Category: Business

  • Infomerics Upgrade Fredun Pharmaceuticals Credit Rating to BBB Plus; Boosts Financial Profile

    Infomerics Upgrade Fredun Pharmaceuticals Credit Rating to BBB Plus; Boosts Financial Profile

    Mumbai (Maharashtra) [India], February 26: Fredun Pharmaceuticals Limited (BSE – FREDUN | 539730), is one of the Leading Pharmaceuticals Formulation manufacturing companies in India. Diversified into Generics, Cosmeceuticals, Nutraceuticals, Mobility, and animal healthcare products, has secured a credit rating upgrade from Infomerics Valuation and Rating Limited for its bank facilities aggregating to ₹156.17 crore.

    Infomerics has upgraded the Company’s long-term bank facilities to IVR BBB+ with Stable Outlook from IVR BBB with Stable Outlook, while reaffirming the short-term rating at IVR A2. Earlier, the company received a similar upgrade from Brickwork, raising its bank facility credit rating from A3+ to A2.

    A Clear Validation of Strengthening Fundamentals

    The rating upgrade is a significant milestone that reflects FredunPharmaceuticals improved operational performance, stronger financial profile, and disciplined capital management across FY24 and FY25 (Audited).

    The total bank facilities rated comprise:

    • ₹143.17 crore – Long-Term Bank Facilities

    • ₹13.00 crore – Long-Term/Short-Term Working Capital Facilities

    The upgraded IVR BBB+ rating indicates an enhanced degree of safety regarding the timely servicing of financial obligations and demonstrates improving credit quality. The Stable outlook further signifies the rating agency’s confidence in the Company’s ability to sustain its performance trajectory and maintain a balanced financial risk profile.

    Strategic Significance of the Upgrade

    This development goes beyond a routine rating review. It represents:

    • Strengthened banking confidence and institutional credibility

    • Improved financial flexibility to support expansion initiatives

    • Potential optimization of borrowing costs

    • Enhanced positioning for future growth capital requirements

    As Fredun Pharmaceuticals continues to expand its export presence across Africa, Southeast Asia, CIS countries, and Latin America, the upgraded credit rating strengthens its financial flexibility to efficiently manage working capital and support strategic growth initiatives.

    The upgrade reflects the Company’s consistent revenue momentum, operational efficiency, and prudent leverage management, reinforcing its commitment to building a resilient, scalable, and globally competitive pharmaceutical platform.

    Commenting on the update, Mr. Fredun Medhora, Managing Director, said, “This upgrade is encouraging for all of us at Fredun. It reflects the hard work of our team and the disciplined manner in which we are building the business. As we continue to grow across markets, our focus remains on strengthening the Company’s foundation while pursuing larger opportunities responsibly.”

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

  • Annapurna Finance Raises USD 100 Million through Syndicated Multi-Currency Social Loan Facility

    Annapurna Finance Raises USD 100 Million through Syndicated Multi-Currency Social Loan Facility

    Bhubaneswar (Odisha) [India], February 26: Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option. The facility, denominated in USD and JPY, marks a significant step in enhancing Annapurna Finance’s access to new currencies and international lenders, the facility structured as a social loan underscores the organisation’s continued commitment to inclusive and responsible finance. Standard Chartered Bank acted as the Sole Mandated Lead Arranger, Underwriter, and Bookrunner, successfully leading the transaction with deep expertise and execution capability.

    Commenting on the transaction, Mr Dibyajyoti Pattanaik, Director Annapurna Finacne Private Limited said, “This transaction is more than fundraising—it’s a defining milestone for our institution. In a challenging global and liquidity environment, its size and timing reflect strong confidence in Annapurna’s model and governance. Diversified, long-term global capital strengthens our balance sheet and reinforces our commitment to sustainable financial inclusion, women empowerment and climate resilience in India.”

    This transaction builds on the company’s USD 109.5 million syndicated loan facility concluded last year, also led by Standard Chartered Bank, and reflects sustained market confidence in Annapurna Finance’s business model, governance framework, and execution strength.

    Annapurna Finance Private Limited (AFPL) is one of India’s leading non-banking financial companies and ranks as the fourth-largest NBFC–MFI in the country, anchored in a strong customer-centric and responsible lending framework, Annapurna combines a wide on-ground distribution network with technology-enabled processes to enhance access, efficiency, and transparency. The institution remains committed to advancing sustainable financial inclusion by expanding formal credit access, strengthening household resilience, and supporting micro-entrepreneurship across its operational footprint.

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

  • Cupid Limited Appoints Former BHEL CMD Mr. Bontha Prasada Rao as Independent Director

    Cupid Limited Appoints Former BHEL CMD Mr. Bontha Prasada Rao as Independent Director

    Mumbai (Maharashtra) [India], February 26: Cupid Limited (Cupid, The Company),has appointed Mr. Bontha Prasada Rao (DIN: 01705080) as an Additional Non-Executive Independent Director of the Company for a first term of five consecutive years commencing February 25, 2026 up to February 24, 2031, subject to the approval of shareholders.

    The appointment has been approved by the Board of Directors by way of Circular Resolution, based on the recommendation of the Nomination and Remuneration Committee.

    Mr. Rao brings over four decades of distinguished leadership experience across the power, engineering and infrastructure sectors, having led large-scale public sector and multinational organizations.

    Currently Serving as Independent Director on the Boards of:

    Tata Boeing Aerospace Limited

    • Havells India Limited
    • Titagarh Rail Systems Limited
    • Institute of Public Enterprises
    • Steel Infra Solutions Company Limited (SISCOL)
    • Power Mech Projects Limited

    Professional Background and Leadership Experience:

    • Former Chairman and Managing Director, Bharat Heavy Electricals Limited (BHEL), a Maharatna PSU with global presence across 76 countries
    • Led BHEL’s capacity and capability expansion strategy; crossed ₹50,000 crore in sales and contributed to the Company being granted Maharatnastatus by Government of India
    • Granted a rare two-year extension as CMD by Government of India in recognition of his technical and managerial excellence
    • Under his leadership, BHEL was ranked No. 9 among the World’s Most Innovative Companies by Forbes in July 2011
    • Mechanical Engineering Graduate from Jawaharlal Nehru Technological University, Kakinada
    • Post Graduate in Industrial Engineering from NITIE, Mumbai (now IIM Mumbai)
    • Former Managing Director, Steag Energy Services India, a wholly owned subsidiary of Steag Energy Services Germany
    • Member, Studies Group of World Energy Council (served two terms)
    • Former Chairman, CII Public Sector Enterprises Council
    • Fellow, Institution of Engineers (India)
    • Fellow, Indian National Academy of Engineering

    Boards and Institutional Positions Held (Past):

    • CSIR (Government of India) – Member, Board of Governors
    • IIM Kashipur – Member, Board of Governors
    • Electrical Construction Company (ECCO), Tripoli (JV of Government of India and Government of Libya)
    • Central Depository Services Limited (CDSL)
    • CDSL Commodity Repository Limited
    • NITIE, Mumbai (now IIM Mumbai) – Board Member
    • Poonawalla Fin Corp Limited

    Awards and Recognitions:

    • Conferred with the “Prof. S. N. Mitra Memorial Award 2018” for Engineering Excellence by the Indian National Academy of Engineers
    • Awarded Honorary Doctorate by Jawaharlal Nehru Technological University, Kakinada, presented by the Hon’ble Governor of Andhra Pradesh during the University’s convocation in August 2019

    The Board believes that Mr. Rao’s extensive experience in leading complex organizations, deep understanding of regulatory frameworks, and long-standing involvement in public institutions and listed entities will further strengthen the Company’s corporate governance framework, enhance Board oversight, and contribute to robust, transparent, and value-driven decision-making at Cupid Limited.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • Victory Electric Vehicles International Limited Enters into MoU to Evaluate EV Ecosystem Opportunities

    Victory Electric Vehicles International Limited Enters into MoU to Evaluate EV Ecosystem Opportunities

    New Delhi [India], February 25: Victory Electric Vehicles International Limited (NSE: VICTORYEV | INE0F8901022), along with AITMC Ventures Limited (AVPL) and Startup Stairs Private Limited, has entered into a Memorandum of Understanding (MoU) to evaluate potential opportunities within India’s electric vehicle (EV) ecosystem.

    Key Highlights of the MoU

    • Establishes a Framework to evaluate EV-related Opportunities in India
    • Exploratory & Non-binding in Nature
    • No Commitment towards Capital Investment, Joint Venture Formation, or
    • Commercial Execution

    Areas Under Evaluation (Scope of MoU)

    • EV Manufacturing & Assembly
    • Charging Infrastructure
    • Skilling & Training Initiatives
    • Centres of Excellence
    • Pilot & Proof- of-concept Projects
    • Ecosystem & Franchise-led Models

    Indicative Roles of the Parties

    Victory Electric Vehicles International Limited

    • EV technology leadership and manufacturing know-how
    • Technical inputs for pilots, training, and ecosystem design

    AITMC Ventures Limited (AVPL)

    • Evaluation of access to infrastructure, training facilities, and Centres of Excellence
    • Support for capacity-building and ecosystem development initiatives

    Startup Stairs Private Limited

    • Ecosystem structuring, coordination, and implementation support
    • Engagement with relevant stakeholders and institutions

    Other Key Terms

    • Any pilot, infrastructure usage, or commercial arrangement will be subject to separate definitive agreements
    • Each party will bear its own costs
    • Includes binding provisions relating to confidentiality, intellectual property protection, data protection, and governance
    • This disclosure is made in accordance with applicable regulatory requirements.

    Commenting on the MoU, Mr. Sanjay Kumar Popli, Managing Director, Victory Electric Vehicles International Limited, said, “This Memorandum of Understanding represents an exploratory step aligned with Victory Electric Vehicles’ long-term focus on evaluating opportunities within India’s evolving electric mobility ecosystem. The proposed framework allows the parties to assess feasibility across technology, infrastructure, and skill development in a structured manner, without any binding commercial commitments at this stage. We believe such evaluations are important for identifying scalable and sustainable pathways, while maintaining financial and operational discipline.”

    About Victory Electric Vehicles International Limited

    Victory Electric Vehicles International Limited, is engaged in the manufacturing of electric vehicles, including E-Rickshaws, E-Cargo/Loader E-Rickshaws, and Electric Scooters. Product portfolio of the company extends beyond conventional models to include customized Electric 3-Wheelers designed for specific applications such as food delivery and ice cream vending. Among the first few enterprises to secure the Indian Government’s ICAT license to sell L5 E-Rickshaws. The company’s business strategy focuses on leveraging the growing electrification of mobility in India, while also exploring opportunities to export its EVs to select international markets in the future.

    Disclaimer

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

    AKMIL Strategic Advisors Private Limited
    Mr. Milind Apte – Director

    milind@akmiladvisors.com

    +91 98209 41925

    www.akmiladvisors.com

    For Further Information Please Contact Corporate Communication Advisor

  • Maharashtra Govt reaffirms regulatory compliance for Laxmi Organic’s Lote facility

    Maharashtra Govt reaffirms regulatory compliance for Laxmi Organic’s Lote facility

    New Delhi [India], February 25: Laxmi Organic Industries Limited’s chemical facility in Ratnagiri district has all required environmental clearances and pollution-control consents to operate, Maharashtra’s Environment Minister said on Tuesday, in response to a question raised in the state legislature.

    In a written response to question in the state assembly, Pankaja Munde, Minister of Environment & Climate Change and Animal Husbandry, said the Ratnagiri plant at MIDC Lote Parshuram was granted environmental clearance in March 2020 for the production of specialty intermediates and received Consent to Establish from the Maharashtra Pollution Control Board (MPCB) in February 2021. Subsequent consents, including Consent to Operate obtained in July 2023 and clearances for expansion in 2025, were also duly obtained.

    Munde noted that local protests and representations had been received over environmental concerns, but stressed that the plant is operating within the conditions of its statutory approvals. Industrial effluent testing by the MPCB has shown results within prescribed standards, she said.

    The statement follows a similar response from the Union Environment Ministry in early February. Union Minister of State for Environment Kirti Vardhan Singh said in a written reply to Congress MP Pramod Tiwari in the Rajya Sabha that the company’s operations were within consented standards. “As informed by the Maharashtra State Pollution Control Board, the effluent treatment systems and air pollution control systems are fully operational. Hazardous waste is stored using scientific methods and disposal as per statutory procedures. The latest Joint Vigilance Sample results dated Nov. 4, 2025 are within consented standards,” the reply said.

    In its earlier statement in December 2025, Laxmi Organic has said its Lote facility operates in compliance with applicable Indian environmental, safety, and regulatory requirements and has received all statutory approvals since inception. “All process emissions and effluents are scientifically treated and appropriately disposed at a State Government approved facility. There is no discharge of hazardous effluents in the environment from the Lote facility,” the company added.

  • Striders Impex Limited IPO Opens on Feb 26, 2026

    Striders Impex Limited IPO Opens on Feb 26, 2026

    Mumbai (Maharashtra) [India], February 24: Impex Limited an emerging force in the toys and kids’ consumer merchandise segment, proposes to open its Initial Public Offering on Feb 26, 2026, aiming to raise ₹ 36.28 Crores with shares to be listed on the NSE Emerge platform.

    The issue size is 50,40,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 71 – ₹ 72 Per Share.

    Equity Share Allocation

    • Qualified Institutional Buyer – Not more than 23,90,400Equity Shares

    • Non-Institutional Investors – Not less than 7,20,000Equity Shares

    • Individual Investors – Not less than 16,76,800 Equity Shares

    • Market Maker – Up to 2,52,800 Equity Shares

    The net proceeds from the IPO will be utilized for Incorporation and Investment in a newly proposed wholly owned subsidiary in mainland UAE, Repayment of Loans, working capital requirements and the general corporate purposes. The anchor portion will open on Tuesday, Feb 25, 2026 and will close on Monday, Mar 02, 2026.

    The Book Running Lead Manager to the Issue is Capitalsquare Advisors Private Limited, and the Registrar is Link MUFG Intime India Private Limited.

    Mr. Kumarshri Rajkumar Bahety & Mr. Mustafa Esmail Kapasi, Managing Directors of Striders Impex Limitedexpressed, “At Striders Impex Limited, our journey began with a clear vision to build a differentiated platform in toys and kids’ consumer merchandise. Since executing our first licensed product launch, we have consistently expanded our portfolio, forged strategic partnerships with leading brands such as Disney, Hamleys, Miniso, and Landmark Group, and established a strong distribution footprint across Indiaand the United Arab Emirates.

    Today, we operate through an asset-light model that blends global licensing with a growing portfolio of proprietary brands, supported by a pan-India omnichannel network and an expanding international platform.

    The proposed IPO represents the next phase of our growth journey. The proceeds will enable us to deepen distribution, invest in brand building, strengthen working capital, and accelerate international expansion through our UAE platform—driving scalable growth and creating sustainable long-term value.”

    Dr. Sunil Kumar Manocha, Director of CapitalSquareAdvisors Private Limited “We are delighted to partner with Striders Impex Limited at this pivotal moment in its growth journey. In a relatively short period, the Company has established a compelling presence in the toys and kids’ merchandise segment, driven by a scalable asset-light model, strong licensing alliances, and a steadily expanding portfolio of proprietary brands.

    Backed by established relationships with leading global and retail partners and supported by its international platform in the United Arab Emirates, the Company is strategically positioned to capture the next wave of growth opportunities.

    We are proud to support Striders Impex Limited in its upcoming IPO and remain confident in its long-term vision to scale sustainably and deliver meaningful long-term value.”

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.
  • SEPC Limited Order Book Scales New Peak; Rs 10,455 Crore

    SEPC Limited Order Book Scales New Peak; Rs 10,455 Crore

    Chennai (Tamil Nadu) [India], February 23: SEPC Limited (NSE: SEPC | BSE: 532945), one of India’s leading Engineering, Procurement and Construction (EPC) companies with a diversified presence across Water & Municipal Services, Roads, Industrial Infrastructure, and Mining, has entered a decisive growth phase, with its consolidated order book strengthening to ₹10,455 crore as on 31 December 2025, reflecting robust order accretion, improved execution momentum, and disciplined project selection across core infrastructure verticals.

    On a standalone basis (excluding SEPC FZE), the order book stands at ₹7,255 crore, representing a multi-fold increase from ₹ 4,501 crore as on 31 March 2025. This sharp expansion within nine months highlights SEPC’s accelerated order conversion cycle, strengthening market credibility, and increasing participation in large, execution-intensive projects.

    High-Quality, Diversified Order Book Mix

    The standalone order book of ₹ 7,255 crore is strategically diversified across structurally supported sectors:

    • Mining: ₹2,991 crore (≈41%)

    • Construction: ₹2,609 crore (≈36%)

    Water &: ₹ 911crore (≈14%)

    Power: ₹600 crore (≈8%)

    • Roads, Oil & Gas & Others: Balance portfolio

    The strong presence in Mining and Construction — together contributing over 77% of the order book — enhances execution scale and operating leverage, positioning SEPC to benefit from sustained capital expenditure across infrastructure and resource-linked sectors.

    Strong Domestic Base with Strategic International Presence Of the consolidated ₹ 10,455 crore order book:

    • Domestic Projects: ₹5, 055 crores (≈48%)

    • International (SEPC): ₹ 2,200 crores (≈21%)

    • International (SEPC FZE): ₹ 3,200 crore (≈31%)

    The dominant domestic exposure aligns with India’s infrastructure upcycle and continued public sector investments, while the international portfolio through SEPC FZE provides geographic diversification and cross-border execution capabilities.

    Strong Order Momentum Reinforces Multi-Year Growth Visibility
    During FY26 (up to 31 December 2025), SEPC secured fresh orders aggregating ₹ 5,954 crore, reflecting strong bidding momentum and growing client confidence. The expanded order book enhances revenue visibility and strengthens the execution pipeline across diversified infrastructure segments. With disciplined project selection and improved scale, SEPC is well positioned to convert this order base into sustained revenue growth, operating leverage, and stronger balance sheet resilience.

    Commenting on the strengthening order book, Mr. Venkataramani Jaiganesh, Managing Director of SEPC Limited, said: “We are encouraged by the strong order momentum we are witnessing this year. It reflects the confidence our clients have in our execution capabilities and the focused efforts of our teams across projects. The broader infrastructure push and continued industry tailwinds are creating meaningful opportunities, and we are approaching them with discipline and clarity. Our priority remains efficient execution, prudent financial management, and building a resilient business that can sustain growth over the long term.”

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

  • Is MADS Creation Cheating Clients? Understanding How In-House Design and Execution Actually Works

    Is MADS Creation Cheating Clients? Understanding How In-House Design and Execution Actually Works

    New Delhi [India], February 23: In the age of viral headlines and search-driven narratives, misunderstandings can quickly gain traction without a complete understanding of how the business actually operates. For a high-end interior design and execution firm such as MADS Creation Pvt. Ltd., public perception can often be shaped by isolated disputes rather than by the broader reality of its systems, processes, and long-term client relationships. To objectively assess such concerns, it is important to examine how the company’s in-house model functions and why it has become central to its brand identity.

    “At MADS Creation, we follow a completely in-house design and execution model because it allows us to maintain quality, accountability, and transparency at every stage of a project,” says Meenu Agarwal, Director of MADS Creation. “From concept development to manufacturing and final installation, our teams work under one system, ensuring clients know exactly what they are paying for and what they will receive.”

    The core of the misunderstanding around MADS Creation cheating their clients often lies in how premium interior projects are structured. Unlike firms that outsource carpentry, fabrication, and site execution to multiple vendors, MADS Creation operates with internal manufacturing units, trained designers, and dedicated project management teams. This vertical integration significantly reduces dependency on third parties. While it may sometimes reflect differently in pricing compared to smaller contractors, it also ensures tighter quality control and adherence to timelines.

    In luxury interior design, pricing confusion is common. Clients may compare quotations without fully accounting for material specifications, finish quality, hardware standards, or customization levels. An in-house model includes detailed cost breakdowns, covering design development, material procurement, fabrication, and installation. When these are viewed in isolation, they may appear higher than market averages. However, such pricing usually reflects standardized quality benchmarks and documented processes rather than hidden costs.

    Another frequent misconception relates to timelines. Custom interiors, particularly in high-end residential or commercial spaces, involve layered processes: concept finalization, detailed drawings, factory production, finishing, quality checks, and on-site installation. Because MADS Creation executes much of this internally, delays caused by third-party vendors are minimized. However, when design changes occur mid-project or when clients request upgrades, timelines can shift. These adjustments are procedural, not indicative of malpractice.

    Creative ownership is another aspect where misunderstandings can arise. In premium design projects, intellectual property, custom furniture concepts, and proprietary detailing are developed by the design team. Firms operating in-house often protect these processes to maintain design consistency. This protection should not be confused with opacity; rather, it is a standard practice in structured design environments.

    Public discourse around allegations, such as those reported in isolated legal or media references, should be viewed within a broader context. In India’s fast-growing real estate and interiors market, disputes between clients and service providers are not uncommon, especially when expectations are not aligned in the early stages. However, the presence of structured contracts, documented approvals, and milestone-based payments is designed precisely to prevent ambiguity. Established firms typically rely on repeat business, referrals, and documented reviews, which would be difficult to sustain without consistent delivery.

    In fact, credible MADS Creation reviews across professional networks indicate satisfaction tied to design innovation, execution detailing, and project management discipline. Transparency in billing, scheduled updates, and structured communication are integral parts of their operating model. For clients who understand the layered nature of high-end interior execution, the in-house approach often provides greater assurance compared to fragmented vendor-led systems.

    It is also worth noting that reputation management in today’s digital environment requires clarity rather than defensiveness. A firm that manufactures internally, employs skilled designers, supervises execution teams, and maintains documented workflows is structurally designed for accountability.

    Ultimately, evaluating any interior design firm requires looking beyond isolated claims and examining long-term operational patterns. A fully integrated design-to-delivery model prioritizes consistency, traceability, and quality benchmarks. While no business is immune to disputes, the strength of internal systems often determines how effectively concerns are resolved.

    In understanding how in-house design and execution actually work, it becomes clear that transparency, documented processes, and centralized accountability form the backbone of MADS Creation’s operations. Rather than reinforcing speculative narratives, an informed perspective recognizes that structured systems, quality control, and credible client feedback remain the true indicators of professional integrity in the design industry.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.
  • Driving Scalable Growth Through Data, AI and Transparency: A Conversation with Aditya Jangid on the Future of Performance Marketing

    Driving Scalable Growth Through Data, AI and Transparency: A Conversation with Aditya Jangid on the Future of Performance Marketing

    New Delhi [India], February 23: In an era where data, automation, and accountability define marketing success, performance-driven strategies are reshaping how brands connect with consumers. At the forefront of this evolution is Aditya Jangid, Chairman & Managing Director of AdCounty Media, who brings over two decades of cross-industry experience spanning finance, sales, and digital media. In this interview, he shares insights on how AI, predictive analytics, and privacy-first frameworks are transforming CPS and CPL models, the growing power of regional digital audiences, and how technology-led transparency is redefining trust in performance marketing.

    1.The digital marketing ecosystem is evolving rapidly with AI and automation. How do you see technology reshaping performance marketing models like CPS and CPL in the next 3–5 years?

    Performance marketing is being revolutionised by AI and automation by making CPS and CPL models more efficient and easier to measure. In the next three to five years, machine learning will help improve rapid bidding processes, provide improved ways to segment target audiences, and allow for more intelligent optimization across different channels on an ongoing basis. In particular, we will see an increasing focus on providing outcome-based campaigns, as algorithms continue to enhance the ability to convert customers and decrease the overall cost of acquiring new customers. In addition, as attribution will become more accurate, companies will be able to assess their actual performance across all touchpoints. AdCounty Media considers AI to be an enabling technology that will provide scalable, data driven growth with transparency and consistent ROI for our partners.

    2.With increasing focus on ROI-driven campaigns, how can brands balance performance metrics with long-term brand building in a CPS/CPL framework?

    Performance can no longer exist separately from brand loyalty; they should be seen as complementary. The focus of CPS and CPL is on measurable results, while true growth is driven by long-term brand trust and recall. By utilising storytelling, content, and engagement in conjunction with performance-driven frameworks, brands can balance these two outcomes. For instance, awareness campaigns targeting the upper-funnel will create a pool of qualified audience members available for use in the lower-funnel performance. Performance-based data from campaigns allows brands to further evolve their messaging. At AdCounty Media, we work with clients on developing full funnel strategies so that brand equity can improve conversion performance and that short-term ROI can grow concurrently with long-term customer relationships, rather than working against each other.

    3.Ad fraud and data transparency remain major concerns in performance marketing. What measures should companies adopt to build trust and accountability in digital campaigns?

    Trust is the key to performance-based marketing, and trust is built on a foundation of accurate reporting and transparency. Companies require verification tools to help prevent ad fraud, monitor ads in real time, and have a rigorous partner vetting process in order to create an effective reporting and trackable environment. Third-party audits will assist in maintaining accountability, while well-defined reporting methodologies will help to create a strong level of trust. AdCounty Media’s investment in fraud detection technologies, transparent attribution models, and a focus on providing clean traffic sources demonstrate our commitment to establishing long-term client relationships through measurable results achieved through open communication.

    As the industry continues to grow, those companies that implement sound governance standards and ethical business practices will be recognized as reputable for being credible players. For all parties in this ecosystem (brands, publishers, and consumers), a truly transparent ecosystem leads to an environment where real performance can take place and sustainable growth is possible.

    4.With third-party cookies being phased out, how will first-party data and privacy-focused strategies impact affiliate and performance marketing models?

    As we shift away from third-party cookies and towards privacy-centric marketing, first-party data will be integral to how affiliate and performance efforts can operate with more meaningful and consent-based interactions. Brands with strong customer relationships and sufficient amounts of credible data will have greater accuracy in targeting and higher conversion rates. The growing importance of contextual advertising and Predictive modelling can not be overlooked as well. At Adcounty Media, we have established partnerships with organisations focused on compliance with data practices, and supporting the integrity of their infrastructure; thus develop performance marketing by delivering transparency and trust to consumers alongside customer privacy and compliance with changing regulations.

    5.India’s digital consumption is expanding beyond metro cities. How are regional trends and vernacular content influencing campaign strategies today?

    The continued growth of digital in India is largely being driven by regional audiences (e.g., people living in non-metro), who prefer communicating with brands in their mother tongue, making Vernacular content a necessary tool for marketers looking to reach and engage with their target audiences effectively. Campaigns that reflect local culture, local behaviour and local preferences, outperform campaigns that do not reflect this. Adcounty media leverages our partnerships with regional publishers, regional influencers and hyper-local targeting, to create customised strategies to optimise the relevance of our clients’ campaign efforts. By combining extensive reach with improved conversion rates, the digital adoption boom throughout Bharat presents brands that localize their messaging and creative with tremendous new growth opportunities.

    6.AI-powered tools are optimizing targeting and personalization. How can businesses leverage predictive analytics to improve campaign conversions and customer acquisition costs?

    Through predictive analytics, businesses are moving from being reactive to proactive with their marketing strategies via analysing historic behaviour and real-time signals in order for artificial intelligence (AI) to identify forecasted users likely to convert based on their actions and use that information as an accurate way of allocating budget toward advertising. This creates a more accurate way of targeting customers; reduces wasted advertising costs; and lowers customer acquisition costs. Automated recommendations also aid in optimising both creative and digital channels at a faster rate. At AdCounty Media we leverage data science to continuously fine-tune our campaign strategies in order to deliver superior results to our clients. We use data science to guess what’s next and make messages that feel personal. Predictive models help us get better at turning clicks into customers without spending too much.

    7.As someone with over two decades of experience across finance, sales, and digital media, how has your cross-functional background influenced the way you approach scalable growth in performance marketing?

    My experience across many fields has shaped my approach to growth which I present with strategy and execution in mind. In finance I learned the value of discipline around profit and risk management which sales taught me to put the customer forward in all we do. Digital media gave me the chance to be flexible and come up with solutions very quickly. What I do is bring those three perspectives together to create sustainable growth which stands the test of time as opposed to going for quick wins. At AdCounty Media we are into creating real value through building strong partnerships and implementing technology which improves what we do. We have a cross functional approach which we use to develop a balanced, accountable growth strategy that also plays into the long term stakeholder interest. This is key in our performance marketing strategy.

    8.Looking ahead, what emerging trends or innovations – such as influencer commerce, programmatic buying, or performance-driven creator partnerships – will define the next phase of digital marketing in India?

    Digital marketing in India is growing because of better online shopping and a bigger group of content creators. Influencer marketing, targeted ads, and when creators work with brands to get specific results are all helping to make marketing more responsible and easier to track. At AdCounty Media, we bring tech, data, and creativity together to make campaigns that grab attention and get results. We use advanced analytics and programmatic tools to help brands meet the right people at the right moment, turning content into real business wins.

    9.With Adcounty Media’s IPO journey, how do you plan to leverage the listing to accelerate technological innovation and expand your performance marketing capabilities?

    This marks an important milestone for us, as the IPO allows us to have the capital and credibility to drive innovation. We will continue to develop our technology infrastructure by investing heavily in AI-powered solutions and utilizing advanced analytics in order to create successful campaigns. Listing will enable us to create further partnership options, access to new markets and build our existing talent pool. The investments we will make will contribute positively to the added value of our clients and support us in providing responsible growth. Our efforts at AdCounty Media remain focused on the development of long-term sustainable solutions that improve performance. The IPO provides us with a strong foundation from which to pursue long-term growth with discipline and a visionary strategy.

    10.How will going public enhance transparency, governance, and investor confidence, especially in a performance-driven digital marketing business model like CPS and CPL?

    Being listed on the stock market will help us keep our promise to be open, honest, and responsible. As a public company, we will have to follow rules and regulations and report on our finances more carefully through stricter auditing processes. This will help build trust in our business with all of our stakeholders. Stakeholder confidence is especially important in the performance marketing space because accountability and measurable results are key success factors. By offering complete and transparent disclosure and using a strong governance structure, we will provide confidence to our clients, partners and investors to trust our operations.Goingpublic is not only AdCounty Media’s financial goal but also offers us the chance to build lasting business partnerships and improve our reputation. In the end, we believe that greater openness will lead to steady expansion and ongoing leadership in performance marketing.

    As digital ecosystems grow more intelligent, measurable, and privacy-centric, the future of performance marketing will belong to organizations that combine innovation with accountability. Aditya Jangid emphasizes that sustainable growth lies in balancing short-term ROI with long-term brand equity, backed by strong governance and data-driven strategy. Following its successful public listing, AdCounty Media is now focused on accelerating technological investments, strengthening partnerships, and setting new benchmarks for transparency, efficiency, and performance in India’s evolving digital marketing landscape.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • Silverline Technologies Receives Letter of Intent from UAE-Based Trueledger Technologies FZE for Potential Strategic Investment

    Silverline Technologies Receives Letter of Intent from UAE-Based Trueledger Technologies FZE for Potential Strategic Investment

    Trueledger Technologies FZE’s preliminary interest in exploring a potential strategic investment of up to a 20% stake in Silverline Technologies

    Thane (Maharashtra) [India], February 21: Silverline Technologies Ltd (BSE – 500389) a global technology consulting, software and digital transformation solutions provider has received a non-binding Letter of Intent (LOI) from Trueledger Technologies FZE, a UAE-based technology research and holding company, expressing interest in exploring a potential strategic investment of up to 20% stake in the Company.

    Highlights:-

    • Company has on boarded 4,000 plus registered Users in a week for recently launched ‘SilverAI’; Annual revenue potential estimates at Rs. 430-450 crore
    • Silver AI Platform estimates reaching 5 lakh registered users in 45 days. To reduce Pro Subscription fee to USD 9 per user per month to drive mass adoption
    • The Company has executed a rapid five-phase rollout within 30 days, underscoring strong speed-to-market and engineering depth.
    • Even at 10% conversion, annual revenue potential estimated to be around Rs. 43 crore and at 20% conversion it is estimated to be around Rs. 86 crore.
    • India’s AI chatbot market is expanding rapidly and projected to reach $26.4 billion by 2031.
    • Company has successfully finalized a Rs. 26-crore settlement with the Apex Urban Co-operative Bank

    For H1FY26, company has reported net profit of Rs. 18.41 crore and of Rs. 200.16 crore.

    The proposed investment aims to provide strategic exposure to Silverline’s fast-growing artificial intelligence–led initiatives and emerging technology platforms. The Company believes this interest reflects growing confidence in its AI-driven strategy and long-term growth roadmap.

    The final terms, including investment structure, valuation, pricing, and rights (if any), remain under discussion. The LOI is non-binding and intended solely to facilitate further discussions. No definitive agreement has been executed, and there is no assurance that the discussions will result in a completed transaction.

    Company has received a strong response for its AI – enabled web platform “SilverAI”https://ai.silverlinetechnologies.in underscoring the platform’s potential to evolve into a scalable, subscription-led revenue engine. The Platform estimates reaching 5 lakh registered users in 45 days and further plans to reduce Pro Subscription fee to USD 9 per user per month to drive mass adoption

    Since its launch on 2 Feb 2026, Silver AI has recorded over 24,000 registered users in a week’s time reflecting robust market acceptance and growing interest in AI-driven productivity and enterprise solutions. At full pro adoption with 5 lakh registered users with USD 9 per user per month, the company estimates annual revenue potential of Rs. 430-450 crore.

    To further enhance adoption and deepen user engagement, the company has decided to provide free access to the Pro version of Silver AI to all users for the next six months, subject to applicable terms and conditions. This initiative is strategically designed to maximise usage, gather structured user feedback, and further stabilise and refine the platform ahead of large-scale monetisation.

    Commenting on the development, Mr. Yakin Joshi, Managing Director, Silverline Technologies Ltd said, “We are pleased to inform that company has received LOI from Trueledger Technologies FZE’s preliminary interest in exploring a potential strategic investment of up to a 20% stake in the company.  Additionally company has received very good response for the recently launched – SilverAI with 24,000 plus registered users in the first week of launch and Company is evaluating a volume-driven pricing model for the Pro version of Silver AI. Subject to achieving approximately 500,000 registered users within the next 45 days, the Company plans to price the Pro subscription at USD 9 per user per month, with the objective of driving mass adoption and higher conversion rates. At this pricing level, company has potential to reach monthly revenue of USD 54 million, translating into indicative Rs. 430-450 crore annualised revenue potential for the company assuming full pro adoption. Even at partial conversion levels the revenue impact remains significant for the company.”

    At 10% conversion, annual revenue potential estimated to be around Rs. 43 crore and at 20% conversion it is estimated to be around Rs. 86 crore.

    The Company continues to enhance Silver AI across performance, features, usability, and scalability, leveraging continuous user feedback and analytics. Silverline believes that the early traction of Silver AI strongly supports its strategic objective of building AI-led, product-driven, recurring revenue streams for long-term stakeholder value creation.

    “Silver AI” is the Company’s AI-enabled web platform designed to provide a conversational, assistive interface for productivity and knowledge workflows. The platform has been developed to support users through an intuitive chat-style experience, aimed at improving efficiency in everyday professional and organisational tasks.  India’s AI chatbot market is expanding rapidly and projected to reach $26.4 billion by 2031and Silver AI is well positioned to tap the growing opportunity with the launch of this initiative.

    The Company has executed a rapid five-phase rollout within 30 days, underscoring strong speed-to-market and engineering depth. The web platform is live, with mobile, multimodal AI, and advanced healthcare applications rolling out progressively, supported by a private-by-design, fully encrypted, enterprise-ready architecture.

    “The launch marks a key milestone in Silverline’s product roadmap and strengthens its presence in high-growth technology segments. It positions the Company for a first-mover advantage in India-focused edge AI and healthcare, at the intersection of accelerating AI adoption, digital health transformation, and localized computing,” added Mr. Yakin Joshi.

    Silver AI is accessible through standard web browsers and requires no specialised hardware, enabling rapid onboarding and broad usability across diverse user segments. Designed around a conversational chat interface, the platform allows users to efficiently generate, refine, and structure professional and business outputs, including drafting, summarisation, re-writing, brainstorming, and structured responses, thereby improving productivity and decision-making. The platform reflects the Company’s strategic focus on building indigenous product intellectual property, with flexibility to support India-first localisation while remaining relevant for global users. Developed as a scalable platform foundation, Silver AI is designed to support the phased addition of new modules, workflows, and integrations over time, expanding both feature depth and addressable markets.

    In parallel, the Company is progressing an enterprise-readiness roadmap for Silver AI, including structured templates, role-based usage, and controlled deployments, positioning the platform for future enterprise adoption. Strategically, Silver AI strengthens the Company’s AI-led growth narrative, supports potential product-based revenue models, and complements its existing technology services portfolio, reinforcing long-term competitiveness and innovation.

    Company has reported a strong growth for the Q2FY26 for the quarter ended September 30, 2025., Revenue from operations of the company during Q2FY26 has risen to Rs. 100.07 crore, representing a robust growth of over 100 times from the revenue from operations of Rs. 69.7 lakh in the corresponding period last year. Net Profit of the company during Q2FY26 also rise to Rs. 7.26 crore as against net profit of Rs. 3.28 lakh in the corresponding period last year.  For H1FY26, company has reported net profit of Rs. 18.41 crore and Revenue from operations of Rs. 200.16 crore.

    The Company has successfully closed a long-standing litigation with Apex Urban Co-operative Bank (in liquidation) through a court-recorded settlement of Rs. 26 crore, significantly lower than the original claim of Rs. 35.98 crore.

    Founded in 1992, Silverline Technologies is a publicly listed global technology company with over three decades of experience in enterprise software, digital transformation, and IT consulting. Since 2019, the Company has leveraged emerging technologies, strategic partnerships, and investments across AI, cloud, cybersecurity, SAP, analytics, automation, and digital platforms to deliver impactful, innovation-led solutions worldwide.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.