Tag: Business

Mumbai (Maharashtra) [India], August 25: Ashapuri Gold Ornament Limited (BSE – 542579)— One of India’s leading B2B jewellery manufacturers has announced that it has received purchase orders worth approximately ₹5.41 Cr. The orders have been awarded by renowned national retail jewellery chains, reinforcing the company’s strong credibility and trusted standing within the organised jewellery sector.

The orders are for the supply of gold jewellery from the Aneya Brand (Polki and Diamond) collection. These orders are scheduled to be executed within 45 days, reflecting the company’s design capabilities and proven ability to meet deadlines without compromising quality.

This achievement further strengthens the company’s order book and highlights the growing demand for its differentiated product offerings. The Aneya brand, positioned as an Polki and Diamond collection, has been steadily gaining recognition as a premium line in the jewellery market. Distinct from the company’s other brands, Aneya is tailored to discerning customers seeking timeless luxury and craftsmanship. The recent orders placed by leading jewellery chains highlight the growing confidence in the brand’s design excellence and execution capabilities.

Looking ahead, the company remains committed to driving design-led growth, building long-term partnerships with key retail clients, and enhancing its leadership position in India’s organised jewellery market. With a focus on innovation, operational excellence, and timely delivery, the company continues to chart a path of sustainable growth and value creation.

Commenting on the order win, Mr. Jenik D. Soni, CEO of Ashapuri Gold Ornament Limited, said: “Winning this order from leading national jewellery chains is a strong validation of our design innovation and execution strengths. It not only enhances our order book but also deepens our partnerships with reputed retail players. We see this as an encouraging step towards building long-term growth momentum for the Aneya brand in the premium jewellery space.

With the momentum from this achievement, we are confident of meeting our growth objectives and further strengthening our position as a preferred partner in India’s organised jewellery manufacturing sector. This milestone reinforces our focus on operational excellence, innovation, and building lasting relationships with our retail partners.”

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Mumbai (Maharashtra) [India], August 25: Sattva Engineering Construction Limited (The Company, Sattva) is an ISO-certified EPC company specializing in end-to-end water and wastewater infrastructure solutions, proposes to open its Initial Public Offering on August 26, 2025, aiming to raise ₹ 35.38 Crores (at upper price band) with shares to be listed on the NSE Emerge platform.

The issue size is 47,16,800 equity shares with a face value of ₹ 10 each with a price band of ₹ 70 – ₹ 75 Per Share.

Equity Share Allocation

• Qualified Institutional Buyer – Not more than 22,17,600 Equity Shares
• Non-Institutional Investors – Not less than 6,91,200 Equity Shares
• Individual Investors – Not less than 15,68,000 Equity Shares
• Market Maker – Up to 2,40,000 Equity Shares

The net proceeds from the IPO will be utilized for funding long-term Working Capital Requirement and the general corporate purposes. The anchor portion will open on Monday, August 25, 2025 and will close on Friday, August 29, 2025. 

The Book Running Lead Manager to the Issue is Vivro Financial Services Private Limited, and the Registrar is MUFG Intime India Private Limited.

Mr. Santhanam Seshadri and Mr R Sekar, Whole Time Director of Sattva Engineering Construction Limited expressed, “Our IPO represents a milestone in our effort to strengthen and expand our presence in the water and wastewater infrastructure sector. With over 50 projects executed and a current order book of ₹308.09 crore, we have demonstrated consistent delivery across Water Supply Schemes, Sewage Treatment Plants, and related infrastructure.

The funds from this issue will support our working capital needs and help us scale up operations to meet the growing demand created by government initiatives such as Jal Jeevan Mission and AMRUT. We see clear opportunities in expanding our execution capacity, adopting advanced monitoring systems, and broadening our footprint in Tamil Nadu and neighbouring states. Backed by three decades of industry experience and a skilled technical team, we are well-positioned to capture upcoming opportunities in India’s water infrastructure development.”

Mr. Vivek Vaishnav, Director of Vivro Financial Services Private Limited said “Sattva Engineering Construction Limited has built a strong presence in water and wastewater projects, successfully completing more than 50 assignments across water supply schemes, sewage systems, and treatment plants. Its in-house design expertise, adoption of technologies like SCADA for monitoring, and structured execution model provide a distinct edge in delivering complex infrastructure.

The IPO will enable the company to strengthen resources and scale operations to meet growing demand under initiatives such as Jal Jeevan Mission and AMRUT. With its proven capabilities and regional focus, Sattva is well placed to emerge as a key player in advancing sustainable water infrastructure in South India.”

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Pune (Maharashtra) [India], August 23: Imperial Epicure LLP, in collaboration with the Pest Management Association and RIR Certification (FOSTAC Certified Training Institute), successfully organised a Basic Manufacturing Training (FSSAI-FOSTAC Basic Manufacturing Certificate Course) and certificate course on Skillful Pest Control Practices in the Food Industry.

The exclusive training session, held at Alpha Bachat Bhavan, Pune, brought together 100 participants from across India, representing professionals committed to advancing food safety standards. This initiative marks an important milestone in strengthening industry practices, ensuring safer and more compliant food manufacturing processes through training under FSSAI guidelines.

Led by Dr Sarang & Dr. Anil Mazagonkar (Pest Management), the course provided participants with hands-on knowledge, compliance insights, and best practices essential for pest management within the food sector.

Speaking on the success of the event, Ms. Purva Sharma spokesperson for Imperial Epicure LLP, said: “We are proud to have partnered with the Pest Management Association to create a programme that directly addresses one of the most critical areas in food safety, effective pest control. The overwhelming response from participants across India highlights the industry’s commitment towards maintaining the highest hygiene and safety standards. Through our collaboration with Pest Management Association, we aim to make such specialised training a continuous effort, strengthening the backbone of India’s food industry.”

The training concluded with participants receiving certifications, empowering them to implement industry-best pest management practices within their organisations. Imperial Epicure LLP plans to roll out more such collaborative initiatives across India to promote food safety and sustainable pest control practices.

Mr. Anup Karmakar, General Secretary of the Pest Management Association, emphasized that skillful pest practices are vital for the food sector as they ensure safety, hygiene, and compliance with global standards. He highlighted that specialized training equips professionals to effectively prevent contamination risks, safeguard consumer health, and maintain the industry’s credibility.

About Imperial Epicure LLP Imperial Epicure LLP is committed to delivering excellence in food safety, compliance, and training. Through innovative programmes and industry collaborations, the company supports businesses in meeting regulatory standards while enhancing operational efficiency.

For more information:

Contact no – +91 8920553930
www.imperialepicure.com

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Ahmedabad (Gujarat) [India], August 23: HEC Infra Projects Limited (HEC, The Company), (NSE Code: HECPROJECT), – HEC Infra Projects Limited, a prominent engineering, procurement, and construction (EPC) company, is pleased to announce a series of new contracts that will expand its footprint in both urban water distribution and energy infrastructure. The company has secured three significant orders with a combined value of nearly ₹12.08 Cr. The details of the newly secured orders are outlined below:

New energy storage project from Advait Energy Transitions Limited

• Amount: ₹7.15 Cr (August 21, 2025)
• Scope of Work: Design, installation, testing, and commissioning of a 185 MW Battery Energy Storage System with a 220 KV substation
• Details: Project located at Charal, Sanand GIDC, near GETCO’s 400 KV facility in Gujarat
• Timeline: 12 months

Repeat orders from Ahmedabad Municipal Corporation (AMC)

• Amount: ₹1.65 Cr (August 12, 2025) and ₹3.28 Cr (August 18, 2025)
• Scope of Work: Augmentation of water distribution stations at Narol Gam (South Zone) and Sola ADB & Ambli ADB (North-West Zone)
• Details: Civil, electrical, mechanical, and instrumentation works, including SITC
• Timeline: 8 months

These wins underscore the company’s growing capabilities across diverse sectors. While the AMC contracts highlight trusted partnerships in urban civic infrastructure, the battery energy storage project reflects HEC Infra Projects’ expanding presence in supporting India’s renewable energy transition. The company’s continued success in securing these contracts underscores its commitment to innovation and excellence in engineering

On the receipt of the orders, Mr. Gaurang Shah, Managing Director of HEC Infra Projects Limited said, “We are delighted to have been entrusted with these important projects from both Ahmedabad Municipal Corporation and Advait Energy Transitions Limited. The repeat confidence shown by AMC strengthens our belief in long-term partnerships built on performance and reliability.

At the same time, the large-scale battery energy storage project represents a forward-looking opportunity for us to contribute to India’s evolving energy landscape. Together, these orders reflect the versatility of our expertise ranging from civic utilities that touch everyday lives to pioneering clean energy solutions.

Our focus will remain on timely execution, rigorous safety standards, and uncompromising quality. Each of these projects is another step in our journey of shaping resilient infrastructure that supports both urban growth and the energy transition.”

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Globe Civil Projects Limited (NSE – GLOBECIVIL | BSE – 544424) is pleased to announce that its consolidated order book has crossed ₹1,000 Cr, marking a significant milestone in the company’s growth journey.

The order book is well-diversified across institutional, healthcare, and government infrastructure projects. Marquee clients include CPWD, NBCC, and TCIL, many of which are repeat orders, underscoring the company’s proven track record of quality, timely execution, and reliability. The Company continues to expand its presence across 11+ states, with the current order book providing strong revenue visibility and a solid foundation for sustained growth.

Project Mix:

• Educational & Institutional – IITs (Roorkee, Gandhinagar, Kanpur), IIMs (Udaipur, Lucknow-Noida), NIT Delhi, Central University of Punjab.
• Healthcare Facilities – AIIMS Raipur, Burari Hospital, PGI Nehru Block, Aligarh Hospital.
• Government Infrastructure – Parliament Annexe, Income Tax Building, Bangalore, CPWD housing projects.

• On the receipt of the order, Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited, said, “Crossing the ₹1,000 crore order book milestone is a significant achievement for the company, reaffirming the trust our clients place in our integrated EPC capabilities. With nearly 90% of our portfolio comprising funded central government projects, we enjoy strong cash flow visibility and reduced working capital risks. With this order book, a proven execution record, and a selective bidding approach, the company is strongly positioned to capitalise on India’s infrastructure growth opportunities and deliver long-term value for its stakeholders.”

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New Delhi [India], August 23:  The engaging five-day kaleidoscope of colours, forms and creativity woven around themes like memory, time and much more. Titled Past Forward, Dali by COMDEZ’s fiesta of art that was on view from  July 12 to 16, 202,5, at the India Habitat Centre’s Open Palm Court, attracted a healthy turnout of artists and lovers of art.

Curated by Vishal Goyal, Past Forward showcased works that explored the intricate intersection of memory and time, prompting visitors to reflect on personal histories and collective experiences. Thought-provoking creations on display included those by TK Manoj Kumar, HansRam Yadav, Dilawar Khan, Tapasi Sen, and Aditya Shankar.

Goyal, who distilled into the event his diverse three-decade-long background that fuses art, design, technology and innovation, said he considers art as a bridge between vision and value. Several works featured at the Past Forward dwelt on the deeper purpose of life itself, he added. Referring to Dali by COMDEZ, he described it as a gallery where art isn’t just displayed, it’s experienced.

The event was inaugurated on Saturday, July 12, by distinguished personalities Dr Ajay Kumar, Chairperson, Union Public Service Commission (UPSC); Sh. Gopal Krishna Pillai, Former Home Secretary; Sh. Amitabh Kant, G20 Ex-Sherpa, and former CEO of Niti Ayog; Sh. Suman Billa, Additional Secretary & Director General, Ministry of Tourism; Dr Jyotsna Suri, Chairperson & Managing Director of the Lalit Suri Hospitality Group, Sh. Sanjoy Roy, Managing Director, Teamwork Arts; Sh. T.K. Manoj Kumar, artist and former bureaucrat, Ambassador (retired) Rajasekhar Chinthapally and Smt. Pinky Pandit, Architect.

A large number of afficionados, including connoisseurs, seasoned practitioners and talented youngsters, critics and curious members of the public attended the engaging, thought-provoking event that aimed to promote inclusive engagement with contemporary art.

The exhibition included guided walkthroughs and interaction with artists aimed at creating a forum that amplified a diverse array of voices and mediums amid a visually compelling, intellectually resonant milieu.

Voices from Past Forward:

India holds immense artistic potential. After cinema and cricket, art will emerge as the next great soft power of our nation. It is our mission to elevate Indian modern and contemporary art to global prominence — so that the world recognises India not only for its traditions, but also for its vibrant creative future.” – Vishal Goyal, Curator, Dali by COMDEZ

“I’m impressed with the art gallery and the exhibitions that they’ve been putting up and wth the work and the artists they’ve been able to encourage and bring forward. In today’s exhibition, all the artists have put out great works.”  – Sh. Gopal Krishna Pillai, Former Home Secretary.

“At a time of great strife where there’s war all around us, it’s art that lives on and art is here to stay, and I think this celebration of art of so many different forms is quite amazing and must be celebrated every which way.” – Sanjoy Roy, Managing Director, Teamwork Arts

“Hearty congratulations on this wonderful body of art. It brings together diverse artists and various art forms beautifully. The response at the inaugural, despite the rain, speaks volumes about the quality of the art—it has brought together art lovers and connoisseurs alike. I hope this exhibition, along with the artists and their work, continues to be discussed and appreciated in art circles in the days, weeks, and months to come. I also hope it leads to the successful acquisition of artworks by art collectors.

Wishing the exhibition every success, and heartfelt congratulations to the artists and organizers for putting together this amazing event. All the best!” — Ambassador (retired) Rajasekhar Chinthapally

“I love the gallery. I love the experience. I’m thankful to Vishal Goyal, the curator, for inviting me to the Indian Habitat Center.

Being part of this industry, it’s always inspiring to work alongside architects and interior designers. I have a deep appreciation for the creators and would love to see more work like this. I truly want to continue supporting and appreciating such creative efforts. Thank you so much.” — Mayank Jain, Consultant, Luxury and Technology

“Time moves. Art stays timeless. Curated art experience Past Forward allowed enthusiasts to pause, feel, and reflect on rare moments translated into memory. It was an engaging encounter with imagination, consistency, and feeling.” — From a post by Anurag Pandey, Visitor

For more information, Please Visit: https://tdd.art/

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New Delhi [India], August 22: In the ever-evolving world of interior design, where innovation meets functionality, Hafele introduces ProDoor, an inspiring new collection under its Aluminium Profiles Range. Designed to transform cabinet doors into a creative canvas, ProDoor empowers homeowners, designers, and architects to explore cutting-edge trends, from handle-less elegance and adaptive colour palettes to vintage-modern fusions and sleek, hardware-free finishes.

More than just a hardware solution, Hafele’s ProDoor offers various ranges and one of them is Plusch Door, it seamlessly integrate into kitchens, wardrobes, and living spaces. Available in two timeless finishes — Brushed Stainless Steel for understated refinement and Brushed Black for a bold, contemporary statement, ProDoor deliver both style and performance in perfect harmony redefining modern furniture design.

Among the ProDoor collection, the Hafele’s Plusch Door stands out as a true innovation, enabling multiple design schemes depending on your creative vision. Its frame construction allows the use of diverse materials such as veneer, glass, metal sheets, and ultra-compact stone surfaces like Dekton, creating striking interiors while keeping doors lightweight. Cleverly engineered, all hardware and screws are concealed behind the decorative material, while a slim back panel, inserted from within, seals the hollow cavity for a flawless finish.

For framed doors, the Hafele Plusch Door Handle and Main Profiles form a sturdy structural frame for decorative door materials, seamlessly blending strength with design flexibility. For wooden doors, the dedicated Wooden Door Lip and Handle Profiles maintain a consistent design theme across your furniture or can be used as standalone handles for any drawer or cabinet door.

With ProDoor Plusch, Hafele invites you to imagine beyond conventional cabinet making, to craft doors that not only function effortlessly but also become design statements in themselves.

Log onto hafeleindia.com/en/info to find the nearest

Hafele showroom or design centre.

• Customer Care Toll Free: 1800 266 6667
• Customer Care WhatsApp: +91 97691 11122
• Customer Care Email ID:customercare@hafeleindia.com

Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

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New Delhi [India], August 22: In today’s fast-paced world, the kitchen has evolved into more than just a place for cooking, it’s a space where style, convenience, and technology converge. With this in mind, Hafele introduces Valeriya, the new Semi-Integrated Built-In Dishwasher that redefines effortless cleaning while enhancing kitchen aesthetics.

True to its name, which means “strong and healthy”, Hafele’s Valeriya delivers robust performance for every dishwashing need. Equipped with 15 place settings and 3 spacious baskets, it accommodates everything from delicate glassware to heavy-duty cookware like kadhais, pressure cookers, saucepans, and woks, making it the perfect choice for families of all sizes.

At the heart of Hafele’s Valeriya Dishwasher lies a powerful Brushless DC (BLDC) motor that ensures whisper-quiet, energy-efficient operation, ideal for use at any time of day or night. Its Hygiene programme combined with UV light technology guarantees germ-free, safe-to-use utensils with every wash.

The Semi-Integrated Built-In design offers a seamless fit into your kitchen, while the capacitive touch control panel, LED display, and dark grey painted baskets elevate the overall look with a touch of understated luxury.

With Valeriya, Hafele blends cutting-edge technology, sleek design, and thoughtful features to create a dishwashing experience that’s as beautiful as it is powerful.

Log onto hafeleindia.com/en/info to find the nearest

Hafele showroom or design centre.

Customer Care Toll Free: 1800 266 6667

Customer Care WhatsApp: +91 97691 11122

Customer Care Email ID: customercare@hafeleindia.com

Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

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New Delhi [India], August 22: Update on Financial Performance

Quarter-on-Quarter Highlights:

• Revenue Resilient: Revenue for QE Jun’25 held steady at ₹3,952 lakhs, in line with QE June’24 levels.
• EBITDA Rising: EBITDA improved to ₹388 lakhs, up 15% QoQ QE’ Mar 25 and 12% QoQ QE’ Jun 24, highlighting operational efficiency.
• PBT Momentum: PBT for QE Mar’25 stood at ₹248 lakhs, up 18% QoQ, underscoring robust profitability momentum.
• PAT Growth: PAT stood at ₹233 lakhs, up 14% QoQ QE’ Mar 25 and 9% QoQ QE’ Jun 24, reflecting healthy and improved profitability.
• Stable Capital Structure: The company managed to maintain its Debt-to-Equity ratio intact in the quarter, as compared to the previous and corresponding quarter of FY’25, underscoring the company’s prudent financial management.
• Robust Interest Coverage: An Interest Service Coverage Ratio of 4.20x demonstrates solid earnings capacity and comfortable debt servicing.

Figures in Lakhs

Financial Synopsis:

Note:

For further details on the company please refer the below mentioned link:

https://www.maximusinternational.in/document?file=1701762875_company-profile-of-mil-2023-05-12-2023.pdf

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Mumbai (Maharashtra) [India], August 22: Dhrumil Shah isn’t just an entrepreneur — he’s a storyteller, a cultural curator, and a branding visionary who began carving his path at just 17. Young, passionate, and fuelled by a relentless thirst to build something of his own, Dhrumil stepped into the world of creativity with a boldness that defied his age. What started as an instinctive pull toward theatre, visual media, and digital storytelling quickly grew into a purpose-driven pursuit. While most were still exploring their interests, he was already shaping narratives — experimenting with content, studying audience behavior, and laying the groundwork for a career rooted in innovation. Over time, he established DhruVats, a boutique marketing consultancy known for original campaigns, emotionally intelligent branding, and sharp consumer insight. From launching regional blockbusters like Shu Thayu and Chaal Mann Jeetva Jaiye to driving over 200 brand campaigns, DhruVats has grown into a name synonymous with substance, strategy, and soul. But Dhrumil didn’t stop there. He ventured into the world of luxury weddings with Julio & Maclovia, a premium global wedding company that has successfully executed more than 50 events known for their visual poetry, cultural detail, and flawless execution. Under his leadership, Julio & Maclovia has become a quiet force in the destination wedding space — trusted by families across continents who seek more than grandeur: they seek meaning. Whether building a brand from scratch or designing an experience that lives in memory, Dhrumil’s strength lies in understanding emotion and translating it into something unforgettable.

At the intersection of culture, commerce, and creativity, Dhrumil continues to expand his portfolio with a sharp eye for detail and a deep understanding of audiences. His work spans industries but is tied together by one common thread — experience-driven storytelling. Whether it’s managing large-scale brand activations, leading digital strategy for high-impact campaigns, or curating intimate, globally styled weddings, every project reflects a unique blend of precision and personality. One of his most notable cultural contributions, Garbina Garba, remains close to his heart — a carefully curated Navratri celebration that reintroduces tradition through a contemporary lens. Yet, it’s just one piece of a much larger canvas. Today, Dhrumil leads teams across multiple verticals, delivering insight-led solutions that feel both culturally rooted and creatively bold. His entrepreneurial journey is not one of linear growth but of consistent reinvention — proving that when passion meets purpose, impact is inevitable.

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