Category: Business

  • BE Hub Hosts ‘Enablers’ Roundtable & Networking Session’ to Strengthen Pune’s Startup Ecosystem

    BE Hub Hosts ‘Enablers’ Roundtable & Networking Session’ to Strengthen Pune’s Startup Ecosystem

    Pune (Maharashtra) [India], October 23: BE Hub, a startup accelerator initiative by Saturo Technologies, successfully hosted the “Enablers’ Roundtable & Networking Session” on Thursday, 16 October 2025, at BE Hub, Tower B, Terminal One, Hinjawadi, Pune. The event brought together ecosystem builders, innovation leaders, and academic experts to discuss how collaborative initiatives can power Pune’s growing innovation and startup ecosystem.

    The roundtable featured distinguished speakers, including:

    • Dr Prashant Iyer, Director, Ecosystem Development, Wadhwani Foundation
    • Dr Saptarishi Ghosh, CEO, Symbiosis Centre for Entrepreneurship & Innovation (SCEI)
    • Dr Santosh Darade, Associate Professor & Chief Operating Officer, CRIEYA, MIT ADT University
    • Prof. Bharat Oswal, Vice Chairman, JITO Incubation & Innovation Foundation (JITO IIF)**

    Adding to the depth of discussions, Mr Deepak Singh, CEO & Director of Saturo Technologies, shared his perspective on “Building India’s AI Corridors — Where Academia Meets Industry.” He emphasised the need for collaborative platforms that align academic innovation with real-world industry applications, positioning Pune as a critical hub in India’s AI-driven growth story.

    Each speaker offered unique insights on enabling scalable startups, bridging academia with industry innovation, and building a future-ready entrepreneurial ecosystem in Pune.

    The event was designed in an interactive format featuring 5-minute lightning talks, a moderated open discussion, and group synthesis of actionable insights. It concluded with a networking and partnership session over high tea, fostering new collaborations between ecosystem enablers, educational institutions, and startup accelerators.

    Mr. Jamsheed, Program Manager at BE Hub, expressed:

    “Our goal with this roundtable was to create a platform where thought leaders and innovation enablers can come together to share ideas, identify challenges, and shape actionable steps that strengthen Pune’s startup ecosystem.”

    As part of the Saturo Technologies ecosystem, BE Hub continues to foster entrepreneurship by providing startups with mentorship, funding access, workspace solutions, and go-to-market support — enabling founders to accelerate their growth journey.

    For more information about BE Hub and upcoming programs, visit www.behub.in or contact jamsheed@saturotech.com or +91 207 117 9633 ext 5

    About BE Hub

    BE Hub, powered by Saturo Technologies, is a startup accelerator platform designed to empower entrepreneurs through mentorship, funding, and collaborative ecosystem development. BE Hub also offers co-working spaces and community programs that help early-stage startups grow faster and smarter.

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  • ZeroB Named ‘Home Water Services Brand of the Year’ at the Fortune Leadership Awards 2025

    ZeroB Named ‘Home Water Services Brand of the Year’ at the Fortune Leadership Awards 2025

    New Delhi [India], October 23: When the Fortune Leadership Awards 2025 rolled out its red carpet, the spotlight didn’t just shine — it reflected. Off a glass of crystal-clear, purified water. ZeroB, India’s homegrown titan of clean water solutions, walked away with the title of ‘Home Water Services Brand of the Year’.

    Sixty Years, Zero Compromise

    In a market that loves buzzwords but often forgets consistency, ZeroB has quietly done the hard thing — built trust drop by drop. For over six decades, the brand has been synonymous with pure, safe, and healthy drinking water across Indian homes. It’s not just a product; it’s a promise that has weathered generations, leadership changes, and tech revolutions — and still stands crystal clear.

    This year, Fortune recognised that relentless commitment by naming ZeroB the ‘Home Water Services Brand of the Year’ — a title that cements its standing as India’s undisputed leader in household water management.

    Not Just Filters, But a Philosophy

    ZeroB’s philosophy, “Total Water Management,” isn’t marketing speak — it’s a full-blown operating system. The company treats every drop as an opportunity to protect, purify, and perfect. From installation to after-sales service, ZeroB’s network ensures that households don’t just drink cleaner water — they live cleaner lives.

    As Ojas P. Vora, National Service Head at ZeroB, puts it, “This award reflects our service family’s unwavering dedication to quality, care, and the trust our customers place in us. Every action we take is guided by our commitment to deliver pure, safe water and exceptional service to every home.”

    Innovation Is the Real Filter

    Innovation isn’t new to ZeroB — it’s practically their DNA. The brand was the first to introduce India’s RO (Reverse Osmosis) water purifier, setting a national benchmark for drinking water purity. Over the years, it’s gone from product innovation to lifestyle innovation, creating sustainable solutions for urban families, institutions, and industries that want water systems that just work.

    And that’s the real flex — ZeroB doesn’t chase trends; it builds systems that last.

    The Ion Exchange Edge

    As part of Ion Exchange (India) Ltd., one of Asia’s environmental management giants, ZeroB draws from a legacy of deep scientific expertise. Ion Exchange’s research backbone ensures ZeroB isn’t just selling purifiers — it’s advancing India’s water sustainability mission one system at a time.

    In a country where “pure water” can still be a privilege, ZeroB’s work hits closer to home — literally. Their products cater to Indian water conditions, which are as unpredictable as monsoon forecasts. The company’s focus on sustainability isn’t just about corporate checkboxes; it’s about ensuring the next generation has something worth filtering.

    From Recognition to Responsibility

    Awards are nice. But for ZeroB, this Fortune recognition isn’t a finishing line — it’s another checkpoint on a much bigger journey. As the brand continues expanding its service footprint across India, the focus remains on one mission: making safe, sustainable, and affordable water accessible to every Indian home.

    Because at the end of the day, water isn’t a luxury — it’s life. And ZeroB seems to be in the business of preserving it.

    India Context: Purity in a Water-Challenged Nation

    Let’s not sugarcoat it — India’s water crisis is real. Contaminated groundwater, urban scarcity, and outdated systems make safe drinking water one of the country’s most urgent public needs. Brands like ZeroB aren’t just part of the solution; they are the solution.

    In that light, this award isn’t just about corporate prestige. It’s a recognition that water safety — often ignored until it’s too late — deserves national attention.

    Trust, Technology, and a Touch of Humanity

    In an age of chatbots and automation, ZeroB still gets the basics right — empathy and accountability. Every service visit, every installation, every follow-up call reflects a philosophy that’s more human than mechanical. And that’s what makes its brand leadership mean something beyond awards — it builds relationships, not just revenue.

  • True Tourism XP Redefines Travel with Honesty and Human Touch

    True Tourism XP Redefines Travel with Honesty and Human Touch

    Surat (Gujarat) [India], October 23: In a world drowning in “exclusive” offers, “limited-time deals,” and hidden asterisks, True Tourism XP is doing something refreshingly radical — telling the truth.

    Founded by Shivendra Saxena, this Surat-born travel company isn’t promising five-star illusions or algorithm-crafted itineraries. It’s bringing back trust — the one thing technology forgot while chasing convenience.

    At its core, True Tourism XP is built on one simple, powerful principle: Scam-Free Travel. No hidden costs, no vague inclusions, no post-booking surprises that make your vacation feel like a corporate audit. Every journey they design — whether it’s for a solo wanderer or a corporate retreat — is mapped out with precision, transparency, and a deeply human touch.

    And yes, they actually mean it.

    Clarity Over Complexity

    While the rest of the industry races to automate, True Tourism XP takes a pause — to talk, listen, and plan. They don’t call themselves a booking site because they aren’t one.

    Instead, they’re your travel planning partners — curating every journey end-to-end, with everything discussed and verified before you even pack your bags.

    Their process feels old-school in the best way: direct communication, real people, and zero fluff. Every trip includes a written breakdown of inclusions, payment terms, and refund policies. Translation: you’ll never have to squint at fine print or decode “T&C apply.”

    As their brand motto puts it:

    “No fluff. No fraud. Just true travel.”

    It’s not a tagline. It’s a system — and a statement against the smoke-and-mirrors culture that’s infected travel tech.

    Human Touch Over Automation

    In an era where AI chatbots plan your next trip and faceless apps decide your “dream vacation,” True Tourism XP is betting on something wilder — actual humans.

    Every journey is curated by consultants who handle the full process — from verified local partners to real-time coordination. Founder Shivendra Saxena calls this “bringing humanity back to travel.”

    In his words:

    “We’re not competing with OTAs. We’re reminding travellers what they forgot — that trust isn’t optional. True Tourism XP exists to keep travel honest and human.”

    The team doesn’t just match itineraries; they manage experiences. They stay in touch, check in before and during travel, and make sure everything delivered is exactly what was promised — no tech excuses, no passing the buck to algorithms.

    This is what most platforms can’t replicate — accountability.

    Skip Cheap Trips, Choose Real Memories

    Here’s the part where True Tourism XP breaks another norm: they don’t sell “cheap deals.”

    Their message is unapologetic — skip the bargains, invest in memories.

    Each itinerary is personalised, verified, and transparent to the last detail. Clients receive documented confirmations of every commitment — hotels, transfers, activities, even timing. It’s the kind of meticulous clarity that saves you from mid-trip meltdowns and shady surprises.

    Their client base? Largely word-of-mouth. When a company doesn’t rely on flashy ad campaigns, it means its customers are doing the talking. And apparently, they’re saying all the right things.

    Authenticity, it seems, is contagious.

    Redefining Travel Integrity

    Let’s be real — travel has become a business of speed, not sincerity. Platforms promise “best rates” and “instant bookings,” while often burying essentials in fine print. True Tourism XP takes the opposite route: slow it down, do it right, and make it real.

    They’re not fighting aggregators; they’re redefining expectations. Their goal isn’t volume. Its value.

    By managing every trip offline — via conversation, verification, and documentation — they’re bringing back the balance between convenience and conscience.

    This isn’t nostalgia; it’s evolution in reverse — the good kind.

    Because when your holiday depends on trust, shortcuts don’t cut it.

    The Future of Honest Travel

    Travel isn’t broken — just bloated. Somewhere between algorithmic upselling and influencer itineraries, we lost the magic of genuine discovery. True Tourism XP is quietly rebuilding that, one honest trip at a time.

    Their approach reminds us that “personalization” doesn’t come from data mining — it comes from listening. That peace of mind isn’t a luxury add-on; it’s the foundation.

    In short, True Tourism XP isn’t selling vacations. It’s selling clarity, confidence, and calm — the real luxury of modern travel.

    So the next time your feed dangles a “once-in-a-lifetime” offer that expires in five minutes, take a breath. There’s another way to travel — one that’s scam-free, human, and actually worth remembering.

    About True Tourism XP

    True Tourism XP is a Surat-based travel company founded by Shivendra Saxena, dedicated to transparent, scam-free travel. It offers curated group holidays, solo escapes, family vacations, and corporate journeys — all handled with clarity, accountability, and personal involvement.

    Website: https://truetourismxp.in/
    Email: explore@truetourismxp.in
    Phone: +91 7874237109

  • Aditya Ultra Steel Bags 4,545-Tonne Order Worth INR 20 Cr from Distributor Network During Diwali Period

    Aditya Ultra Steel Bags 4,545-Tonne Order Worth INR 20 Cr from Distributor Network During Diwali Period

    Rajkot (Gujarat) [India], October 23:Aditya Ultra Steel Limited, (NSE Code: AUSL), a Gujarat-based manufacturer of high-quality TMT bars catering to the construction and infrastructure sectors, announced that it has booked cumulative orders of 4,545 tonnes from its distributors during the Diwali period. The total order value stands at approximately ₹20 Cr.

    The orders were received across the company’s established network of distributors and dealers, marking a significant festive season milestone and reinforcing its strong market presence within Gujarat’s construction and infrastructure sectors.

    The company has built a strong foothold in the Saurashtra and Kutch regions, particularly in Tier 2 and Tier 3 markets. Its growth is supported by dealer incentive schemes and engagement programmes designed to enhance channel participation and strengthen distribution reach.

    Aditya Ultra Steel leverages its in-house logistics infrastructure through a fleet of 26 company-owned trucks, enabling multi-location dispatches within 24 hours, even for small-volume orders. This operational advantage contributes to high dealer satisfaction and consistent reorder momentum.

    The company maintains over 85% utilisation of its installed capacity, supported by initiatives in furnace optimisation, automation, and process refinement that ensure product consistency and cost efficiency.

    The strong festive season order inflow contributes to Aditya Ultra Steel’s steady business momentum in FY26, further consolidating its position as a key supplier in Gujarat’s growing construction and infrastructure market.

    On the receipt of the order, Mr. Sunny Singh Chairman & Managing Director of Aditya Ultra Steel Limited said“We are pleased with the strong order inflow of 4,545 tonnes during the Diwali period, reflecting the continued confidence of our distributor network and the growing demand for our high-quality TMT bars across Gujarat. This festive season performance underscores the success of our dealer engagement initiatives, efficient in-house logistics, and focus on consistent product quality.

    With our operational efficiency, sustainable manufacturing practices, we remain committed to strengthening our market position in Gujarat and neighbouring states. We will continue to leverage our regional footprint and customer-centric approach to support India’s evolving construction and infrastructure landscape.”

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  • Bhageria Industries Reports Stellar 83 Percent YoY Growth in Net Profit for H1 FY26

    Bhageria Industries Reports Stellar 83 Percent YoY Growth in Net Profit for H1 FY26

    Mumbai (Maharashtra) [India], October 23: Bhageria Industries Limited (BHAGERIA | NSE: INE354C01027), a diversified chemical manufacturer engaged in dyes, intermediates, specialty chemicals, and solar power generation catering to both domestic and export markets, has announced its Unaudited Q2 and H1 FY26 results.

    Key Financial Highlights

    Consolidated
    Particulars ( Cr) Q2 FY26 Q2 FY25 YoY H1 FY26 H1 FY25 YoY
    Total Income 206.02 132.41 55.59% 369.99 249.59 48.24%
    EBITDA 24.74 16.88 46.58% 48.91 33.11 47.72 %
    Net Profit 11.47 6.39 79.68% 22.36 12.20 83.28%
    Net Profit Margin % 5.57% 4.82% 75 Bps 6.04% 4.89% 116 Bps
    EPS (₹) (Diluted) 2.70 1.50 80% 5.28 2.86 84.62%

    Commenting on the Results, Mr. Suresh Bhageria, Chairman of Bhageria Industries Limited, said: 

     “We are delighted to report a strong performance for Q2 and H1 FY26, marked by healthy growth in revenue and profitability driven by operational efficiency and an improved product mix. The H-Acid capacity expansion and the launch of plasticizers and ethoxylates are important strategic steps that will start contributing meaningfully in the coming quarters. With a reaffirmed credit rating, robust balance sheet, and steady demand outlook, we remain confident of maintaining our growth momentum and delivering sustained performance ahead.

    Key Recent Business Highlights

    Credit Rating
    • CARE Ratings reaffirmed Bhageria Industries’ long-term and short-term bank facilities at CARE A; Stable / CARE A1 for a total amount of 91 crore.
    Capacity Expansion
    • Expanding H-Acid capacity from 400 MT/M to 500 MT/M at Tarapur, expected to add 5055 crore in annual revenue.
    Product Launch
    • Commenced production of Plasticizers & Ethoxylates at Tarapur, marking Bhageria’s entry into polymer additives for PVC, cable, flooring, footwear and automotive component use.

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  • Jayesh Logistics Limited Announces IPO to Expand Integrated Logistics and Supply Chain Solutions Across India

    Jayesh Logistics Limited Announces IPO to Expand Integrated Logistics and Supply Chain Solutions Across India

    Mumbai (Maharashtra) [India], October 23: Jayesh Logistics Limited (“JLL”), an integrated logistics and supply chain management company headquartered in Kolkata, announces the launch of its Initial Public Offering (IPO) to raise up to ₹28.63 crore. The proceeds will be utilised to strengthen its owned fleet, expand warehousing and smart logistics infrastructure, and meet working capital requirements.

    The IPO opens for Anchor Investors on October 24, 2025 (Friday), with the Bid/Issue Period opening on October 27, 2025 (Monday) and closing on October 29, 2025 (Wednesday). The price band has been fixed at ₹116 to ₹122 per equity share with a lot size of 1,000 equity shares and in multiples of 1,000 thereafter.

    The equity shares are proposed to be listed on the Emerge platform of NSE, with a tentative listing date of November 03, 2025.

    Issue Structure and Details

    The offering comprises a Fresh Issue of 23,47,000 equity shares of face value ₹10 each, aggregating up to ₹28.63 crore. There is no Offer for Sale (OFS) component.

    Issue Type: 100% Book Built Issue

    Face Value: ₹10 per equity share

    Price Band: ₹116 – ₹122 per equity share

    Lot Size: 1,000 equity shares and in multiples of 1,000 thereafter

    Book Running Lead Manager: Indcap Advisors Private Limited

    Registrar to the Issue: KFin Technologies Limited

    Market Maker: Giriraj Stock Broking Private Limited

    Utilisation of IPO Proceeds

    The funds raised will be utilised for:

    • Funding the expenditure towards the purchase of side wall trailers
    • Funding the working capital requirements
    • General Corporate Purposes

    IPO Allotment & Investor Reservation

    • Not more than 50% of the Net Issue shall be allocated to Qualified Institutional Buyers (QIBs).
    • Not less than 15% of the Net Issue shall be available for Non-Institutional Investors (NIIs).
    • Not less than 35% of the Net Issue shall be reserved for Individual Investors (Retail).

    The basis of allotment is expected to be finalised on October 30, 2025, and the shares are expected to be credited to investors’ demat accounts shortly thereafter.

    Business & Key Highlights

    Founded in 2011, Jayesh Logistics Limited is a rapidly growing player in India’s logistics and supply chain management sector, offering freight transportation (road and rail), truck forwarding (TFN), customs clearance, loading and unloading, and heavy machinery on hire. The company serves over 200 clients across key industries, including iron and steel, cement, construction machinery, and infrastructure.

    With an owned fleet of 95 heavy material and cargo handling trucks, complemented by a vast network of third-party transporters, Jayesh Logistics ensures operational efficiency and reliability in freight movement. The company has strong operational dominance in Eastern India, especially in the Nepal logistics, and has been honoured with the Transporter of the Year Award by EXIM India Shipping Times for five consecutive years: 2019, 2020, 2023, 2024, and 2025.

    Strong Financial Growth:

    The Company delivered a strong performance, with Revenue from Operations of ₹2,519.72 Lakhs for Apr–June’25 and ₹11,188.21 Lakhs for FY25, EBITDA of ₹430.06 Lakhs and ₹1,692.97 Lakhs, and PAT of ₹201.92 Lakhs and ₹719.74 Lakhs respectively, reflecting healthy operational and financial growth.

    1. Pan-India Network: Operating through a mix of owned and leased fleets, the Company has logistics hubs across key locations including Durgapur, Haldia, Kolkata, and Siliguri, with operations extending across the India–Nepal and Nepal hinterland.
    2. Technology-Driven Efficiency: Advanced fleet management and tracking systems for real-time visibility, route optimisation, and enhanced delivery reliability.
    3. Experienced Promoter: Led by promoters Sanjay Kumar Kundaliya, Navita Kundaliya, Bishnu Kumar Bajaj, Rashmi Bajaj, Rishi Maheshwari, and RHMB India Pvt. Ltd., the management brings over a decade of experience in logistics and trade.
    4. Future-Focused Strategy: Expansion into multimodal transport solutions, integration of warehousing automation, and sustainable logistics practices.

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  • Mangalam Industrial Finance Limited Announces Rights Issue Opening on October 27, 2025

    Mangalam Industrial Finance Limited Announces Rights Issue Opening on October 27, 2025

    Mumbai (Maharashtra) [India], October 23: Mangalam Industrial Finance Limited (The Company, MIFL) is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India, engaged in lending and investment activities, open its Rights Issue on Monday, October 27, 2025, aiming to raise ₹ 48.08 Crore.

    The issue size is 48,08,21,750 equity shares at a face value of ₹ 1 each with an Issue Price of ₹ 1 Per Share.

    Rights Issue details:

    Right Issue Price –  1 Each Share

    Right Issue Size –  48.08 Crore

    Right Entitlement – 1 Shares for every 2 shares held

    • Renunciation of RE – 27th Oct, 2025 – 31st Oct, 2025
    • Record Date – 23rd Sept, 2025
    • Rights Issue Closes – 07th Nov, 2025

    The net proceeds from the Rights Issue will be used to augment its capital base and provide funding requirements to expand its operational scale in relation to its NBFC activities.

    Mr. Venkata Ramana Revuru, Chairman & Managing Director of Mangalam Industrial Finance Limited expressed, “As we continue our journey of growth and innovation, our focus remains on delivering financial solutions that strengthen our customers and drive sustainable progress. Over the years, we have nurtured strong, long-term relationships built on trust, transparency, and consistent customer satisfaction. Our growing emphasis on electric vehicle financing, business and personal loans, and other lending solutions reflects our commitment to fostering sustainable development and contributing to India’s transition toward a cleaner and more resilient economy.

    The net proceeds from the Rights Issue will be utilized to enhance our financial capacity and meet the growing funding requirements of our expanding NBFC operations. This capital infusion will enable us to enhance our scale, diversify our lending portfolio, and reinforce our position as a trusted financial partner dedicated to sustainable and responsible growth”

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  • TFCIL Targets INR 2,000 Cr Disbursement In FY26; Expands Into Hospitality, Real Estate, And MSME Solar Financing

    TFCIL Targets INR 2,000 Cr Disbursement In FY26; Expands Into Hospitality, Real Estate, And MSME Solar Financing

    Mumbai (Maharashtra) [India], October 23: Tourism Finance Corporation of India Limited (TFCIL) Managing Director & CEO Anoop Bali announced a major strategic expansion in the company’s lending portfolio, focusing on hospitality, real estate, and MSME solar financing within the tourism ecosystem.

    Highlighting the company’s growth trajectory, Bali revealed that TFCIL is targeting ₹2,000 crore in disbursements for FY26, backed by robust demand in hotel and real estate funding. He noted that while hospitality remains TFCIL’s core vertical, exposure to the sector (currently ~65%) will gradually be diversified to around 50% by FY27 through increased participation in real estate and MSME lending.

    “As travel and tourism rebound, we see strong opportunities in financing hotel infrastructure and sustainable projects. Our MSME solar financing and proposed tourism-focused Alternative Investment Fund (AIF) will support green energy adoption and strengthen the tourism value chain,” said Bali.

    TFCIL’s solar lending strategy will target solar installations across hotels, resorts, and ancillary MSMEs such as restaurants and tourism services—tapping into drivers of sustainability and cost efficiency while broadening its asset mix.

    With urbanisation driving mixed-use real estate and work-from-office transitions, TFCIL is positioning itself as a key NBFC enabler for hospitality-led real estate and renewable infrastructure.

    Bali added that continuous asset-quality vigilance will remain a core priority as the company expands into new sectors, ensuring prudent credit assessment and NPA monitoring.

    “This pivot marks TFCIL’s evolution from a legacy tourism lender into a diversified financial institution supporting India’s broader infrastructure and MSME ecosystem,” he said.

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  • AVP Infracon Limited – H1 FY26 Business Update

    AVP Infracon Limited – H1 FY26 Business Update

    Mumbai (Maharashtra) [India], October 23: AVP Infracon Limited, a leading infrastructure development company with over 15 years of execution excellence, delivered its best-ever half-year performance in H1 FY26, marking a defining milestone in its growth journey. The company has grown exponentially post-IPO, supported by strong project execution, disciplined bidding, and diversification into new sectors.

    The period was marked by multiple high-value project wins across Tamil Nadu and other states, along with continued operational expansion, reinforcing AVP’s position as one of India’s India’s emerging EPC players.

    Performance Highlights

    • H1 FY26 marks the best-ever half-year performance in the company’s history.

    • Standalone turnover doubled in H1 FY26 compared to H1 FY25, driven by robust execution and efficient project management.

    • The growth reflects AVP’s continued focus on stakeholder wealth maximization, market expansion, and meeting infrastructure demand across its core business segments.

    • Strong operational momentum supported by disciplined bidding, on-time delivery, and diversification into solar and private sector EPC projects.

    Healthy Order Book and Pipeline

    • Order Book (as of 30 Sept 2025): Approx ₹300 Cr (unexecuted value)

    • Bid Pipeline: ₹1500- 2000 Cr worth of projects under evaluation

    • Execution Visibility: 18–24 months with strong H2 ramp-up expected

    Robust Order Inflow

    During the first half of FY26, AVP Infracon Limited recorded a robust order inflow of ~₹124 Cr, securing five major infrastructure contracts across highways, bridges, and industrial projects. The wins underscore AVP’s execution strength and its reputation as a trusted EPC partner for government and institutional clients.

    Key Orders Secured in H1 FY26:

    • ₹39.02 Cr – Performance-based maintenance contract for highways (C&M Tanjore) from KCP Infra Limited

    • ₹16.23 Cr – Construction of a Road Over Bridge between Singanallur–Peelamedu for Highways NABARD & Rural Roads Circle, Salem

    • ₹33.34 Cr – Infrastructure development for South Parcel (OSBL) at Mappedu Multi-Modal Logistics Park from Reliance Mappedu MMLP Limited

    • ₹10.63 Cr – Strengthening and overlaying works along NH-83 (Thanjavur–Trichy section) awarded by NHAI, Madurai

    • ₹24.61 Cr – Creation of infrastructure facilities at SIPCOT Industrial Park, Manaparai from SIPCOT

    Collectively, these orders expand AVP’s sectoral footprint in road, bridge, and industrial infrastructure projects, strengthening its visibility across Tamil Nadu’s key development corridors and paving the way for future expansion into new regions.

    Warrant Issue to Strengthen Promoter Confidence

    The Company also approved the issue of 20,00,000 convertible warrants at ₹200 each, aggregating ₹40 Cr.

    • 75% (15,00,000 warrants) allocated to Mr D. Prasanna, Promoter

    • 25% (5,00,000 warrants) to five non-promoter investors

    This reflects strong promoter commitment and external investor confidence in AVP’s long-term vision.

    Future Direction

    Geographical Expansion Beyond Tamil Nadu

    AVP plans to strategically expand its operations into other states, targeting 25–30% of FY26 revenue from outside Tamil Nadu while maintaining existing profit margins through selective, conservative bidding.

    Margin and Working Capital Discipline

    Management reiterated its intent to maintain FY25-level, even as the company scales operations and enters new states. The working capital strategy timely supplier payments and cost efficiency—is expected to support sustainable profitability.

    Accelerating Solar EPC Business

    Launched in January 2025, AVP’s solar EPC division is actively building capabilities and bidding for larger projects to establish this as a long-term growth vertical.

    Selective Foray into Private and PSU Projects

    Currently focused on government contracts, AVP plans to enter the private infrastructure and industrial construction space from FY27 onwards offering turnkey civil, steel, and road infrastructure solutions for manufacturing and industrial clients.

    Commenting on the performance during the H1 FY26, Mr. Prasanna Dhandayuthapani, MD of AVP Infracon Limited, said, “The first half of FY26 marks the best-ever performance in AVP’s history, driven by strong project execution, disciplined bidding, and diversification across sectors. We achieved double the standalone turnover compared to the same period last year, reflecting our continued focus on stakeholder value creation, market expansion, and meeting infrastructure demand across key business segments. This milestone period also saw us strengthen our order book and expand into new regions. With a robust project pipeline and sustained operational excellence, we are confident of achieving our FY26 revenue guidance while maintaining profitability. Our focus remains on executing projects with precision, expanding beyond Tamil Nadu, and building a more diversified and resilient infrastructure enterprise.”

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  • Hafele Profin Aluminium Profile Range Redefines Modern Kitchens with Stack Modular Shelving

    Hafele Profin Aluminium Profile Range Redefines Modern Kitchens with Stack Modular Shelving

    New Delhi [India], October 17: In today’s fast-evolving urban lifestyle, kitchens are no longer hidden behind closed doors. They have transformed into the heart of the home, a space where cooking meets conversation, and where boundaries between living and dining blur. As city living embraces compact and integrated spaces, Hafele introduces an innovation that is set to redefine kitchen aesthetics and utility, the Profin Range of Aluminium Profiles.

    At the forefront of Hafele Profin range is Stack Modular Shelving, a bold departure from conventional cabinetry. This emerging concept celebrates open shelving as a design statement, transforming kitchens into curated living galleries. Enclosed storage gives way to open spaces that double as display stages, showcasing exquisite kitchenware, artful décor, or personal treasures, turning everyday storage into an expression of style.

    Hafele’s Stack Modular Shelving profiles are precision-engineered masterpieces, marrying elegance with robust functionality. Crafted with advanced technology and flawless finishes, these profiles promise not only strength and stability but also seamless integration with any living concept. Whether used for floor-standing shelves, wall-mounted units, or even coffee tables, Stack Modular Shelving blends practicality with a design-forward sensibility that elevates the entire room.

    The Profin Range comes in a palette of six contemporary finishes: Silver, Graphite, Gold, Rose Gold, Dark Bronze, and Matt Black. Whether enhancing the sleek drama of a dark kitchen or adding a metallic flourish to a neutral scheme, these finishes turn profiles into design highlights. Used in contrast, they become striking embellishments that transform shelving into a visual focal point, enhancing both function and décor.

    The Stack Modular Shelving range isn’t just about profiles, it’s about creating an experience. With this Profin Range, Hafele reimagines kitchen living, making every home a canvas for creativity.

    Customer Care Toll Free: 1800 266 6667, or Customer Care WhatsApp: +91 97691 11122

    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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