Tag: Business

  • Sawaliya Food Products Limited’s Anchor Book Subscribed Successfully Ahead of IPO Launch

    Sawaliya Food Products Limited’s Anchor Book Subscribed Successfully Ahead of IPO Launch

    Mumbai (Maharashtra) [India], August 7: Sawaliya Food Products Limited, a leading manufacturer of dehydrated vegetables and agro-based ingredients, is pleased to announce the successful subscription of its Anchor Investor portion ahead of the Company’s Initial Public Offering (IPO), which is set to open on Thursday, August 7, 2025.

    The Company has allocated 8,19,600 equity shares at the upper price band of ₹120 per equity share, raising a total of ₹9.84 crore from prominent institutional investors. The robust participation in the anchor book signals strong institutional confidence in Sawaliya Food Products’ business model, financial performance, and future growth prospects.

    Anchor Investors Allotted:

    • Beacon Stone Capital VCC – Beacon Stone I – ₹5.39 Cr
    • Craft Emerging Market Fund PCC – Elite Capital Fund – ₹2.45 Cr
    • North Star Opportunities Fund VCC – Bull Value Incorporated VCC Sub-Fund – ₹2.00 Cr

    The successful anchor participation underscores institutional interest in Sawaliya’s robust fundamentals, export-driven growth, and value-added food processing capabilities.

    IPO Snapshot:

    • Issue Size: ₹34.83 Cr (at upper band)
    • Price Band: ₹114 – ₹120 per share
    • Offer Opens: August 7, 2025
    • Offer Closes: August 11, 2025
    • Listing: NSE Emerge

    The IPO comprises a Fresh Issue of 26.03 lakh equity shares and an Offer for Sale of 3 lakh equity shares. Net proceeds from the issue will be used for capital expenditure (new/upgraded machinery and rooftop solar plant), working capital, partial debt repayment, and general corporate purposes.

    Commenting on the milestone, Mr. Raghav Somani, Managing Director, said: “We are extremely grateful for the trust shown by reputed institutional investors in our journey. The strong anchor participation is a testimony to our differentiated business model and the strategic shift towards automation, sustainability, and global markets. With this support, we are confident of scaling our operations and delivering consistent long-term value to all stakeholders.”

    Offer Intermediaries:

    • Book Running Lead Manager: Unistone Capital Private Limited
    • Registrar to the Offer: Skyline Financial Services Private Limited
    • IR & PR Partner: ORIM Connect

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  • Oben Electric Launches Next-Gen Rorr EZ Sigma at an Introductory Price of Rs 1.27 Lakh

    Oben Electric Launches Next-Gen Rorr EZ Sigma at an Introductory Price of Rs 1.27 Lakh

    Bengaluru (Karnataka) [India], August 6: Oben Electric, India’s homegrown R&D-driven electric motorcycle manufacturer, today announced the launch of Rorr EZ Sigma – the bold electric, next-generation electric commuter motorcycle at a special introductory price starting at ₹1.27 Lakh for a limited period. Designed to redefine city commuting for the modern Indian rider, Rorr EZ Sigma builds on the strong commuter-first DNA that made the Rorr EZ a success, introducing key hardware and software upgrades to elevate both experience and utility.

    Highlights:

    • Rorr EZ Sigma comes equipped with Reverse Mode, a 5-inch TFT colour display, new smart features such as navigation, call, message & music Alerts, enhanced seat comfort & bold new graphics, redefining the next-gen electric commuter experience for today’s city riders.
    • Powered by Oben’s proprietary high-performance LFP battery tech, Rorr EZ Sigma is available in 3.4 kWh and 4.4 kWh battery variants
    • Immediate bookings open at just ₹2,999 with test rides now live across Oben Electric showrooms nationwide. Deliveries begin from 15th August 2025.

    New additions include Reverse Mode for easy manoeuvring in tight urban spaces, while a 5-inch TFT colour display enhances dashboard interaction with built-in navigation, trip meter, and real-time alerts for calls, messages, and music. An ergonomically redesigned seat offers enhanced comfort over longer commutes, while the bolder design graphics and the new Electric Red colour add fresh energy to the existing colour palette – Photon White, Electro Amber, and Surge Cyan.

    Available in two battery variants, the Rorr EZ Sigma debuts at a special introductory price of ₹1.27 lakh for the 3.4 kWh model and ₹1.37 lakh for the 4.4 kWh model. Prices will be 1.47 lakh and ₹1.55 lakh respectively post the launch offer period. Offering customers an accessible entry into the world of electric motorcycles, the Rorr EZ Sigma is available with EMIs starting as low as ₹2,999.

    Rorr EZ Sigma customers will also receive a complimentary one-year subscription to the upgraded Oben Electric App. This connected app enables riders to track ride details, locate their motorcycle using ‘Find My Rorr’ with built-in GPS and geo-fencing, access remote diagnostics, receive smart alerts, locate charging stations across a 68,000+ network, and activate Anti-Theft protection with a remote lock, offering complete visibility and control from their smartphone.

    At its core, the Rorr EZ Sigma is powered by Oben Electric’s patented high-performance LFP battery technology, offering 50% higher temperature resistance, twice the lifespan, and unmatched reliability across India’s diverse climates. Both variants of the Rorr EZ Sigma deliver a top speed of 95 km/h and accelerate from 0 to 40 km/h in just 3.3 seconds. With class-leading torque of 52 Nm, the bike ensures swift acceleration and a smooth, exhilarating ride, making it ideal for navigating urban traffic. With an IDC range of up to 175 km and three ride modes – Eco, City, and Havoc, for adaptive power delivery, Rorr EZ Sigma offers city riders the freedom to commute confidently without frequent charging interruptions. Furthermore, the Rorr EZ Sigma is also equipped with fast-charging capabilities, allowing it to achieve a 0 to 80% charge in just 1.5 hours.

    Commenting on the launch, Madhumita Agrawal, Founder & CEO, Oben Electric, said, “The launch of Rorr EZ Sigma represents a decisive step forward in our journey to shape the future of city commuting. With this next-generation model, we’ve gone beyond incremental upgrades to address the deeper expectations of today’s commuter, combining intelligence, comfort, and reliability in a motorcycle that’s built for India. Rorr EZ Sigma reflects our continued commitment to engineering electric motorcycles that are not just technologically advanced but meaningfully aligned with real-world usage and aspirations.”

    Oben

    Built on Oben’s indigenous ARX frame, the Rorr EZ Sigma is purpose-tuned for Indian roads, offering a high 200 mm ground clearance and a 7-step adjustable rear mono-shock suspension for a stable and comfortable ride across varied city terrains. Engineered with a strong focus on rider safety, it features Unified Brake Assist (UBA) for precise stopping power and a Driver Alert System (DAS) that signals when the vehicle is powered on. Safety is further enhanced with 130/70-17 wide tyres for superior grip and road stability, a 230 mm water-wading depth for reliable performance on flooded roads, and intelligent security features such as geo-fencing-based theft protection, battery theft lock, and patented vandalism protection.

    Bookings for Rorr EZ Sigma are now open for ₹2,999, with test rides live across Oben showrooms nationwide and customer deliveries commencing August 15, 2025. Backed by Oben’s integrated in-house manufacturing and streamlined distribution network, Oben ensures swift fulfilment, eliminating long wait times and delivering a seamless purchase-to-ride experience. Also, customers can purchase Rorr EZ Sigma on Amazon.

    To further reinforce long-term ownership value, Oben is offering the Battery Protect 8/80 Plan with the Rorr EZ Sigma at just ₹9,999, a transferable 8-year or 80,000 km battery warranty designed to enhance long-term ownership value and boost resale confidence.

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  • Steel Exchange India Limited Announces Strategic Collaboration to Strengthen Multimodal Logistics Capabilities in Vizag

    Steel Exchange India Limited Announces Strategic Collaboration to Strengthen Multimodal Logistics Capabilities in Vizag

    Visakhapatnam (Andhra Pradesh) [India], August 6: Steel Exchange India Limited (NSE: INE503B01021, BSE:  534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a strategic non-binding collaboration with Vizag Profiles Logistics Pvt. Ltd. (VPL) and Hind Terminals Pvt. Ltd. (HTPL) to explore the development of a General Cargo Terminal (GCT) and a Multi-Modal Logistics Park (MMLP) in Visakhapatnam.

    This collaboration marks a significant step toward unlocking cargo movement potential across both inland and coastal routes. The parties intend to jointly evaluate and pursue opportunities related to:

    • Operation of container trains from the proposed General Cargo Terminal (GCT)
    • Coastal shipping of cargo using domestic barges and containers
    • Rail-based inland transport for steel and general cargo
    • Development of end-to-end multimodal logistics services

    The proposed initiatives will bring together the strengths of all three entities:

    • SEIL’s developing GCT rail siding,
    • VPL’s established regional logistics infrastructure, and
    • HTPL’s expertise in port-linked cargo operations.

    Together, the partners aim to improve logistics efficiency, reduce transit times, and enable scalable cargo handling solutions in and around Visakhapatnam.

    This agreement reflects a shared vision to build integrated logistics infrastructure that caters to both captive and third-party cargo movement. While non-binding in nature, the collaboration sets the foundation for detailed feasibility studies, pilot operations, and potential future commercial partnerships.

    For Steel Exchange India, the initiative is expected to significantly enhance supply chain efficiency, unlock value from its logistics assets, and support the long-term competitiveness of its core steel business.

    Commenting on the development Mr. Suresh Kumar Bandi, Joint Managing Director, Steel Exchange India Limited said, “This collaboration is a strategic step forward in our efforts to expand beyond steel manufacturing and strengthen our presence in infrastructure and logistics. With Vizag’s growing role as a logistics hub, aligning our GCT project with the capabilities of VPL and HTPL presents a strong opportunity to enable efficient, multimodal cargo movement. We are confident this initiative will significantly enhance operational efficiency and contribute meaningfully to our long-term growth plans.”

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  • Connplex Cinemas Limited IPO Opens on August 07, 2025

    Connplex Cinemas Limited IPO Opens on August 07, 2025

    Mumbai (Maharashtra) [India], August 6: Connplex Cinemas Limited (Connplex, The Company) is an entertainment company revolutionising the cinema industry with a focus on luxury. It proposes to open its Initial Public Offering on August 07, 2025, aiming to raise ₹ 90.27 Crore (At the Upper Price Band) by fresh issue of 51,00,000 equity shares, to be listed on the NSE Emerge platform.

    The issue size is 51,00,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 168 – ₹ 177 per share.

    Equity Share Allocation

    • QIB Anchor Portion – Up to 14,52,000 Equity Shares
    • Qualified Institutional Buyer – Up to 9,68,800 Equity Shares
    • Non-Institutional Investors – Not Less Than 7,27,200 Equity Shares
    • Individual Investors – Not Less Than 16,96,000 Equity Shares
    • Market Maker – Up to 2,56,000 Equity Shares

    The net proceeds from the IPO will be utilised for capital expenditure requirements for the purchase of the corporate office, purchase of LED Screens and Projectors, Working Capital requirements and general corporate expenses. The anchor portion will open on August 06, 2025, and the issue will close on August 11, 2025.

    The Book Running Lead Manager to the Issue is Beeline Capital Advisors Private Limited, The Registrar to the Issue is MUFG Intime India Private Limited

    Mr. Anish Tulshibhai Patel, Managing Director, and Mr. Rahul Kamleshbhai Dhyani, Joint Managing Director of Connplex Cinemas Limited, expressed, “Going public is an important milestone for Connplex Cinemas as we move into our next phase of development. From the outset, our focus has been on redefining how cinema is experienced—making it more comfortable, more engaging and more accessible. With the support of this IPO, we plan to invest in infrastructure that allows us to maintain high-quality standards while expanding our footprint across both urban and emerging markets. This includes setting up our corporate headquarters and upgrading key technologies like LED screens and projectors. Our goal remains simple: to deliver a reliable and enjoyable cinema experience to more people across India.”

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  • Technoflex Steel India Pvt Ltd Expands Footprint with New State-of-the-Art Manufacturing Facility in SEZ Pithampur, Madhya Pradesh

    Technoflex Steel India Pvt Ltd Expands Footprint with New State-of-the-Art Manufacturing Facility in SEZ Pithampur, Madhya Pradesh

    Pithampur, Dhar (Madhya Pradesh) [India]: Technoflex Steel India Pvt Ltd is pleased to announce that it will be building a new technologically sophisticated factory for electric conduit pipes in the Special Economic Zone (SEZ) at Pithampur, Dhar, Madhya Pradesh. It is a welcome step towards new business and industry concepts.

    This new division will radically enhance the company’s growth, and it shows that Technoflex is dedicated to combining India’s industries with new ideas, world-class engineering, and long-term growth. The new factory will serve the domestic and export markets, and it will establish industry standards for product quality and operating performance.

    Future-Ready Manufacturing: Helping Local Development

    The new Pithampur unit would likely help the region grow by employing semi-skilled and skilled personnel and bettering the livelihood of people working in the logistics, raw material supply chains, and ancillary services.

    The factory is situated in one of Central India’s most industrialized areas, and therefore, it ought to be able to recruit staff from Dhar, Indore, and the surrounding area. This will further support the local economy and foster business growth.

    Committed to Export Readiness and Global Reach

    The factory, once set up, will be made to deliver world-class electrical conduit pipes with international levels of durability and regulatory compliance. Emphasis will be placed on catering to large-scale infrastructure projects, smart cities, and premium power distribution networks for both the developed and the emerging economies.

    Leveraging the benefits of SEZ status, Technoflex plans to rationalize global operations and enhance its export competitiveness in strategic markets in Asia, the Middle East, and Africa.

    In keeping with the “Startup India” Vision

    This proposal for expansion is entirely in line with the Startup India initiative of the Government of India, which aims to foster entrepreneurship, job creation, and innovation-led development. 

    The new plant will boast advanced engineering systems, automated quality control systems, and green manufacturing processes, making Technoflex one of India’s top industrial transformation leaders.

    With a stellar history of providing precision-engineered steel conduit solutions, Technoflex Steel India Pvt Ltd aims to scale its operations while working towards supporting the vision of making India future-ready.

    Innovation Hub and Product Diversification

    Apart from mass production, the new facility is conceptualized as a centre of innovation, where the company will launch cutting-edge versions of conduit pipes, speciality fittings, and smart cable management systems. The company is also seeking strategic alliances and distribution partnership deals to bring these solutions to various industries like construction, telecom, EV charging infrastructure, and smart grids.

    About Technoflex Steel India Pvt Ltd

    Technoflex Steel India Pvt Ltd is a top-notch manufacturer of steel pipes, conduit systems, and electrical infrastructure components. With headquarters in Indore, the company has established itself as a precision engineering-based, product-strong, and customer-driven innovation-focused firm. From strong operating standards and a widening global reach, Technoflex keeps providing infrastructure-ready solutions, enabling industrial development in markets.

    Reach out: info@technoflex.in

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  • Zero Footmarks, India’s first footwear project that creates value for used footwear, launched in Kerala

    Zero Footmarks, India’s first footwear project that creates value for used footwear, launched in Kerala

    Trivandrum (Kerala) [India], August 6: Kerala launched Zero Footmarks by India’s VKC, the first responsible disposal of post-consumer footwear in India. India’s VKC in association with Suchitwa Mission of Kerala Government launched this landmark project in India.

    Zero Footmarks was launched by India’s VKC Chairman, Sri. VKC Mammed Koya at Trivandrum.

    The pilot project was rolled out at Trivandrum, the capital city of Kerala today.

    India’s VKC plans to extend this project throughout the whole of India including the remotest villages in India, the way it launched India’s first ShopLocal programme in the country to bring back footfalls in the neighbourhood shops after the COVID-19 pandemic. 

    Zero Footmarks by India’s VKC is a unique project in India and probably the first in Asia that collects post-consumer footwear from the common man and helps them create value for the society. 

    Zero Footmarks by India’s VKC is a project that creates responsible citizens and it streamlines a new responsibility in creating a conscious customer. The project was conceived by the Managing Director of India’s VKC, Sri. VKC Razak in response to a letter to the Footwear Manufacturers in Kerala by the Executive Director of Suchitwa Mission, Kerala, Sri U. V. Jose IAS (Rtd.), on the need for Footwear Waste Management in December 2024.

    The project is a very simple exercise – the customer can buy any brand from India’s VKC from the listed shop in the neighbourhood and India’s VKC will take the responsibility of disposing of the used footwear of the customer responsibly. One post-consumer footwear can be returned only for one footwear purchase of any brand from India’s VKC.

    The collected post-consumer footwear is then picked up by a responsible partner and it is recycled if it is fit for recycling or if it is not recyclable, it is disposed of responsibly.

    Zero Footmarks is India’s first footwear project that creates a value for post-consumer footwear.

    The project has multiple dimensions – the local neighbourhood shop keepers are engaged as collection centres, the customers are educated on the need to return their used footwear to these listed shops and about disposing post-consumer footwear responsibly, a sustainability focused partner is associated to pick up the post-consumer footwear from these shops, segregate it as recyclable and non-recyclable, the recyclable ones are recycled and the non-recyclable ones are disposed of responsibly.

    Zero Footmarks project is an innovative project to create responsible citizens who are responsible for knowing where the post-consumer footwear is going as waste. This is a direction for the society to have a concern about how the waste generated is disposed of responsibly. 

    As an innovative idea, the Zero Footmarks project also creates a productive thinking process regarding the waste disposal for children and the younger generation.

    “Zero Footmarks is all about creating a Conscious Customer, who is concerned about the future of planet earth and how the consumption wastage is disposed of responsibly to have a cleaner planet for the generations to come”, said VKC Razak, Managing Director, India’s VKC.

    Zero Footmarks project is focused on creating a good customer consciousness similar to the ShopLocal project rolled out by India’s VKC with the intention of bringing back the customers to the neighbourhood shops across India, in the aftermath of the COVID 19 pandemic. India’s VKC Shop local programme in 2021 engaged close to 2 lakh neighbourhood shops across India.

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  • SamBlogs Becomes the First SEO Agency to Help Clients Rank in Perplexity, Gemini, ChatGPT, and Beyond

    SamBlogs Becomes the First SEO Agency to Help Clients Rank in Perplexity, Gemini, ChatGPT, and Beyond

    New Delhi [India], August 5: SamBlogs, a global leader in SEO innovation, announces a breakthrough service designed to help businesses secure visibility not just on Google, but also across the rapidly growing AI-driven discovery space — including platforms like Perplexity, ChatGPT, Gemini, Perplexity, Claude, and Notion-based knowledge repositories.

    By strategically placing brands inside the content ecosystems these AI tools draw from, SamBlogs becomes the first agency to offer a complete Generative Engine Optimization (GEO) solution — ensuring that clients are visible in AI citations, summaries, and answer boxes where millions of users now seek information.

    “As more people turn to AI platforms for answers, being absent from these models means missing out on a massive audience,” said Vikas Singal, Founder of SamBlogs. “We’re not just optimizing for search engines anymore — we’re optimizing for the engines of the future.”

    Key Features of the New Service:

    • AI-Centric Backlinks & Mentions: Placement in AI-readable, AI-trainable sources, including Perplexity profiles, Claude-referenced content, Gemini link hubs, Notion-based authoritative databases and more.
    • Citation-Focused Strategy: Directly influencing the reference materials AI models pull from to generate their responses.
    • First-Mover Advantage: A unique service unavailable anywhere else, giving brands an early lead in AI discoverability.

    Why Businesses Should Care:

    • AI platforms like Perplexity and Gemini are becoming search engines in their own right — showing sources and backlinks within their responses.
    • Consumer behaviour is shifting — users now ask AI tools (like ChatGPT and Claude) first, bypassing traditional Google searches.
    • Generative Engine Optimization is the next evolution of SEO — and SamBlogs is at the forefront of this transformation.

    With this launch, SamBlogs is setting a new benchmark for visibility in the AI era, enabling brands to dominate across search engines and generative AI platforms — securing relevance wherever customers are searching.

    About SamBlogs

    Founded by SEO strategist Vikas Singal, SamBlogs has served over 4,000 clients worldwide, achieving rankings for 10,000+ keywords. Known for its forward-looking approach and data-driven results, SamBlogs continues to redefine the boundaries of digital marketing by staying ahead of every major shift in online visibility.

    Media Contact:

    Email: Sam@SamBlogs.com
    Phone: +91 9828080195
    Website: www.samblogs.com

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  • Reimagine Kerala 2025: ICC Launches in Kerala with 20 Speakers to Shape the State’s Future

    Reimagine Kerala 2025: ICC Launches in Kerala with 20 Speakers to Shape the State’s Future

    Kochi (Kerala) [India], August 6:  “Reimagine Kerala 2025” concluded as a dynamic, high-energy exchange of ideas, marking the official establishment of the Indian Chamber of Commerce (ICC) Kerala Council. Held at Le Meridien, Kochi, the inaugural event brought together 20 thought leaders from diverse sectors, each presenting two transformative ideas in a rapid-fire format. This unique approach fostered a sense of urgency and possibility, as voices from across Kerala’s entrepreneurial, academic, creative and industrial communities shared visions both bold and deeply rooted in local realities, aiming to shape the state’s future growth story.

    The ideas presented reflected a unique blend of innovation, sustainability and cultural relevance, showcasing the vast potential within Kerala. From pioneering concepts like India’s first synthetic biology ecosystem for spices and AI-driven legal tools, to crucial initiatives such as women’s employment platforms, arts-based learning centres and smart elder care infrastructure, the breadth of topics were remarkable. Discussions ranged across healthcare reform, agritech, startup talent engines and digital creative hubs, underscoring the diversity of Kerala’s strengths and a collective appetite for reimagining what’s possible for the state.

    The event saw enthusiastic participation from around 100 attendees, including prominent business leaders, entrepreneurs and ecosystem enablers from across Kerala, creating a vibrant platform for dialogue and collaboration. The national significance of this initiative was highlighted by the presence of Mr. Abhyuday Jindal, President of ICC and Managing Director of Jindal Stainless and Dr. Rajeev Singh, Director General of ICC, who attended in person. Mr. Ameya Prabhu, Past President of ICC, also joined virtually, further emphasizing the Chamber’s commitment to its expansion in the state.

    Speaking on the occasion, Mr. Vinay James Kynadi, Chairman, ICC Kerala Council, stated, “ICC’s Kerala Council will curate the 40 ideas shared today and work toward bringing them to fruition by mapping viable action plans, setting up focused sectoral committees and forging the right partnerships and relationships.” Mr. Abhyuday Jindal, President, Indian Chamber of Commerce, added, “This is an initiative by which ICC aims to hear from stakeholders in different industries in Kerala about how they think positive change can be brought about in the state.” Dr. Rajeev Singh, Director General, Indian Chamber of Commerce, further highlighted, “ICC has a global network with offices in 15 states across India and 25 countries worldwide. We believe Kerala will benefit from the synergies that can arise from ICC’s network, its 100-year heritage and deep experience in enabling and promoting trade and commerce.”

    Above all, “Reimagine Kerala 2025” showcased a collective will to move beyond traditional silos and spark actionable change. The ICC Kerala Council now carries forward this significant momentum, committed to curating and championing these innovative ideas as part of its broader vision to shape a more inclusive, prosperous and future-ready Kerala. This event marks a pivotal step in the Chamber’s journey to foster entrepreneurship, advocate for progressive policies and enable cross-sector collaboration within the state.

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  • Surat Welcomes IMAX with Open Arms  –  A Cinematic Revolution by Rajhans Cinemas

    Surat Welcomes IMAX with Open Arms – A Cinematic Revolution by Rajhans Cinemas

    Surat (Gujarat) [India], August 6: A few years ago, catching an IMAX film meant a long drive to Ahmedabad or a flight to Mumbai. It wasn’t a casual evening plan – it was a commitment. That’s what made last weekend feel different in Surat. For the first time, folks walked into a theatre right here in the city, grabbed their popcorn, and settled into an IMAX auditorium. No travel. No compromise.

    The credit goes to Rajhans Cinemas, who recently launched the city’s first IMAX screen at their Precia multiplex. It’s part of their 14-screen setup – one of the largest in the country – but this one screen is already making the most noise.

    Inside, it’s not just bigger. The screen curves slightly, the sound fills the space from all angles, and scenes feel a bit more alive. For a city that loves its cinema, this feels like a quiet upgrade that many didn’t know they were waiting for.

    Rajhans Cinemas IMAX PNN

    A Practical Leap, Not Just a Flashy One

    To be fair, Surat isn’t new to luxury theatres. But IMAX, with its specific technology – laser projection, high-contrast visuals, and that signature immersive audio – was still out of reach. Not anymore.

    “This isn’t about bringing a trend to Surat,” says Jayesh Desai, Chairman of Rajhans Group. “It’s about matching expectations. Audiences today are very aware of what’s possible. They deserve the best, wherever they are.”

    And from what we’ve seen, the interest has been solid. Bookings were steady from day one. Shows filled up, especially for action films and big-budget releases. People came back for second viewings. Some just came out of curiosity.

    What’s interesting is how natural it all feels. The IMAX experience hasn’t been hyped up too much – it’s simply been made available. And people have responded in their own way.

    Not Just Bigger Cities Anymore

    In India, IMAX screens are still mostly seen in major metros – Mumbai, Delhi, Bangalore. Surat’s inclusion in that list is a sign of the times. Cities outside the top tier are growing fast. People have more disposable income, higher expectations, and a stronger pull toward shared experiences.

    Rajhans Cinemas seems to have understood that shift. Their network is growing rapidly, with over 160 screens already running across the country and new projects underway in places like Noida, Chandigarh, Pune, and Chennai. But this move in Surat feels personal.

    Maybe because it’s home ground for them. Or maybe because it’s the kind of city where word-of-mouth still matters more than marketing.

    A Theatre That Feels Like a Choice Again

    There was a time when people questioned the future of movie theatres. With so many streaming platforms and massive home TVs, why go out? But the IMAX experience reminds you – some things still feel different when shared.

    Films like superhero sagas or high-stakes thrillers just hit harder with booming sound and large visuals. More importantly, they bring people together. In Surat, that’s always been part of the charm – going to the movies is still a group affair, not just an individual escape.

    “Introducing IMAX was something we planned for a long time,” Jayesh Desai adds. “We wanted to do it right. Seeing people enjoy it, without us needing to oversell it, feels like a win.”

    There’s a quiet confidence in that. No big banners, no celebrity cut-ribbons – just a better experience, offered simply. With 65 additional screens across 15 locations under development and slated for completion by mid-2026, Rajhans Cinemas is redefining how India watches movies.

    What Comes Next?

    It’s early days still, but the early signs are encouraging. IMAX in Surat isn’t just a novelty – it’s becoming a regular part of weekend plans. And that’s the real success here. Not flashy launches, but steady, honest adoption.

    If anything, it shows that good experiences don’t need dramatic packaging. Sometimes, just making something accessible is enough. Rajhans Cinemas has done that with IMAX. And Surat, with its usual no-fuss spirit, has welcomed it just as quietly.

    It’s not the kind of revolution that makes headlines. But it is the kind that changes habits.

  • Focus Lighting & Fixtures Delivers INR 42 Cr Consolidated Total Income in Q1 FY26

    Focus Lighting & Fixtures Delivers INR 42 Cr Consolidated Total Income in Q1 FY26

    Mumbai (Maharashtra) [India], August 6: Focus Lighting & Fixtures Limited.(NSE – FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, announced its Unaudited Financial Results for Q1 FY26.

    Q1 FY26 Key Financial Highlights

    Consolidated Standalone
    Particulars (₹ Cr) Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25
    Total Income 42.11 55.28 41.03 31.28
    EBITDA 4.95 12.05 4.29 4.77
    EBITDA Margin (%) 11.76 21.80 10.46 15.25
    Net Profit 2.16 9.07 1.55 2.45
    Net Profit Margin (%) 5.12 16.41 3.78 7.82
    Diluted EPS (₹) 0.33 1.36 0.23 0.36

    Q1 FY26 Consolidated – Other Key Highlights

    • Segment-wise Revenue Breakdown:
    • Retail Lighting: ₹ 28.30 Cr
    • Home Lighting: ₹ 8.08 Cr
    • Infrastructure: ₹ 4.87 Cr
    • Railways: ₹ 0.19 Cr

    Commenting on the performance, Mr. Amit Sheth, Managing Director of Focus Lighting & Fixtures said, “We are pleased with the progress made during the quarter, the recent project wins from reputed clients and the addition of a key government empanelment reflect our continued focus on quality, reliability, and customer-centric solutions. The completion of our stake acquisition in Xandos Lighting marks a strategic step forward in strengthening our design-led lighting capabilities.

    The lighting industry is evolving rapidly, with growing emphasis on energy-efficient solutions and the integration of smart technologies. In India, rising urbanization and infrastructure development are driving increased adoption of LED lighting, creating a favorable environment for sustainable growth.

    Looking ahead, we remain committed to expanding our offerings, leveraging industry trends, and deepening our presence across both institutional and infrastructure segments. Our long-term focus is on delivering innovative lighting solutions that align with market needs and support our growth journey.”

    Q1 FY26 Result Highlights of Focus Lighting & Fixtures Limited                                                                  

    Secures Contracts  Secured three commercial lighting contracts worth ₹9.11 Cr from Marwadi Educare Foundation, Avid AV Technologies, and Lightalive Solutions for the supply of lighting fixtures.
    Acquires 100% Stake in Xandos Acquired the remaining 49% stake in Xandos Lighting, making it a wholly-owned subsidiary.
    Empanelled for Government Projects by the Gujarat R&B Department Empanelled by Gujarat’s R&B Department for FY25–26, Focus Lighting’s “PLUS LIGHT TECH” and “TRIX” products are now eligible under Category III for various government infrastructure projects.
    New Order Secured a ₹10.5 Cr order from L&T Construction Division for the supply of advanced LED lighting and fixtures, to be executed over eight months.

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