New Delhi (India), August 13: MintCFD is a multi-asset trading platform that offers a new way to trade, making it a top choice for all kinds of CFD trading activities. With an expanding clientele, the company is committed to deliver an unparalleled customer experience through a transparent, customer-first approach. The platform ensures in making trading simple, accessible, affordable, reliable, and profitable for its users.
Recognised as a leading online trading platform, MintCFD offers high – quality transactions across a spectrum of trading options. The platform offers trading opportunities in equities, forex, commodities, indices, and cryptocurrency. It offers access to both Indian and global markets. MintCFD operates on a zero-commission model. It is designed on the notion of maximizing gains for traders and investors. With MintCFD, users can also enjoy 100 times leverage, with a streamlined documentation process, further enhancing its ease and user-efficiency. The platform boasts a user-friendly interface which makes it easy to understand the trading process, promoting trust and confidence among the users.
Along with offering multiple trading options, the platform also provides 24/7 deposit and withdrawal options, allowing investors to navigate market fluctuations with ease. MintCFD is committed to effective risk management, providing advanced stop – loss and take – profit features to help traders limit potential losses and manage risks.
Mr. Raj Patel, CMO, MintCFD conveys, “With MintCFD, you can enjoy a trading experience that sets you apart. Our technology and personal guidance will give you a competitive edge with tight spreads, low fees, and speedy execution. When it comes to online trading, it is important to choose a reliable platform in order to execute efficient trading practices. With MintCFD, the potential is limitless! You can achieve financial freedom and security, with no fee or paperwork.”
The MintCFD mobile application provides trading convenience with fully functional real – time market updates. It provides efficient access to every global market. Users enjoy tight spreads and faster order execution, making it a favored platform for CFD trading.
With a decade’s experience in the financial industry, MintCFD has recognised itself as the first choice for comprehensive trading solutions. Additionally, it provides a 5% first-time deposit offer and a 5% referral offer.
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New Delhi (India), August 13: Talent-GQ Academy of Professional Skills is dedicated to addressing the urgent challenges today’s youth face in their pursuit of meaningful employment. Established in 2024 and headquartered in Delhi, this live online edutech platform was founded by Naveen Singh, a veteran with 14 years of experience in sales, primarily in the edtech sector. Talent-GQ was born out of a profound desire to tackle the complexities fresh graduates encounter in the job market.
A Vision for a Brighter Future
Talent-GQ’s journey began with a powerful vision: to empower individuals with the skills, confidence, and opportunities they need to succeed in their careers. Guided by this vision, Talent-GQ has tirelessly worked to create a platform that equips learners with essential skills and fosters a supportive and nurturing environment for growth.
“At Talent-GQ, we believe in the potential of each and every one of you. Whether you are a fresh graduate taking your first steps into the workforce or a seasoned professional seeking new opportunities, our mission remains the same: to bridge the gap between education and employment and pave the way for a brighter future,” says Naveen Singh.
Innovative Training Programs for Today’s Job Market
Through innovative training programs led by industry experts and tailored to meet the demands of today’s job market, Talent-GQ is committed to unlocking the full potential of its learners and guiding them toward success. From Sales to Customer Support to Talent Acquisition, Talent-GQ offers comprehensive training that prepares learners for the challenges and opportunities that lie ahead.
In a strategic move, Talent-GQ is collaborating with various colleges throughout India to make its certifications mandatory in the final year of BBA and MBA courses. This initiative ensures that graduates are equipped with the necessary skills and ready to make a significant impact in their chosen fields.
A Unique Approach to Skill Development
What sets Talent-GQ apart from other edtech platforms is its unique approach to skill development. While many focus on providing IT certification training with promises of high salary packages, Talent-GQ addresses the reality that freshers often face: being overlooked in the job market. Tier 1 and 2 students may secure placements, but small-town freshers often have no options and are forced to settle for starting salaries as low as ₹8,000 per month. Additionally, government exam dropouts, particularly those over 28, struggle to find employment due to a lack of skills and opportunities.
Talent-GQ is here to change that narrative. With live online classes, industry-centric training, interactive sessions, role plays, projects, assignments, and a 1-year access to an advanced Learning Management System (LMS), Talent-GQ ensures learners gain practical, job-ready skills. This holistic approach empowers fresh graduates and government exam dropouts to secure their first job and build a promising career.
Spreading Awareness and Building Opportunities
This announcement aims to spread awareness aboutTalent-GQ‘s programs and their impact. Talent-GQ aims to reach fresh graduates and government exam dropouts, offering them a lifeline to meaningful employment and career growth.
Join Us in Shaping the Future
Talent-GQ Academy of Professional Skills is dedicated to bridging the gap between education and employment, empowering India’s youth, and building a brighter future for all. Join us in this mission and unlock your full potential.
For more information about Talent-GQ and its programs, visit www.talent-gq.com
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Shravasti (Uttar Pradesh) [India], August 13: In a remarkable move towards sustainable development and water conservation, Konica Minolta Business Solutions India Private Limited, a global leader in digital imaging and document management solutions under its Corporate Social Responsibility (CSR) initiative ‘Project Pravah’, has inaugurated a series of newly constructed check dams in Shravasti District. This project, implemented by Manav Vikas Sanstha, a leading NGO known for its significant contributions to environmental sustainability and healthcare, marks a significant step forward for the local community. These water conservation structures shall control the flow of water and effectively utilise these natural resources, especially during unpredictable rain.
With ‘Pravah’, Konica Minolta and Manav Vikas Sanstha shall be constructing check dams to effectively manage rainwater, improve soil fertility, and enhance the overall quality of life for the region’s residents. By harnessing the power of water conservation, Pravah seeks to contribute significantly to the six crucial Sustainable Development Goals (SDGs) of No Poverty, Good Health & Well-being, Clean Water & Sanitation, Sustainable Cities & Communities, Responsible Consumption & Production, and Climate Action.
The inauguration ceremony, held in July, was a vibrant affair, attended by local farmers, community leaders, and representatives from both Konica Minolta and Manav Vikas Sanstha. The atmosphere was one of hope and optimism as the community gathered to witness the fruition of a project that has transformed their lives.
A Community Transformed
The check dams, strategically constructed across various locations in Shravasti District, are designed to harness and store rainwater, thereby addressing the region’s perennial issue of water scarcity. These structures will be crucial in replenishing groundwater levels and ensuring a reliable water supply for agricultural activities and daily needs. The project is expected to benefit over 6,868 individuals cumulatively.
One of Project Pravah’s unique aspects is its holistic approach. Beyond the construction of check dams, the initiative includes comprehensive training for local farmers in organic farming. This training aims to promote sustainable agricultural practices, reduce dependence on chemical fertilisers, and increase crop yields in an eco-friendly manner.
Corporate Commitment to Sustainability
Commenting on the project going live, Mr. Katsuhisa Asari, Managing Director, Konica Minolta Business Solutions India, said, “Immunising our nation’s farmers against climate variability can lend critical support to their agricultural lands in a way that is contextually relevant and effectively integrated into the region’s development plans. Establishing a water user group, the efforts in Pravah will bring forth a participatory approach, empowering local communities to take ownership of their natural resources while being the prime beneficiaries of their efforts. With the multitude of SDGs we fulfill with Pravah, we hope that the challenges of water scarcity in Motipur and Gabbapur Kalan will see relief and set the tone for a thriving rural economy in the identified villages.”
At the inauguration ceremony, Ms. Ayushi Jain, Deputy CSR Manager, Konica Minolta Business Solutions India, commented, “Today marks a momentous occasion for Shravasti District and Konica Minolta’s commitment to sustainable development. Through ‘Project Pravah,’ we are addressing water scarcity with these check dams and empowering local farmers with organic farming training to enhance their livelihoods.”
Voices From The Ground
Mr. Rajesh Kumar, a local farmer who participated in the organic farming training, shared his enthusiasm: “This project is a blessing for us. The check dams will ensure we have enough water for our crops, and the training has opened our eyes to new farming techniques. We’re excited to see the benefits in the coming seasons.”
Chief Executive Officer Manav Vikas Sanstha highlighted the broader impact of the initiative. “Our goal is not just to address immediate water needs but to create a sustainable Agriculture model that other regions in the nation can replicate,” says Mr. Akul Vashishtha. “The support from Konica Minolta has been instrumental in making this vision a reality. This vision goes hand in glove with the priorities outlined by the Government of India to promote Productivity and Resilience in the Indian Agriculture landscape.”
As the community of Shravasti looks ahead to a future with improved water availability and sustainable farming practices, the inauguration of these check dams stands as a beacon of hope and progress. Project Pravah exemplifies the power of collaboration between corporate entities and NGOs in driving meaningful change.
About Konica Minolta Business Solutions India Private Limited: Konica Minolta Business Solutions India is a part of Konica Minolta, Inc., a premier Japanese multinational corporation, with a market legacy of almost 150 years. They have a worldwide presence spanning over 150 international markets. Their solutions specialize in Production printing, Industrial printing, Enterprise printing solutions and Enterprise Content Management. The organisation has been directly operational in India for the past 13 years, catering to a wide range of printing & document solutions required by Indian corporate customers. Konica Minolta is a pioneer and leader in the field of Digital Production Printing & imaging technologies for Industrial Printing.
Konica Minolta is a leading provider of innovative technology solutions that help businesses create intelligent and connected workplaces, streamline operations, improve customer experiences, and drive growth through technology. By leveraging the latest technologies and best practices, they help businesses improve efficiency, reduce costs, and enhance customer satisfaction. Their unique approach to consulting and professional services, helps to truly understand customers’ business challenges and customized solutions that meet specific business goals. Konica Minolta is committed to corporate social responsibility and sustainable development.
About Manav Vikas Sanstha: Manav Vikas Sanstha is a renowned NGO dedicated to environmental sustainability, education and healthcare initiatives. Manav Vikas Sanstha is committed to empowering communities and fostering holistic development. With more than 30 client partnerships, including corporate and government partners, they have a proven track record of driving positive change nationwide.
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New Delhi (India), August 12: Hilton (NYSE: HLT) has today confirmed plans to extend its global marketing platform, ‘Hilton. For The Stay,’ with new initiatives and investments tailored to the vibrant Indian market. Building on its strategic investments in India, Hilton is proud to announce a collaboration with Bollywood superstar Sidharth Malhotra. This collaboration aims to drive deeper engagement with the platform and emphasize the importance of the Stay as a pivotal part of any travel experience.
Sidharth Malhotra aligns with the modern traveller who is redefining India. “Travelling the world, both for work and leisure, has taught me that it’s not just about where you stay but the entire experience of how it makes you feel. I am always on the lookout for places that offer comfort, elegance, and a sense of home no matter where you are. That’s why I’m excited to be a part of the ‘It Matters Where You Stay’ campaign and share what makes a Hilton stay different,” said Sidharth Malhotra.
As it continues its strategic expansion in India, Hilton is set to triple its portfolio in the coming years, opening new hotels in destinations across the country and diversifying its brand offering to meet rising travel demand in India. Set to open in 2025 and 2027 respectively, the introduction of Curio Collection by Hilton and Waldorf Astoria Hotels & Resorts in Bangalore and Jaipur will bring exceptional new branded experiences and cater to the evolving needs of today’s traveller.
Ben George, senior vice president & commercial director, APAC, Hilton, said: “Our latest activations are a natural extension of our ‘Hilton. For The Stay’ platform in India. Our guests in India crave personalized, authentic experiences, and the stories we will tell together, with renowned names like Sidharth Malhotra will inspire guests to dream book and experience their very own Hilton Stays, exactly the way they want. With more people in India travelling than ever before, we now have even more ways to highlight how a Hilton Stay – driven by our signature hospitality – just feels different.”
Hilton’s celebrity collaborations aim to showcase its dedication to delivering personalized guest experiences. Each element of the Stay is tailored to individual preferences, demonstrating Hilton’s commitment to exceptional service. Over the coming months, Hilton plans to invite other prominent personalities to experience their own bespoke stay to reinforce why it matters where you stay. Against the backdrop of its luxury Conrad Hotels & Resorts in Pune and Bengaluru, these activations will harness appeal of the personalities and connect with the modern affluent travellers of today.
Hilton has also recently launched the refreshed Wedding Diaries that puts the spotlight on its elevated offerings and services to curate bespoke weddings. Later this month, the brand is set to launch a series of impactful partnerships that illustrate its commitment to providing exceptional
guest experiences across diverse segments, including meetings, events, and weddings. These strategic initiatives in India aim to enhance Hilton’s visibility and strengthen its position in the market.
For more information about ‘Hilton. For The Stay’ and to plan your future stays, visit hilton.com or connect with us on WhatsApp.
Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 24 world-class brands comprising more than 7,600 properties and nearly 1.2 million rooms, in 126 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed over 3 billion guests in its more than 100-year history, was named the No. 1 World’s Best Workplace by Great Place to Work and Fortune and has been recognized as a global leader on the Dow Jones Sustainability Indices for seven consecutive years. Hilton has introduced industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the nearly 190 million Hilton Honors members who book directly with Hilton can earn Points for hotel stays and experiences money can’t buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit stories.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.
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New Delhi (India), August 12: In the dazzling world of pageantry and beauty, few stories are as inspiring as that of Dimple D’Souza. A talented makeover artist and model, Dimple has carved out a unique niche for herself, showcasing not just her external beauty but also her inner strength and determination. Recently, she added another feather to her cap by winning the silver category in the prestigious Mrs. India Empress of the Nation Season 2024 by Diva Pageants.
Rising to Prominence
Dimple’s journey to the top has been marked by hard work, passion, and an unyielding commitment to her craft. Her expertise as a makeover artist has been recognized far and wide, earning her the Indians Dreamer Award in 2022. This accolade celebrated her dual talents as a makeover artist and a plus-size model, setting her apart in an industry that often prizes conventional standards of beauty. From her roots as an economics graduate to her current status as a celebrated makeover artist and model, Dimple’s journey is a testament to her unwavering spirit.
Achievements and Aspirations
The silver category win at Mrs. India Empress of the Nation 2024 is a testament to Dimple’s multifaceted talents. It reflects not only her skill in enhancing the beauty of others but also her ability to shine on stage. Dimple’s success at this prestigious pageant is a stepping stone in her ambition to participate in bigger and possibly international pageants, where she hopes to make an even greater impact.
Support and Inspiration
Dimple’s journey has been supported by a strong network of family, friends, and the dedicated team at Diva Pageants. This support system has been instrumental in her rise to fame, providing the encouragement and motivation she needed to reach new heights. The Diva team, under the leadership of Karl and Anjana Mascarenhas, has played a crucial role in shaping her career, offering a platform for married women to pursue their dreams.
Future Endeavors
Looking ahead, Dimple D’Souza is excited about the possibilities that lie ahead. She is eager to continue her journey as a model, breaking barriers and redefining beauty standards. Her aspirations include participating in international pageants, where she aims to represent India and showcase the diverse and inclusive beauty that she embodies.
Dimple’s story is one of perseverance, talent, and the relentless pursuit of excellence. As she continues to make waves in the world of beauty and fashion, she remains an inspiration to many, proving that dreams can indeed become reality with hard work and determination.
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Ahmedabad (Gujarat) [India], August 12: Axita Cotton Ltd, one of the leading manufacturers of exporters of international quality cotton bales, cotton seeds and cotton yarns in India, has recommended issuance of bonus equity shares in the ratio of 1:3 (i.e., 1 bonus equity share of Re. 1 each for every 3 fully paid-up equity shares as on record date) subject to the approvals from the shareholders.
Total income in Q1FY25 at Rs. 154.96 crore; EBITDA at Rs. 5.73 crore
Recommends 1 bonus equity share for every 3 fully paid-up equity share
Company also declared a financial results for the first quarter ended on 30 June, 2024. The company has reported a net profit of Rs. 3.54 crore whereas profit before tax was at Rs. 4.96 crore for the Q1FY25. For the first quarter for financial year 2025, the company’s total income stands at Rs. 154.96 crore and EBIDTA at Rs. 5.73 crore.
Commenting on the company performance during the period, Mr. Nitinbhai Patel, Chairman and Managing Director, Axita Cotton Ltd said “We are happy to announce strong quarterly results despite challenging industry scenario and global sluggishness. The central government is making all possible efforts towards gaining access to the new markets. Indian Textile industry is one of the key industries of the country and the government through its policies and initiatives continues to give further push to the industry so that it become global competitive and increase its global share.”
For the year ended on 31 March, 2024, Axita Cotton Ltd had reported a net profit of Rs. 20.33 crore, profit before tax at Rs. 27.30 crore and total income of Rs. 1,104.38 crore.
Axita Cotton’s production facility is strategically located at Kadi in Mehsana district of Gujarat. This ideal location places the company in close proximity to the thriving cotton-growing regions of Saurashtra and other parts of Gujarat, enabling it to source the finest raw materials and ensure the utmost quality in its products.
The organic cotton industry is growing rapidly as consumers become more aware of the environmental and social impacts of conventional cotton production. In 2020, the global market for organic cotton was valued at $1.3 billion, and it is expected to grow to $2.5 billion by 2025.
India has emerged as the world’s fastest-growing major economy, and it is predicted to be one of the top economic powers in the next decade, owing to its robust democracy and strong partnerships. India is the largest producer of cotton globally. It is a crop that holds significant importance for the Indian economy and the livelihood of the Indian cotton farmers. The industry is sustaining livelihoods to millions of people in rural and semi urban areas by providing them employment directly and indirectly, including a large number of women and rural population. Cotton is one of the most important cash crops and accounts for around 25% of the total global fibre production. The close linkage of textiles industry to agriculture (for raw materials such as cotton) and the ancient culture and traditions of the country in terms of textiles makes it unique in comparison to other industries in the country.
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Bangalore (Karnataka) [India], August 12: Kennametal India Limited concluded Q4 FY24, ended June 30, 2024, registering sales of ₹ 3,024 Mn, 8.3% higher as compared to ₹ 2,793 Mn in the same quarter last fiscal, driven by volume growth by the Hard Metal segment and a strong performance by the Machining Solutions Group. Profit Before Tax (PBT) was ₹ 400 Mn against ₹269 Mn, up 48.7% over the same quarter last fiscal.
Commenting on the results, Vijaykrishnan Venkatesan, Managing Director, Kennametal India said, “Our financial performance was largely driven by domestic market growth and operational excellence leading to higher profitability. We saw robust orders by the Machining Solutions Group, delivering growth of over 20.5% for the quarter. We continued to execute our strategic imperatives, which drove profitable growth and maintained our focus on long-term value creation for our stakeholders.”
About Kennametal
Kennametal India Limited is a subsidiary of Kennametal Inc., USA. With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling, and wear-resistant solutions. Customers across aerospace, earthworks, energy, general engineering, and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,600 employees are helping customers in more than 60 countries to stay competitive. Kennametal Inc. generated approximately $2.1 billion in revenues in fiscal 2024. Learn more atwww.kennametal.com. Follow @Kennametal: Instagram, Facebook, LinkedIn, and YouTube.
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Mumbai (Maharashtra) [India], August 12: Cressanda Railway Solutions (BSE: CRESSAN) Formerly Known as Cressanda Solutions Ltd a leading private Railway auxiliary concierge service and digital media company has announce a strategic partnership with Shaurrya Teleservices Pvt Ltd to provide Wi-Fi and Content on Demand (COD) across the Eastern Railway trains. This groundbreaking initiative will commence with a pilot project on a long-distance train originating from the Howrah division and traveling to Barmer, Rajasthan.
This partnership is poised to revolutionize digital connectivity in trains across India, marking a significant step towards realizing the vision of a truly Digital India. By offering enhanced connectivity, passengers will experience a more seamless and enjoyable journey, further bridging the digital divide.
Shaurrya Teleservices Pvt Ltd: Shaurrya Teleservices is a leader in Neutral Digital Infrastructure, specializing in building and leasing rooftop sites, in-building coverage solutions, and small cell sites shared by major mobile operators such as Airtel, BSNL, Jio, and Vodafone Idea. The company is also dedicated to developing neutral passive infrastructure for Fiber to the Home (FTTH). With this new partnership, Shaurrya Teleservices continues to drive innovation in the telecom sector.
Cressanda Railway Solutions Ltd: (BSE: CRESSAN) formerly known as Cressanda Solutions Ltd., a leading private sector Railway auxiliary (Concierge) service and digital media company. Additionally, Cressanda Railway Solutions under its Concierge Services tender for Eastern Railway, enabling them to provide wheelchair services starting with the Howrah and Sealdah stations. The wheelchair service commenced on August 1, 2024, at Howrah station and will soon expand to Sealdah and other divisions, ensuring better accessibility for all passengers.
In a further move to enhance passenger convenience, Cressanda Railway Solutions Ltd has entered into a definitive agreement with Rail Services, acquiring the Rail Services App. Through the Rail Services app, commuters can easily book wheelchair services, making travel more accessible and hassle-free.
“We are thrilled to partner with Shaurrya Teleservices to bring cutting-edge digital connectivity to the Eastern Railway,” said Arun Tyagi, MD of Cressanda Railway Solutions Ltd. “This initiative aligns with our commitment to improving passenger experiences and supporting the Digital India mission.”
Pankaj Agrawal, Founder of Shaurrya Teleservices, added, “Our collaboration with Cressanda Railway Services marks a significant milestone in enhancing digital infrastructure in India’s railway network. We are excited to contribute our expertise and innovative solutions to this transformative project. This would be our first step towards creating infrastructure that would be used for Open RAN once there is regulatory clarity”
About Cressanda Railway Services Ltd: Cressanda Railway Services Ltd is committed to enhancing the railway travel experience through innovative digital solutions and concierge services. The company’s recent initiatives include providing Wi-Fi and COD services across the Eastern Railway and introducing wheelchair services to improve accessibility for passengers apart from pick up & drop services and on board sale of non-catering items inside the Eastern Railway trains.
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Ahmedabad (Gujarat) [India], August 10: Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands has reported significant improvement in the operational and financial performance during Q1 of FY 2024-25 ended 30th June 2024.
Business Highlights:-
Exports for Q1 FY25 was reported at Rs. 50 crore; comprising of 15% of Revenue
Company signed Bollywood star Ranbir Kapoor as brand ambassador and launched campaign “Premium ka Pappa”
Company has received “No Objection” from stock exchanges, BSE and NSE for the proposed Demerger Scheme of Arrangement amongst Asian Granito India Ltd and other entities.
Approved proposal to increase authorised share capital to Rs. 320 crore consisting of 32 crore equity shares of Rs. 10 each
Consolidated Highlights: – Q1 FY25 Results
The Company has reported a consolidated net profit of Rs. 0.3 crore for Q1FY25 ended 30th June 2024 as compared to the net loss of Rs. 3.6 crore in Q1FY24. Consolidated net sales for the first quarter of FY24-25 reported growth of 3% to Rs. 343.2 crore as against net sales of Rs. 334.8 crore in QI FY23-24. EBITDA for Q1 FY25 stood at Rs. 16.1 crore (EBITDA Margin 4.7%) as against EBITDA of Rs. 9.6 crore (EBITDA Margin 2.9%) in QI FY24.
Standalone Highlights: – Q1FY25 Results
The Company has reported a standalone net profit of Rs. 4.6 crore for the Q1FY25 ended 30th June 2024 as compared to the net profit of Rs. 5.6 crore for in Q1FY24. Standalone Net sales of the company in Q1FY25 was reported at Rs. 277.6 crore as against net sales of Rs. 292.7 crore in Q1FY24. EBITDA for Q1FY25 stood at Rs. 7.9 crore (EBITDA Margin 2.8%) as against EBITDA of Rs. 3.8 crore (EBITDA Margin 1.3%) in Q1FY24, growth of 108% Y-o-Y. Exports for the Q1FY25 was reported at Rs. 43.9 crore, rise of 5% Y-o-Y as compared to export of Rs. 41.8 crore in Q1FY24.
Commenting on the results and performance Mr. Kamlesh Patel, Chairman and Managing Director, Asian Granito India Ltd said, “The Company has commenced the financial year with enhanced operational and financial performance in Q1FY25. Looking ahead, the company remains optimistic and is poised for significant growth in the coming years. Strategic initiatives such as the Morbi expansion, the AGL demerger, focus on retail presence, showroom expansion and the appointment of Ranbir Kapoor as brand ambassador demonstrate the company’s strong commitment to growth and its aspiration to become a global brand. With a steadfast commitment to thought leadership, the company aims to achieve a total revenue of Rs. 6,000 Crore, driven by a visionary long-term strategy.”
The company has successfully completed its expansion plans by establishing manufacturing units under Future Ceramic Pvt Ltd and AGL Sanitaryware Pvt Ltd. Additionally, the company is investing Rs. 73.80 crore to set up a Mega Display Centre cum Office in Ahmedabad and a Stock Point for trading building construction materials.
Company has recently received “No Objection” letter from stock exchanges – Bombay Stock Exchange and National Stock Exchange for the proposed Demerger Scheme of Arrangement amongst Asian Granito India Ltd and Affil Vitrified Pvt Ltd, Ivanta Ceramics Industries Pvt Ltd, Crystal Ceramic Industries Ltd, Affil Ceramics Ltd, Ivanta Ceramic Ltd, Crystal Vitrified Ltd, Amazoone Ceramics Ltd, AGL Industries Ltd, Adicon Ceramica Tiles Pvt Ltd and Adicon Ceramics Ltd. The Scheme of Arrangement remains subject to receipt of other applicable statutory and regulatory approvals inter-alia including from Hon’ble National Company Law Tribunal and the respective shareholders and creditors, under applicable laws.
Board of Directors on 4 July 2024 has approved the proposal to increase the authorised capital of the company from Rs. 150 crore consisting of 15 crore equity shares of Rs. 10 each to Rs. 320 crore consisting of 32 crore equity shares of Rs. 10 each, subject to approval of shareholders of the Company.
In June 2024, Company has incorporated Subsidiary, M/s. AGL Stones LLP with an objective to carry on Trading activities in various types of tiles mainly large slabs tiles, quartz slabs etc. and it will specifically focus on exports to USA market. Asian Granito India Ltd holds 51% in the venture. The Company has also incorporated Wholly Owned Subsidiary in Thailand named Harmony Surfaces (Thailand) Ltd on 18 June, 2024 with an objective to undertake the trading activities of all type of Tiles.
In a strategic move to elevate the AGL brand, the company has signed Bollywood superstar Ranbir Kapoor as its brand ambassador and launched the “Premium ka Pappa” campaign. This partnership highlights the brand’s commitment to excellence and sets the stage for an exciting future. With Kapoor’s endorsement, the brand aims to expand its reach, particularly among the youth, advancing its vision of growth and connectivity.
In a short span of two decades, Asian Granito India Ltd has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand. The Company manufacture and markets a range of Tiles, Engineered Marble and Quartz, Sanitaryware and Faucets. The Company has 235 plus exclusive franchisee showrooms, 12 company owned display centers and an extensive marketing and distribution network pan India with 14,000 plus touchpoints including distributors, dealers and sub-dealers in India. The Company also exports to more than 100 countries.
About Asian Granito India Limited
Established in the year 2000, Asian Granito India Ltd. (AGL) has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand in a short span of two decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Sanitaryware and Faucets. AGL products are synonymous with reliability, adaptability, innovation, quality consciousness and the company has created a strong brand identity, well recognized globally and loyal customer following across segments. Today it is 4th largest listed ceramic tile company in India with employee strength of 6,000 plus.
Ranked amongst the top ceramic tiles companies in India, AGL has achieved over 65 times growth in its production capacity, from 0.83 Million Sq. Mtrs. Per Annum in FY 2000 to 54.5 Million Sq. Mtrs. Per Annum in FY 2023. AGL is also the only tiles company to be acknowledged in the Vibrant Gujarat Summit 2015 for achieving phenomenal growth.
The Company has 14 state-of-the-art manufacturing units spread across Gujarat and 235 plus exclusive franchisee showrooms, 12 company owned display centers across India. Further, the Company has an extensive marketing and distribution network pan India with 14,000 plus touchpoints including distributors, dealers and sub-dealers in India. The company also exports to more than 100 countries.
The Company looks to strengthen its identity as the leader in the Indian ceramic industry by consistently introducing innovative and value-added products in the market to keep pace with its valued customers. Headquartered in Ahmedabad, AGL is listed on NSE & BSE and reported net consolidated turnover of INR 1530.6 crore in FY 2024. (For more information, please visit: www.aglasiangranito.com)
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New Delhi (India), August 10: Mithlesh Gupta Social Welfare Foundation was founded by her sons, Rahul Gupta and Manish Gupta, directors of True Nutrition Performance Private Limited, on August 8, 2024. They founded the Social Welfare Foundation in memory of their beloved mother to carry on her illustrious legacy of selfless giving and dedication to society. The foundation aims to strengthen local communities by meeting basic needs and encouraging sustainable development.
The foundation, named in honor of Smt. Mithlesh Gupta, works to further her dream of a more caring society. The foundation aims to reduce poverty by providing essential social services such as an old age home, emergency aid, educational support, and affordable meals through Apna Khana. As they embark on this mission, they invite the community to join in honoring Smt. Gupta’s enduring spirit of service and making a tangible impact through volunteering, donations, and partnerships
How does the Mithlesh Gupta Social Welfare Foundation honor Smt. Mithlesh Gupta’s legacy through its initiatives and programs?
In keeping with her long history of selflessness and devotion to helping those in need, we are currently implementing many initiatives that cater to the food and health needs of the needy through various programs.
Apna Khana provides low-cost meals to those in need. We commit to provide universal access to health care and assistance for the elderly by organizing health camps, providing free medical assistance, and establishing old age homes to uphold their dignity and provide a more comfortable and secure living environment.
2. How did the Mithlesh Gupta Social Welfare Foundation originate, and how are its founders carrying on their mother’s legacy of service and compassion?
Inception Inspiration and initiative are the principles we hold in admiration for her. We established the Mithlesh Gupta Social Welfare Foundation to honor our mother, Smt. Mithlesh Gupta, for her lifelong dedication to social service. Her values of compassion and community support inspire and motivate us. We continue her mission of helping those in need, focusing on impactful community programs, and have implemented various initiatives, such as healthcare camps, educational programs, and old age homes, to address pressing community needs. We want to preserve her legacy by maintaining and expanding these programs, so that empathy and service will continue to benefit future generations.
3. What personal experiences with Smt. Mithlesh Gupta influenced the foundation’s formation?
We frequently saw our mother, Smt. Mithlesh Gupta, helping neighbours and community members in need. She demonstrated compassion and the importance of kindness and support. Growing up, we observed her active participation in local charitable activities, which inspired us to prioritize social welfare. Her dedication to caring for elderly relatives moved us, highlighting the need for respectful and secure environments for seniors, which led to the creation of old-age homes.
4. What inspired the specific programs, such as Apna Khana and the Old Age Home, and how do they reflect the values of Smt. Mithlesh Gupta?
Smt. Mithlesh Gupta’s dedication to eradicating world hunger by ensuring adequate food for everyone served as inspiration to Apna Khana. She strongly believes in the need to provide a respectful and loving home for those in their twilight years. So, the Old Age Home initiative is a direct result of her profound reverence for them. Her tireless fight for affordable healthcare sparked the establishment of health camps to improve healthcare accessibility for the poor.
5. In what ways do the foundation’s programs, such as Apna Khana and the Old Age Home, address the most pressing needs in the community?
Apna Khana delivers low-cost meals to the poor, providing them with access to nutritional food while battling hunger and malnutrition. The Old Age Home provides a safe and comfortable living environment for senior citizens, meeting their needs for security, companionship, and healthcare. Both initiatives frequently work with healthcare practitioners to provide free medical check-ups, ensuring the community’s physical health.
For more information contact us at
Address: 834 Nitikhand 1 Indirapuram Ghaziabad
Mail Id: join@msw.foundation
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