Category: Business

Surat (Gujarat) [India], September 30:  NNM Group and Munish Forge Limited – a leading company in the casting and forging sector with a remarkable contribution to the defense industry and exports to countries including the UK and US – is bringing a special opportunity for investors in Surat through its upcoming Initial Public Offering (IPO).

The company’s IPO anchor book will open on September 29, 2025, while applications for the general public will be accepted from September 30, 2025. The IPO will close on October 3, 2025, and the shares will be listed on October 8, 2025. A total of 77,00,400 shares will be offered at a price band of ₹91 to ₹96 per share, through which the company expects to raise ₹73.92 crore.

To mark this, an Investors’ Meet was organized in Surat on Sunday.

Speaking at the event, Nikunj Mittal of NNM Securities Pvt. Ltd., the promoter and market maker of Munish Forge Limited, invited investors to participate in this attractive opportunity. Considering Surat as a hub of smart entrepreneurs and investors, the company organized the Investors’ Meet on September 28 at T.G.B Hotel. At the event, investors were given detailed insights into the company’s growth, promoters, and future plans.

Dev Arjun Bhasin, Director and Promoter of Munish Forge Limited, Ludhiana, said that with the government’s increasing focus on the defense sector and regulatory changes, there are bright growth prospects ahead. This will benefit not just the company but also its investors.

Devendra Bhasin, Managing Director of Munish Forge Limited, said that since its establishment in 1986, the company has been progressing steadily. Along with significant contributions in the defense sector, it has been exporting to the UK, US, and other countries. Keeping Surat’s wise investors in mind, the IPO is being launched here. He expressed confidence that the IPO will receive an enthusiastic response from investors.

At the Investors’ Meet, attendees were given detailed information about the company’s strong growth, its important role in the defense sector, and its success in the global export market. NNM Group and Munish Forge Limited invited investors to participate in the IPO and become part of the company’s success story.

Mumbai (Maharashtra) [India], September 30: FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB Ltd.), along with other global network organisations, is pleased to announce the ninth annual World Financial Planning Day (WFPD), taking place on 8 October 2025. This global event leverages the talents and skills of more than 230,000 CFP® professionals worldwide, including 3,215 CFP® professionals in India, to highlight the pivotal role financial planning plays in empowering people to take control of their financial well-being. World Financial Planning Day also coincides with the International Organization of Securities Commissions (IOSCO) World Investor Week (WIW) from 6 to 12 October 2025.

As part of these global celebrations, FPSB India will kickstart the celebrations with the Bombay Stock Exchange (BSE) with a Bell Ringing Ceremony at the BSE, Mumbai premises. It’s symbolic of FPSB India’s commitment to supporting FPSB Ltd.’s worldwide efforts in promoting financial literacy and empowering individuals to build financially resilient futures.

“Celebrated across continents, World Financial Planning Day shines a spotlight on the power of financial planning and of working with a financial planner who has committed to rigorous standards of professionalism and to putting clients’ interests first,” said FPSB CEO Dante De Gori, CFP®. “FPSB’s Value of Financial Planning Global Consumer Research shows people who work with a financial planner, like a CFP® professional, report a higher quality of life, more financial confidence and resilience, and more financial satisfaction – World Financial Planning Day is the perfect occasion for everyone to discover why.”

Last year, the campaign achieved an estimated global audience reach of more than 580 million people through financial education events and campaigns across 20 territories around the world united to celebrate World Financial Planning Day. Building on last year’s success, the 2025 WFPD campaign in India will include a variety of digital campaigns including social media awareness programs about the importance of financial wellbeing and futuristic outlook on investments; financial educational events with academia and industry; communication and outreach campaigns focusing on life goals such as financial planning for a child’s education, marriage, buying a home, parenthood, retirement planning, and more.

“Around the world, our network of organizations and CFP® professional community are uniting with a shared purpose – to empower people to take control of their financial well-being, now and in the future. Through coordinated financial education events and outreach efforts, we are championing the value of financial planning and helping individuals make confident, informed decisions that lead to better lives,” added De Gori. “We look forward to hosting our ninth annual World Financial Planning Day, alongside IOSCO’s World Investor Week, to raise awareness of the wide-ranging benefits of financial planning.”

Learn more about World Financial Planning Day activities taking place in India on FPSB India’s LinkedIn handle here

Learn more about World Financial Planning Day at worldfpday.org.

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Mumbai (Maharashtra) [India], September 30:Veefin Solutions Limited(BSE: VEEFIN | 543931), Veefin Solutions Limited (“Veefin” or “the Company”) today announced that its Board of Directors has approved a Scheme of Arrangement and Amalgamation involving its subsidiaries, GlobeTF Solutions Limited (“GSL”) and Estorifi Solutions Limited (“ESL”). The Scheme, subject to customary approvals from shareholders, creditors, and regulators including BSE, SEBI, and NCLT, proposes the merger of GSL and ESL into Veefin, with equity shares issued to their shareholders.

In a move that sets this transaction apart, Veefin’s Promoters have voluntarily chosen to relinquish 21 lakh shares approximately valued at ₹83 crores (as per closing price on 29^th September, 2025) at Nil consideration. This decision reflects a clear commitment to strengthening governance, aligning interests with minority shareholders, and broadening the foundation of long-term investor value.

Commenting on the development, Raja Debnath, Chairperson and Managing Director of the Veefin Group said: “Unifying ESL’s PSBXchange and GlobeTF’s transaction banking platform within Veefin puts every capability and the revenue it generates under one roof, enabling one contract, one onboarding, and one data layer for our customers. This clarity of structure improves cross-sell, simplifies pricing, and focuses our capital on innovation. It’s a decisive step towards our mission of building the world’s largest working-capital technology ecosystem.”

Gautam Udani, Co-Founder & COO, Veefin Group said: “The decision to relinquish a portion of promoter ownership reflects our commitment to the long-term value of our shareholders. By reducing concentration, we are ensuring that the value created at Veefin is distributed equally, so that every stakeholder will always grow as the company grows.”

The amalgamation will give Veefin a simplified structure, stronger balance sheet, and greater operational scale. With promoters relinquishing equity to broaden investor alignment, the Company is positioned to accelerate growth, expand its fintech offerings, and deliver sustained value to shareholders. The realignment underscores a simple message: Veefin’s growth will always be shared growth

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Mumbai (Maharashtra) [India], September 30: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART) a diversified retail and food processing company, today announced the opening of its 46th store – Patel’s R Mart – in Kalyan. Located in the Yogi Dham area, this marks the company’s 7th store in Kalyan, further consolidating its presence in one of the region’s fastest-growing suburban markets.

The Kalyan store is designed to serve the rapidly growing residential communities in and around Yogi Dham, the outlet offers customers easy access to a wide range of household essentials, fresh produce, and grocery items. Its strategic location ensures convenience for families in the neighbourhood, making quality retail available closer to their doorstep.

The addition of this store strengthens Patel Retail’s retail footprint in the Mumbai Metropolitan Region. By tapping into the strong consumer base of Kalyan, the company expects the outlet to generate healthy footfalls and incremental revenues. As the 46th store in the chain, it further enhances Patel Retail’s expansion strategy and supports its long-term vision of becoming a leading value retail player across Western India.

Commenting on the development, Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, said: “Our journey has always been about making everyday essentials accessible, affordable, and reliable for Indian households. The launch of our new store in Kalyan enables us to directly serve the growing residential communities in this region with convenience, variety, and value pricing.

By expanding into this high-potential market, we not only strengthen our presence in key markets like Maharashtra but also reinforce the trust our customers place in us. The successful listing of Patel Retail earlier this year has given us the platform to accelerate expansion, and we remain committed to building scale, delivering value, and shaping Patel Retail into a leading name in India’s value retail landscape.”

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New Delhi [India], September 30: Under the banner of Aman Tea Group, Chaichun and Okayti—two of India’s leading tea brands—successfully concluded their participation at World Food India 2025, presenting not only their finest teas but also a bold vision for the future of the Indian tea industry.

The four-day event became a platform to showcase how India’s rich tea legacy can be reimagined for tomorrow. The gracious presence of Shri Chirag Paswan, Hon’ble Minister of Food Processing Industries, added significance, as he underlined the importance of tea as both a cultural symbol and a global opportunity. His support reaffirmed the government’s commitment to innovation and expansion in food and agriculture, with tea at the heart of this transformation.

Reflecting on the event, Rajeev Baid, Founder & Managing Director, Aman Tea Group, shared that tea is not just a beverage, but a symbol of culture, community, and India’s agricultural heritage. He reiterated the Group’s mission to make tea relevant for the next generation, to spark curiosity among young consumers, and to position Indian teas globally as premium, sustainable, and timeless offerings.

Through Chaichun, with its wide collection of over 165 blends crafted to suit every taste and occasion, and Okayti, known worldwide for its organic single-estate Darjeeling teas, Aman Tea Group demonstrated how heritage and modernity can come together in a single cup. Adding to the festive spirit, the Group also introduced its exclusive festival gift packs, created to share the joy of tea with families, friends, and corporate circles during the season.

World Food India 2025 was not just about showcasing teas—it was about opening a larger dialogue on the future of Indian tea. Aman Tea Group’s vision is clear: to shift the global narrative from India being recognized only for tea volumes to being celebrated for its unmatched quality, diversity, and cultural richness. By educating youth, embracing sustainability, and engaging with global audiences, Aman Tea Group is determined to ensure that Indian tea continues to inspire and thrive on the world stage.

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Dubai [UAE], September 27: SuperStable, a fintech startup founded by serial entrepreneur Siddharth (Sid) Pillai, has processed more than USD 45 million in cross-border payments within six months of launching operations. Established in September 2024, the company is building a payments network that uses stablecoins for speed and efficiency while maintaining strict regulatory standards.

SuperStable addresses the high costs and delays of moving money internationally by combining blockchain settlement with compliance systems familiar to banks and regulators. Its rails already support key corridors such as the US, UAE, UK, and Southeast Asia, and are being used by exchange houses, fintech firms, and remittance partners.

Sid, who previously sold a payments startup to Klarna, brings experience from the U.S., the Middle East, and Asia. “The opportunity is clear: businesses and migrant communities need faster, cheaper, and reliable cross-border payments. Our focus is on building that bridge responsibly, and integrate existing financial rails seamlessly with blockchain technologies” he said.

The company has formed partnerships with exchange houses and fintech providers and is integrating with Circle, Ripple, and other blockchain networks to broaden settlement options. SuperStable is also working with government bodies in Japan and Cambodia on cross-border trade initiatives and payment infrastructure projects.

Alongside its B2B rails, the company is developing a consumer-facing wallet brand, Plu Money, which offers non-custodial payments and a utility token (PLU$) for everyday use.

Pillai has also represented the company at major fintech events, including Token2049, Money2020, and FinAccelerate San Francisco, highlighting SuperStable’s approach to compliance-led blockchain payments.

With a multi-chain architecture spanning Ethereum L2s, Tron, and Hedera, and features such as T+1 credit facilities and real-time FX quoting, SuperStable is positioning itself as a new infrastructure layer for international payments.

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Chennai (Tamil Nadu) [India], September 29: SEPC Limited (NSE: SEPC | BSE: 532945), one of the leading Engineering, Procurement, and Construction (EPC) company with a diversified presence across Water & Municipal Services, Roads, Industrial Infrastructure, and Mining sectors, announced that it has secured a major international work order from Avenir International Engineers and Consultants LLC, Abu Dhabi, for providing engineering services across various ADNOC projects.

The order, valued at AED 13.5 million (approx. ₹32.63 Cr), marks an important addition to SEPC’s growing portfolio. The execution schedules and timelines will be provided by the awarding entity.

Strengthening Business Capabilities

SEPC continues to expand its presence across water management, industrial infrastructure, roads, and mining. The company has built a proven record in delivering projects of scale and complexity, supported by its technical expertise and execution capabilities.

Recent Domestic Order Adds to Growth

In August 2025, SEPC was awarded a ₹442.8 Cr contract by the Irrigation, Generation, Water Resources Department, Delhi, for the execution of the Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme in Kaimur district, Bihar.

Together, these contracts highlight SEPC’s progress in strengthening its order book, diversifying across domestic and international markets, and reinforcing its overall growth momentum.

Commenting on the development Mr. Venkataramani Jaiganesh, Whole Time Director of SEPC Limited, said: “This international work order from Avenir LLC for ADNOC projects reflects the trust placed in SEPC’s engineering capabilities. Coming soon after our ₹442.8 Cr irrigation project win in Bihar, it demonstrates the continued momentum in our order inflows, both in India and abroad. We remain committed to delivering every project with precision, timeliness, and quality. These wins give us the confidence to further strengthen our presence across key sectors and geographies.”

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Mumbai (Maharashtra) [India], September 29: Bodhi Tree Multimedia Ltd (NSE: BTML | BSE: 543767 | INE0EEJ01023), one of India’s leading content production houses, announced signing of a Memorandum of Understanding (MoU) with Amit Khan Content Hub (AKCH), the creative venture founded by celebrated novelist Amit Khan. The partnership will jointly develop and produce premium content across television and OTT platforms.

A Synergy of Strengths

This collaboration brings together BTML’s proven capabilities in financing, operations, and large-scale content production with AKCH’s creative vision and storytelling expertise. Together, the two companies offer:

• BTML’s strengths in production scale, operational execution, financing acumen, and network access.
• AKCH’s legacy of storytelling, prolific literary and screen work, and a loyal reader base.
• A shared commitment to deliver original narratives that balance mass appeal with creative depth, offering audiences compelling entertainment experiences.

Partnership Structure

• A Special Purpose Vehicle (SPV) will be formed, with BTML holding a majority stake.
• BTML will spearhead financing, strategic partnerships, and operations.
• AKCH will lead creative development, production execution, and business development initiatives.

About Amit Khan

Born in 1972 in Pilkhuwa, Ghaziabad, Amit Khan published his first story at 12 and his first novel at 15. Over a prolific career, he has authored 100+ novels, along with short stories and episodic works. His writings have been translated into multiple languages, including English, Punjabi, and Marathi.

He is best known for creating the Commander Karan Saxena series — a landmark in Hindi pulp fiction — which spans 58 novels and remains one of the most popular literary franchises in India.

Future Roadmap

• Developing a slate of original projects across TV and OTT.
• Combining rich storytelling with strong production values.
• Targeting both domestic and international audiences with fresh, compelling narratives.

Commenting on the Development, Mr Mautik Tolia, Managing Director, Bodhitree Multimedia Limited, said: “This partnership is a confluence of creativity and capability. Amit Khan is one of India’s most celebrated novelists and storytellers, and we are excited to bring his distinctive vision to screens nationwide through BTML’s production infrastructure and industry relationships.”

Mr. Amit Khan, Founder of AKCH, added: “I am thrilled to join hands with BTML, a company that has consistently delivered high-quality and impactful content. With our combined strengths, we are confident of creating stories that will resonate with viewers and leave a lasting mark on the Indian entertainment industry.”

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Faridabad (Haryana) [India], September 29: Faridabad, Haryana-based ‘Om Metallogic Limited’ is a leading company engaged in the aluminium scrap recycling sector. The company is bringing an Rs. 22.35 crore IPO on the BSE SME platform to finance modernisation and expansion of the existing manufacturing unit, partial financing of working capital requirements, full or partial repayment/prepayment of certain borrowings taken by the company, and to meet general corporate purposes. The company’s IPO opens on 29 September 2025 and closes on October 1, 2025.

Business activities:

Incorporated in 2011, Om Metallogic Limited is engaged in the business of recycling aluminium-based metal scrap to produce high-quality aluminium alloys such as ingots. These ingots are sold to other manufacturers, who use them as raw material for further melting and processing. The ingots are typically used in the production of various products employed in the automobile and other industries. The company operates state-of-the-art production facilities with an annual capacity of 5,280 tons, where advanced machinery is used to efficiently convert scrap metal into premium aluminium ingots.

Financial performance: In FY 2023, the company earned a total revenue of Rs. 37.80 crore and a net profit after tax of Rs. 1.10 crore; in FY 2024, the company earned a total revenue of Rs. 38.54 crore and a net profit after tax of Rs. 2.21 crore; and in FY 2025, the company earned a total revenue of Rs. 59.99 crore and a net profit after tax of Rs. 4.11 crore. The financial results clearly show that the company’s revenue and profit are increasing year after year.

IPO details:

The IPO of ‘Om Metallogic Limited’ opened on the BSE SME platform on 29 September 2025 and close on October 1, 2025. The company is issuing 25,98,400 shares of face value Rs. 10 each at a price of Rs. 86 per share to raise Rs. 22.35 crore. The IPO market lot size is 1,600 shares, and retail investors will have to apply for 2 lots. The IPO is being managed by the lead manager, Corporate Capital Makers Limited.

Note: This article is not investment advice.

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The Panchayat star becomes the face of She Care Juice, an Ayurvedic formulation designed to support hormonal balance and holistic health.

New Delhi [India], September 29: Krishna’s Herbal & Ayurveda, a trusted name in the Ayurvedic wellness space, has announced its collaboration with actress Pooja Singh, widely recognised for her role as Rinky in the popular series Panchayat. With this association, the brand aims to create greater awareness about women’s health and holistic well-being through its product She Care Juice.

Pooja Singh has earned popularity for her relatable screen presence and strong connection with audiences across age groups. Her values and lifestyle resonate with the brand’s mission of bringing authentic Ayurvedic solutions to contemporary wellness needs. As a household name, her involvement adds both credibility and accessibility to the campaign, ensuring that the message of natural health care reaches a wider audience.

At the centre of the partnership is She Care Juice, one of Krishna’s Herbal & Ayurveda’s flagship products in the women’s wellness category. The formulation is crafted from a blend of Ayurvedic herbs traditionally known to support hormonal balance and overall reproductive health. It is particularly beneficial for women dealing with PCOD, PCOS, menstrual discomfort, and irregular cycles. Positioned as a natural, preventive care solution, She Care Juice underscores the brand’s philosophy of making Ayurveda relevant for today’s fast-paced lifestyle.

Commenting on the collaboration, Mr. Shrawan Daga, Founder of Krishna’s Herbal & Ayurveda, said, “We are delighted to have Pooja Singh join us as the face of She Care Juice. Her genuine persona and wide appeal make her a strong fit for our brand ethos. Through this partnership, we want to encourage more women to turn towards Ayurveda for safe, effective, and sustainable solutions for their health.”

The association is expected to deepen consumer trust in the brand while strengthening its presence in the women’s health segment. By blending the influence of a cultural icon with the credibility of Ayurveda, Krishna’s Herbal & Ayurveda looks to foster meaningful engagement with its audience and inspire women to prioritise wellness through natural remedies.

Founded with the vision of bringing Ayurvedic wisdom into modern living, Krishna’s Herbal & Ayurveda offers a wide portfolio of herbal juices, powders, and wellness solutions. The brand’s mission is rooted in preventive care and holistic health, combining traditional knowledge with modern quality standards. With a strong nationwide presence, Krishna’s Herbal & Ayurveda continues to champion the role of Ayurveda in everyday wellness.

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