Category: 18th Asia–Africa Business and Social Forum

India’s Renowned Heritage Fragrance House ZAM ZAM PERFUMERS Accelerates Retail Growth in Karol Bagh
New Delhi [India], January 27: India’s renowned heritage fragrance house ZAM ZAM PERFUMERS, known for its authentic non-alcoholic attars and premium fragrance oils, has announced the opening of its new retail store in Karol Bagh, one of Delhi’s most prestigious and high-footfall shopping destinations.

With over three decades of excellence in traditional Indian perfumery, ZAM ZAM PERFUMERS continues its strategic retail expansion by bringing its signature fragrances closer to perfume lovers who value high-street access, authenticity, and sensory experience.

Bringing Heritage Fragrances to Delhi’s Iconic High Street

Founded in 1991 in the historic fragrance quarter of Hazrat Nizamuddin, ZAM ZAM PERFUMERS has built a strong reputation for crafting pure, long-lasting, 100% non-alcoholic fragrance oils that appeal to both traditional and modern sensibilities.

The newly opened Karol Bagh store represents a seamless blend of heritage craftsmanship and contemporary retail, allowing customers to explore an extensive fragrance portfolio in a refined, welcoming environment designed for in-store discovery.

A Curated Experience for Perfume & Attar Enthusiasts

The Karol Bagh outlet features a diverse collection of over 150 fragrance oils, ranging from classic Indian attars to sophisticated modern blends. Visitors can also explore the brand’s premium luxury line, the Elysian Collection, known for its rich oriental depth, elegant composition, and unisex appeal.

The store is positioned as a destination for:
- Perfume lovers seeking long-lasting alternatives to alcohol-based perfumes
- Fragrance oil connoisseurs who prefer pure and skin-friendly formulations
- Wedding and festive shoppers in search of distinctive signature scents
- High-street buyers who appreciate heritage brands with credibility and consistency
Strategic Expansion in a High-Footfall Retail Hub

Karol Bagh is widely recognised as a centre for premium retail, wedding shopping, and nationwide trade. By establishing a presence here, ZAM ZAM PERFUMERS strengthens its connection with a broader audience that includes retail customers, bulk buyers, and fragrance enthusiasts from across India.

The expansion reflects the brand’s vision to make authentic Indian fragrance oils accessible beyond traditional markets, while maintaining the quality, purity, and trust it has cultivated over decades.

A Brand Rooted in Purity, Trust, and Craftsmanship

All ZAM ZAM PERFUMERS products are:
- 100% non-alcoholic
- Certified safe by Indian authorities
- Created using premium-quality ingredients
- Suitable for personal wear, religious use, weddings, and hospitality environments
With a growing network of physical stores and a strong online presence, the Karol Bagh opening marks another milestone in the brand’s journey—reinforcing its status as a trusted name in Indian perfumery that continues to evolve with modern consumer preferences.

The ZAM ZAM PERFUMERS Karol Bagh store is now open, welcoming fragrance lovers to experience timeless attars and refined fragrance oils in one of Delhi’s most celebrated shopping districts.

Karol Bagh Delhi Fragrance Oil Attar Store

Store Address: 6/64, Ajmal Khan Road, Block 6, WEA, Karol Bagh, Delhi 110005

Phone Number: +91 – 93111 22955

Google Location: https://maps.app.goo.gl/qjK1Gom9i2WgPUcz6
January 27, 2026
Emerald Tyre – An Indian Tyre Manufacturer Plans To Acquire 65% Stake In A South African Tyre Company To Expand Its Volumes In US Market

Chennai (Tamil Nadu) [India], January 27: “Emerald Tyre Manufacturers Limited (NSE: ETML | INE0RHD01013) is one of the largest manufacturers and exporters of Off-Highway Tyres, has taken a decisive step in its international growth journey by acquiring a 65% controlling stake in SA Rubber Engineering Pty. Ltd., South Africa.

The proposed acquisition approved by ETML’s Board of Directors on 22 January 2026, involves an investment of up to ₹14 crore, through a combination of cash and non-cash consideration. Upon completion, SA Rubber Engineering will operate as a subsidiary of ETML, with the proposed acquisition expected to close within 6–8 months.

WHY THIS MOVE MATTERS

A Strategic Geography with Global Reach

• Anchors the Company’s expansion across high-growth African industrial and mining tyre segments
• Serves as Emerald Tyre’s export launchpad for the US Market.

Built on Structural Advantages

• Deep industrial & mining ecosystem
• Efficient logistics and port infrastructure
• Seamless access to global trade corridors
• Positive & growing economic climate.

These strengths create a natural base for scalable international operations.

SA Rubber Engineering Contribution

• Established regional distribution network
• Proven expertise in industrial, mining, rebuilt tyre solutions and poly wheels
• Immediate operational readiness for overseas scale-up

Business Snapshot

• Ready manufacturing Base.
• Customer Base: Multiple industrial end-use segments
• Role Post-Acquisition: Core driver of ETML’s Africa and export strategy

Commenting on the strategic proposed acquisition & international expansion, Mr. Chandhrasekharan Thirupathi Venkatachalam, Chairman & Managing Director of Emerald Tyre Manufacturers Limited said, “Our approach to growth has always been measured and purposeful. This proposed acquisition is a natural extension of Emerald Tyre’s capabilities into international markets. South Africa provides a strong base to engage with Africa and serve global customers, including US in a disciplined manner.

We view this investment as a long-term commitment focused on operational alignment & scale. The transaction is structured with strong governance, arm’s length execution, and financial discipline, allowing flexibility while remaining focused on creating sustainable value and staying true to the principles that have guided our growth.”

ABOUT EMERALD TYRE MANUFACTURERS LIMITED

Emerald Tyre Manufacturers Limited (Emerald Tyre, the Company), incorporated in 2002, is one of the leading manufacturers and exporters of Off-Highway and Industrial Tyres, headquartered in Chennai, Tamil Nadu. Company is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders etc.

The Company offers a comprehensive product portfolio including solid resilient tyres, press-on bands, industrial pneumatic tyres, wheel rims, steel bands, and fitment solutions, and is widely recognized for its technological innovation, product durability, and eco-friendly solutions supported by strong in-house R&D and mould design capabilities. The Company operates through a modern integrated manufacturing facility located in the SIPCOT Industrial Estate, Gummidipoondi, Tiruvallur District, Tamil Nadu designed to serve both domestic and international markets.

With a strong global presence and wholly-owned subsidiaries in Belgium and the UAE, Emerald Tyre is recognized as a preferred OEM supplier and a trusted export partner. Over the past two decades, Emerald Tyre has built a reputation for quality, reliability, and customer focus, positioning itself as one of the most respected brands in the Off-Highway tyre segment under the name “GRECKSTER.”

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.

January 27, 2026
Vishnu Prakash R Punglia Limited Successfully Delivers Silchar 24×7 Water Supply Project

Jodhpur (Rajasthan) [India], January 27: Vishnu Prakash R Punglia Limited (NSE – VPRPL, BSE – 543974 | INE0AE001013), one of India’s leading Engineering, Procurement and Construction (EPC) companies with a diversified presence across Water & Municipal Services, Roads, Railways, Infrastructure, and Mining, has announced successfully completed and handed over the Silchar 24×7 Water Supply Project under the AMRUT Mission in Assam.

The project was executed for the Assam Urban Water Supply & Sewerage Board (AUWSSB) at an approximate cost of ₹177.47 crore.

Project Overview

The project includes key infrastructure such as intake systems, a water treatment plant, transmission mains, pumping stations, service reservoirs, distribution network, household connections, and PLC-SCADA automation. Water supply commenced on March 1, 2024, and the project was partially inaugurated by the Hon’ble Chief Minister of Assam. The executing authority has certified the Company’s performance as satisfactory.

Strategic Perspective

The completion of the Silchar project strengthens the Company’s track record in urban water infrastructure and large EPC execution. Vishnu Prakash R Punglia Limited remains focused on timely delivery, operational efficiency, and selective bidding across water and municipal infrastructure projects aligned with national development programs.

Commenting on the update Mr. Manohar Lal Punglia, Managing Director of Vishnu Prakash R Punglia Limited, said: “The completion of the Silchar project highlights our strength in consistent execution and delivery at scale. It reinforces our ability to manage complex urban infrastructure with discipline on timelines and outcomes, while staying aligned with long-term public infrastructure priorities.”

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January 27, 2026
Ashapuri Gold Ornament Limited Receives Rs 29 Cr Orders at IIJS Bharat Signature 2026

Ahmedabad (Gujarat) [India], January 20: Ashapuri Gold Ornament Limited (BSE – 542579)— One of India’s leading B2B jewellerymanufacturers, has announced the receipt of orders aggregating to approximately ₹29 Cr at the recently concluded India International JewelleryShow (IIJS Bharat Signature) 2026 held in Mumbai.

The orders, received from prominent regional and national jewellery retail chains along with leading BigBox jewellers, pertain to the supply of gold jewellery, with execution scheduled within 60 days.

The 18th edition of IIJS Bharat Signature 2026 brought together the global gem and jewellery community and attracted over 25,000 trade visitors from more than 800 Indian cities and 60+ countries.

The order inflow reinforces Ashapuri Gold Ornament Limited’s strong presence in the B2B jewellery manufacturing segment and its ability to cater to organised jewellery retailers.

Commenting on the order win, Mr. Jenik D. Soni, CEO of Ashapuri Gold Ornament Limited, said: “The response at IIJS Bharat Signature 2026 reflects the strong relationships we have built with organised jewellery retailers and validates our design capabilities and manufacturing scale.

Participation in marquee industry platforms continues to strengthen engagement with large-format retailers, while the resulting order momentum provides execution visibility and supports our focus on timely delivery and operational excellence.”

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January 20, 2026
Award-winning architecture firm APICES Studio announces strategic expansion into Gujarat
Mumbai (Maharashtra) [India], January 15: Having established an exceptional identity as Thane’s premier architectural firm and charting two decades of excellence helmed by groundbreaking projects, APICES Studio has set its sights on Gujarat. The expansion is underpinned by Gujarat’s strong growth trajectory for over a decade, which has led to a slew of commercial and residential projects being undertaken in the state.
- The expansion is timed to mark the next phase of Gujarat’s growth story, which will see a tremendous demand for commercial and residential spaces
- APICES Studio will initially focus on upcoming and established centres such as Ahmedabad, Surat and Vadodara, and is developing a bouquet of specialised solutions
Gujarat has been a consistent top-tier performer contributing to India’s economic growth story. Official sources have revealed that the state’s per capita income surpassed Rs 3 lakh for the first time in December 2025, bringing the state’s rank among the top five economies in the country. This surge in per capita income is representative of high labour productivity and broad-based economic participation and marks a nearly fourfold increase over the last decade. Massive infrastructure projects and the launch of ambitious mega projects have bookended a surge of construction activity across the state – the Dholera Special Investment Region (DSIR), GIFT City (Global and Indian Financial Technology City), and the Mumbai-Ahmedabad Bullet Train have created new hubs for business and talent, further prompting the creation of residential and commercial spaces.

The growth of the industrial sector, with emphasis on the new Micron semiconductor plant, will attract a surge of professionals, creating demand for residential projects in areas such as Ahmedabad. The Gujarat@75 Agenda places great emphasis on sustainable urban development and investment, with focus on smart cities and green spaces. Alongside ample residential projects, the boom in Gujarat’s commercial landscape has led to a demand for warehouses, distribution centres and manufacturing facilities, as well as office spaces in cities such as Ahmedabad and Surat.

“We are very excited about this chapter of our journey. Gujarat is a state with tremendous untapped potential and whose growth momentum sets a remarkable example for the rest of the country. Our foray will initially focus on existing and upcoming hotspots including Ahmedabad, Vadodara and Surat, with plans to expand to other parts in the near future as well. As a firm with significant experience in commercial projects and a lasting passion for designing environmentally conscious urban landscapes, we see a lot of promise in Gujarat’s sustainable urban roadmap. Accordingly, we will develop customised solutions that take into account the state’s specific demands and constraints, to create a bouquet of solutions that are mapped to its upcoming space needs,” said Hardik Pandit, principal architect and director of APICES Studio.

While this announcement marks APICES Studio’s official foray into Gujarat, the firm has already executed first-of-its-kind projects in the state, including Bahuratna Vasundhara – a 10,900 sq. ft installation project based on the concept of Ekatmata Stotra for Gujarat University and a 50.000 sq. ft industrial project for Seeba Industries in Umbergaon, among others. The firm has established itself as a leading voice in modernist design and has demonstrated expertise in climate-responsive solutions through industry-certified projects.

About APICES Studio Pvt Ltd: APICES stands for architectural and design excellence as they specialize and emphasize a custom-made modus operandi in the segment. Their dedication to perfection and excellence is maneuvered under the able leadership of two stalwarts of the MMR’s architecture and design space i.e. Managing Director Sudhir Thorat and Director Hardik Pandit. APICES has been servicing clients in terms of architectural design, planning design services for large townships, interior design, consulting on the viability of a project, and engineering services like structural and MEP services.

For More Information, visit: https://www.apices.in/

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January 15, 2026
RERA Vision Conferred ‘Most Trusted RERA Advisory in Maharashtra’ Award

New Delhi [India], January 2: RERA Vision, one of Maharashtra’s most respected real estate regulatory consultancies, has been conferred with the prestigious title of “Most Trusted RERA Advisory in Maharashtra” at an awards ceremony held on 20 December 2025. The recognition, presented by Bright Outdoor Media, acknowledges the firm’s consistent and impactful contribution toward strengthening transparency, regulatory compliance, and institutional discipline within India’s real estate sector. This milestone not only marks a significant achievement for the organisation but also reinforces RERA Vision’s position as a benchmark-setting RERA advisory in the country.

At the heart of RERA Vision’s success is its Founder & CEO, Mr. Akkashh Chauhaan, a distinguished architect, town planner, public policy expert, and philanthropist with over 13 years of multidisciplinary experience across real estate, regulation, and governance. His professional journey began in project planning and statutory approvals, where he gained first-hand exposure to systemic gaps affecting developers, authorities, and end users. This early experience laid the foundation for his long-standing commitment to regulatory reform, compliance efficiency, and stakeholder empowerment.

Academically, Mr. Chauhaan brings together a rare convergence of disciplines. Trained as an architect, he holds a Master’s degree in Urban and Regional Planning and is a Certified Public Policy Analyst from the London School of Economics (LSE). This strong academic foundation enables him to approach real estate regulation not merely as a statutory requirement, but as an integrated ecosystem balancing governance, development, and consumer protection.

A defining chapter of Mr. Chauhaan’s career was his tenure as Senior Technical Advisor to MahaRERA—the Maharashtra Real Estate Regulatory Authority—during the formative years of RERA implementation in India. In this role, he was closely involved in grievance redressal, compliance monitoring, and regulatory execution, contributing meaningfully to the operational strengthening and credibility of the Authority. He also represented Maharashtra at national-level RERA forums, including initiatives conducted at the Indian Institute of Public Administration (IIPA), New Delhi, helping shape discussions on regulatory best practices across states.

In addition, Mr. Chauhaan served as State Training Coordinator with the Building and Other Construction Workers Welfare Board (BOCWW), where he led large-scale skilling and training initiatives benefiting over 20 lakh construction workers across Maharashtra. His efforts in capacity building extended to conducting numerous workshops and seminars for promoters, project professionals, and allottees, reinforcing compliance awareness and regulatory literacy within the industry.

Beyond his professional achievements, Mr. Chauhaan has demonstrated exemplary social leadership. During the COVID-19 pandemic, he led humanitarian initiatives supporting more than 51,000 migrant workers across 47 villages, providing food supplies, safety equipment, and essential aid. These efforts earned him the Navi Mumbai Ratna Award, recognising his service during one of the country’s most challenging periods. His academic excellence has also been recognised through the Best Thesis Award, and he was the sole recipient of a fully funded thesis scholarship from the Government of India.

Inspired by his regulatory experience and industry insight, Mr. Chauhaan founded RERA Vision with a clear mission: to simplify RERA processes and empower stakeholders with clarity, confidence, and compliance certainty. Under his leadership, the firm has evolved into a multi-state, technology-driven regulatory advisory platform, enabling compliance for real estate projects exceeding ₹35,000 crore in value and covering over 12 million square metres of development.

One of RERA Vision’s pioneering contributions is the Certificate of Compliance for End Users, a first-of-its-kind initiative that sets new benchmarks for transparency, trust, and customer-centric compliance. Today, the firm offers comprehensive RERA solutions under one roof, including:

Project registration, quarterly and annual compliances, timeline extensions, project and promoter changes, completion and de-registration services, legal advisory, financial structuring, and dedicated buyer and allottee support.

Supported by a robust multidisciplinary team of advocates, chartered accountants, architects, and finance professionals, RERA Vision ensures seamless execution across technical, legal, and financial domains. The firm has facilitated the registration of over 25,000 apartments, achieved an industry-leading average turnaround time of 15–18 working days, and is trusted by leading developers for delivering consistent, client-centric compliance outcomes.

RERA Vision’s excellence has been widely recognised at national and industry levels. It is notably the only RERA consultancy in India to be featured in Forbes India, and has also received honours from leading publications such as The Times of India and Mid-Day, along with recognition at prominent national leadership forums.

Receiving the award, Mr. Akkashh Chauhaan expressed gratitude and reaffirmed the firm’s commitment, stating:

“We are extremely honoured to receive this recognition. Being acknowledged as the most trusted RERA advisory in Maharashtra reinforces our responsibility toward the industry. This award reflects the collective efforts of our dedicated team and the continued trust of our clients. We remain committed to strengthening transparency, compliance, and confidence within the real estate ecosystem.”

RERA Vision also extended sincere thanks to Bright Outdoor Media for the honour and reiterated its resolve to set even higher benchmarks in RERA advisory services. Guided by its vision to empower stakeholders and demystify real estate regulations, RERA Vision continues to play a transformative role in shaping a more transparent, accountable, and compliant real estate sector across Maharashtra and India.

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January 5, 2026
Hafele’s Midora Full Steam Oven brings versatility and healthier cooking to modern kitchens

Hafele’s Midora Full Steam Oven

New Delhi [India], December 23: Hafele’s Midora Full Steam Oven is designed to support healthier, more versatile cooking through the integration of full steam technology with conventional oven functions. Crafted for modern kitchens, the appliance combines performance, convenience and refined aesthetics in a single built-in solution.

Steam cooking plays a key role in preserving nutrients, texture and natural flavours while reducing the need for added fats. The Midora Full Steam Oven allows users to seamlessly incorporate steam into everyday cooking, delivering dishes that are moist and tender. When paired with baking, grilling or roasting modes, the oven achieves balanced results with crisp exteriors and well-cooked interiors.

Offering flexibility across a wide range of recipes, the Midora Full Steam Oven supports multiple cooking and steam-assisted modes, making it suitable for everything from daily meals to elaborate preparations. Its spacious interior accommodates varied cookware and portion sizes, allowing users to cook with ease and efficiency.

Designed with user comfort in mind, the oven features a soft-close door, an intuitive touch control panel with slider functionality and LED display, and telescopic shelf supports that enable safe and convenient access to dishes. The triple-glazed glass door enhances energy efficiency by minimising heat loss and maintaining consistent cooking temperatures.

Maintenance is simplified through integrated steam cleaning and descaling functions, helping keep the oven clean with minimal effort. Finished in Black Glass with refined detailing, the Midora Full Steam Oven blends seamlessly into premium kitchen interiors while retaining a timeless visual appeal.

Designed to respond to evolving cooking habits, the Midora Full Steam Oven reflects Hafele’s approach to creating appliances that balance technology with everyday usability. By combining steam cooking with conventional oven functions in a refined built-in format, the Midora Full Steam Oven supports more mindful cooking while integrating seamlessly into contemporary kitchen spaces.

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.

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December 23, 2025
Indowind Energy Limited Eyes Growth with Proposed 5.1 MW Operational Wind Project Acquisition

Chennai (Tamil Nadu) [India], December 23: Indowind Energy Limited (BSE: 532894 | INE227G01018 | NSE: INDOWIND) is engaged in the generation and distribution of power through windmills, has entered into an in-principle agreement for the acquisition of about 5.1 MW operational wind power project.

The proposed acquisition is expected to be undertaken at an approximate consideration in the range of INR 200-250 million. The project is currently operational and is expected to add stable generating capacity to the Company’s renewable energy portfolio, subject to statutory/regulatory compliances/approvals wherever necessary, either as Asset or share purchase transaction.

As part of its long-term growth strategy, the Company proposes to repower the acquired wind project and/or implement a hybrid solar project in the future, subject to feasibility evaluation and regulatory approvals. These initiatives are intended to enhance generation efficiency, improve asset utilisation, and support sustained growth in revenues and profitability over the long term.

The proposed transaction is aligned with Indowind Energy Limited’s focus on capacity enhancement, asset optimisation, and strengthening its renewable energy platform, while supporting long-term business growth.

Commenting on the development, Mr. Bala Venckat Kutti, Promoter of Indowind Energy Limited,

said: “The proposed acquisition of an operational wind asset supports our objective of strengthening our renewable energy base. The potential repowering and hybridisation of the project provides opportunities to improve generation efficiency and long-term returns, in line with our growth strategy.”

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December 23, 2025
Indowind Energy Limited Eyes Growth with Proposed 5.1 MW Operational Wind Project Acquisition

Chennai (Tamil Nadu) [India], December 23: Indowind Energy Limited (BSE: 532894 | INE227G01018 | NSE: INDOWIND) is engaged in the generation and distribution of power through windmills, has entered into an in-principle agreement for the acquisition of about 5.1 MW operational wind power project.

The proposed acquisition is expected to be undertaken at an approximate consideration in the range of INR 200-250 million. The project is currently operational and is expected to add stable generating capacity to the Company’s renewable energy portfolio, subject to statutory/regulatory compliances/approvals wherever necessary, either as Asset or share purchase transaction.

As part of its long-term growth strategy, the Company proposes to repower the acquired wind project and/or implement a hybrid solar project in the future, subject to feasibility evaluation and regulatory approvals. These initiatives are intended to enhance generation efficiency, improve asset utilisation, and support sustained growth in revenues and profitability over the long term.

The proposed transaction is aligned with Indowind Energy Limited’s focus on capacity enhancement, asset optimisation, and strengthening its renewable energy platform, while supporting long-term business growth.

Commenting on the development, Mr. Bala Venckat Kutti, Promoter of Indowind Energy Limited,

said: “The proposed acquisition of an operational wind asset supports our objective of strengthening our renewable energy base. The potential repowering and hybridisation of the project provides opportunities to improve generation efficiency and long-term returns, in line with our growth strategy.”

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December 23, 2025
Shyam Dhani Industries Limited IPO opens on December 22, 2025
Left to right: Mr Ashok Holani – Director, Holani Consultants Private Limited, Mr Ramawtar Agarwal, Chairman & Managing Director, Mr Vithal Agarwal, Whole Time Director, Mr Ajay Kumar Sharm, a Chief Financial Officer

Mumbai (Maharashtra) [India], December 18: Shyam Dhani Industries Limited (The Company Shyam) is engaged primarily in manufacturing and processing varieties of spices under the brand ‘SHYAM’, proposes to open its Initial Public Offeringon Monday, December 22, 2025 aiming to raise ₹ 38.49 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

The issue size is 54,98,000 equity shares at a face value of ₹10 each with a price band of ₹ 65 – ₹ 70 Per Share.

Equity Share Allocation
- Anchor Portion – Up To 15,60,000 Equity Shares
- Qualified Institutional Buyer – Up To 10,44,000 Equity Shares
- Non-Institutional Investors – Not less than 7,86,000Equity Shares
- Retail Individual Investors – Not less than 18,28,000Equity Shares
- Market Maker – Up To 2,80,000 Equity Shares
The net proceeds from the IPO will be utilized for Funding the incremental working capital requirements, Repayment/Pre-Payment of certain outstanding borrowings,Brand Creation and Marketing Expenses, Capital Expenditure towards the purchase of new additional machineries to be installed at the existing manufacturing unit, Purchase and installation of Solar Rooftop Plant at the existing manufacturing unit and General Corporate Purposes. The anchor portion will open on Friday, Dec 19,2025 and the issue will open on Monday, Dec 22, 2025 and will close on Wednesday, Dec 24, 2025.

The Book Running Lead Manager to the Issue is Holani Consultants Private Limited, The Registrar to the Issue isBigshare Services Private Limited.

Mr. Ramawtar Agarwal, Chairman & Managing Director of Shyam Dhani Industries Limited expressed, “The launch of our Initial Public Offering marks a defining milestone in the growth journey of Shyam Dhani Industries Limited. Over the years, our Company has evolved into a diversified food processing sector, delivering varieties of spices under our flagship brand ‘SHYAM’, along with a wide portfolio of groceries, herbs, and seasonings tailored to India’s dynamic culinary preferences.

This IPO will provide strategic capital to reinforce our capabilities and accelerate the next phase of expansion. The proceeds will be utilized to enhance working capital, strengthen brand visibility, upgrade machinery at our existing manufacturing unit, and invest in a solar rooftop system. These initiatives will improve operational efficiency, expand capacity, and support sustainable value creation as we scale our presence across India and international markets.”

Mr Ashok Holani, Director of Holani Consultants Private Limited, said, “The Initial Public Offering of Shyam Dhani Industries Limited marks an important inflexion point for a company that has steadily built a remarkable presence in India’s fast-growing food processing segment. With a robust portfolio and an expanding range of groceries, herbs, and seasonings, the Company is well-positioned to leverage evolving consumer preferences and the rising demand for trusted home-grown brands.

The IPO will equip the company’s industries with the capital required to strengthen its operational backbone and drive the next phase of sustainable expansion. The proposed investments toward working capital, brand building, manufacturing upgrades, and renewable energy initiatives reflect a clear focus on scale, efficiency, and long-term value creation. We believe this public offering will further enhance the Company’s market position and support its ambition to grow across India and emerging global markets.”

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December 19, 2025