Tag: Business

Lucknow (Uttar Pradesh) [India], December 18: Precision Grow (A Unit of Tech Visit IT Pvt Ltd) announces its participation with the revolutionary IoT device ‘eCrop’ in the highly anticipated Uttar Pradesh AGRO Pradarshani 2024, organized by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Proudly serving as the Technology Partner of the event, Precision Grow is committed to driving innovation and modernization in India’s agricultural landscape.

The eCrop device will be officially launched by Shri Brajesh Pathak, Hon’ble Deputy Chief Minister of Uttar Pradesh.

Bhimji Patni, Director of Tech Visit IT Pvt Ltd, had the honor of welcoming Shri Brajesh Pathak, setting the stage for the launch of this revolutionary technology at the event.

Empowering Agriculture Through Precision and Innovation

As agriculture continues to be a cornerstone of India’s economy, Precision Grow is dedicated to transforming traditional farming practices with advanced precision farming technologies and innovative tools. By bridging the gap between technology and agriculture, the company seeks to empower farmers, entrepreneurs, and stakeholders to achieve higher productivity, sustainability, and economic growth.

Key Highlights of the Event

• Focus Areas: AGRO Trade, AGRO Financing, Sustainability, Value Chains, Technical Innovation, and more.
• Exhibitor Profile: Precision Grow will display its expertise in Artificial Intelligence in Farming, Precise Use of Fertilizers, Weather Prediction, Pest and Disease Management, Satellite Monitoring, which align with the event’s mission of modernizing agriculture.

Precision Grow: Your Trusted Technology Partner

As the official Technology Partner of Uttar Pradesh AGRO Pradarshani, Precision Grow will showcase:

• AI-powered tools to help farmers monitor crops, soil, and water usage in real-time.
• Accurate soil analysis of the field to make optimum use of fertilizers.
• Innovative solutions for sustainable farming practices and hybrid farming techniques.
• Timely weather forecasting to protect farmers from losses.
• Early Pest and Disease detection to ensure the healthy growth of the crop.

About Uttar Pradesh AGRO Pradarshani

The event, held from 18-20 December 2024 at the Indira Gandhi Pratishthan, Lucknow, aims to:

• Serve as a national platform for stakeholders in the agricultural sector to network and exchange ideas.
• Showcase the latest advancements in agricultural technology, infrastructure, and sustainable farming.
• Promote agro-entrepreneurship, technological adoption, and investment opportunities to boost Uttar Pradesh’s journey towards becoming a trillion-dollar economy.

Why Visit the Precision Grow Pavilion?

• Discover how technology-driven solutions can revolutionize your farming practices.
• Learn about sustainable farming methods to improve productivity and profitability.
• Engage with experts to understand how Precision Grow can help farmers transition into high-value agricultural commodities like horticulture, floriculture, and hydroponics.

Join Us at Uttar Pradesh AGRO Pradarshani

We invite you to explore the future of farming with Precision Grow at the Uttar Pradesh AGRO Pradarshani from 18-20 December 2024. Let’s work together to shape a sustainable and prosperous agricultural sector in India.

For more information, visit our website at www.precisiongrow.co.in or contact us at Mail@precisiongrow.co.in

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New Delhi [India], December 18: AS-IT-IS Nutrition, one of India’s fastest-growing sports nutrition brands, has unveiled its latest campaign for the ATOM range of products, featuring Ravindra Jadeja, the world’s best all-rounder. The campaign, centered around the inspiring theme “Legends paida nahi hote, mehnat se banaye jaate hain”, celebrates relentless effort and perseverance as the pathway to greatness. The ATOM range by AS-IT-IS Nutrition is designed to meet the demands of high-performing athletes and fitness enthusiasts, offering products that combine authenticity with cutting-edge innovation.

AS-IT-IS Nutrition, currently India’s 3rd largest sports nutrition player, is on a strong growth trajectory. The brand is expected to close 2025 with Rs. 300 crore GMV, and with its consistent efforts in delivering quality, is poised to achieve Rs. 1,000 crore GMV in the next 3-4 years.

Expressing his pride in associating with the brand, Ravindra Jadeja said, “I believe greatness comes from consistent hard work, discipline, and never giving up on your dreams. AS-IT-IS Nutrition shares the same passion for excellence, and their ATOM range reflects that commitment. I am proud to be part of this campaign, encouraging everyone to strive for their best.”

Speaking on the brand’s growth, Arvind Jain, Co-Founder, AS-IT-IS Nutrition, said, “Our journey from being a homegrown brand to becoming India’s 3rd largest sports nutrition player reflects our commitment to quality, authenticity, and innovation. Collaborating with Ravindra Jadeja for the ATOM range adds another feather to our cap as we inspire a nation to aim higher and achieve more.”

Himmath Jain, Co-Founder, AS-IT-IS Nutrition, shared, “AS-IT-IS Nutrition has always believed in empowering athletes and fitness enthusiasts with superior products. The ATOM range embodies our commitment to excellence, just as Ravindra Jadeja epitomizes the spirit of hard work and perseverance. With the incredible response to our products, we’re confident in achieving our vision of Rs. 1,000 crore GMV in the near future.”

Pawan Jain, Director, AS-IT-IS Nutrition, added, “Our growth journey is a testament to the trust our customers have placed in us. With the ATOM range and this powerful campaign, we aim to inspire not just fitness enthusiasts but anyone striving for greatness. Ravindra Jadeja’s association reinforces our belief that consistent effort and high standards lead to extraordinary achievements.”

• Campaign Video Instagram Link: https://www.instagram.com/reel/DDeUpAEz0t_/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
• Campaign Video Youtube Link: 
• https://www.youtube.com/watch?v=ddr7GsOmMRo
• For further information, visit: https://asitisnutrition.com

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Bhubaneswar (Odisha) [India],December 17:Beneficiation has become a cornerstone of modern mining, particularly in the iron and steel industry. This critical process involves improving the quality of raw iron ore by removing impurities and enriching its iron content, making it suitable for steel production. With the government now working on policies to promote the beneficiation of low-grade iron ore, the industry is set to witness a transformative shift. This initiative will enable the use of previously underutilized resources, paving the way for sustainable growth and reduced dependence on high-grade imports.

For years, low-grade iron ore, with its limited iron content, was considered inefficient for steel manufacturing. However, advancements in technology and a renewed focus on sustainable mining have changed this perspective. The government’s push to formalize beneficiation policies will not only maximize resource utilization but also create new opportunities for the domestic steel sector, which is vital for India’s infrastructure growth.

Sree Metaliks Limited has long recognized the importance of beneficiation in mining and has been a leader in adopting best practices. With cutting-edge technology and a focus on sustainability, the company has successfully transformed low-grade iron ore into high-quality products such as pellets, TMT bars, sponge iron, and pig iron. By optimizing its processes, Sree Metaliks ensures that every resource from its mines is used efficiently, reducing waste and enhancing output quality.

Kaustubh Agarwal, Director of Sree Metaliks, highlights the significance of this approach:
“The beneficiation of low-grade iron ore is essential for sustainable growth in the steel industry. At Sree Metaliks, we have implemented these practices to not only improve resource efficiency but also to contribute to the nation’s steel production goals. This aligns perfectly with the government’s vision of maximizing resource utilization while minimizing environmental impact.”

Sree Metaliks has set a benchmark in the industry by demonstrating how beneficiation can bridge the gap between raw materials and market demands. Its operations, from mining in Odisha to delivering high-quality products, embody the principle of transforming natural resources into value-driven outputs.

As the industry awaits the finalization of government policies, Sree Metaliks continues to lead by example, showcasing the potential of beneficiation to drive sustainable development. By staying ahead of the curve, the company is not only addressing the current challenges of resource utilization but also setting a strong foundation for the future of mining and steel production in India.

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Ahmedabad (Gujarat) [India], December 17:  Maruti Infrastructure Limited, a leading infrastructure and construction company headquartered in Ahmedabad, has announced its collaboration with Meinhardt Group, Asia’s largest privately-owned global planning, design, engineering, project and construction management firm.

This partnership marks a significant milestone for Maruti Infrastructure as it sets the stage for delivering innovative and comprehensive solutions for diverse projects, including buildings, industrial developments, infrastructure, and sports and recreation facilities.

Meinhardt Group, with a legacy spanning 69 years, operates across 91 offices worldwide with over 6,000 professionals. Meinhardt has successfully implemented diverse projects across sectors such as infrastructure, highways, aviation, metro, industrial facilities, data centres and urban planning in India. Its services cover the entire project lifecycle, from feasibility studies to conceptual and detailed design, bid process management, procurement, and project management.

Highlights:

• The company recently completed 2,400 housing units under the Pradhan Mantri Awas Yojana (PMAY) in Ahmedabad.
• The company plans to bid for new tenders worth approximately Rs. 200 crores over 3-4 years.

Speaking about this strategic partnership, Nimesh Patel, Chairman & Managing Director of Maruti Infrastructure Limited, said, “This collaboration with Meinhardt Group showcases our commitment to excellence in infrastructure development. We aim to redefine project delivery standards and contribute meaningfully to India’s urban and industrial growth story by combining Meinhardt’s global expertise with our deep understanding of local needs. We are confident this partnership will open new opportunities for us, both within Gujarat and across India.”

Founded in 1994, Maruti Infrastructure is a leading infrastructure and construction company in Ahmedabad and its surrounding areas, specialising in EWS housing projects and urban infrastructure. The company has completed over 40 projects, with projects spanning 12.72 lakh sq ft slated for completion within two years. The company recently completed 2,400 housing units under the Pradhan Mantri Awas Yojana (PMAY) in Ahmedabad, with plans to deliver 1,000 more units in the near future. It also plans to bid for new tenders worth approximately Rs. 200 crores over 3-4 years.

The strategic collaboration with Meinhardt Group is expected to bring best-in-class engineering and project management practices to Maruti Infrastructure’s portfolio, enabling the delivery of high-quality infrastructure projects. The collaboration is currently at the Expression of Interest stage, with the definitive agreement under discussion.

About Maruti Infrastructure Limited:

Maruti Infrastructure Limited (MIL) is a trusted name in Ahmedabad’s construction sector, specialising in infrastructure projects, residential and commercial developments, and property management. With over 40 completed projects and several ongoing developments, MIL is a registered “A” class contractor with the Gujarat Government’s Roads and Buildings Department and Ahmedabad Municipal Corporation.

About Meinhardt:

Meinhardt is a premier independent engineering consultancy in Asia, boasting a global presence with 61+ global offices and a team of 6,000+ staff across the world. With a storied history spanning 69 years, Meinhardt has undertaken a wide range of projects across India in multiple sectors in the last few years and their services encompass the project life cycle from feasibility study to Basic & Detailed design, bid process management, Procurement and project management in various sectors like Infrastructure & Master Planning, Roads, Highways & Bridges, Aviation, Metros and railways, Industrial (Semiconductor & EMS Plants, F&B, FMCG, Minerals & Metals, Iron & Steel plants etc.), Buildings, Data Centres, etc.

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Jaipur (Rajasthan) [India], December 17: Holani Venture Capital Fund reports a notable Net Asset Value (NAV) of Rs.157.62 per unit on 30th November 2024, which is underscoring its robust investment strategy and commitment to value creation. This substantial growth not only reflects their well-calibrated investment strategies but also signifies their unwavering dedication to delivering sustainable returns and long-term growth for their investors.

Holani Venture Capital Fund, a Category I Alternative Investment Fund (AIF) with an initial corpus of ₹ 300 crore and an optional extension of ₹ 100, actively invests in SMEs. Over the past 6 months, the fund has diversified its portfolio through anchor investments, early-stage investments in unlisted companies, and significant participation in IPOs, allowing it to build a balanced portfolio to the evolving Indian market. Focusing majorly on the vibrant SME Initial Public Offering (IPO) market in India, Holani Venture Capital Fund notes the increasing trend of SMEs going public, driven by the growth potential and investment opportunities these companies present.

The market benchmark Nifty50 closed trading session at 24,141.95 on July 01, 2024, the month HVCF commenced operations of its AIF. On Dec 06, 2024, Nifty 50 closed trading day at 24,677.80 levels. This translates in to a total gain of 2.22% for the entire time-period this venture fund exists. For the same time-period, the benchmark representing top 100 listed companies from Medium Enterprises – Nifty Midcap 100 – gave a return of 4.28% and that for small enterprises universe – Nifty Smallcap 100 – has given a return of 4.83%.

Key factors behind growth of the Fund

To build and sustain investor trust, the Fund had its clear focus on transparent communication and investor-centric strategies. This emphasis on keeping the stakeholders informed and engaged amplified the value for stakeholders. For the investors, beyond enhanced financial returns, the HVCF growth meant resilience and adaptability of the investment approach.

Strategic Asset Allocation has been a key factor in the Fund’s success. The well-diversified portfolio helped it capitalise on high-growth opportunities. To maximise returns, nearly 52% of the Fund allocation was in the Heating, Ventilation and Air-Conditioning (HVAC) sector, currently riding rapid growth fuelled by urbanisation and mounting demand for energy-efficient solutions.

Another significant game-changer for HVCF was its market positioning, meticulous analysis and timely decision-making. This strategy was critical to help the Fund judiciously navigate high market fluctuations to maximise returns on investment windows. Renewable energy, technology, manufacturing and logistics were key components of the HVCF portfolio, propelling it to push sustainable development and innovation.

Future Strategy and Outlook

Looking forward, Holani Venture capital Fund is preparing to stay ahead of changing market trends and take advantage of new opportunities. The broad plans include expanding into Growing Markets which exhibit strong potential for growth, Sustainability and ESG Focus to keep up with global trends and meet the investor’s expectations and using Technology to improve the decision-making and boosting the performance of the investments.

Asserting the exceptional performance, Ashok Holani says “The strong NAV performance is a stepping stone toward our continued journey of growth, innovation, and exceptional value delivery. We are confident that our proven strategy and experienced team will keep Holani Venture Capital Fund at the forefront of the industry, navigating challenges and seizing opportunities for the benefit of our investors.”

Disclaimer

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

 

Ahmedabad (Gujarat) [India], December 17: Jindal Worldwide, a leader in textile industry, announced on Monday that its Board of Directors will meet on January 7 to consider issuance of bonus shares.

“A meeting of the Board of Directors of the company will take place on January 7 to consider a proposal for issue of bonus equity shares to equity shareholders of the company,” Jindal Worldwide side in stock exchange filings.

The Board will also consider and approve an increase in the company’s authorised equity share capital to accommodate the issue of bonus shares the same day, it said further.

Jindal Worldwide also announced that the trading window for dealing in its securities will remain closed for “designated personnel” from December 15 until 48 hours of the public announcement of the board meeting’s outcome. The closure complies with Jindal Worldwide’s Code of Conduct for Prevention of Insider Trading and pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

• Shares surged by 10.50% to close at Rs. 426.80 on the BSE on Monday. The company’s market cap stood at Rs. 8,558.2 crore.

• Its consolidated net profit for the quarter ended September 2024 rose by 36% to Rs. 17.33 crore while revenue from operations was up by 45.6% to Rs. 570.80 crore.

Following the announcement, Jindal Worldwide’s shares surged by 10.50% to close at Rs. 426.80 on the BSE on Monday. The company’s market cap stood at Rs. 8,558.2 crore.

The company recently announced robust numbers for the second quarter of financial year 2024-25. Its consolidated net profit for the quarter ended September 2024 rose by 36% to Rs. 17.33 crore while revenue from operations was up by 45.6% to Rs. 570.80 crore. Profit before tax (PBT) grew by 45% to Rs. 23.59 crore, and EBITDA surged by 38.3% to Rs. 48.4 crore.

Jindal Worldwide is a diversified and integrated textile fabrics and shirting manufacturer and one of the world’s largest denim fabric manufacturers. The company is also diversifying into new high-growth business opportunities, beginning with a venture in two-wheeler electronic vehicles.

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New Delhi [India], December 16: Innovation is the pivot around which progress revolves, and Ajay Hinduja has remained an unwavering campaigner for the use of science and technology as a means of empowering the patient and redefining brain wellness. As a member of the Hinduja Group Promoter Family, his vision has steered MindMaze to the point at which it is on its way to becoming a global pioneer in neurotechnology. Founded in 2012, the organization has already changed the face of neurorehabilitation with a completely new focus: harnessing human potential via radical innovations.

A Vision Rooted in Purpose

Ajay Hinduja envisions a world in which human and technological needs are fused to enable and facilitate recovery, learning, and adaptation. At the heart of MindMaze’s mission, however, is the promise of enhancing humanity’s ability to cope with neurological challenges: from the cognitive and physical effects of aging to offering solutions for severe pathologies like Alzheimer’s disease, stroke, and Parkinson’s disease, MindMaze is breaking the frontiers of neuroscience.

“MindMaze is not just about technology—it’s about unlocking human potential,” Ajay Hinduja says. This philosophy underscores the company’s approach of bridging science and innovation to deliver meaningful change for patients and their caregivers.

Transforming Neurorehabilitation

MindMaze has been able to transform the conventional neurorehabilitation paradigms in the most successful ways. It incorporates the latest advancements in digital therapeutics into a game-based approach, thereby allowing a patient to undergo the rehabilitation process. MindMaze has brought neuroscience principles like experience-dependent plasticity to life by developing experience-high-dose and high-intensity behavioral experiences that allow the brain to adapt and relearn through incursions.

Such an in-house-built AI engine will change the entire game. Motion capture, haptics, bio-sensing, and electrical stimulation go hand in hand with personalized care plans that make rehabilitation a huge engaging experience and yet very effective in empowering patients to regain motor and cognitive functions with the greatest possible accuracy and efficiency.

A Universal Platform for Brain Health

MindMaze’s technology is more than just a set of therapeutic tools. The company is building a universal platform for brain health that leverages motion analytics, artificial intelligence, and cloud technologies. With such integrated systems, healthcare delivery is also precise, objective, and scalable.

These solutions have made a concrete impact now in many hospitals around the world. People living with brain disorders-from dementia to traumatic brain injuries-are realizing rewarding results. MindMaze’s innovations don’t just facilitate recovery but also help most patients regain their independence and confidence, significantly improving their quality of life.

Beyond Healthcare: Enabling Everyday Applications

Ajay Hinduja envisioned MindMaze beyond conventional health settings, and MindMaze Labs-their research and development division-would be translating neuroscience into real-life applications for everyday living. It is thus progressing into human-machine interfaces that MindMaze is enabling for early interaction with advanced technology promises innovations across industries as disparate as education, entertainment, and workplace productivity.

This approach reflects a broader aspiration to integrate neuroscience into daily life seamlessly. According to Ajay Hinduja, “We envision a world where cutting-edge neuroscience fosters a healthier, more adaptive humanity.”

Looking Ahead: A Legacy of Innovation

As MindMaze continues to expand its reach and capabilities, Ajay Hinduja remains steadfast in his commitment to innovation. The company’s vision aligns with the broader goals of the Hinduja Group, emphasizing sustainable, impactful advancements that improve lives. Currently, MindMaze technology is used in over 130 world-class medical facilities. Through a fully owned subsidiary, MindMaze India, it is implemented in over a dozen Indian institutions, including the premier government hospital AIIMS in New Delhi and Hinduja Hospital in Mumbai.

Under the guidance of Ajay Hinduja, MindMaze is not merely advancing technology; it is redefining how humanity approaches brain health and recovery. By unlocking the potential of neuroscience and blending it with cutting-edge innovations, the company is empowering individuals to overcome limitations and embrace new possibilities. In doing so, MindMaze is shaping a future where science, technology, and humanity converge to achieve extraordinary outcomes.

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Mumbai (Maharashtra) [India], December 16: Mumbai-based Bharat Agri Fert & Realty Ltd Limited (BHARATAGRI) (BSE — 531862) provides updates on the Expansion of the company’s Hospitality division:

Bharat’s Hospitality Division: – Currently operates ANCHAVIYO Resort:

• 80 luxurious rooms
• Two high-end restaurants
• Banquet hall
• Comprehensive recreational amenities, including:
  • Spa, gymnasium, and two swimming pools
  • ATV biking, kayaking, paddle boating, and cycling track
  • Dining on a raft, outdoor cinema, and various indoor and outdoor games

Key Highlights of Expansion Plans:

• 130 additional rooms
• A 10,000 sq. ft. restaurant
• A sports bar with a bowling alley and arcade games
• A state-of-the-art terrace spa
• A unique island pool
• A 10,000 sq. ft. banquet hall
• A 28,000 sq. ft. open-air mandap in an amphitheatre format
• An employee colony

Estimated Cost & Completion:

The total cost of this expansion is estimated at Rs. 85 Crores, with a targeted completion date of March 2026.

Funding and Financial Support from Government of India and MTDC:

• 25 Crores funding has been secured from NKGSB Bank with an additional Rs. 32.5 Crores expected from other banking partners by December 2024.

Financial Support include fiscal and non-fiscal benefits such as:

• 25% capital subsidy for the project
• Lower energy tariffs from MSEDCL
• Exemption of electricity duty, GST reimbursements, and stamp duty
• 50 lakhs interest subsidy on term loans
• Industrial status benefits

India’s wedding economy:

India’s wedding industry is estimated to have grown to $130 billion, second only to food and groceries in terms of consumption, thus driving a huge economic boom, according to a Brokerage report. India hosts approximately 80 lakh to one crore weddings annually, making it perhaps the largest such wedding destination worldwide, bigger than China and the US. The trend of destination weddings has grown significantly, rising from 18% in 2022 to 21% in 2023 and 26% in 2024. The ongoing wedding season in India is likely to generate business worth nearly Rs 6 lakh crore across around 48 lakh weddings in comparison to Rs 4.25 lakh crore business generated in 35 lakh weddings last year, said traders’ body Confederation of All India Traders (CAIT).

Revenue Projections:

Upon completion of the expansion, the company project’s annual revenues of Rs. 111 Crores by FY 2026-27, assuming an occupancy rate of 65-75%.

About Bharat Agri Fert & Realty Limited (BAFRL)

Bharat Agri Fert & Realty Limited, established in 1962, 1s a pioneering Indian company, initially recognized for being the first to manufacture NPK fertilizers through “Project Finance” from NRI investors. With three key business verticals — Fertilizers, Realty, and Hospitality — the company is strategically navigating challenges and pursuing growth opportunities.

Bharat’s Fertilizer Division:

BAFRL has successfully entered into a strategic Leave and License cum Fixed Conversion Charges Agreement dated 8th October, 2024 for its SSP /GSSP fertilizer unit located at Wada, District Palghar, Maharashtra with Araglass Products Private Limited (Araglass).

This agreement has been executed subject to the approval of the Department of Fertilizers (DOF), for which the application has already been submitted. The arrangement is structured for an initial term of three years, with the option to extend for an additional three years, effective from the date of DOF approval.

Earlier because of the Fertilizer division BAFRL’s profitability was impacted but after above agreement the Fertilizer division will be profitable from current Q3 quarter onwards resulting in a complete Turnaround of the company. This will also lead to generation of substantial Cash Flows.

Bharat’s Hospitality Division:

The Hospitality vertical features Anchaviyo Resort, set to double its room capacity in Phase 1 and expand further in Phase 2, aligning with the national initiative of “WED IN INDIA.” Additionally, a joint venture with a prominent hotel chain is on the horizon, reflecting the company’s commitment to innovation and market expansion.

Bharat’s Realty Division:

BAFRL has launched its iconic high rise prestigious tower namely Wembely-24 (G+60 Floor) with regulatory approval upto 35 floors, tallest in Majiwada, Thane to offer 457 BHK Residential Flats of 2/3 BHK. The Plinth work has been successfully completed. The total realisations from the Majiwada Project, comprising 457 flats, will be approximately Rs. 800 Crore in the next 4 years on a pro-rata basis out of which cost of Project will be approximately Rs. 300 Crore since the land is owned by company.

BAFRL is excited to announce that we have entered into a marketing partnership with a reputable and experienced company to facilitate the sale of 200 residential flats (2/3 BHK) over the next 15 months, starting from December’ 2024. Due to this partnership the Company is likely to get realisations of Rs. 350 to 400 Crore on a pro-rata basis over the next 15 months.

The Company is planning to redevelop the Company’s existing commercial building situated at BHARAT HOUSE, 12 Nanabhai Lane, Fort area to build modern sophisticated commercial offices up to 35,000 sq. ft. RERA saleable carpet area which can generate a free cash flow of Rs.200 crs.

The Company is also planning a JV project for redevelopment of promoters residential building situated at prime location in Vile Parle (East) near Hotel Sahara Star for making 3-4 BHK luxurious residential flats in Ground +13 Floor high rise building with potential minimum revenue of Rs.175-200 Cr approximately.

Regulatory Approvals:

Town planning approval has been granted for the conversion of 52,27,200 sq. ft. of land for Non-Agricultural (NA) use. Developing its excess surplus land situated at Wada, Palghar into NA by developing area required to build Destination Wedding, Banquet Mandap, Executive Rooms & Landscape with largest Lazy pool area.

Future Development:

The promoters also own an additional 13,06,800 sq. ft. of adjacent land, which will be developed under a 99-year lease for future expansions, including a sports complex and wellness center, subject to regulatory approvals and the upcoming AGM.

Considering above high growth drivers BAFRL could generate a free cash flows between Rs. 2,000 – 2,500 crs. In next 4-5 years as against current Market Cap of Rs. 425 crs.

Commenting on the update, Mr. Yogendra D. Patel — Chairman and Managing Director of Bharat Agri Fert & Realty Limited said, “We are confident that the expansion of ANCHAVIYO Resort will not only drive long-term growth for our hospitality division but also positively impact our real estate and fertilizers sectors. This expansion will significantly contribute to the company’s revenue streams, boost brand recognition, and establish the resort as a leader in the destination wedding and corporate event sector. This marks a pivotal milestone in our growth journey, and we are committed to delivering this vision with excellence and precision.

Anchaviyo will offer tranquillity, natural beauty, and proximity to new upcoming Vadhavan port & airport. This world-class infrastructure is expected to attract business travellers and high-end yachting enthusiasts. The Vadhavan port & airport presents a tremendous opportunity. We believe Anchaviyo’s 7-star like experience, coupled with the port & airport’s convenience, will create a unique and synergistic destination.

These developments reflect our commitment to delivering value to our stakeholders while maintaining financial prudence and operational excellence. We remain focused on executing our strategic initiatives and maximizing shareholder returns in the long term.”

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New Delhi [India], December 13: Abhishek Kumar Tripathi, a name that resonates with profound values and vision, continues to inspire through his multi-faceted journey of leadership, spirituality, and community service. Born in 1984 in Kannauj, Uttar Pradesh, Abhishek’s life story reflects a unique fusion of academic brilliance, military discipline, entrepreneurial success, and a deep commitment to societal welfare. A former Indian Air Force veteran, he has seamlessly transitioned into a thriving businessman and humanitarian, embodying a rare blend of modern success with timeless spiritual values.

Academic and Military Excellence

Abhishek’s academic journey has been marked by a consistent pursuit of knowledge, earning a Bachelor of Arts, LLB, and an MBA in Material Management. His academic foundation was further enriched by over 20 years of dedicated service in the Indian Air Force, where he received numerous accolades for his leadership, commitment, and excellence. His military background has not only shaped his personal character but has also provided the discipline and strategic thinking that underpins his business endeavors today.

Founding MG Construction: A Vision for Innovation and Quality

In 2022, Abhishek took a significant step in his entrepreneurial journey by founding MG Construction and General Order Supplier. The company quickly carved a niche for itself in the construction industry in North India, particularly in residential and commercial sectors. With a focus on quality, timely delivery, and innovative designs, MG Construction has emerged as a leader in creating spaces that are both functional and sustainable. Abhishek’s vision for the company is not just about building structures, but about creating spaces that nurture comfort, productivity, and environmental consciousness, particularly in the region around Lucknow.

Abhishek’s leadership goes beyond business acumen; it reflects a commitment to enriching the lives of those who interact with his brand. His focus on designing homes that serve as peaceful retreats for families and commercial spaces that foster innovation speaks to his larger mission of creating spaces that enhance the well-being of society.

Spiritual Service and Community Engagement

While his business ventures have flourished, Abhishek has remained deeply grounded in his spiritual beliefs, which guide his every action. His life is a testament to the principles of selfless service, with a strong focus on uplifting the underprivileged and supporting causes that resonate with his spiritual values. Abhishek’s engagement with the spiritual community is evident in his efforts to support the construction and renovation of temples, ensuring that these spiritual centers remain places of peace for future generations.

Abhishek’s philanthropic efforts are not confined to religious causes alone. His commitment to social equity is reflected in his support for initiatives such as the Kanya Vivah (marriage of daughters from underprivileged families). His contributions in this area have significantly alleviated the financial burden on many families and empowered young women to start their married lives with dignity and hope.

Recognition and Awards for Humanitarian Work

Abhishek Kumar Tripathi’s extraordinary commitment to humanitarian causes was recently recognized when he received the IPBR National Jan Seva Ratna Award from the India Proud Book of Records. The award celebrated his swift and compassionate response to a tragedy in which a family lost a former soldier in a devastating fire. His generosity and empathy have made him a beacon of hope in his community, further cementing his reputation as a leader who is as dedicated to human welfare as he is to business excellence.

Launch of MG Pansari: A New Chapter in E-Commerce

In addition to his ongoing ventures, Abhishek Kumar Tripathi is all set to launch a new online shopping platform—MG Pansari. This upcoming platform will offer a wide array of products, providing customers with a convenient and efficient shopping experience. With this initiative, Abhishek aims to tap into the growing e-commerce market and deliver quality products to a larger audience. The platform is expected to reflect the same values of trust, quality, and customer satisfaction that have defined his previous business ventures.

Looking Ahead: A Vision for Employment and Social Impact

Abhishek’s future plans include expanding his entrepreneurial ventures with the goal of generating large-scale employment opportunities, addressing regional economic challenges, and empowering individuals to contribute meaningfully to the nation’s growth. As MG Construction continues to expand and new initiatives like MG Pansari take shape, Abhishek is focused on creating a sustainable ecosystem of employment that will provide financial stability and opportunities for advancement to many individuals in his community.

Abhishek’s vision is clear: to build not just businesses, but opportunities for others to succeed. His efforts to address unemployment, support the underprivileged, and contribute to societal growth reflect his unyielding commitment to making a positive impact on the world.

A Legacy of Compassion and Service

Abhishek Kumar Tripathi’s journey is one of balance—between ambition and humility, between business success and social responsibility. Through his entrepreneurial initiatives, philanthropic endeavors, and spiritual commitment, he exemplifies how a life led by values and vision can create lasting change. Whether through constructing homes, supporting the needy, or empowering communities, Abhishek continues to leave a profound mark on the world around him.

As he moves forward, Abhishek remains steadfast in his ideals of compassion, integrity, and service. His story serves as a powerful reminder that true success is not just measured by personal achievement but by the positive impact one has on others. Through his work, Abhishek Kumar Tripathi will undoubtedly continue to inspire and uplift society for generations to come.

https://www.abhishekkumartripathi.com & https://www.mgpansari.com

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New Delhi [India], December 16: Every story reflects a personal style, unique thought and creative imagination. Whether they are narrated through a novel, visualized through a movie or simply executed through a piece of design, stories need the right expression that can truly bring out their unique facets. In the world of design, stories are expressed through colours, textures, style and functionality. It is these aspects that make every design unique and individualistic. But, quite often, a designer finds it challenging to find such colours, textures and styles that can express the strong story behind a design. Breaking all these limitations is Terra – the latest addition to Hafele’s Range of Engineered Stone Surfaces under the Hafele Surfaces brand. This new in-house premium range of surfaces brings with it the tradition, knowledge and expertise that Hafele has in the space of Kitchens and Kitchen products. The Terra Range is Quartz dominated and is composed together with colour pigments and binding agents to form a solution that is immensely strong, versatile and creatively workable for a wide array of home applications. While kitchen countertops take a prominent spot in this list of applications, Terra also creates possibilities in Wall-cladding, Kitchen backsplashes and Bathroom countertops across the home. This surface can also find an ideal space in Office reception counters, Restaurant bar counters or even backsplashes and wall-claddings in hotel lobbies and rooms. Owing to its composition and colour consistency, Terra offers uniform and seamless design possibilities. It comes with 14 elegant yet contemporary colours that add to the versatility of this range. Each colour has a soul and unique characteristic, of its own.

Maritime grey

Elevate your spaces with the timeless allure of this dark grey surface. Its striking veins add a touch of drama and sophistication to any interior space.

Denali Bluffs

When you need a sharp and minimalist design language for your interiors, this cream coloured surface with geometric vein patterns stands out from the crowd.

Alga Green

Add style to any space with this surface which is a unique combination of natural design and soothing colours. The white veins add an exquisite identity to this surface, making it the center of attraction in any interior space.

Athena Black

Indulge in the captivating contrast of this dark grey quartz surface, accented by bold, white veins. This unique combination elevates the aesthetics of any interior space.

Andes Grey

The cream colour with light grey veins makes this surface the perfect choice for creating soothing interiors. The vein pattern gives this surface a soft look, making it an ideal choice for designing cozy interior spaces.

About Hafele India

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

Log onto hafeleindia.com/en/info/service/contact-us to find the nearest Hafele showroom or design centre.

Website: hafeleindia.com

Customer Care Toll Free: 1800 266 6667

Customer Care WhatsApp: +91 97691 11122

Customer Care Email ID:customercare@hafeleindia.com

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