry

    As the brand continued to grow, TMPerfumehouse expanded into fashion accessories, introducing a curated range of jewelry items that complement its bold identity. The collection includes:

    • American jewelry
    • Cuban bracelets
    • Cuban chains and more

    These pieces are designed to reflect confidence, modern style, and street-inspired luxury — perfect for customers who want their accessories to make a statement.

    FLRIDA: Where Fashion Meets Fearless Creativity

    Taking the vision even further, the founders introduced FLRIDA, a clothing brand created for individuals who aren’t afraid to stand out. FLRIDA is built on bold ideas, creative freedom, and designs that break the ordinary.

    The brand focuses heavily on Clothing, delivering standout designs, premium fabrics, and a streetwear-inspired aesthetic. Each piece is created with the aim to look different, feel comfortable, and express attitude. FLRIDA doesn’t follow trends — it creates them.

    With aggressive design innovation and a clear goal to scale rapidly, FLRIDA aims to make a strong mark in the clothing industry, especially among youth who value originality and self-expression.

    A Vision That Keeps Growing

    TMPerfumehouse and FLRIDA together represent more than just products — they represent a mindset. A mindset of doing things differently, expanding fearlessly, and delivering value across categories.

    From perfumes and personal care to jewelry and fashion, the journey continues with one clear objective:

    to create products people love, wear proudly, and come back for again and again.

    This is not just growth — this is the creation of a lifestyle brand built to go crazy in the market.

    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.

  • Globtier Infotech Limited Announces Strategic Partnership with AWS to Accelerate Cloud Adoption and Modernization for Global Enterprises

    Globtier Infotech Limited Announces Strategic Partnership with AWS to Accelerate Cloud Adoption and Modernization for Global Enterprises

    New Delhi [India], December 26: Globtier Infotech Limited (BSE: GLOBTIER | INE12P601017), a leading provider of customized IT and software solutions specializing in application development and managed IT & SAP support services, is pleased to announce a strategic partnership with Amazon Web Services (AWS) to accelerate cloud adoption, digital transformation, and modernization for global enterprises.

    Through this partnership, Globtier becomes an official AWS Partner, significantly strengthening its cloud consulting, migration, and managed services capabilities. The collaboration is aimed at empowering organizations across sectors such as BFSI, Retail, Automotive, Manufacturing, and Technology to build scalable, secure, and cost-efficient cloud environments that drive innovation and agility.

    Key partnership highlights include:

    • Joint focus on cloud optimization and FinOps-based cost management to enhance efficiency and governance.
    • Development of secure, compliant, and high-performance cloud architectures powered by AWS infrastructure.
    • Capability to support end-to-end cloud transformation, including modernization, DevOps, security, and lifecycle management.
    • Access for enterprises to Globtier’s AWS-certified cloud experts and partner-led service accelerators for faster deployment

    Commenting on the partnership, Mr. Rajiv Shukla, Chairman & Managing Director, Globtier Infotech Limited, said, “Our collaboration with AWS marks a pivotal milestone in Globtier’s growth journey. As businesses worldwide embrace the cloud-first approach, this partnership positions us to deliver secure, scalable, and future-ready cloud solutions. Together with AWS, we aim to help enterprises optimize costs, enhance resilience, and achieve rapid digital transformation.”

    AWS is a globally recognized cloud computing platform offering on-demand access to IT resources such as computing power, storage, databases, analytics, and AI tools. Leveraging AWS, businesses can scale applications seamlessly without relying on physical infrastructure leading to reduced costs and enhanced operational flexibility.

    The partnership reinforces Globtier’s strategic vision to be a global technology enabler, combining deep domain expertise with cutting-edge cloud innovation to deliver measurable business value.

    About Globtier Infotech Limited 

    Globtier Infotech Limited is a leading provider of IT solutions, specializing in application development and customized software services that address the diverse needs of businesses across industries. As a managed IT services organization, the company delivers comprehensive support encompassing infrastructure management, application maintenance, and end-to-end technology services for enterprises of all sizes.

    Focused on enabling clients to adapt to technological change, streamline operations, and achieve measurable growth, Globtier has evolved its offerings to include managed IT services, enhanced application support, and custom software development. Its service model emphasizes proactive engagement, close alignment with client objectives, and strong cybersecurity and governance practices across all engagements.

    Disclaimer

    Certain statements in this document that are not historical facts are forward looking statements.

    Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

    For Further Information Please Contact Corporate Communication Advisor

    AKMIL Strategic Advisors Private Limited

    Mr. Milind Apte – Director

    milind@akmiladvisors.com

    +91 98209 41925

    www.akmiladvisors.com

    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.

  • Asian Granito India Ltd Promoter Group Buys 6 Lakh Shares from Open Market

    Asian Granito India Ltd Promoter Group Buys 6 Lakh Shares from Open Market

    From L to R Mr. Mukesh Patel, MD and Mr. Kamlesh Patel, CMD, Asian Granito India Ltd

    Ahmedabad (Gujarat) [India], December 25: The promoter group of Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands in the country, has bought a total of 6 lakh shares of the company from the open market.

    On 22nd December, Mr Kamlesh Patel, Chairman and Managing Director of the company, purchased 3,00,000 equity shares of the company from the open market. Post this acquisition, the holding of Mr Kamlesh Patel along with PAC in the company has increased to 7.14%.

    On 23rd December, Mr Mukesh Patel, Managing Director of the company, purchased 3,00,000 equity shares of the company from the open market. Post this acquisition, the holding of Mr Mukesh Patel along with PAC in the company has increased to 10.79%. Promoter Group holding post this acquisition stands at 33.72%.

    Asian Granito

    The company has a turnaround business operation and reported improved operational and financial performance during Q2 and H1 of FY 2025-26, ending 30th September 2025. For H1FY26, the company reported consolidated net profit of Rs. 23.2 crore as against a net loss of Rs. 1 crore in the corresponding period last year. Net Sales for the H1FY26 rise 8% Y-o-Y to Rs. 795.2 crore as compared to Net sales of Rs. 736.2 crore in H1FY25. EBITDA for H1 FY26 was reported at Rs. 61.5 crore (EBITDA margin 7.7%), 102% Y-o-Y rise as compared to EBITDA of Rs. 30.5 crore (EBITDA margin 4.1%) in H1FY25.

    In a short span of two & half decade, Asian Granito India Ltd has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand. The Company manufactures and markets a range of Tiles, Engineered Marble and Quartz, and Faucets. The Company has 277 plus exclusive franchisee showrooms, 13 company-owned display centres, and an extensive marketing and distribution network pan India with 18,000 plus touchpoints, including distributors, dealers and sub-dealers in India. The Company also exports to more than 100 countries.

    The Company has strategically enhanced its brand presence by appointing Bollywood actor Ranbir Kapoor as the face of its “Premium ka Pappa” campaign. Additionally, AGL’s Bonzer7 brand has onboarded actress Vaani Kapoor for its “Kya Baat Hain” campaign, aiming to resonate with younger audiences and reinforce its market position. These campaigns underscore AGL’s commitment to innovation and its strategy to connect with a broader consumer base.

    Asian Granito

    About AGL:  https://aglasiangranito.com/

    Established in 2000, AGL has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand in a short span of 2.5 decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Bathware and Faucets. AGL products are synonymous with reliability, adaptability, innovation, quality consciousness and the company has created a strong brand identity, well recognised globally and a loyal customer following across segments. Today, it is the 4th-largest listed ceramic tile company in India, with a field force of more than 700.

    Ranked amongst the top ceramic tile companies in India, AGL has achieved over 65 times growth in its production capacity, from 0.83 million sq. ft. Mtrs. Per Annum in FY 2000 to 54.5 Million Sq. Mtrs. Per Annum in FY 2025. AGL is also the only tiles company to be acknowledged in the Vibrant Gujarat Summit 2015 for achieving phenomenal growth.

    The Company has 14 state-of-the-art manufacturing units spread across Gujarat and 277 exclusive franchisee showrooms, 13 company-owned display centres across India. Further, the Company has an extensive marketing and distribution network pan-India, with 18,000+ touchpoints, including distributors, dealers, and sub-dealers. The company also exports to more than 100 countries.

    The Company seeks to strengthen its identity as the leader in the Indian ceramic industry by consistently introducing innovative, value-added products to keep pace with its valued customers. Headquartered in Ahmedabad, AGL is listed on NSE & BSE and reported net consolidated turnover of INR 1628 crore in FY 2025. (For more information, please visitwww.aglasiangranito.com)

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