Tag: Business

Mumbai (Maharashtra) [India], August 5: Brace yourselves for a glittering affair as Soulaa Jewels, the house of elegance and meaning, makes a luminous appearance at the coveted Hot Sheetz experience this weekend at Reaviva, Bandra. It’s a celebration of legacy, identity, and the magic of fine craftsmanship — with a twist that’s bound to turn heads.

What makes this event truly special? Soulaa Jewels will be hosting a one-of-a-kind jewellery auction, where passion meets prestige. With an air of mystery and exclusivity, the top bidder won’t just take home a statement piece — they’ll win a surprise reward that’s rare, personal, and unforgettable.

Making waves, Soulaa introduces for the first time in India an innovative NFC Tech blend in fashion jewellery — a futuristic fusion of fashion and functionality. This pioneering concept elevates accessories beyond aesthetics, offering interactive and purposeful designs that redefine modern luxury. Mumbai marks the first stop of this revolution.

Founded with just 16 carefully crafted pieces, the name “Soulaa” is derived from the Hindi word solah, meaning sixteen. It represents not just the brand’s roots, but a commitment to purposeful growth — where every jewel tells a story, and every story is crafted to last forever.

From heirloom-worthy classics to bold, boundary-breaking designs, Soulaa Jewels caters to every kind of woman: those who wear their story with pride and passion. Now adorning clients across the globe, Soulaa continues to blend timeless aesthetics with modern expression — and is soon to debut in select stores, with a bold vision to go global.

Quote:

“We’re not just creating jewellery, we’re crafting emotion, identity, and innovation — one piece at a time. With Soulaa, fashion becomes function, and every sparkle has a soul.”

Venue: Reaviva, Bandra

Day and Time: Saturday, 26th July |  1:30 PM – 6:00 PM

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Ahmedabad (Gujarat) [India], August 5: Praveg Limited (Praveg, The Company), (BSE Code: 531637), – Praveg Limited is pleased to announce that it has received a Letter of Award (LoA) from the Deputy Conservator of Forest, Porbandar Forest Division, for managing the high-profile World Lion Day 2025 celebration to be held on 10 August 2025 at Timdi, Dwarka District, Gujarat. The value of the contract is approximately ₹3.99 Cr.

The event, which will be graced by the presence of the Honourable Chief Minister of Gujarat, is expected to host a gathering of over 8,000 attendees, including dignitaries, officials, and the general public. The scope of work awarded to Praveg includes:

• Design and setup of venue infrastructure including domes, lounges, and seating
• VIP and VVIP hospitality arrangements with lounges, dining, and amenities
• Audio-visual systems, live streaming, and branding across the venue
• Event logistics, security installations, catering, and guest management

The project reflects the scale and importance of the World Lion Day celebration in a region synonymous with the majestic Asiatic Lion and underscores the government’s continued commitment to wildlife conservation awareness.

This assignment is a testament to Praveg’s proven capabilities in managing large-scale, protocol-sensitive public events. The company’s ability to deliver complex projects with precision continues to earn it the trust of institutions and stakeholders across the country.

Dr. Vishnukumar Patel, Chairman of Praveg Limited, expressed his enthusiasm, stating, “Winning the contract to manage the World Lion Day 2025 celebration is both an honour and a responsibility we hold in high regard. This event holds special importance for Gujarat, and we are proud to contribute to a platform that brings attention to our state’s conservation efforts and cultural heritage.

This recognition highlights the trust placed in our team’s ability to plan and deliver events of scale with discipline, creativity, and efficiency. It is a reflection of the hard work and quiet dedication that often happens behind the scenes but always with the audience and purpose in mind.

As we prepare for this occasion, our focus remains clear: to ensure every detail is thoughtfully executed and every stakeholder feels the impact of a well-managed, dignified public event. My gratitude goes out to the entire Praveg team, whose steady commitment continues to shape our journey forward.”

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Mumbai (Maharashtra) [India], August 4:  Heerson, one of Mumbai’s most cherished premium dry fruits and mithai brands, marked the grand finale of its 50-year celebration with a felicitation ceremony at its flagship store in Vile Parle East. The brand honoured 50 customers with 1 gram 24-carat gold coins, bringing its month-long Golden Celebration to a meaningful close.

The event was led by the Chief Guest and Founder, Shri Dhirajlal Shah, alongside his sons and current partner-directors Hetan Shah and Bhavesh Shah. Campaign winners walked in to collect their gold coins and participate in the momentous celebration on August 02.

The felicitation event was part of the campaign of the 50th Year Celebration at Heerson, titled “A Golden Celebration of Taste and Purity”, which ran from July 1 to August 1, 2025. Customers who shopped for ₹1000 or more received a special Golden Box containing an assured discount scratch card, with 50 lucky winners winning gold coins. The campaign was a tribute from Heerson to the generations of families celebrating festivals, milestones, and everyday joys with their offerings.

“Fifty years ago, we began with a promise of purity. Today, seeing our customers walk in to celebrate this journey with us is a blessing I never imagined,” said Shri Dhirajlal Shah, Chief Guest & Founder, Heerson

Hetan Shah, Partner Director, Heerson said, “The Golden Box campaign wasn’t about discounts — it was about deep gratitude. At Heerson, we’re blessed to serve generations of families, and this gesture was our way of honoring that trust. Milestones are important, but what truly matters is making our customers feel seen, valued, and celebrated. This campaign was a reflection of who we are, rooted in tradition, filled with joy, and sincere in everything we do.”

Bhavesh Shah, Partner Director, Heerson, said, “Behind the scenes, this campaign was months in the making. But in the end, it all comes down to the smiles we saw today. We are evolving, modernising, and growing – but at our heart, we remain the same family-run brand that values every customer. Technology may have changed how we operate, but trust is still our core currency. We will keep blending old-world values with new-age thinking, but we will never forget where we came from. As we chart new paths and embrace innovation, our roots keep us grounded, reminding us that progress means little without purpose.”

Below are some of the Testimonials of gold Coin Winners

“My family has been visiting Heerson since the 80s. Winning this coin feels like a sweet memory wrapped in gold.”

– Reena Thakkar, Khar

“The scratch card surprise was fun, but more than that, it reminded me why we always come back to Heerson.”

– Mr. Aakash Patel, Juhu

“We shop here every Diwali. Getting rewarded for something we do with love every year is really special.”

– Meenakshi Nair, Vile Parle

Founded in 1975 by Shri Dhirajlal Shah, Heerson has grown from a small neighborhood store to a trusted name in premium dry fruits, traditional mithai, fusion sweets, namkeens, and more. Known for its quality, purity, and family-first approach, Heerson continues to serve Mumbai with products that honour both tradition and innovation.

For more information, kindly visit the website www.heerson.in; www.heerson.com

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Mumbai (Maharashtra) [India], August 4: Mumbai is poised to become the epicenter of industrial transformation as Automation Expo 2025, Asia’s largest and most comprehensive exhibition for automation and instrumentation, opens its doors from August 11–14, 2025, at the Bombay Exhibition Centre (BEC), Goregaon. Spanning an expansive 36,000 square meters, the 18th edition of this landmark event—organized by IED Communications Ltd.—promises to showcase the future of smart manufacturing, digital transformation, and sustainable industrial growth.

This is not just another trade show. It is a decisive meeting ground for forward-thinking professionals across industry verticals. Whether you’re a seasoned leader, engineer, system integrator, or procurement strategist, Automation Expo 2025 is a direct pipeline to the solutions driving competitiveness, operational efficiency, and personal growth in the automation age.

 

Exhibitors Comments:

Mr. Milan Desai        

Vice President – Industry Management & Automation (IMA)    

Phoenix Contact India Pvt. Ltd.

I invite you to visit our stand at Automation Expo 2025, where we’re showcasing cutting-edge solutions in sustainability — from carbon capture and green hydrogen to circular economy breakthroughs. Explore our innovative technologies shaping a sustainable future, featuring secure, safe, and open control automation; robust connectivity solutions; and reliable power systems that empower advanced electrification and communication networking. 

Dr. Hemal Desai        

Vice President- Marketing | Marketing     

Endress+Hauser (India) Pvt. Ltd  

At Automation Expo 2025, we’ll be showcasing cutting-edge solutions in sustainability — from carbon capture and green hydrogen to breakthroughs in the circular economy. Let’s explore how innovation can drive a greener, smarter future together!

Why You Can’t Afford to Miss This Expo:

1. Discover Innovation—Live & Hands-On:

Why rely on online demos or catalogs when you can see breakthrough technologies in real-time? At Automation Expo 2025, attendees can explore and interact with working models of:

• Industrial Robotics & AI-Powered Systems – From collaborative robots (cobots) to autonomous mobile robots (AMRs), witness real-time AI applications in error detection, mobility, and precision handling.
• Precision Instrumentation & Process Control – Engage with the latest in sensors, flow meters, transducers, and advanced control valves that enable real-time diagnostics and process efficiency.
• Industry 4.0 & Smart Factories – Explore fully integrated systems based on the Industrial Internet of Things (IIoT), cloud computing, digital twins, and predictive maintenance that enable agile, data-driven operations.
• Green & Sustainable Automation – Discover automation strategies aligned with net-zero goals, including smart energy solutions, renewables integration, and eco-efficient systems.
• Machine Vision & Cybersecurity – Understand how intelligent cameras drive near-zero defect manufacturing, and how next-gen cybersecurity frameworks protect critical OT systems.
• This immersive environment enables visitors to evaluate competing technologies on the spot, streamline their vendor selection process, and drive faster, more informed investment decisions.

2. Elevate Your Expertise—Through High-Impact Conferences & Workshops:

Automation Expo 2025 brings together a stellar lineup of industry leaders, scientists, and innovators through three focused conferences designed to spark transformation at both operational and strategic levels.

A. NexGen Factories: Transforming Industries for Sustainability (August 11, 2025)

Get future-ready insights on building greener, smarter factories:

• Mr. Ashok Muthuswamy, Vice President, TAFE – on Strategies & Technologies to Reduce Carbon Emissions
• Mr. Suraj Suresh, Sales Manager, IDS Imaging Development Systems GmbH – on Collaborative Robotics in Sustainable Smart Factories: Vision-Guided Intelligence
• Mr. Sabarinathan Saravanan, Regional Product Manager, Siemens Limited – on Generative AI in Manufacturing (Industrial Copilot)
• Dr. Amit Kumar Singh, Associate Professor, Dept. of Mechanical Engineering, NIT Calicut – on Zero-Waste Manufacturing: Automation’s Role in Sustainability
• Ms. Pallavi Gawade, General Manager – Software & Digital Solutions, Lauritz Knudsen – on Green Automation: Strategies to Reduce Carbon Emissions
• Mr. Girish S. Alawe, General Manager – tec.nicum, APAC & Middle East, Schmersal India Pvt. Ltd. – on Redefining Industrial Safety Excellence with AI-Driven Automation

B. Sustainable Process Evolution: Automation for a Greener Future (August 12, 2025)

Delve into the science and practice of automation-led sustainability:

• Padmashri Prof. Dr. G. D. Yadav, Bhatnagar Fellow & National Science Chair, ANRF/DST/GOI & Emeritus Professor of Eminence – Keynote on Scientific Roadmap for Industrial Sustainability
• Mr. Atul Choudhari, Chief Technology Officer, Tata Consulting Engineers Ltd. – Hydrogen Storage & Automation in Transportation
• Dr. Pritesh Shah, Chairman, Prima Equipment – Precision Emission Monitoring: Reliability to Sustainability
• Mr. Angshuman Paul, Executive Director, Adage Automation Pvt. Ltd. – Gas Analytical Systems in the Hydrogen Economy
• Mr. K. Guruprasad, Head – Automation, Drive Products, ABB India – Automation for Green Fuels

C. Back to Basics Workshop: Building Strong Foundations in Automation (August 13, 2025)

Sharpen core competencies and elevate your technical confidence:

• Dr. B. R. Mehta, Director – Projects, Waaree Group – Selection of Safety Systems
• Dr. Jagdish Pranami, AVP, SRF Limited – Control Valve Performance in Harsh Environments
• Dr. Kartik Fojdar, Head – CoE Engineering, Reliance Industries – Anti-Surge Control in Compressors
• Dr. V. P. Raman, Empanelled ICE/IECEx Trainer, KLPL – Hazardous Area Classification & Device Selection
• Mr. S. Syam, Director, Deiktis Technologies Pvt. Ltd. – Control System Architecture
• Dr. Sudhir Pai, Country Head – India, exida Consulting Pvt. Ltd. – Cybersecurity in Automation Systems

3. Network, Collaborate & Grow Your Influence:

With 2,000+ exhibiting companies and over 65,000 trade visitors expected, the expo presents unparalleled networking opportunities. Whether you’re looking to connect with global technology providers, automation consultants, systems integrators, or industry buyers—this is where business relationships are forged and futures are built.

Who Should Attend:

CEOs, CTOs, Plant Heads, Automation Engineers, System Integrators, R&D Professionals, Procurement Managers, and IT Managers from sectors including oil & gas, manufacturing, chemicals, automotive, food & beverage, pharmaceuticals, renewable energy, and more.

Automation Expo 2025 isn’t just an event—it’s your launchpad to the next era of industrial excellence.

Don’t Miss Out, Register Today:

Conference Registration Link: https://pages.razorpay.com/pl_Qw1aYSjQiwek7J/view

Automation Expo 2025 – Visitor Registration Link: https://www.viablesoft.org.in/AutomationExpo2025VD/index.aspx

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Mumbai (Maharashtra) [India], August 4: The Indian Bar Council recently amended its rules allowing foreign lawyers and firms in non-litigation domain to practice foreign law, international law and international arbitration in India, on a reciprocal basis, which triggered significant realignments.

Amid this shift, SJ Law, a Mumbai- and Delhi-based law firm headed by Senior Solicitor Samir Jagad, has fully merged with Solicis Lex Advisory. Operating from Bandra and recently expanding to Nariman Point, SJ Law merged through the mediation of a prominent Mumbai-based industrialist.

SJ Law is recognised as a leading Indian Banking and Finance firm, boasting an extensive clientele comprising banks, NBFCs and large-scale financial institutions. Solicis Lex, meanwhile, has grown significantly through acquisitions in Juhu and Delhi, establishing a strong footprint in Supreme Court and High Court litigation, M&A, real estate and NCLT matters.

On 2 August, Solicis Lex welcomed Mr. Jagad as a Partner to lead its Banking & Finance Practice, bringing his entire team on board.

Adv. Ameet Mehta, Managing Partner at Solicis Lex, announced:

“We are pleased to acquire SJ Law through its Sole Proprietor Mr. Jagad, who joins as Senior Partner to exclusively lead our Banking & Finance practice. SJ Law is a long-standing trusted advisor to leading banks, financial institutions and corporate borrowers. Dealogic ranked it many times among the top ten law firms globally and in the Asia-Pacific region as a ‘Project Finance Law Firm’, including first in the Asia-Pacific during H1 2016. This acquisition realigns our banking vertical across Mumbai and Delhi with evolving client needs.”

Mr. Jagad, as team leader, has handled debt transactions exceeding ₹2 trillion (₹2 lakh crores), including ₹1.5 trillion during his tenure at SJ Law, reflecting the depth, complexity and trust associated with his practice.

Reflecting on his journey and future, Mr. Jagad shared:

“The Legal 500 Asia Pacific (2017) noted SJ Law’s role in breaking the deadlock between NHAI and banks. Our ‘Security Clause’, introduced after extensive persuasion, set a sector-wide precedent. I’m excited to join Solicis Lex, which blends legal acumen with strategic foresight. I look forward to building a dynamic Banking & Finance practice with a team focused on excellence, qualitative output and efficient turnaround. I’m especially excited by the firm’s threefold growth in four years, positioning it as a market leader. Having known Ameet professionally, I’ve witnessed his sharp restructuring vision and performance-focused leadership.”

Mr. Jagad, 1993 Solicitor’s Examination topper, is renowned for his regulatory expertise and innovative, solutions-driven approach in Banking and Finance.

The International Comparative Legal Guide to Project Finance 2016 recognised Mr. Jagad for his extensive expertise in project finance and infrastructure, highlighting his commercial insight, innovation and pioneering solutions in transactions and extending to the sector.

Ms. Swetha Poojary, Senior Lawyer and heading Corporate Law at Solicis Lex, commented:

“We are pleased to acquire SJ Law and welcome Mr. Jagad as Partner. His extensive experience and leadership will strengthen our banking and finance capabilities to better serve sector-wide clients.”

With this strategic acquisition, Solicis Lex now has over 300 lawyers, bolstering its presence in finance, banking, pharma and real estate. The firm now has a footprint across 12 countries, alongside a strong domestic presence in India.

Website: www.solicislex.com

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Hyderabad (Telangana) [India], August 4: Standard Glass Lining Technology Limited has delivered a strong performance in Q1 FY26, supported by healthy revenue growth and profitability margins. Company has also taken a few strategic initiatives that create additional growth opportunities.

Highlights 

Entered into a long-term agency agreement with M/s. BioCon Solutions Pte Ltd, Singapore

• Enables export of SGLTL’s manufactured products to BioCon’s customers
• Covers key Southeast Asian territories -Singapore, Indonesia, Malaysia, and Thailand
• Strengthens our international footprint and opens access to new industrial customers in high-growth markets
• Combines SGLTL’s manufacturing excellence with BioCon’s market reach and distribution network

Incorporated Standard Engineering Inc. in the USA as a wholly owned subsidiary 

• Based in the State of South Carolina, USA, a growing hub for industrial manufacturing
• Will cater to Industrial Products and Process Equipment segment
• Marks a significant step in the Company’s international growth strategy and customer proximity
• Expected to enhance supply chain responsiveness and unlock new customer opportunities in the North American market

Key Highlights for Q1 FY26 Financial Results

• Total Income stood at ₹178 crore, registering a 23.6% YoY growth
• EBITDA came in at ₹35 crore, up 31.9% YoY, with an EBITDA margin of 19.5%
• Profit Before Tax (PBT) is ₹28 crore, reflecting a 39.6% YoY increase
• Profit After Tax (PAT) is at ₹21 crore, up 37.6% YoY, with a PAT margin of 11.9%

Management Commentary 

Mr. Nageswara Rao Kandula, Managing Director, said: “We are pleased with our continued healthy performance this quarter, which reflects our unwavering commitment to our customers, investors and all stakeholders. Through improved execution, we have delivered good margins while also expanding our exports and establishing our global footprint. Our focus on innovation has enhanced our reputation with customers, and our new offerings are gaining acceptance and appreciation. We remain confident that our efforts in technology development, product diversification, and international market expansion will open new avenues for sustainable, long-term growth.

We also believe that the rapid growth of the CDMO business in India presents a significant opportunity for the Indian engineering industry. As global pharma and chemical companies increasingly turn to India for high-quality, cost-effective manufacturing solutions, we are well-positioned to benefit from this trend—thanks to our strong customer relationships, proven execution capabilities, and engineering excellence

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East Coast, August 2025 – The buzz is real and the excitement is tangible! The East Coast just got its most awaited lifestyle landmark with the pre-launch of 18 Mall, a spectacular fusion of food, fun, and family entertainment. The star-studded event was graced by celebrated actor Jeeva, entrepreneur Priyadarshini Kumar, and lifestyle visionary John Cris Terrence, setting the tone for what promises to be a game-changer in culinary and entertainment experiences.

This isn’t just a mall—it’s a movement. A movement toward curated, culture-rich, and family-friendly experiences that will redefine how you spend your evenings and weekends.

More Than a Mall—Welcome to the World of 18

18 Mall is where gastronomy meets glamor, where families gather not just to shop, but to create unforgettable memories. Centered around a unique “One Brand, One Cuisine” concept, the mall is a tapestry of 18 individual culinary spaces—each one laser-focused on delivering a singular, authentic flavor experience.

No more overwhelming food courts or chaotic choices. Here, each cuisine gets its own spotlight, allowing you to fully immerse yourself in a brand’s essence, story, and flavors. From international giants to homegrown heroes, 18 Mall is a place where every outlet is the main character of its own story.

Savor the Best—18 Curated Cuisines Under One Roof

The lineup is nothing short of mouth-watering. Whether you’re a caffeine aficionado, a dessert lover, or a spice chaser—18 Mall has you covered with legendary brands such as:

• Starbucks – Your premium coffee pit-stop.
• Baskin Robbins – Scoop into a world of 31+ ice cream flavors.
• Cha Republic – Bubble tea reimagined.
• Freshlings – Fresh, green, and guilt-free bites.
• Cookieman – Baked delight straight from the oven.
• Tea Talkies – For those who like their gossip with chai.
• Biggies Burger – The bigger, the better.
• Bigguys Wings – Finger-licking, spicy perfection.
• Air Borne – A café for the young at heart.
• The Chennai Café – Nostalgic southern bites.
• Chola Chettinad Mess – Bold, traditional Chettinad flavors.
• VRtual Club – Where dining meets digital dance floors.

This is a food lover’s paradise and an Instagrammer’s dream. Every corner is designed for discovery. Every plate is picture-perfect.

A Family Wonderland – Fun for All Ages

What sets 18 Mall apart is its unwavering commitment to family experiences. Gone are the days when kids were an afterthought in mall design. At 18 Mall, children are VIP guests, with dedicated entertainment zones, interactive play areas, and safe, joyful spaces that let them explore while parents unwind.

Whether you’re planning a birthday bash, a fun family Sunday, or a relaxed midweek outing, 18 Mall has everything to turn your visit into a multi-sensory celebration.

Entertainment That Moves You

Food and fun go hand in hand at 18 Mall. With live music performances, immersive VR zones, and the VRtual Club experience, this isn’t just a place to eat—it’s a place to vibe. Picture this: sipping artisanal tea while listening to a local indie band, or diving into a plate of spicy wings before heading into a digital gaming world with your friends. At 18 Mall, every evening is an event.

And let’s not forget the aesthetics—sleek interiors, vibrant lighting, curated art, and cozy seating make this the new hotspot for hangouts, casual dates, family dinners, and influencer meetups alike.

The Visionaries Behind the Magic

The pre-launch ceremony was more than just an unveiling—it was a celebration of vision and innovation. Actor Jeeva brought his signature charm, while Priyadarshini Kumar spoke passionately about creating a space that respects diversity in cuisine and culture. John Cris Terrence, the brain behind the branding and experience design, emphasized how 18 Mall is “not just about food—it’s about feelings, connections, and stories.”

Coming Soon – Your New Favorite Place

With its grand opening just around the corner, the countdown has begun. Whether you’re a foodie, a parent, a teen, or a thrill-seeker—18 Mall is where your next adventure begins.

So mark your calendars. Come hungry. Leave happy.
Because this isn’t just a destination—it’s an experience that feeds your soul.

18 Mall – The East Coast’s New Culinary & Entertainment Landmark.
One Brand. One Cuisine. One Incredible Experience.

Stay tuned for the grand opening festivities and exclusive sneak peeks!

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New Delhi [India], August 4: KRN Heat Exchanger and Refrigeration Limited (NSE – KRN | BSE – 544263), One of the prominent manufacturers and exporters of aluminium/copper fins, copper tube heat exchangers, water coils, and condenser and evaporator coils has announced its Unaudited Financial Results for Q1 FY26.

Q1 FY26 Standalone Key Financial Highlights

Total Income of ₹ 117.14 Cr, YoY growth of 18.65%
EBITDA of ₹ 19.79 Cr, YoY growth of 16.02%
Net Profit of ₹ 15.69 Cr, YoY growth of 34.85%
EPS of ₹ 2.52, YoY growth of 0.00%

Q1 FY26 Consolidated Key Financial Highlights

Total Income of ₹ 118.86 Cr, YoY growth of 22.56%
EBITDA of ₹ 17.59 Cr, YoY change of -0.58%
Net Profit of ₹ 12.42 Cr, YoY growth of 3.77%
EPS of ₹ 2.00, YoY change of -22.78%
Other Key Highlights for Q1 FY26 – Consolidated

The Company recorded a total segment revenue of ₹115.28 Cr in Q1 FY26, reflecting a robust year-on-year growth of 20.36%.
Domestic revenue stood at ₹96.39 Cr, contributing 83.62% to the total, and marking a 17.27% increase over Q1 FY25.
Overseas revenue grew by 39.04% YoY to ₹18.89 Cr, accounting for 16.38% of total segment revenue. Key markets included the UAE (₹8.76 Cr) and Italy (₹3.57 Cr).
The Company also generated revenue from a diversified international portfolio, with contributions from Canada, Croatia, France, Germany, and Spain, highlighting its expanding global footprint.

Comment on Financial Performance Mr. Santosh Kumar, Chairman & Managing Director of KRN Heat Exchanger and Refrigeration Limited said, “We have made a strong start to FY26. The successful commissioning of our Neemrana facility under our subsidiary, KRN HVAC Products Pvt. Ltd., marks a major milestone in our growth journey. This state-of-the-art manufacturing hub significantly enhances our ability to localize production, serve both domestic and export markets more efficiently, and strengthen backward integration.

The HVAC industry continues to benefit from robust tailwinds, including sustained infrastructure development, increasing adoption of energy-efficient systems, and growing demand for thermal management solutions. KRN is strategically aligned with these trends, and we are actively scaling our capacities to meet the evolving needs of our customers. With the PLI incentive approval, we are further strengthening our value chain and reinforcing our presence in key markets, both in India and globally.”

Q1 FY26 Key Business Highlights

Subsidiary Secures PLI Incentive	PLI Approval: KRN HVAC Products Pvt. Ltd., subsidiary, approved under PLI Scheme for white goods. Incentive Sanctioned: ₹141.72 Cr granted by IFCI Ltd. Purpose: To aid expansion, localization, and backward integration.
Subsidiary Commences Production at Neemrana Plant	Commercial Operations: KRN HVAC Products Pvt. Ltd., subsidiary commenced production on May 31, 2025. Location: RIICO Industrial Area, Neemrana, Alwar, Rajasthan. Product Focus: Heat Exchangers and HVAC products.

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Ahmedabad (Gujarat) [India], August 4: Bulkcorp International Limited (NSE – BULKCORP), one of the leading manufacturers of food-grade FIBCs (Flexible Intermediate Bulk Containers), is pleased to announce that it has received the globally recognized SEDEX (Supplier Ethical Data Exchange) certification. This key milestone reinforces the company’s commitment to ethical business practices and high-quality manufacturing, while unlocking eligibility for major international tenders, particularly from global corporations and MNCs.

The SEDEX certification enhances the Company’s global positioning by validating its adherence to international standards on labour practices, environmental responsibility, and supply chain transparency. As compliance-led procurement becomes a core requirement for international clients, this development strategically strengthens the Company’s ability to secure global partnerships and large-volume export opportunities.

This achievement will play a pivotal role in accelerating its export growth. The Company is already serving clients across Europe, North America, LATAM, and the Middle East and is actively focused on expanding its international footprint through high-volume, compliance-driven partnerships.

Commenting on the development, Mr. Punit Gopala, Managing Director and CEO of BulkcorpInternational Limited said, “The SEDEX certification marks a defining step in our evolution as a globally trusted packaging partner. It strengthens our positioning for large-scale international tenders and affirms our alignment with the values of multinational clients who prioritise ethical and sustainable sourcing. This milestone is fully in sync with our strategic roadmap for export-led growth and long-term value creation across global markets. It aligns closely with our strategic focus on building long-term, high-volume global partnerships.”

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Mumbai (Maharashtra) [India], August 4: Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement industry, has commenced operations at the Purnea (Bihar) depot for Adani Cement Limited under the CCFA model.

This depot marks the company’s 9^th depot in the current financial year 2025–26 and is expected to handle a monthly volume of around 5,000 MT, significantly enhancing the company’s overall distribution capacity. With this addition, the total number of depots and rake points operated by the company has increased to 111. This expansion aligns with the company’s strategic vision of strengthening its pan-India cement supply chain and reflects its strong commitment to addressing the evolving needs of the cement industry through scalable, reliable, and cost-effective supply chain solutions.

Commenting on this Mr. Uddhav Poddar, Managing Director, Kaushalya Logistics Limited said, “The commencement of operations at our Purnea depot marks another important step in the expansion of our cement supply chain across India. With each new location, we are enhancing our ability to reach key markets more efficiently and serve our partners with greater consistency and reliability.

Our growing network reflects the strategic direction we have set for the company. By strengthening our distribution capabilities and building scale, we are not only supporting the operational needs of the cement industry but also creating long-term value through improved service coverage and timely deliveries.

We remain fully committed to our goal of establishing a robust, pan-India cement supply chain. The progress we have made so far reinforces our confidence in pursuing expansion, with a target of reaching over 200 locations by the end of FY26, and in continuing to drive sustainable growth that creates long-term value.”

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