Category: Business

Shivam Jewels selected as DTC sightholder, expected to give fresh impetus to the diamond industry.

Surat (Gujarat) [India], March 23: Surat-based Shivam Jewels, a leading diamond manufacturing company, has achieved a significant milestone on the global stage. Under the leadership of its promoter Ghanshyam Shankar, the company has been selected as a sightholder by the Diamond Trading Company (DTC), the rough diamond sales and distribution arm of the De Beers Group. Notably, DTC has appointed new sight holders after a gap of nearly nine years, making Shivam Jewels’ inclusion particularly significant for both the company and the Surat diamond industry.

Shivam Jewels is one of the leading players in natural diamond manufacturing. The company imports rough diamonds, processes them locally, and produces polished diamonds, of which approximately 90 per cent are exported, while the remaining 10 per cent are sold in the domestic market.

At present, Shivam Jewels employs around 1,950 people and has an annual turnover of nearly Rs. 2,700 crore. With its selection as a DTC sightholder, the company will now receive a direct supply of rough diamonds, which will significantly enhance both its production capacity and export volumes. The development is also likely to provide renewed momentum to Surat’s diamond industry.

DTC is part of the De Beers Group, a global mining giant with a legacy of around 130 years. DTC supplies rough diamonds on a monthly basis to a select group of sightholders. While DTC’s headquarters were previously in London, it has now shifted operations to Botswana. Alongside India, the company has sightholders in Israel, the United States, Sri Lanka, and China.

The selection of a sightholder is based on stringent criteria, including a company’s track record, operational practices, sustained growth, and the stability of employment. Shivam Jewels has met all these benchmarks to earn this prestigious recognition.

Founded in 1995, Shivam Jewels has grown rapidly since 2014. After nearly 12 years of sustained efforts, the company has now secured the distinguished position as a DTC sightholder in 2026. The company’s promoter Ghanshyam Shankar has been associated with the diamond industry for over 40 years. His experience and determination were pivotal in achieving this milestone.

New Delhi [India], March 23: India continues to witness the rise of remarkable professionals who are transforming industries through innovation, leadership, and dedication. From Ayurveda healthcare, digital marketing, clean energy, entrepreneurship, filmmaking, and spirituality, these individuals are shaping the future while inspiring others with their achievements and vision.

Here are the Top 10 Inspiring Personalities in India who are creating meaningful impact across diverse sectors.

1. Dr. Sreeraman Mooss – Advancing Classical Kerala Ayurveda

Dr. Sreeraman Mooss, from the renowned Ashtavaidyan Pulamanthole Mooss lineage, is advancing Classical Kerala Ayurveda through the Pulamanthole Mooss Inherited Clinic. The clinic specializes in treating genetic disorders, neurological conditions, and developmental disorders in children.

Through personalized Ayurvedic therapies, rehabilitation programs, and long-term treatment protocols, the clinic has helped families across India find renewed hope for conditions often considered difficult to treat.

2. Anil Valvi – Digital Marketing Strategist and Growth Expert

Anil Valvi is a digital marketing strategist and Digital Head of Catchy Climbers, a next-generation 360° digital marketing agency. He specializes in SEO, ecommerce management, performance marketing, and social media marketing.

Through data-driven strategies and creative campaigns, Anil helps businesses build stronger digital brands, generate quality leads, and achieve measurable online growth across industries.

3. Dr. Dipenti Merchant – Holistic Wellness Expert

Dr. Dipenti Merchant, a PhD holder and Gold Medalist in Vastu Shastra, is widely recognized for redefining holistic wellness and spiritual sciences. Honored with the Real Super Women Award 2024, she integrates Vastu Shastra, Numerology, Tarot, Reiki, and Occult sciences through her research-based Five-Pillar methodology.

With over 10,000 successful consultations, she continues to guide individuals toward balance, clarity, healing, and spiritual growth.

4. Harshada Pathare – Author and Documentary Filmmaker

Harshada Pathare is an acclaimed author and documentary filmmaker whose journey reflects resilience, perseverance, and creativity. Through her storytelling and documentaries, she highlights powerful human narratives that encourage individuals to transform challenges into opportunities for growth.

Her work continues to inspire audiences who believe in purpose-driven storytelling and personal transformation.

5. Dr. Dhanesh Bhanushali ( BAMS, MD A.M) 

At Bhanugandhi Ayurveda Clinic, a truly inspiring milestone was achieved by successfully eliminating an 18mm kidney stone without surgery, bringing immense relief and hope to the patient. Under the expert care of Dr. Dhanesh Bhanushali (BAMS, MD A.M), alongside his father Vaidya Sunil Bhanushali, this healing journey reflects generations of dedication. With over 35 years of Ayurvedic expertise, the clinic continues to offer safe, natural, and compassionate treatments, restoring health and faith in traditional healing practices.

6. Huseinn Nalwala – Founder of Aromatic Air Care

Huseinn Nalwala is the founder of Aromatic, an air care company based in Surat, Gujarat. Since its establishment in 2006, Aromatic has been providing air conditioning services and air freshening solutions for homes and businesses.

With a strong focus on service quality and customer satisfaction, Aromatic continues to help create clean, comfortable, and hygienic indoor environments across Surat and surrounding regions.

7. Sanjay Gupta – Energy Storage and EV Ecosystem Professional

Sanjay Gupta is a versatile professional with deep expertise in energy storage technologies and the EV ecosystem. With experience across lithium-ion batteries, ESS, BESS, telecom power systems, and industrial energy applications, he combines technical expertise with strategic thinking.

His work contributes to operational excellence and innovation in India’s clean energy transition and electric mobility sector.

8. Adarsh Panda – Technology Entrepreneur and Innovator

Adarsh Panda is a technology and business professional with over five years of experience in Oracle and enterprise solutions.

As a founding member of HourBrand, Techowiz, and PhoolTea, he works across marketing, operations, and product development to build scalable digital solutions and innovative consumer products.

His entrepreneurial contributions have been recognized by Fox Story India, where he was honored among “100 Under 40” and “50 Under 50 Empowered Indians.”

9. Rajat Kumar – Emerging Film Producer

Young producer Rajat Kumar is rapidly building his presence in the Indian film and entertainment industry. He is currently producing multiple films in collaboration with reputed studios.

His upcoming projects include Clue, Veer Ki Heer, Social Media, Rab Ne Fasa Di Jodi, and Turram Khan, along with a web series titled Aapa. Rajat has also been part of the execution of well-known projects including Fukrey 3, Jamtara, Captain Miller, and the award-winning series Delhi Crime.

10. Yogi Priyavrat Animesh – Spiritual Leader and Author

Yogi Priyavrat Animesh is a spiritual leader, author, and Founder-President of the OOJ Foundation, dedicated to advancing consciousness studies, Sanatan wisdom, and inner transformation.

Through global spiritual gatherings, meditation initiatives, and philosophical writings, he promotes elemental awareness, conscious living, and spiritual growth.

He is the author of several books including The Infinite Path, The Air, The Fire, Mahakumbh, Nepal, Guru, Sishu Kadam, and Manas Moti, inspiring seekers worldwide to explore self-realization, ecological harmony, and spiritual awareness.

Conclusion

These Top 10 Inspiring Personalities in India represent a diverse spectrum of leadership and innovation across healthcare, technology, energy, media, wellness, entrepreneurship, and spirituality. Their journeys demonstrate how dedication, vision, and purpose can shape industries while inspiring countless individuals to pursue meaningful impact.

For more information, visit:    Emerging Personalities

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New Delhi [India], March 23: The 6th edition of AeroDef India Manufacturing Expo & Conference 2026 will be held from 08–10 April 2026 at the Yashobhoomi Convention Centre, bringing together the entire aerospace and defence manufacturing ecosystem under one roof.

Positioned as a premier industry platform, the event will showcase cutting-edge technologies, advanced manufacturing solutions, and innovations aligned with India’s Atmanirbhar Bharat vision. It aims to accelerate indigenization, strengthen domestic capabilities, and foster strategic collaborations across the value chain.

The expo will host defence PSUs, global OEMs, private sector leaders, MSMEs, startups, policymakers, and armed forces representatives, creating a high-impact platform for business networking, partnerships, and knowledge exchange.

Key Highlights

• 250+ Exhibitors | 300+ Delegates | 75+ Speakers | 10,000+ Visitors
• Focus on AI, robotics, automation, avionics, and sustainable manufacturing
• Co-located specialised pavilions on defence mobility, naval systems, drones, and small arms
• High-level conference with industry leaders and government stakeholders
• Dedicated platform for MSMEs & startups to connect with OEMs and explore co-development opportunities

Building on the success of previous editions, AeroDef India continues to empower over 500+ MSMEs and emerging innovators, enabling direct engagement with procurement and supply chain leaders from leading defence organizations and global companies.

With growing international interest in India’s defence sector, the event will also serve as a gateway for global collaborations, strengthening India’s position as a competitive manufacturing hub.

About AeroDef India
 AeroDef India Manufacturing Expo & Conference is a flagship platform dedicated to advancing India’s aerospace and defence manufacturing ecosystem by bringing together industry leaders, innovators, and policymakers.

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Mumbai (Maharashtra) [India], March 23: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART) a diversified retail and integrated food processing company, has announced the launch of its 50th Patel’s R Mart store located at Shop No. 1, 2, and 3, Govind Height, Opposite 90 Ft Road, Thakurli.

Strengthening its presence in the Mumbai Metropolitan Region (MMR), the company has expanded into Thakurli with the launch of its 50th store, catering to a rapidly growing residential catchment. The store is strategically located to serve a densely populated area, offering a comprehensive range of quality essentials, groceries, daily-need products, and household items at competitive price points.

With this milestone addition, the company not only expands its retail footprint but also reinforces its position as a rapidly scaling value retail chain in the region. The company continues to focus on enhancing accessibility and delivering a seamless shopping experience tailored to the needs of urban and suburban consumers.

The company’s expansion is backed by its integrated sourcing, packaging, and distribution capabilities, which drive cost efficiencies and ensure consistent product availability across stores. Crossing the 50-store mark represents a significant achievement in company’s growth journey and underscores its strong execution capabilities within the MMR market.

Commenting on the development, Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, said: “The opening of our 50th store marks an important milestone in our growth journey and reflects the trust our customers have placed in us. Thakurli is an emerging residential hub, and this expansion enables us to further strengthen our connect with the community by offering essential products at compelling value.

We remain focused on expanding our presence across the Mumbai region while continuously enhancing customer experience, improving store productivity, and driving long-term value creation.”

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New Delhi [India], March 23: Treÿsta’s co-founders are dominating the  real estate market with trust and partnership, qualities that are ignored in this industry. Vaibhav is not new to this; he has real-world experience in the Indian market and really understands it in terms of how pricing works or what makes a good deal. However, Simran comes with a strong background in the Canadian real estate market and is particularly skilled at guiding high-net-worth individuals through their real estate investments, as she has developed her expertise by genuinely caring about her clients and being honest with them.

The special quality about this duo is their boldness to share the harsh reality. They were the first in the industry to point out that Dubai is not tax-free for Indian tax residents and due to which they rely on hawala transactions, which is highly recommended and could expose clients to serious risks. Despite the criticism they got from their peers in the real estate market, Vaibhav and Simran have always prioritised their commitment to putting their clients first. This is what sets Treÿsta apart in the highly crowded world of real estate.

Who Is Actually Looking Out for You in a market where commissions matter the most?

Are we talking about a family buying their first home or an investor trying to grow his portfolio? Whatever the situation, one thing is for sure, real estate is one industry that impacts the lives of almost everyone. And if buying even a single piece of real estate can involve months of research, investigation, trust, and money, then we already know it’s a big deal. The thing is, as much as many people wish to own property and grow through the real estate space, the space is complex, and, unfortunately, so are the incentives. While brokers are not incentivized by what is best for the investor, they are instead incentivized by what can get them the best commission.

Dubai is the fastest-growing real estate market, has seen growth in  demand over the last few years. With many investors and first-time homebuyers from all over the world, it has become the new hub for real estate, but, along with the increasing demand, the real estate industry has seen an increase in agents who are looking for the easy way out, builders who are over-promising, and consumers who are left without an honest guidance in one of the most important financial decisions of their lives.

About Treÿsta: A Real Estate Company Built on a Different Promise

Treÿsta, a real estate company based in Dubai, shows the company’s perspective in its name. Founded on the concept of trust, Treÿsta considers itself not only a real estate brokerage company but a company that operates on a set of values to ensure that all the players involved within a real estate transaction, whether a buyer, investor, broker, or developer, feel that their interests are being respected.

Treÿsta is based on two main aspects, each of which is equally important. The first is honesty with the investor, which makes sure every suggestion made to a buyer or investor is based on their goals, financial capabilities, and vision for the future. No project is recommended based on the fact that it has a higher commission attached to it. The second pillar is that of broker empowerment. Treÿsta knows that, just as agents are, brokers are also betrayed by the industry. Brokers are promised lucrative deals, percentage splits, incentive schemes, and performance bonuses, only for the promises to be reneged upon when it comes time to deliver. The Treysta team works on the belief that if you want integrity outside, it has to start inside first. Their people are not forced to sell projects; they are educated on how to deal with people.

Treÿsta is a business that moves forward with a double strength, the power to assess a situation with precision, and the power to connect with a client on a deeply human level.

Born From Trust, Built on Partnership

Treÿsta wasn’t born in a boardroom or a fancy office. It was born in an apartment in Dubai, where two cousins, not raised side by side, not always close, found something unique and trustworthy 

They had taken different paths, Vaibhav had spend years building in Dubai, he understood structures, foundations and what it meant for something to last the test of time. Meanwhile Simran had lived in Canada, seen different markets and realised how quickly desire can turn into corruption if left unchecked. 

The real turning point came on the day Simran landed in Dubai. She had faced her share of challenges as well as uncertainties, Vaibhav welcomed her with one invitation: “come, stay with me and see for yourself”.

Nights were spent talking, strolling across construction sites, witnessing the mess of an emerging market, brokers compromising on quality, customers not knowing who to trust, employees being ignored and undervalued. They clashed, disagreed and had debates. But one thing was certain, their values.

“This common principle was to become the very spine of Treÿsta.” One makes sure the foundation is solid. The other makes sure the vision works on a larger scale. One balances risk. The other balances opportunity. One makes sure the structure is secure. The other makes sure the relationship is secure. Together, they are a brother-sister duo in business, inseparable as they refuse to compromise on either.

Integrity as the Only Foundation That Never Wobbles

In a market where deals are made faster than ethics are given importance, Treÿsta’s commitment reminds us that the fastest deal is not always the best, and that a reputation built on trust is far longer-lasting than a commission-based  revenue.

The Dubai real estate market is a competitive, fast-paced, and sometimes it faces challenging environment. It is just this environment that makes Treÿsta not only praiseworthy but also necessary. As the market continues to grow and become more worldly, the need for trustworthy and client-centric real estate professionals will only increase.

Treÿsta was not formed to close deals, it was formed to win back the trust in a market that all too often seems to lose it. And it is the values and mindset shared between Simran and Vaibhav that make Treÿsta not just a real estate company but an assurance to clients, the team, and every investor who trusts in them.

To learn more about their unique Investor First Real Estate Advice approach, you can visit their website,  visit: https://www.treysta.ae.

Connect with the founders:

Vaibhav Setiya –

Instagram: https://www.instagram.com/vaibhav.treysta/

LinkedIn: https://www.linkedin.com/in/vaibhav-setiyaa/

Simran Sethi –

Instagram: https://www.instagram.com/simran_treysta/

LinkedIn: https://www.linkedin.com/in/simransethi1/

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Mumbai (Maharashtra) [India], March 23: Vivid Electromech Limited, with Over three decades of experience is engaged in the manufacturing of Low-Voltage (LV) & Medium-Voltage (MV) electric panels and provides system integration services primarily to Data Centers, Metro Projects and Solar & Renewable Energy sectors, proposes to open its Initial Public Offering on March 25, 2026, aiming to raise ₹ 130.53 Crores (at upper price band) with shares to be listed on the NSE Emerge platform.

The issue size is 23,52,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 528 – ₹ 555 Per Share.

Equity Share Allocation

• QIB Anchor Portion – Upto 6,68,880 Equity Shares
• Qualified Institutional Buyer – Not more than 4,46,400 Equity Shares
• Non-Institutional Investors – Not less than 3,35,520Equity Shares
• Individual Investors – Not less than 7,82,400 Equity Shares
• Market Maker – Up to 1,18,800 Equity Shares

The net proceeds from the IPO will be utilized for Funding the capital expenditure requirements towards setting up of a new manufacturing unit in Ambernath, Repayment of certain borrowings, meet working capital Requirements and the general corporate purposes. The anchor bidding is onTuesday, March 24, 2026. The issue will open on Wednesday, March 25, 2026 and will close on Monday, March 30, 2026.

The Book Running Lead Manager to the Issue is HEM Securities Limited, and the Registrar is MUFG Intime India Private Limited.

Mr. Sameer Vishvanath Attavar, Chairman & Managing Director of Vivid Electromech Limited expressed, “India’s rapid expansion in data centres, metro rail, renewable energy and industrial infrastructure is creating a significant opportunity for high-quality electrical and electromechanical solutions. At Vivid Electromech, we have built a strong execution track record over the past three decades, and we are now entering the next phase of growth. Our upcoming IPO is aimed at scaling our manufacturing capacity and strengthening our balance sheet to capture this accelerating demand.

The proposed investment in a new manufacturing facility will substantially enhance our production capacity, improve operational efficiency and enable us to undertake larger and more complex turnkey projects. This expansion will also help reduce execution timelines, improve cost efficiencies and strengthen our ability to service multiple large orders simultaneously. With enhanced capacity, deeper presence in high-growth sectors and a strong order pipeline, we believe the company is well positioned to deliver sustainable long-term growth.”

Mr. Gaurav Jain, Director of HEM Securities Limited said“Vivid Electromech Limited has built a credible position in India’s electrical infrastructure ecosystem through long-standing partnerships with leading global and domestic electrical equipment companies. This foundation, combined with over three decades of experience in electrical panel manufacturing and system integration, has enabled the company to develop strong execution capabilities across data centres, metro infrastructure, renewable energy and industrial sectors. The company’s OEM associations with ABB, Lauritz Knudsen and Schneider Electric, along with authorizations for L&T and ABB platforms, further reinforce its technical expertise in delivering complex and customized electromechanical solutions.

Building on this strong base, the company is now expanding its manufacturing footprint through a new fully integrated facility at Ambernath, which is expected to result in over 3x capacity expansion. This enhanced scale, along with its existing integrated facilities in Navi Mumbai and Pune, is likely to improve execution capabilities and enable participation in larger, high-value projects. With strong sector tailwinds and a scalable operating model, the company is well positioned for its next phase of growth.”

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With the latest war in the Middle East continuing, the resultant oil and gas shock has started to cripple the developing world, with implications that could threaten more than just livelihoods

New Delhi [India], March 23: Throughout the years, we’ve filled up our tanks or our gas cylinders as soon as we needed one without battling an eyelid. That’s changed in the last two weeks, as people across the developing world now wonder how they’ll travel to work or cook their next meal, given the astronomical price rises or limited supply of petrol and CNG gas available.

Until February 28, no one cared about geopolitics, and how it could affect literally everyone around them. The US and Israel’s attacks on Iran and the subsequent bombing campaigns engulfing the Middle East is now a global concern, threatening the global economy as we know it.

The danger of taking a limited resource for granted

Almost 20% of the world’s supply of oil and natural gas passes through the Strait of Hormuz, a narrow passage most tankers have to pass through before it eventually reaches your petrol pump or kitchen for daily use. With this Strait now effectively blocked, the energy requirements of millions are now in jeopardy. 

For years, many countries didn’t think twice about its petrol or gas requirements, assuming that its shipments would keep coming as required, just like an unending supply of water. Many of them didn’t even consider keeping buffer stocks that could sponge the price shocks temporarily.

That costly mistake is showing up now, with never ending lines for petrol at pumps witnessed in Pakistan and Bangladesh and LPG shortages witnessed in India. Governments are now hoping for a ceasefire, or an immediate resumption of supplies as there are signs that the Strait is expected to partially open for shipments to developing countries.

Even though EV vehicles and induction cooktops have been around for quite some time, this emergency need has made them realise the importance of diversifying their energy needs.

The real challenge:Hyperinflation

If 2025 was known for US tariffs, 2026 is now being feared for ‘hyperinflation’ as uncertainty associated with sustained Middle Eastern energy supplies continues to worry everyone from governments, economists, businessmen and your mother’s grocery bills.

With no end to the war in sight, and with critical oil infrastructure being damaged across the Middle East, fears of a disruption in oil supplies remain a real possibility.

For millions of people living across the developing world, the near term risks could be higher prices of fuel and gas, even as interest in alternatives are being viewed keenly. The knock on effects on food, logistics and various essential services is already being witnessed,and things could get worse.

The question remains- how worse, and how much time will it take to get things in order?

There is renewed hope, but will that hope turn into a ceasefire?

That’s a question on everyone’s mind.

PNN Business

Mumbai (Maharashtra) [India], March 23: Dhruv Consultancy Services Limited. (DCSL) (BSE – 541302 | NSE – DHRUV), one of India’s established infrastructure consultancy firms, is pleased to announce that it has received the Letter of Award (LOA) from the National Highways Authority of India (NHAI) for providing Consultancy Services for the preparation of Detailed Project Report (DPR).

The project pertains to the capacity augmentation of the Varanasi–Jaunpur–Sultanpur–Lucknow stretch spanning approximately 44 km in the state of Uttar Pradesh. The contract has been awarded at a value of ₹3.95 Cr (excluding GST).

Project Overview

Under this mandate, the company will undertake comprehensive DPR preparation, including technical studies, feasibility assessments, and detailed planning for the capacity augmentation of this key highway corridor in Uttar Pradesh. The total project duration is 7 months.

This project marks another important addition to the company’s growing DPR consultancy portfolio and strengthens its positioning in the high-value design and engineering segment. It enhances the company’s credentials in handling complex highway infrastructure assignments, deepens its relationship with NHAI, and supports its strategy to expand presence across key geographies. 

Commenting on the development, Mrs. Tanvi Dandawate Auti, Managing Director, stated, “We are pleased to receive this DPR consultancy assignment from NHAI for an important highway corridor in Uttar Pradesh. This mandate reinforces our expertise in delivering detailed engineering and project preparation services for large-scale infrastructure projects. Our focus will be on delivering a high-quality, data-driven DPR that supports efficient project execution and long-term infrastructure development. We remain committed to maintaining the highest standards of technical excellence and timely delivery.

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Surat (Gujarat) [India], March 21: IBL Finance Ltd (NSE – IBLFL) a fintech-driven Non-Banking Financial Company has secured a LONG-TERM INVESTMENT GRADE rating of BBB- (Triple B Minus) with a Stable Outlook by the rating agency Acuité Ratings & Research Limited.

This achievement reflects the Company’s strong governance standards, prudent risk management practices, sound financial discipline, and robust compliance framework. The rating reinforces our credibility within the financial ecosystem and marks an important milestone in strengthening our market position and long-term growth strategy. With this rating, IBL Finance Limited is well-positioned to access capital at competitive rates, accelerate strategic investments, and further strengthen its leadership in the fintech-enabled lending space.

Key Strengths

1. Healthy Capital Structure

IBL Finance Limited maintains a strong capital position supported by a healthy net worth and comfortable capital adequacy levels. The Company has a net worth of ₹ 59.90 Crore as on September 30, 2025. IBLFL is listed on the NSE Emerge and successfully raised ₹ 33.40 Crore through its IPO in January 2024, strengthening its capital base to support future growth.

The Company’s gearing remained comfortable at 0.62x as on September 30, 2025, indicating adequate headroom for further borrowings. Additionally, the Company maintains a strong Capital to Risk-Weighted Assets Ratio (CRAR) of 57.27% as on September 30, 2025, significantly above regulatory requirements.

Post IPO, the promoters and the promoters group continue to hold approximately 63% shareholding, reflecting continued promoter commitment, while the remaining shareholding is held by public investors.

• Strong and Diversified Debt Resource Mix

The company has a well-diversified resource mix for debt raising. As of September 2025, approximately 21% of the total borrowings are raised through NCDs, while around 79% are sourced from Financial Institutions (FIs). Going forward, the company intends to further diversify its borrowing profile by raising funds through multiple channels, including NCDs, loans from FIs, and bank borrowings, with the objective of optimizing borrowing costs and maintaining a well-structured debt resource mix.

• Stable Asset Quality

The Company is engaged in Financial Institution (FI) lending and personal loans, with FI lending forming the core of its portfolio. As of September 30, 2025, approximately 90% of the Company’s AUM comprised FI lending to NBFCs (Secured), while the remaining portfolio consisted of personal loans.

As of September 30, 2025, the Company reported Gross NPA (GNPA) of 2.71% and Net NPA (NNPA) of 2.44%, indicating stable asset quality, compared to GNPA of 2.54% and NNPA of 1.99% as on March 31, 2025.

• Strategic Allocation of Lending Across Product Segments

The company has diversified its lending portfolio across multiple product segments through financing to Financial Institutions (FIs). As on September 2025, the portfolio (end use wise) is well distributed with 39.14% in Personal Loans, 15.65% in Business Loans (secured & unsecured), 12.00% in Vehicle Loans, 10.31% in Consumer Loans, 9.86% in Loan Against Property (LAP), 7.88% in Microfinance (MFI), and 5.16% in Gold Loan.

Financial Performance

Over the past few years, the Company has demonstrated strong and consistent financial growth with clear year-wise improvements across all key parameters. The Net Worth has increased significantly from ₹20.67 crore in FY 2022–23 to ₹59.90 crore as of September 2025, reflecting a robust growth of 190%. Similarly, Assets Under Management (AUM) have expanded sharply from ₹14.61 crore in FY 2022–23 to ₹94.13 crore in September 2025, marking an impressive growth of 544%, indicating strong business expansion and customer acquisition. On the profitability front, Profit Before Tax (PBT) has improved from ₹2.86 crore in FY 2022–23 to ₹2.99 crore in FY 2024–25, while Profit After Tax (PAT) has remained healthy, growing from ₹2.05 crore in FY 2022–23 to ₹2.36 crore in FY 2024–25, and standing at ₹1.24 crore for the half year ended FY 2025–26. In terms of asset quality, the Company has shown notable improvement with Gross NPA reducing from 5.19% in FY 2022–23 to 2.71% in September 2025, and Net NPA declining from 3.94% to 2.44% over the same period. Overall, the year-wise performance reflects a well-balanced growth strategy supported by improving profitability and strengthening asset quality.

About IBL Finance Limited

IBL Finance Limited (IBLFL), established in 2017, represents a new generation of financial services innovation in India. As a fintech-driven Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) and listed on the NSE Emerge platform, stand at the intersection of traditional financial expertise and cutting-edge digital technology.

The Headquartered in Surat, Gujarat—one of India’s most dynamic business hubs—IBL Finance has established itself as a trusted financial partner for diverse customer segments. Our comprehensive product portfolio serves individuals seeking personal financial solutions and NBFCs looking for institutional funding partnerships. This diversified approach ensures that company remain resilient across market cycles while delivering consistent value to their stakeholders.

Since commencing operations in 2018, IBL Finance has achieved remarkable milestones: disbursing over ₹350+ crores in loans and serving 1.86+ lakh customers across India. This track record demonstrates company ability to scale operations efficiently while maintaining asset quality and customer satisfaction. Company’s pan-India presence ensures that it can serve customers wherever they operate, from metropolitan cities to tier-2 and tier-3 towns.

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. IBL Finance Ltd. 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.

New Delhi [India], March 21: India’s entrepreneurial landscape is changing rapidly. More women today are launching businesses, leading MSMEs, investing in property, and building long-term financial assets than ever before. Their participation is not only reshaping households and industries but also strengthening India’s broader economic momentum.

Policy support for this shift has steadily grown over the past decade. Initiatives such as the Women Entrepreneurship Platform by NITI Aayog, Stand-Up India, and targeted MSME credit schemes signal a clear national direction — women must be central contributors to economic expansion.

Yet, despite this supportive policy ecosystem, access to structured and timely credit remains a practical challenge for many women entrepreneurs and professionals.

The difficulty often lies not in the lack of capability or ambition, but in navigating a lending environment that can feel fragmented. Eligibility frameworks vary across lenders, documentation expectations differ, and approval timelines are not always predictable. For borrowers seeking to expand businesses, raise capital against property, or formalise growing enterprises, these complexities can slow down important financial decisions.

A woman entrepreneur with stable cash flows and strong repayment capacity may still spend considerable time identifying the lender best suited to her financial profile. In several cases, viable borrowers approach multiple institutions before finding the right structure or approval framework.

The issue, therefore, is rarely creditworthiness.
 More often, it is clarity and alignment within the credit process.

“Women entrepreneurs in India are building serious businesses and creating real economic value, The opportunity today lies in making access to credit more transparent and efficient. When borrowers can clearly understand which lenders are aligned with their profile, the process becomes faster and far more productive.” says Nitin Khandelwal, Founder & CEO, OneNDF.

As women increasingly participate in asset ownership and enterprise creation, the demand for structured capital is becoming more visible. Borrowing today is driven by clear objectives — expanding MSMEs, acquiring residential or commercial property, investing in professional ventures, or strengthening long-term financial security.

What the ecosystem increasingly requires is greater transparency in how borrowers connect with lenders.

Platforms that bring together lender networks, eligibility insights, and structured advisory can help simplify this journey. By enabling borrowers to evaluate options across multiple banks and NBFCs in a more organised manner, the credit process becomes less about trial-and-error and more about informed decision-making.

In this evolving ecosystem, OneNDF is working to bring greater clarity to the borrowing process by helping borrowers understand lender expectations and identify institutions aligned with their financial profile.

Such efforts are particularly relevant at a time when India’s economic growth increasingly depends on broader access to institutional finance.

As more women build businesses and financial assets, enabling efficient credit access becomes more than a question of inclusion — it becomes an economic priority. Simplifying the pathway between borrowers and lenders ensures that capital flows where it is most productive.

When that happens, businesses scale faster, assets are created with greater confidence, and the overall economy becomes stronger.

In the coming years, the real measure of progress will not only be how many women enter entrepreneurship, but also how effectively the financial system supports their growth.

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