Tag: Business

Bengaluru (Karnataka) [India], May 5: As unpredictable weather patterns and rising input costs place increasing pressure on India’s farmers, a quiet transformation is underway in Bengal’s 24 Parganas. Smallholder farmers here, long constrained by low yields and volatile markets, are now harvesting every week—a rhythm made possible by Farmology, a startup redefining the possibilities of rural agriculture.

Supported through the SoilBox program, Farmology combines bio-fertiliser-based inputs, soil-first practices, and real-time crop advisory to empower smallholder farmers with knowledge, tools, and confidence.

“Earlier, we harvested Parwal once every two weeks. This season, we’re harvesting every week. That’s never happened before,” shares Saktipada Mondal, a farmer in 24 Parganas. “The soil looks healthier. We’re taking more to the mandi—and bringing more money home.”

Farmology, co-founded by Anup Ganguly and Akash Chandrakar, received a ₹12.5 lakh grant under SoilBox — a ₹60 lakh initiative by OmniActive Improving Lives Foundation, in partnership with Bioriidl, riidl Somaiya Vidyavihar University, and funded by OmniActive Health Technologies. The program aims to reach over 200,000 farmers across India by enabling agri-startups to extend support far beyond the grant cycle.

In just one season, Farmology has already made measurable progress:

• Farmers saw a 28% increase in yield
• Income per bigha rose from ₹4,000 to ₹5,720
• Market prices improved from ₹40/kg to ₹45/kg

“This isn’t just an agri-startup — it’s an agri-uprising,” says Rushva Parihar, Head, OmniActive Improving Lives Foundation. “One that starts with a better harvest but ends with a more confident farmer. That’s the real innovation.”

Beyond funding, SoilBox offers selected startups access to field pilots, mentorship, and peer-learning, helping them refine and scale their solutions in real-world conditions. Farmology’s success is rooted in this ecosystem — one that blends deep-tech innovation with grassroots knowledge.

“It’s incredibly fulfilling to see startups like Farmology turn grassroots innovation into real-world change,” adds Bhavna Pandya, Chief Incubation Officer at riidl Somaiya Vidyavihar University, which has supported 268 startups and over 1,000 jobs and internships over the last 15 years.

With SoilBox-supported startups now active across West Bengal, Uttarakhand, Gujarat, and the Nilgiris, the program is already showing how farmer-first innovation can thrive in diverse agro-climatic zones. From improving soil health in Bengal to turning farm waste into income in the Himalayan foothills, these startups are proving that real change happens when solutions are rooted in soil, guided by science, and driven by community.

About SoilBox:

SoilBox is a catalytic initiative by OmniActive Improving Lives Foundation, in partnership with Bioriidl – riidl Somaiya Vidyavihar University and funded by OmniActive Health Technologies. With a vision to reimagine rural resilience, SoilBox supports startups building farmer-first solutions that are sustainable, scalable, and rooted in local realities. From productivity and market access to circular economy models, the program nurtures ideas that go beyond innovation—forging a future where science, soil, and community come together to transform how India grows, earns, and thrives. The goal: reach 200,000+ farmers and create a lasting ecosystem of rural prosperity.

About OmniActive Improving Lives Foundation

OmniActive Improving Lives Foundation is the social impact arm of OmniActive Health Technologies, committed to building healthier, more resilient communities across India. Through high-impact programs in health, education, agriculture, and sustainability, the foundation has touched over 230,000 lives across nine states. It partners with mission-driven startups, grassroots organizations, and local governments to co-create scalable solutions that drive long-term change. With a focus on innovation, inclusivity, and systems thinking, the foundation empowers underserved communities to thrive, unlocking new pathways to well-being, livelihood, and environmental stewardship for current and future generations.

About riidl Somaiya Vidyavihar University:

riidl Somaiya Vidyavihar University has been bestowed with the National Award for the year 2020 in the Emerging Technology Business Incubator category by the Department of Science and Technology, Government of India.

riidl Somaiya Vidyavihar University supports the creation and incubation of early-stage companies from ideation to commercialization by providing them with resources, labs, facilitating government grants, investor connections, funding and mentorship. Business incubators of riidl Somaiya Vidyavihar University are supported by the Department of Science & Technology; BIRAC, Department of Biotechnology, Government of India and Maharashtra State Innovation Society, Government of Maharashtra. It has incubated over 268 startups and facilitated the creation of 1000+ jobs and internship opportunities, while the total revenue generated by the startups is over INR 400 Cr. Among these, our bio-incubator has supported 74 life sciences startups with 3 successful exits and over 30 research projects.

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Mumbai (Maharashtra) [India], May 7: In a landmark moment for India’s fresh produce sector, Mr Dinesh Shinde, CEO and Founder of Anusaya Fresh India Pvt. Ltd., proudly announces a prestigious collaboration with SanLucar- one of the globe’s most trusted and celebrated names in fruit and vegetable distribution and Mr Iceman- a leading ice cube producer in the Northern part of Europe. This strategic partnership marks a significant milestone in Anusaya Fresh’s illustrious 75-year journey and promises to revolutionise the availability of premium-quality blueberries across the Indian subcontinent. The evening saw the presence of Shweta Khanduri, Prashant Virendra Sharma, Rituparna Sengupta, Pratik Jain, Rakesh Paul, Drumaira Shaikh, Sahar Quaze, Aric Diamani, Rhea Singha, Altamash Faraz, Maharishi Aazaad, Karan Bakshi, & Many More.

This alliance is poised to usher in a new era for fruit lovers in India. With SanLucar and Mr Iceman’s globally acclaimed produce and Anusaya Fresh’s extensive distribution network, fresh, succulent, and responsibly cultivated blueberries will now be within reach of households across every corner of the nation — from cosmopolitan metros to emerging towns.

Regarding the collaboration, Mr Dinesh Shinde remarked, “This partnership is a harmonious confluence of legacy, quality, and vision. We are honoured to align with SanLucar and Mr Iceman, a brand that not only delivers excellence but also upholds values we deeply resonate with. Together, we aim to enrich the Indian palate with the world’s best blueberries, ensuring both abundance and affordability”

Established as a humble, family-run venture, Anusaya Fresh has grown into a formidable force in the import and export of fresh fruits, frozen foods, vegetables, and exotic flowers. The company is synonymous with quality, consistency, and excellence, earning the trust of leading five-star properties, high-end supermarkets like Godrej Nature’s Basket, Food stories and Hypercity, and retail giants including Big Bazaar and Reliance Fresh. As well as a quick commerce platform, Swiggy, Blinkit, and Zepto. With a reputation built on unwavering adherence to international standards and unmatched logistical prowess, Anusaya Fresh continues to lead from the front.

SanLucar, headquartered in Valencia, Spain, is an international powerhouse renowned for its commitment to delivering over 100 varieties of top-quality fruits and vegetables across more than 35 countries. Founded by visionary entrepreneur Stephan Rötzer in 1993, SanLucar has become a symbol of taste, sustainability, and ethical farming. With a workforce exceeding 4,000 employees and operations spanning Europe, Latin America, the Middle East, and Africa, SanLucar embodies its core philosophy: “Taste in harmony with people and nature.”

Mr. Iceman stands as the premier producer of ice cubes in Northern Europe, setting the standard for quality, sustainability, and celebration. Driven by the belief that even the simplest moments deserve to feel special, Mr Iceman inspires people to savour life — one perfect cube at a time. Crafted using 100% sustainable energy, every Mr. Iceman ice cube reflects a commitment not only to excellence but to the environment and the community. From elevating your weekend gatherings to enhancing everyday rituals, they transform the ordinary into the extraordinary, all while making a positive impact close to home.

This move reiterates Anusaya Fresh’s unwavering commitment to delivering freshness, flavour, and health to Indian families while strengthening India’s presence on the global fresh produce map. The collaboration also represents a shared vision — one rooted in innovation, integrity, and the belief that the best of the world should be accessible to all.

Spokesperson from SanLucar says, “At SanLucar, we believe that true quality knows no borders. Our partnership with Anusaya Fresh marks an exciting step in bringing our passion for fresh, flavourful, and responsibly grown fruits to the vibrant Indian market. Together, we are not just delivering blueberries — we are delivering joy, health, and a taste of nature’s finest”

Spokesperson from Mr. Iceman says, “We’re thrilled to collaborate with Anusaya Fresh in a partnership that champions quality and celebration. For us, ice is more than just frozen water — it’s the finishing touch to every great moment. And now, we’re proud to be part of making every Indian blueberry experience perfectly chilled and unforgettable”

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Mumbai (Maharashtra) [India], May 7: Board of Directors of Colab Platforms Limited (BSE: 542866), an emerging leader in the country’s sports-tech space have considered and fixed Wednesday, 21^st May 2025 as a Record Date for ascertaining eligibility of shareholders for 1:2 stock split (sub-division of equity shares) of the company from 1 equity share having face value of Rs. 2 each into 2 equity shares having face value of Rs. 1 each.

In a strategic move poised to reshape India’s sports-technology landscape, company has announced the launch of a Rs. 250 million Sports-Tech Growth Accelerator Programme. The initiative aims to identify, support, and scale early-stage ventures across critical areas of sports innovation, ranging from athlete performance tools and esports infrastructure to gamified fitness and fan engagement platforms.

Positioned under Colab’s newly established Sports Innovation Division, the Accelerator is designed to serve as a launchpad for founders reimagining the future of sports—from performance tech and esports to fan engagement, athlete development, and gamified fitness.

“India’s sports sector is on the cusp of a digital leap, and with this Growth Accelerator, we are not just funding ideas but building an innovation engine for India’s sports future. We want to back visionaries who are building for the next generation of sports, both in India and for the world,” said Puneet Singh, Managing Director of Colab Platforms Limited.

Highlights:-

• Company launches Rs. 250 million accelerator programme to drive sports-tech innovation in India
• An initiative to empower startups, strengthen collaborations, and transform the future of sports through technology
• Company also unveils new subsidiary, announces interim dividend, and forays into predictive gaming market

Access to a robust sports ecosystem

The programme will be spearheaded by Colab’s newly launched Sports Innovation Division and is set to offer not just capital, but a robust ecosystem to startups. It will include access to cutting-edge R&D infrastructure, mentorship from top industry operators and domain experts, business advisory and go-to-market strategy, and connections to sports federations, organisations, universities, and private equity firms. The selected startups will also gain opportunities to pilot their solutions within Colab’s own ecosystem, which includes sports leagues, teams, events, and commerce platforms.

The Colab Sports-Tech Accelerator programme will actively scout, support, and scale startups working across multiple impact-driven verticals, including, AI-Driven tools & Performance analytics, Wearable Sports Tech, Fan Engagement & Skill Based gaming platforms, Esports Infrastructure & Content IPs, Grassroots & Decentralised Athlete development, Gamified Fitness and Digital coaching models, and Sports 360° Platforms & Communities.

Unveils subsidiary for sports nutrition, equipment segment

In line with its broader growth strategy, Colab Platforms has incorporated a new wholly-owned subsidiary, Colab Sports Science Private Limited, which will drive the Group’s expansion in the sports nutrition and equipment segment. Colab Sports Science will cater to the fast-growing demand for sports science-based products and services in India. It will operate across both online and offline channels, offering nutritional supplements, wearable gadgets, and other sport-specific technologies that align with Colab’s vision to build a 360-degree sports ecosystem.

Board declares interim dividend

The Board of Directors of Colab Platforms has declared an interim dividend at the rate of 0.5% per share of face value of Rs. 2 each for the financial year 2025–26. The record date has been fixed as April 24, 2025. The dividend shall be paid on or before May 16, 2025, to the eligible shareholders.

Colab enters predictive gaming sector

As part of its broader digital expansion, Colab Platforms has formally entered the predictive gaming space, a rapidly emerging sector with over 50 million users and annual transaction volumes exceeding Rs. 50,000 crores. The company has also launched www.colabsports.in, an e-commerce platform for sports.

Through its new predictive gaming initiative, Colab aims to build a scalable, transaction-fee-based platform that offers users interactive and educational experiences, underpinned by advanced analytics, real-time data, and strong regulatory compliance.

These strategic expansions showcase the company’s unwavering commitment to innovation and its drive to provide cutting-edge experiences for its users. The foray is expected to diversify Colab Platforms’ revenue streams and also strengthen its position in the evolving sports-tech and fintech convergence space.

About Colab Platforms Ltd.

Colab Platforms Limited is listed on the Bombay Stock Exchange. The company has been delivering innovative technological solutions across various sectors, leveraging its expertise in advanced technologies to drive growth and enhance user experiences. Colab Platforms Limited is dedicated to providing customised, technology-based processing solutions that help clients achieve their objectives and exceed expectations. Recognising India’s rapid emergence as a global technology hub, Colab Platforms harnesses the nation’s diverse and talented professionals to contribute significantly to the development of the professional community.

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New Delhi [India], May 7: Stock price of Aayush Wellness Limited [BSE:539528], India’s preventive healthcare company has risen over 50% in a month’s time from around Rs. 60.71 per share on 4 April 2025 to Rs. 92.2 per share on 5 May 2025. Company’s stock price was locked in upper circuit back to back from over last many trading sessions.

In a year’s time the stock has given return of over 400%. In a 2 years, stock price has increased from the level of Rs. 1.8 per share to over Rs. 90 currently – over 50 fold rise.

In 2024, the company executed a stock split, changing its issued share capital in relation to an existing share of Rs 10 to a new share of Rs 1 in a 1:10 ratio. The ex-split date was on August 5, 2024. Subsequently, it announced a bonus issue in December 2024 of 1 against 2, meaning one bonus share would be given for every 2 shares held by the shareholders. These were done with the aim of increasing liquidity and widening investor interest.

Company is taking a significant step toward accessible and proactive healthcare by launching its first healthcare centre in Virar (Mumbai), Maharashtra. Inspired by the E Sanjeevani National Telemedicine Service of the Ministry of Health and Family Welfare, Aayush Wellness has installed a health ATM that shall conduct a wide range of diagnostics tests, in 2-3 minutes, maintain digital health records, and also facilitate Telemedicine to address health deficiencies before they become critical.

Key Highlights:

• Company has rewarded its shareholders with a bonus issue and 1:10 stock split
• Company is planning expansion into preventive healthcare with Smart Health Kiosks & Medical Support centre; To Invest upto Rs. 25 crore in the expansion
• Opens first centre in Mumbai, Aims to expand presence across India and to improve offline distribution network

The Company plans to invest up to Rs. 25 crores in the first phase and shall review further investments based on business requirements. This expansion will increase company’s physical presence across geographies all over India, improve the offline distribution network for our products and provide complete preventive healthcare solutions under one roof.

The company envisions a future where preventive healthcare becomes a cornerstone of everyday life, reducing dependency on reactive treatments. With this initiative, Aayush Wellness Limited continues to strengthen its presence in the $372 billion Indian healthcare market, offering solutions that cater to the evolving needs of consumers.

For the quarter ended 31^st December 2024, company declared interim dividend @ rate of 1% per equity share having face value of Rs. 1 each.

Mr. Naveena Kumar, Managing Director of Aayush Wellness Limited said “The Cloud Clinic model through this Health ATM is unique as it will deliver affordable yet high quality healthcare services to under privileged population of India. Our solution not only promotes early detection and prevention but also empowers individuals, especially those in rural and semi-urban areas, to take charge of their health in an accessible, cost-effective manner.”

The health ATM shall be able to conduct a up to 59 test including blood test, sugar test, Urine test, Haemoglobin test, skin test, eye test, cancer risk test, Lipid Profile test, and other basic health checkups, at a very affordable price. Further, the health ATM shall also facilitate Telemedicine, maintain Digital Health Records, Cloud connectivity generates smart reports and integration with Ayushman Bharat Digital Mission to benefit majority of the Indian Population.”

About Aayush Wellness Limited: (ISO 9000 and 22000 certified company)

Aayush Wellness Limited [BSE scrip code: 539528], established in 1989 is a pioneering name in health and wellness solutions, dedicated to offering products that merge wellbeing with innovation. We are India’s preventive healthcare company committed to offer quality products and services to enhance the consumer well-being. Aayush Wellness continues to lead the industry in promoting healthier lifestyle choices through its diverse range of wellness products and services. For more information, please visit www.aayushwellness.com

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New Delhi [India], May 7: In an industry dominated by fast fashion, Offmint is carving a unique path by blending sustainability with style. Founded in January 2024 by Rani Ahluwalia and Ashutosh Roy, Offmint is a unisex, multi-category fashion brand that challenges conventional norms with an eco-friendly approach. Each order comes with a subtle yet impactful gesture—a seed-embedded pen—encouraging customers to participate in environmental conservation with every purchase.

58-year-old, Rani Ahluwalia, a London-based entrepreneur and renowned interior designer, is the co-founder and Managing Director of Offmint. Her journey with the brand began in an unexpected yet serendipitous manner.

While watching Ashutosh Roy pitch another venture on Shark Tank India, Rani was captivated by his enthusiasm, vision, and entrepreneurial spirit. Recognizing a synergy in their values, she joined forces with him to lay the foundation of Offmint.

Beyond her role at Offmint, Rani is the Founder and Creative Director of Key Interior and Designs, a luxury interior design studio specializing in bespoke residential and hospitality spaces. With over two decades of experience, she has transformed elite properties worldwide, from high-end residences in Hyde Park to prestigious hotels for brands like Marriott, Hilton, and IHG Hotels & Resorts.

Rani’s business acumen extends far beyond interior design. She has a keen eye for ventures that challenge industry norms and drive meaningful change. The moment she encountered Offmint, she saw its potential—not just as a fashion brand, but as a movement poised to redefine the future of ethical fashion.

“I have always believed that design—whether in fashion or interiors—should create something meaningful and lasting. Offmint isn’t just another clothing brand; it’s a statement about the direction fashion needs to take,” says Rani Ahluwalia.

Offmint’s rise to prominence was further amplified when it made history on Shark Tank India. The brand’s pitch stood out, not just for its sustainability-driven business model but also for its compelling backstory. In a first for the show, a founder returned for a second chance, demonstrating Offmint’s resilience and growth.

The pitch, requesting just Rs. 10 in exchange for equity, stunned the investors and resulted in an unprecedented all-5 sharks deal—one of the most talked-about moments of the season.

Offmint’s presence on Shark Tank India was more than a funding opportunity—it was a statement about the growing demand for ethical fashion. Consumers today are increasingly aware of the environmental impact of their choices, and Offmint is at the forefront of offering stylish yet sustainable alternatives.

What truly differentiates Offmint is its innovative approach to eCommerce and digital integration. Unlike traditional fast-fashion brands that focus on mass production, Offmint leverages technology to streamline operations, minimize waste, and enhance the shopping experience.

From apparel to accessories, every Offmint product is designed with a dual focus on aesthetics and sustainability. The brand’s signature seed-embedded pens serve as a continuous reminder of its commitment to the environment, reinforcing the idea that every purchase contributes to a greener planet.

“Sustainability should not be an afterthought in fashion—it should be the foundation. With Rani’s support and vision, Offmint is determined to change that mindset,” says Ashutosh Roy.

Rani’s role at Offmint extends far beyond investment. As Managing Director and an active partner, she plays a crucial role in shaping the brand’s identity, ensuring that its sustainability ethos is embedded in every facet of its operations. From design and production to marketing and strategic expansion, her expertise is instrumental in guiding Offmint’s journey.

Offmint is set to make its mark in one of the world’s most dynamic and globally recognized cities—Dubai.

This expansion aligns with the brand’s vision to bring sustainable fashion to a larger international audience. Additionally, Offmint will be a key player in the upcoming New India Fashion Week, further establishing its presence in the Indian fashion industry. Surat, a hub for textiles and innovation, will also play a significant role in Offmint’s journey as the brand continues to evolve.

Apart from revolutionizing fashion, Offmint maintains a niche in residential projects, always striving for the ‘wow factor’ in every endeavor. Whether it’s clothing or interiors, the focus remains on delivering designs that are both striking and comfortable.

Comfort and durability and affordability are at the heart of Offmint’s ethos. The brand’s core values ensure that fashion remains accessible without compromising on quality. Offmint introduces new lines every week to keep up with evolving trends, with its latest offerings including acid-wash T-shirts and highly competitive, ultra-comfortable denim.

“Investing in Offmint wasn’t just about fashion; it was about supporting a movement that inspires resilience and innovation,” Rani reflects.

With Offmint gaining traction in India and making strides on the global stage, it is more than just a fashion label—it is a movement reshaping how the world approaches responsible fashion. Under the leadership of visionaries like Rani Ahluwalia, Offmint is set to redefine industry standards and prove that style and sustainability can go hand in hand.

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Mumbai (Maharashtra) [India], May 5: In a market flooded with empty promises and sugary gimmicks, Dr. Deepika Krishna, India’s trailblazing strategic health coach and doctor-led wellness visionary, is rewriting the rules of nutrition once again — this time, with the launch of Immunosciences Pure Plant Protein: a clean, conscious, and cutting-edge formulation designed for the modern multitasker.

Rooted in science and elevated by nature, Immunosciences is not just another plant protein—it’s a doctor-formulated ritual of nourishment for the body, mind, and skin. Chocolate-flavoured and 100% vegan, this holistic blend is crafted from a potent protein trio—pea, Brown Rice, and Pumpkin Seed—delivering lean muscle support, elevated energy, and radiant skin health in every scoop.

What sets Immunosciences apart is its integrity. It’s more than a supplement — it’s a wellness statement. Zero sugar. Soy-free. Gluten-free. Non-bloating. Clean to the core. Designed for high-functioning millennials and wellness-first achievers, this product is ideal for those who want to fuel their performance without compromising their health or values.

Enriched with a Beauty Complex featuring Biotin and Silica, it helps promote vibrant, glowing skin, healthy hair, and strong nails from within, making it a favourite for those who care as much about their skin as their stamina. Immunosciences include powerful antioxidant support from Rosemary and Grape Seed extracts, known to combat oxidative stress and promote longevity. A comprehensive vitamin and mineral boost — featuring a curated blend of B-Vitamins, Vitamin C, D3, E, Zinc, Selenium, and Iron — fuels sustained energy, strengthens immunity, and supports total body wellness, especially for high-functioning individuals with demanding schedules.

Immunosciences fits effortlessly into every lifestyle. Whether it’s first thing in the morning to jumpstart your metabolism, pre- or post-workout for optimal recovery, between meals to crush cravings without guilt, or even at bedtime to nourish overnight cellular repair.

Mix one scoop (approximately 30g) with 200–250 ml of water, dairy, or a plant-based milk alternative for a creamy, delicious shake. Blend it into oatmeal, smoothies, or overnight oats for a protein-rich breakfast. Or get creative and bake it into desserts like brownies, bliss balls, or pudding for indulgence without compromise.

The health benefits of Immunosciences reach far beyond the surface. It supports muscle maintenance, delivers clean, sustained energy, provides cellular-level antioxidant protection, and boosts digestive health with its non-bloating, gut-friendly formulation. The inclusion of Biotin and other key micronutrients enhances skin, hair, and nail health, while plant-powered components may also support heart health and overall immune resilience.

Dr. Deepika Krishna says, ” True nourishment isn’t just about hitting protein goals — it’s about aligning nutrition with your body’s bio-intelligence. Immunosciences is my response to everything the wellness industry got wrong — clean, conscious, and clinically sound. It’s not a trend. It’s a transformation”, Dr Deepika Krishna, Founder, Immunosciences & L&B Clinics

With Immunosciences Plant Protein, Dr. Deepika Krishna delivers on her mission to empower high-achieving individuals with transparent, intentional, and truly transformative wellness solutions.

Welcome to the future of mindful nutrition — where every scoop is science-backed, skin-loving, and strength-boosting.

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New Delhi [India], May 6: Plumbex India 2025 at Bharat Mandapam, New Delhi, saw transformative announcements poised to reshape India’s approach to urban water challenges, with a focus on scalable solutions for the built environment. The launch of a futuristic whitepaper and a strategic partnership underscored the event’s role as a catalyst for sustainable development.

As India continues to grapple with severe water stress affecting nearly 40% of its population, Plumbex India 2025 at Bharat Mandapam, New Delhi, amplified its focus on scalable, technology-driven solutions to address urban water scarcity. Building on the inaugural day’s momentum, the event reinforced its role as India’s foremost platform for fostering collaboration, innovation, and actionable strategies in water management.

Plumbex India 2025 is supported by the Ministry of Jal Shakti, Government of India, and the AMRUT 2.0 Mission (Atal Mission for Rejuvenation and Urban Transformation), Ministry of Housing and Urban Affairs, in recognition of its efforts to advance sustainable water stewardship.

Organized by the Indian Plumbing Association (IPA), the day convened policymakers, global experts, and industry leaders to drive forward critical dialogues and partnerships. Sh. Gurmit Singh Arora, National President of the Indian Plumbing Association, emphasized the urgency of collective action: “Water audits and reuse frameworks are no longer optional—they are imperative for India’s survival. Through collaborations like today’s MoU and the IPA-JLL Whitepaper, we are equipping stakeholders with tools to bridge the demand-supply gap and build climate-resilient cities.”

Key Resource Launches and Collaborations

The day witnessed landmark announcements aimed at accelerating India’s water security goals:

1. IPA-JLL Whitepaper on “Best Practices in Water Management”:
   This collaborative report, unveiled by the Indian Plumbing Association and JLL, showcases actionable strategies from India’s leading commercial and residential facilities. It highlights how AI-driven resource optimization, smart water networks, and greywater recycling have driven measurable gains in efficiency (up to 40%), cost savings (20–30%), and environmental sustainability. The whitepaper aligns with global benchmarks like LEED and GRIHA, offering a roadmap for compliance with India’s evolving regulatory mandates.
2. IPA-CEEW Strategic MoU:
   A Memorandum of Understanding between the IPA and the Council on Energy, Environment and Water (CEEW) was signed to advance urban water resilience. The partnership will focus on:
   • Implementing city-level treated wastewater reuse plans and reducing non-revenue water losses.
   • Conducting water audits for municipal bodies, real estate developers, and industrial complexes.
   • Developing policy frameworks and knowledge products to mainstream circular water practices.

Symposium Spotlight: Addressing Urban Water Scarcity

 “The Role of Water Audits and Reuse in Addressing Urban Water Scarcity”
This pivotal session explored actionable solutions for India’s growing urban water stress. Moderated by Nitin Bassi (Program Lead, CEEW), the panel featured insights from:

• Mr. G Ashok Kumar (IAS), Former, Director General of National Mission for Clean Ganga(NMCG), Ministry of Jal Shakti, Government of India
• Mr. Ajit Pai, Chairman, Urban Arts Commission
• Mr.  Sumouleendra Ghosh, Partner and Global Lead – Water Sector, Government and Public Services, KPMG (India)
• Mr. Avinash Mishra, Chairman, Water Audit Council & Former Adviser, NITI Aayog
• Mr. Gurmit Singh Arora, National President, Indian Plumbing Association (IPA)
• Mr. Sumouleendra Ghosh, Partner and Global Lead – Water Sector, KPMG (India)
• Ms. Saiba Gupta, Programme Associate, Council on Energy, Environment and Water (CEEW)

Key Recommendations:

• Mandate water audits for large-scale urban projects to identify inefficiencies and leakage hotspots.
• Scale AI-driven leak detection systems, which can reduce non-revenue water by 25%.
• Incentivize greywater recycling and treated wastewater reuse in residential and commercial complexes.

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Rajkot (Gujarat) [India], May 6:  Aditya Ultra Steel Ltd (NSE – AUSL) – Leading company engaged in the business of manufacturing rolled steel products i.e. TMT bars under the brand name ‘Kamdhenu’ in a bold stride toward sustainability and self-reliance has announced a significant investment in renewable energy a 5,000 KWP Solar Captive Power Plant aimed at powering its operations with clean, green energy. The company was listed on the NSE –SME exchange on 16^th September 2024.

The company is installing a solar power plant with a capacity of 5,000 KWP at Jasdan, Rajkot, aimed at significantly meeting the company’s energy needs while enhancing sustainability and reducing exposure to electricity price fluctuations, investing Rs. 15.35 crore. The new solar project isn’t just a power solution, it’s a commitment. Located at Block/Survey Nos. 105, 106 P-1, 108 & 109 in Village Kundani, Sub-District Jasdan, Rajkot District, the plant will supply sustainable energy directly to the company’s manufacturing facility at Survey No. 48, Wankarner Boudry, Bhalgam, National Highway 8-A, Wankaner, Rajkot.

This move comes as part of the company’s strategy to reduce its carbon footprint, optimize energy costs and future-proof operations in line with global climate goals. Once operational, the plant is expected to significantly reduce reliance on grid power making the production of steel bars not just strong, but sustainable.

“Steel may be the backbone of modern infrastructure, but clean energy is the future. With this project, we’re building both,” said a company spokesperson. “This marks a new chapter for Aditya Ultra Steel where industrial strength meets environmental responsibility.”

At the Board of Directors meeting held on Tuesday, April 29, 2025, the Company formally approved the decision to lease the land for this project from KPI Green Energy Ltd., a recognised leader in solar energy infrastructure. The solar initiative underscores Aditya Ultra Steel’s broader vision: to lead not only in manufacturing excellence but also in climate-conscious industrial practices. Any major developments regarding the solar plant’s installation, commissioning, or impact on production will be shared with stock exchanges as per regulatory norms.

Key Highlights

• The plant is located in Village Kundani and will directly supply clean energy to the Wankaner manufacturing unit.
• This initiative aims to cut carbon emissions, reduce energy costs, and align with global climate goals.
• CRISIL recently assigned BBB/Stable for Long Term Rating and CRISIL A3+ for Short Term
• For FY24, company reported Revenue of Rs. 587.80 crore, EBITDA of Rs. 18.81 crore and PAT of Rs. 7.69 crore

Incorporated in 2011, Aditya Ultra Steel Ltd manufactures rolled steel products, i.e. TMT bars, under the brand name “Kamdhenu”.The company manufactures TMT bars from billets in a reheating furnace and a rolling mill, mainly catering to the construction industry and infrastructure development. The company’s manufacturing facility is located in Wankaner, Gujarat and has a production capacity of 1,08,000 MT for TMT bars.

In September 2024, the company successfully completed its Rs. 45.88 crore public issue on the NSE – SME exchange to fund its expansion plans, including meeting working capital requirements and general corporate purposes. In the six months of FY 2024-25, the company continued its trajectory of robust growth, reporting significant improvement across key financial metrics. The company reported Revenue of Rs. 312.39 crore, EBITDA of Rs. 10.50 crore and reported net profit of Rs. 5.20 crore for the H1FY25. For the full year ended March 2024, the company had reported revenue of Rs. 587.80 crore, EBITDA of Rs. 18.81 crore and Net Profit of Rs. 7.69 crore, respectively.

Company has been assigned a credit rating of CRISIL BBB/Stable for Long Term Rating and CRISIL A3+ for Short Term Rating from CRISIL Ratings Limited. This rating reflects the company’s financial stability, operational performance, and overall creditworthiness. It highlights company’s ability to meet its financial obligations and serves as an important indicator of its financial health for investors and stakeholders. The upgraded or maintained rating is expected to facilitate better access to financing and more favourable terms in the capital markets.

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