Tag: Business

Haridwar-based tour operator launches affordable 9-night sacred circuit with lucky draw offering four free packages

Haridwar (Uttarakhand) [India], December 18: Royals Services (Royals Yatra), a leading pilgrimage tour operator based in Haridwar, today announced the launch of its Char Dham Yatra Packages for the 2026 season, featuring an inclusive 9-night, 10-day itinerary priced at ₹15,000 per person. The company will award four complimentary tour packages through a lucky draw on March 1, 2026. For more information about Royals Yatra‘s pilgrimage services and booking details, visit the official website.

Comprehensive Pilgrimage Experience at Accessible Pricing

The Char Dham Yatra Tour Packages 2026 cover all four sacred shrines—Yamunotri, Gangotri, Kedarnath, and Badrinath—with complete accommodation, meals, transportation, and government-mandated registrations included in the package price.

“After organizing Char Dham pilgrimages for years, we understand that cost often prevents families from undertaking this transformative spiritual journey,” said a spokesperson for Royals Services (Royals Yatra). “Our 2026 packages balance affordability with safety and comfort, making the sacred circuit accessible to middle-class families across India.”

Package Details and Inclusions

Pricing Structure:

• Per person cost: ₹15,000 (twin sharing basis)
• Minimum booking: 2 persons
• Registration amount: ₹1,000
• Balance payment: Collected at Haridwar office before departure

Package Component	Details
Duration	9 Nights / 10 Days
Per Person Cost	₹15,000 (twin sharing)
Registration Fee	₹1,000 only
Balance Payment	₹14,000 at Haridwar office
Minimum Booking	2 persons required

Package Inclusions:

Inclusion	Specification
Accommodation	9 nights in standard hotels
Meals	Breakfast + Dinner (18 meals total)
Transportation	Non-AC bus for entire circuit
Registration	All government permits included
Tour Management	Experienced guides and support staff

Strategic Itinerary Designed for Pilgrim Safety

The 10-day journey has been carefully structured to allow proper altitude acclimatization, a critical factor often overlooked by budget operators.

Complete Itinerary:

Day	Destination	Nights	Altitude	Purpose
1	Haridwar	1	314m	Arrival and orientation
2-3	Barkot	2	1,220m	Base for Yamunotri visit
4-5	Uttarkashi	2	1,158m	Gangotri access point
6	Sitapur	1	1,300m	Kedarnath preparation
7	Kedarnath	1	3,583m	Sacred shrine darshan
8	Guptkashi	1	1,319m	Recovery and rest
9	Badrinath	1	3,133m	Final sacred shrine
10	Haridwar	–	314m	Departure

“The Kedarnath segment at over 3,500 meters altitude requires proper acclimatization,” the company explained. “Our itinerary includes strategic overnight stops that reduce altitude sickness risks while maximizing the spiritual experience.”

Lucky Draw Announcement: Four Free Packages

In a move to make the pilgrimage more accessible, Royals Services (Royals Yatra) will conduct a lucky draw on March 1, 2026, at 12:00 noon at their Haridwar office.

Lucky Draw Details:

Aspect	Details
Prize	4 complimentary Char Dham Yatra packages
Total Value	₹60,000 (4 packages × ₹15,000)
Draw Date	March 1, 2026
Draw Time	12:00 noon sharp
Eligibility	All bookings with ₹1,000 registration paid before March 1
Winner Notification	Via registered phone and email
Transparency	Video-documented draw process

“We believe more people should experience this sacred journey,” the company stated. “This giveaway is our way of giving back to the pilgrim community.”

Safety and Compliance Standards

All Char Dham Yatra Packages comply with Uttarakhand government guidelines for pilgrim safety and registration. The company maintains relationships with verified hotels across the circuit and employs drivers with over 10 years of mountain driving experience.

Additional safety measures include:

• Pre-departure health briefings
• Emergency contact systems at all locations
• Weather monitoring and route flexibility
• Medical facility tie-ups along the route

Booking Process and Contact Information

Pilgrims can secure their spot with a minimal ₹1,000 registration amount, with the balance of ₹14,000 payable at the Haridwar office before departure.

Royals Services (Royals Yatra) Head Office:
Plot No. 17, Opposite The Oxford School
Roshanabad, Navodaya Nagar, Kutchery
Haridwar, Uttarakhand – 249403

Contact:
Phone: +91 9412322968
Email: royalsservices1@gmail.com
Website: https://www.royalsyatra.com/
Office Hours: 9:00 AM – 6:00 PM, Monday-Saturday

About the Char Dham Yatra

The Char Dham Yatra encompasses four sacred Hindu shrines in the Garhwal Himalayas of Uttarakhand: Yamunotri (dedicated to Goddess Yamuna), Gangotri (source of the holy Ganges), Kedarnath (one of the twelve Jyotirlingas), and Badrinath (dedicated to Lord Vishnu). Over 3 million pilgrims undertake this journey annually between April and November.

About Royals Services (Royals Yatra)

Royals Services (Royals Yatra) is a Haridwar-based tour operator specializing in Char Dham and other Uttarakhand pilgrimages. The company focuses on providing safe, affordable, and authentic spiritual tourism experiences with emphasis on proper acclimatization, government compliance, and transparent pricing.

For more information about the Char Dham Yatra 2026 packages or to register for the lucky draw, contact Royals Services (Royals Yatra) at the details provided above or visit https://www.royalsyatra.com/destination/char-dham-yatra-packages.

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Surat (Gujarat) [India], December 18: The Southern Gujarat Chamber of Commerce & Industry (SGCCI), in association with the Surat Embroidery Association (SEA), will organize the “Surat International Textile & Machinery Expo – SITME 2026 – Embroidery Machinery Expo” from 9th to 12th January 2026 at the Surat International Exhibition & Convention Centre (SIECC), Sarsana, Surat.

The four-day exhibition will remain open to visitors daily from 10:00 AM to 7:00 PM and will serve as a significant platform for showcasing the latest developments in embroidery and textile machinery.

Speaking about the initiative, Mr. Nikhil Madrasi, President of SGCCI, stated that SGCCI is consistently working towards developing Surat as a major hub for textile machinery manufacturing. He emphasized that encouraging local production of textile and embroidery machinery in Surat, with exports to global markets, aligns strongly with the Hon’ble Prime Minister’s “Make in India” vision. Advanced textile machinery, he added, will play a crucial role in strengthening Surat’s position as an international textile brand.

Highlighting the importance of the embroidery sector, Mr. Manohar Tekchandani, President of the Surat Embroidery Association, noted that Surat is the second-largest embroidery hub in the world. Currently, around 2.5 lakh embroidery machines are operational in the city, generating employment for nearly 10 to 12 lakh people, with a significant contribution to women’s employment.

The SITME 2026 – Embroidery Machinery Expo will witness participation from over 60 textile machinery manufacturers from Surat, Ahmedabad, Pune, and New Delhi, collectively showcasing more than 100 advanced embroidery machines. The exhibition is expected to attract over 25,000 buyers and visitors from across the country through online registrations, including more than 1,000 buyers from outside Surat.

SITME 2026 will provide an excellent opportunity for textile machinery manufacturers, dealers, wholesalers, and retailers to display their latest products and services. The expo is designed to create meaningful business opportunities for textile manufacturers, job workers, entrepreneurs, buyers, and sellers, enabling them to expand their businesses at national and global levels.

Positioned as an “Industry for Industry” exhibition, SITME 2026 aims to benefit all stakeholders in the machinery and textile ecosystem by fostering innovation, collaboration, and growth.

Free online visitor registration is available at: https://expo.sgcci.in/sitme26

Hyderabad (Telangana) [India], December 18: EPW India Limited, an IT electronics refurbishing company engaged in the refurbishment, resale, and lifecycle management of used IT and electronic equipment, has announced the opening of its Initial Public Offering (IPO). The IPO will open on Monday, December 22, 2025, and close on Wednesday, December 24, 2025. The Company’s equity shares are proposed to be listed on the NSE SME (Emerge) Platform.

IPO Details

• Issue Type: 100% Fresh Issue
• Issue Size: Up to 32,79,600 equity shares of face value ₹5 each
• Price Band: ₹95– ₹97 per equity share
• Lot size: 1,200 Equity Shares
• Listing Platform: NSE SME (Emerge)

Objects of the Issue

The net proceeds from the IPO are proposed to be utilised for:

• Working capital requirements – ₹1,584.81 lakhs
• Repayment of banking facilities – ₹850.00 lakhs
• General Corporate Purpose

Share Allocation

• Net Issue: Upto 31,15,200 Equity Shares
• Market Maker Reservation: Upto 1,64,400 Equity Shares
• Anchor Investors: Not more than 9,32,400 Equity Shares
• Net QIB: Not more than 6,22,800 Equity Shares
• Non- Individual Investors: Not less than 4,68,000 Equity Shares
• Individual Investors: Not less than 10,92,000 Equity Shares

IPO Timeline

• Anchor Investor Bidding Date: Friday, December 19, 2025
• Issue Opens: Monday, December 22, 2025
• Issue Closes: Wednesday, December 24, 2025

Offer Intermediaries

• Book Running Lead Manager: Getfive Advisors Private Limited
• Registrar to the Issue: Bigshare Services Private Limited
• Underwriter: Getfive Advisors Private Limited
• Market Maker: SMC Global Securities Limited

Management Commentary

Mr. Yousuf Uddin, Promoter, EPW India Limited, said:
“EPW India was founded with a clear vision to contribute meaningfully to India’s sustainability and circular economy goals. As electronic consumption rises, responsible e-waste management has become critical. Our focus on compliance-driven operations, scalable processes, and environmental stewardship positions us well to capitalize on this structural opportunity. The IPO marks an important milestone in strengthening our operational capabilities and long-term growth journey.”

Director, Getfive Advisors Private Limited, added:
“EPW India operates in a sector with strong regulatory tailwinds and increasing corporate participation under EPR norms. The Company’s early-mover advantage, compliance-led approach, and scalable business model make it a compelling SME listing opportunity in India’s fast-growing environmental services space.”

About EPW India Limited 

EPW India Limited was originally incorporated in April 2021 and has since established itself as a compliant and process-oriented player in India’s rapidly evolving e-waste and circular economy ecosystem. The Company operates with a strong focus on regulatory compliance, environmental responsibility, and sustainable waste processing practices, aligned with India’s EPR (Extended Producer Responsibility) framework.

The Company offers integrated services across collection, segregation, dismantling, recycling, and environmentally responsible disposal of electronic waste, catering to corporates, institutions, and authorized channel partners. EPW India’s operations are supported by experienced promoters and a professional management team, enabling scalable growth in a sector driven by rising electronics consumption and stricter environmental regulations.

• For FY25 (Standalone), the Company reported Revenue of ₹5,187.54 lakhs, EBITDA of ₹592.70 lakhs, and PAT of ₹413.25 lakhs.
• In H1FY25 (Standalone), the Company reported Revenue of ₹3,836.13 lakhs, EBITDA of ₹ 561.32 lakhs, and PAT of ₹ 350.98 lakhs.

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Alwar (Rajasthan) [India], December 18: Rajasthan has emerged as an important contributor to India’s expanding food manufacturing sector, and at the centre of this transformation is Qoot Food Limited. As the first food company in the state to earn the prestigious ZED Gold Certification under the MSME Sustainable ZED Scheme, Qoot represents a new benchmark in quality, compliance, and responsible food production. The company’s journey reflects how the right systems, standards, and manufacturing discipline can elevate both traditional Indian snacks and modern healthy formats for growing consumer demand in India and abroad.

A Manufacturing Philosophy Rooted in Quality and Responsibility

Qoot Food Limited has built its reputation on a clear principle: good food must balance taste, nutrition, safety, and consistency. Achieving ZED Gold Certification is a direct reflection of this philosophy. The certification assesses multiple dimensions of manufacturing excellence, including hygiene, sustainability practices, waste reduction, process control, and quality assurance. For a food company, these parameters are especially significant. They determine whether a product remains safe across batches, travels well across markets, and offers consumers the same experience every time.

At its manufacturing facility in Alwar, Qoot operates with documented processes that ensure each step of production, from raw material handling to final packaging, follows strict quality norms. The company’s compliance culture extends to globally recognised frameworks such as ISO 22000 Food Safety Management System and FDA registration. These layers of quality governance allow Qoot to confidently serve not only domestic markets but also export-focused partners looking for reliable manufacturing depth.

A Wide and Evolving Product Range Designed for Modern Consumers

Qoot’s manufacturing strength is evident in its diverse product portfolio, which blends bakery tradition with the rising preference for healthier, functional snacking. The company produces classic bakery cookies, a popular category in both mass and premium segments. Alongside these, Qoot has built specialised capabilities in healthy cookies, including gluten-free variants, sugar-free lines, and millet honey cookies crafted to align with modern nutritional habits.

Beyond cookies, Qoot has invested in the rapidly expanding category of healthy baked puffs. This includes high-protein millet puffs, low sodium chickpea puffs, multigrain puffs, and quinoa puffs, each formulated to offer healthier alternatives to conventional fried snacks. These products require precision-driven production methods where roasting profiles, moisture levels, and ingredient integrity must be managed with scientific accuracy. Qoot’s facility is equipped to maintain this level of consistency, ensuring that baked snacks remain crisp, nutritionally stable, and free from processing-related imbalances.

How ZED Gold Certification Shapes Everyday Manufacturing

The ZED Gold framework is not just an achievement but an operational guide that influences how Qoot runs its day-to-day manufacturing. It encourages disciplined sourcing, reduced wastage, improved energy efficiency, and data-backed decision-making on the factory floor. For food manufacturing, this leads to cleaner transitions between batches, better allergen handling, and more predictable shelf stability.

For products like gluten-free cookies or chickpea-based puffs, even a minor deviation in ingredient quality or moisture handling can impact texture, taste, and longevity. ZED-aligned processes reduce this risk by establishing clear parameters and continuous monitoring. As a result, Qoot can confidently serve brands that expect consistent results across large-scale orders and diverse product lines.

A Trusted Partner for Private Label and Contract Manufacturing

The rise of new snack brands in India has created high demand for manufacturing partners that can offer not just capacity but credibility. Qoot Food Limited has become a preferred choice for many retailers and D2C brands because its systems are built to support long-term scalability. Private-label clients rely on Qoot for controlled production, clean processing, and the ability to develop products across categories without compromising quality.

The company supports recipe development, packaging integration, and compliance management for its partners. This end-to-end approach allows brands to introduce new variants, enter modern trade, or expand into export markets without the operational burden of handling manufacturing themselves. Qoot’s experience with both established retailers and emerging startups has given the company a deep understanding of how product formulations must adapt to diverse consumer segments and retail channels.

Where Innovation Meets Traditional Strengths

Indian consumers increasingly expect snacks that combine familiar flavours with better nutritional profiles. This is where Qoot’s R&D capabilities play a meaningful role. Whether it is creating millet honey cookies, developing sugar-free formulations, or perfecting high-protein puffs, innovation within Qoot’s facility relies on scientific testing rather than trial-and-error methods. Shelf-life studies, sensory evaluation, and controlled production trials ensure that new products remain viable across real-world conditions.

At the same time, Qoot stays anchored to India’s culinary traditions, ensuring that products inspired by regional tastes retain their authenticity. This balance between tradition and innovation has allowed the company to build strong internal competencies that few manufacturing units in the region possess.

A Model for Sustainable and Compliant Food Manufacturing

Sustainability is an important part of the ZED Gold framework, and Qoot has embedded it into production planning, waste management, and energy use. The company monitors material utilisation closely to reduce losses during mixing, shaping, and baking. Efficient heat management in ovens and controlled airflow systems contribute to lower energy consumption per batch. Packaging selection is also managed responsibly to maintain product stability while minimising environmental impact whenever feasible.

Compliance remains a parallel priority. With ISO 22000 FSMS and FDA registration in place, Qoot ensures traceability from raw ingredients to finished goods. This builds trust among export-oriented clients that depend on consistent documentation, clean processing, and audit-ready systems.

A Growth Story That Reflects India’s Evolving Snack Market

India is now one of the world’s most dynamic markets for baked and healthy snacks. The shift toward multigrain cookies, millet-based products, and protein-rich puffs mirrors a deeper preference for foods that offer both enjoyment and nourishment. Qoot’s specialised capabilities position the company at the centre of this transformation.

Its production of gluten-free cookies, millet honey cookies, sugar-free options, and healthy baked puffs aligns directly with rising consumer expectations across urban markets, export destinations, and modern trade formats. The company’s combination of strong compliance, controlled processes, and product innovation has made it a benchmark for manufacturing excellence in Rajasthan and beyond.

Conclusion

Qoot Food Limited’s journey as Rajasthan’s first ZED Gold food manufacturing unit highlights what modern Indian food companies can achieve when quality systems guide operational decision-making. The company’s ability to produce a broad range of bakery cookies, healthy cookies, and nutrient-forward baked puffs reflects both technical capability and a clear understanding of market needs. As consumer demand continues to shift toward cleaner, healthier, and more reliable snack options, Qoot stands as an example of how disciplined manufacturing can support long-term industry growth. Its success story is not just about certifications or capacity but about building a manufacturing foundation that consistently delivers safe, thoughtful, and well-crafted products to the market.

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 Mrs.Manimegalai Thennarusu and Wife of TN Finance Minister Mr.Velavendan MD, Mr.Kabilamaran- Director Sales and Marketing At Siddharth ,G Sankar Partner Sankar & Associates

Coimbatore (Tamil Nadu) [India], December 16: Hettich India announced the grand opening of Coimbatore’s first Hettich Exclusive (HeX) store, further expanding its web of experiential presence and bringing immersive, hands-on magical interior experiences to customers in South India. The event was inaugurated in the presence of distinguished chief guests Mr. Siddarth Gopala Sankar (Architect, Shankar and Associates, Coimbatore), Mr. John Antony (Architect, Cuboid Architecture, Coimbatore), Mr. Pradeep Arumugam M (Architect, WARP, Coimbatore) and Mrs. Mani Megalai T.

The new HeX store delivers an integrated, solution-focused shopping experience, showcasing curated walk-throughs of contemporary furniture fitted with premium German furniture hardware, architectural door solutions, lighting, and built-in kitchen appliances. Customers can also benefit from complimentary Free Design Services, where expert designers help visualise and create personalised furniture concepts.

Hettich is expanding its experiential touchpoints in South India with their newly revamped company-owned and franchise stores, offering customers and industry professionals deeper inspiration and the opportunity to experience the brand’s latest German-engineered innovations up close.

Commenting on the launch, Mr. Rahul Thakkar, Director – Sales, Hettich India, said: “ Coimbatore has a rich heritage and a taste for premium experiences that enhance everyday living. With the launch of our first HeX store here, we are expanding our experiential touchpoints, enabling customers to not only explore our award-winning fittings and appliances firsthand but also shop. In a city rooted in culture yet focused on the future, Hettich brings the magic of German-engineered interior solutions.”

The Coimbatore HeX store is part of Hettich’s strategic plan to open multiple HeX stores across India this year, strengthening its experiential ecosystem alongside Experience Centres nationwide. Each solution from Hettich is designed to be smart, durable, and tailored for evolving lifestyles.

Step into HeX Coimbatore at Hettich Exclusive – Twinpro Ventures, 36, 148, E Venkatasamy Rd, R.S. Puram, Coimbatore, Tamil Nadu 641002, Phone No: 8870014611

About Hettich:

Hettich is a 137-year-old family-owned German lifestyle brand, being one of the world’s largest manufacturers of Furniture Fittings with a global turnover exceeding 1.5 billion euros. In India, Hettich started operations at the dawn of the new millennium and within a short span of time gained an undisputed leadership position in the Indian furniture fittings and hardware industry. It is the recipient of Best Brands (2022 – 2025) by the ET Edge and the Most Trusted Brands of India (2023 – 2025) by Marksmen Daily recognitions for its unwavering customer trust and strong brand equity.

Hettich’s product portfolio comprises a repertoire of Furniture Fittings & Door Hardware made with cutting-edge German quality complemented by Wire Products, Aluminum Profiles, Shelving Systems, Built-in Appliances and Furniture Lights, thereby providing holistic fitting solutions for all residential and commercial spaces.

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Ahmedabad (Gujarat) [India], December 17: V.L.Infraprojects Limited(NSE Code – VLINFRA), Specialising in executing water supply and sewerage infrastructure projects, has announced receiving a Letter of Intent (LOI) for a significant project from the Gujarat Water Supply & Sewerage Board (GWSSB) for the Augmentation of Hadaf Regional Water Supply Scheme in Limkheda and Singvad Talukas of Dahod District, Gujarat.

The project, valued at ₹42.12 crore (₹42,12,15,737/-), which is 5.99% above the estimated project cost, marks another milestone in the company’s expansion within its home state. The contract was awarded to a Joint Venture (JV) between V.L. Infra Projects (Lead Partner – 80%) and H.M. Electro Mech (20%). The contract includes 18 months for the execution of capital works, followed by 10 years of Operations & Maintenance (O&M), commencing from the date of issue of the LOI.

The scope of work includes:

• Providing, supplying, lowering, laying, and jointing of DI / PVC pipelines for rising and gravity mains
• Design and construction of Water Treatment Plant (WTP)
• Construction of RCC Elevated Service Reservoirs (ESRs), underground sumps, pump houses, staff quarters, and compound walls
• Installation of pumping machinery and electrification works
• Providing village-level connectivity and associated infrastructure
• Operations & Maintenance of the complete water supply system for a period of 10 years

The project is being executed under GWSSB’s capital works tender and aims to strengthen drinking water infrastructure across multiple villages under the Hadaf Regional Water Supply Scheme. The award further strengthens V.L. Infraprojects’ responsibility for the total execution of the construction contract and all contractual obligations. The new order reinforces its position as a trusted execution partner in government-led water infrastructure projects.

Commenting on this Project Allotted, Mr Rajagopal Reddy Annam Reddy, Chairman& Managing Director of V.L.Infraprojects Limited, said,

“The award of this project by GWSSB reflects our strong execution capabilities and long-standing experience in water infrastructure projects. The combination of EPC scope and long-term O&M responsibility enhances revenue visibility and aligns well with our focus on sustainable infrastructure development.”

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

Mumbai (Maharashtra) [India], December 17: Established in 2010, Sundrex Oil Company Limited is a manufacturer and wholesaler of high-performance industrial and automotive lubricants, greases, and speciality products serving industries in India and neighbouring countries. The company is poised for its initial public offering (IPO), with plans to raise INR 32.25 crores by issuing 37,50,400 lakh new shares.

For its SME Initial Public Offering (IPO), Sundrex Oil Company has established a price band of Rs 81 to Rs 86 per share. The company’s shares will open for subscription on December 22, 2025 and close on December 24, 2025. These will be listed on the NSE Emerge, with a projected listing date of Tuesday, December 30, 2025. Affinity Global Capital Market Pvt. Ltd. is the book-running lead manager, and Cameo Corporate Services Ltd. is the registrar of the issue.

The proceeds will be utilised to fund working capital, capital expenditure, prepayments or repayments of secured or unsecured loans, general corporate purposes, and offer-related expenses.

Mr Mahesh Sonthalia, Chairman & Managing Director, Sundrex Oil Company Limited, said, “Over the years, we have built a manufacturing-led, B2B-focused business anchored in quality, process discipline, and long-standing relationships with industrial and PSU customers. As we move forward, our focus will remain on strengthening our operational capabilities, improving balance sheet efficiency, and pursuing sustainable growth in line with regulatory and governance standards. The proposed IPO represents an important milestone in Sundrex Oil’s journey. We are hopeful that after the proposed public issue, we will be able to execute our growth strategy in a manner that creates exponential value for all our stakeholders while consistently delivering high-quality products and strengthening our national and international footprint.”

On Friday, December 26, 2025, the shares of the Sundrex Oil Company IPO are expected to be allotted, and on Monday, December 29, 2025, the shares will be credited to the allottees’ demat accounts. The IPO comprises 2.07% of the net issue for QIB, 58.72% for Individual investors who apply for a minimum application size and 39.22% of the net issue for the NII segment.

Individual investors who apply with a minimum application size need to contribute a minimum of Rs 1798.43 lakh, as the minimum 2-lot size for an application is 20,91,200 shares. For HNIs, the minimum bidding size is three lots, or 14,70,400 shares, for a total investment of Rs 1264.54 lakh at the upper price band. For market makers, the size is 1,88,800 shares.

Sundrex Oil Company Limited reported a 41% increase in total revenue and a remarkable 112% rise in profit after tax (PAT) for the financial year ending March 31, 2025, compared to the previous year. The company’s total revenue stood at ₹69.12 crore for the fiscal year ending March 31, 2025.

Sundrex Oil Company Limited’s product portfolio includes industrial lubricants, automotive lubricants, and speciality products. The company makes products under its brand and provides contract manufacturing services. These services include toll blending and contract packaging. The company offers labelling services. This allows businesses to market and sell high-quality products with their brand name.

Sundrex Oil Company Limited is promoted by Mr Mahesh Sonthalia, Mr Shashank Sonthalia, and Mr Aman Sonthalia, who collectively bring deep experience across strategy, operations, and financial management in the lubricants and industrial products sector. The Company is led by Mr Mahesh Sonthalia, Chairman & Managing Director, who oversees overall strategy and governance; Mr Shashank Sonthalia, Whole-Time Director & CEO, who is responsible for business operations, execution, and growth initiatives; and Mr Aman Sonthalia, Chief Financial Officer, who manages finance, compliance, and risk controls. The management team is supported by experienced professionals and independent directors, ensuring strong operational discipline and governance standards as the company enters its next phase of growth.

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Mumbai (Maharashtra) [India], December 17: Airfloa Rail Technology Limited (BSE – AIRFLOA | 544516 | INE0XBS01012), a leading manufacturer of railway rolling stock components and turnkey interior solutions, has announced the receipt of a new domestic order valued at ₹9.96 Crorefrom the Furnishing Division of Integral Coach Factory (ICF), Chennai.

Order Overview

The order entails the supply and installation of interior panelling and rubber floor covering for 24 sets of Kolkata Metro TC/MC coaches. The project is expected to be executed within two months, further reinforcing the Company’s execution capabilities in the metro rail segment.

Strengthening Growth Momentum & Outlook

This order adds to Airfloa Rail Technology Limited’s steady flow of project wins and strengthens its presence in the metro rail and urban transportation segment. With this addition, the Company’s total order book has crossed ₹465 crore, providing strong revenue visibility and supporting near- to medium-term growth.

Airfloa continues to benefit from a favourable industry environment, driven by expanding metro networks and sustained investments in railway modernisation. Supported by its integrated design, manufacturing, and installation capabilities, the Company remains well positioned to capitalise on opportunities across Indian Railways and urban mobility projects.

Commenting on the order wins, Mr. Manikandan Dakshnamoorthy, Joint Managing Director, said: “The latest order strengthens our momentum in the metro rail segment and adds to the healthy growth visibility provided by our expanding order book. With sustained investments in rail and urban mobility infrastructure, we are well positioned to deliver consistent growth through disciplined execution and integrated manufacturing capabilities.”

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The company’s IPO will open on December 22 and close on December 24, 2025

Vadodara (Gujarat) [India], December 17:  Vadodara-based Gujarat Kidney and Super Speciality Limited is a multispecialist company providing healthcare services at several locations in Gujarat. The company is bringing an IPO on the NSE and BSE mainboard to meet its desired capital requirements for the proposed acquisition of Parekhs Hospital in Ahmedabad, partial payment of the purchase consideration for the already acquired “Ashwini Medical Center”, financing the company’s capital expenditure requirements for setting up a new hospital in Vadodara, purchase of robotics equipment for the Vadodara-based Gujarat Kidney and Super Speciality Hospital, full or partial repayment and/or prepayment of certain outstanding secured loans taken by the company, financing inorganic growth through unidentified acquisitions and general corporate purposes, and acquisition of additional shareholding in the Bharuch-based subsidiary “Harmony Medicare Private Limited”. The Business Remedies team has obtained information regarding the company’s business activities from the company’s prospectus.

Business activities

Established in 2019, Gujarat Kidney and Super Speciality Limited (GKSL) specializes in providing multispeciality healthcare services at multiple locations in the state of Gujarat, India.

The company operates seven multispeciality hospitals and four pharmacies, with a total bed capacity of 490, an approved capacity of 455 beds, and an operational capacity of 340 beds.

The company’s hospitals include Gujarat Kidney and Super Speciality Hospital (Vadodara), Gujarat Multispeciality Hospital (Godhra), Raj Pamland Hospital Private Limited (Bharuch), Surya Hospital and ICU (Borsad), Gujarat Surgical Hospital (Vadodara), and Ashwini Medical Center (Anand). The company also operates Ashwini Medical Store (Anand).

Company services

• Secondary care services: General and surgical treatments.
• Tertiary care services: Super-speciality surgical procedures.

Gujarat Super Speciality Hospital provides medical care in areas such as internal medicine, general surgery, minimally invasive procedures, orthopaedics and trauma care, joint replacement surgery, obstetrics and gynaecology, respiratory failure, non-interventional cardiology, diabetology, and anaesthesiology. As of June 30, 2025, the company employed 89 doctors, 332 nurses, and 338 other staff members.

Financial performance: In the financial year 2024, the company earned total revenue of Rs 5.48 crore and a profit after tax of Rs 1.71 crore, and in the financial year 2025, the company earned total revenue of Rs 40.40 crore and a profit after tax of Rs 9.50 crore. In the period ended June 30, 2025, of the financial year 2026, the company earned total revenue of Rs 15.27 crore and a profit after tax of Rs 5.40 crore. The financial results clearly indicate that the company’s revenue and profit are increasing year on year. In the period ended June 30, 2025, of the financial year 2026, the company achieved a profit after tax margin of 35.41 per cent.

Information regarding the IPO: The IPO of Gujarat Kidney and Super Speciality Limited will open on December 22, 2025 and close on December 24, 2025, on the BSE and NSE mainboards. The company is issuing up to 2,20,00,000 shares of face value Rs 2 each. The IPO is being managed by the Book Running Lead Manager (BRLM), Nirbhay Capital Services Private Limited.

Note: This article is not investment advice.

L to R: Mr Neeraj Choksi and Mr. Jignesh Desai, Co-founder and Promoter of NJ Group

New Delhi [India], December 17: In the dynamic world of Indian finance, some stories are inspiring, like the NJ group. Established in 1994 by visionary industry leaders Mr. Neeraj Choksi and Mr. Jignesh Desai, the company has grown humbly at a modest home office in Surat, which has become a powerhouse in mutual fund distribution across India.

Outside the university, Neeraj and Jignesh began their entrepreneurial journey at a time when mutual funds were still a relatively unfamiliar concept for most Indians. In the environment marked by scepticism and limited awareness, his faith in the transformational power of disciplined investment was firm.

Due to the initial challenges, the pair focused on educating people about the ability of mutual funds to build long term money. His unwavering commitment to financial literacy, investor empowerment, and moral practices quickly became the cornerstone of the NJ Group philosophy. By promoting trust, transparency, and frequent investor engagement, he laid a strong foundation, which will eventually revolutionise the distribution of financial products in the country.

Today, NJ Group not only stands as a commercial success story but also serves as a catalyst in shaping India’s investment culture, operated by two friends who turned the vision into reality.

As they built their network, the equity markets began to turn favourable, and NJ Group experienced exponential growth. Today, the firm has become one of India’s largest mutual fund distributors.

Over the years, NJ Group grew rapidly. They expanded from mutual funds into other areas like insurance and asset management. Today, NJ Group manages over 2,86,147 Cr. crores in assets and has more than 2524 employees across 230 locations in India. Their flagship business, NJ Wealth, has over 50,932 active distributors, all working hard to spread financial awareness and provide access to mutual funds.

Neeraj Choksi and Jignesh Desai have always believed that financial services should be available to everyone, regardless of their background. They understand that despite their success, there are still many challenges to overcome. Only about 3% of India’s population invests in mutual funds, which is far lower than in countries like the US and the UK. They see this as an opportunity a chance for young entrepreneurs and aspiring distributors to join them in changing the way people think about finance.

The duo is committed to empowering others to become mutual fund distributors, helping to create a network that can reach more people. They know that with increased financial literacy, more individuals can participate in the economy and improve their lives. As India looks toward a brighter future, Neeraj and Jignesh are excited about the potential for growth in the mutual fund industry. They encourage young people to see this as a career opportunity, emphasising that the stage is set for a financial revolution.

Their journey is not just about building a business; it’s about making a real impact on society. Neeraj and Jignesh often remind everyone, “Mutual funds sahi hai” a phrase that captures their belief in the value of investing. Their story is a powerful reminder that with hard work, dedication, and a desire to help others, anyone can achieve their dreams and contribute to a greater cause. The NJ Group continues to lead the way, inspiring countless individuals to join them in their mission of financial inclusion and prosperity for all.

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