Go Green Spices Pvt Ltd launches Forest Traiil, a premium natural foods brand offering Vedic nutrition, Bilona A2 Ghee, and raw wild forest honey for modern consumers in India and beyond.

Muzaffarnagar, (Uttar Pradesh) [India], May 5: In an era of rapid industrialization and processed convenience, a new story of generational wisdom and modern grit is unfolding in the heart of Uttar Pradesh. Forest Traiil, a premium natural foods brand under Go Green Spices Private Limited, announces its official launch, bringing the sacred traditions of Vedic nutrition to the modern table through its flagship Forest Traiil A2 Gir Cow Ghee, A2 Desi Cow Ghee and Raw Wild Forest Honey.

Founded by Kawaljeet Singh and his nephew, Jaskaran Singh, Forest Traiil is more than a business venture – it is a bridge between two eras. Based in Muzaffarnagar, the brand is built on the foundation of Pitra-Rina – a sacred duty to honor one’s roots while nourishing the future.

A Legacy Reimagined

The partnership between Kawaljeet Singh (the mentor) and Jaskaran Singh (the visionary) represents a rare blend of traditional craftsmanship and contemporary transparency. While the elder Singh brings decades of agricultural insight and deep reverence for the Bilona method, the younger Singh ensures the brand meets the rigorous standards of today’s health-conscious, traceability-seeking consumer.

“Forest Traiil was born at our family dining table. I wanted my nephew to understand that food isn’t just fuel – it’s an inheritance. We aren’t just selling ghee; we are preserving a way of life that treats the cow as family and the forest as a sanctuary.”

– Kawaljeet Singh, Co-founder, Forest Traiil

The Gold Standard: Bilona A2 Ghee & Raw Wild Forest Honey

At the core of Forest Traiil’s philosophy is an unwavering refusal to take shortcuts. Their A2 Desi Cow Ghee and A2 Gir Cow Ghee are crafted using the time-honored Bilona method – a labor-intensive Vedic process of churning curd into butter before slow-cooking it over a mild flame. This ancient tradition ensures the retention of essential fatty acids and a nostalgic, grainy texture that industrial ‘direct-cream’ ghee simply cannot replicate.

Complementing the dairy range is Forest Traiil’s Raw Wild Forest Honey – sourced directly from indigenous hives, left unheated and 100% raw to preserve its live enzymes, natural pollen, and complex floral terroir. Unlike commercial honey that is ultra-filtered and heat-treated, Forest Traiil’s honey remains as nature intended: nutrient-dense, aromatic, and authentic.

Farm-to-Jar Transparency

Every jar of Forest Traiil represents a commitment to a clean-label lifestyle. The brand’s farm-to-jar model is anchored in three core pillars:

• Indigenous Sourcing: Prioritizing A2 milk from stress-free, grass-fed indigenous cows.
• Sustainability: Eco-friendly packaging and ethical harvesting practices that respect the land.
• Traceability: A direct, transparent line from the rural farms of Muzaffarnagar to the global consumer.

“Growing up, I saw my Mama (uncle) treat every harvest with such reverence. My goal is to take that integrity and make it accessible to my generation. We want people to know exactly where their food comes from and the hands that prepared it.”

– Jaskaran Singh, Co-founder, Forest Traiil

Availability

Forest Traiil is now available for nationwide delivery across India and select international markets through:Official Website: www.foresttraiil.com

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Dhruv Consultancy Services Limited. (DCSL)(BSE – 541302 | NSE – DHRUV), one of India’s established infrastructure consultancy firms, is pleased to announce that it has received the Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) in association with M/s. Designilla Private Limited for providing Independent Engineer Services.

The project pertains to the four-laning of the Kurali–Kiratpur section of NH-21 (New NH-205) from Km 28.600 to Km 71.500 in the state of Punjab. The contract has been awarded at a value of ₹2.83 Cr (excluding GST).

Project Overview
 Under this mandate, the company will act as the Independent Engineer, overseeing the operation and maintenance phase of the project, supporting efficient project management throughout the period. The total project duration is 36 months.

This project marks another important addition to the company’s growing Independent Engineer services portfolio and strengthens its positioning in long-term infrastructure monitoring and asset management assignments. It deepens its relationship with NHAI and supports its strategy to expand presence across high-value infrastructure segments.

Commenting on the development, Mrs. Tanvi Dandawate Auti, Managing Director, stated, “We are pleased to secure this Independent Engineer assignment from NHAI in association with Designilla Private Limited. This project marks another step forward in strengthening our capabilities in the operation and maintenance phase consultancy services.

Our focus will be on ensuring stringent monitoring, adherence to quality standards, and efficient execution throughout the project lifecycle. We remain committed to delivering excellence and supporting sustainable infrastructure development.”

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New Delhi [India], May 5: Serendipity Arts announces the launch of THE BRIJ Cultural Leaders Fellowship, a capacity-building initiative supported by the French Embassy in India. Conceived as a nine-month leadership development programme for mid-career cultural practitioners and cross-sector professionals across India, the fellowship is built on a single, radical premise: that the most important thing a leader can develop is not a product, but a question. 

At a time when leadership development within India’s cultural sector remains limited in long-term, context-specific formats, the fellowship offers a sustained and rigorous alternative. It is designed for practitioners navigating the complexities of cultural work in India, while also inviting professionals from adjacent fields whose work intersects with questions of culture and community.

The fellowship brings together a diverse cohort drawn equally from cultural practice and cross-sector leadership. This includes practitioners across visual arts, performing arts, film, literature, design, craft, heritage, and arts education, alongside professionals from fields such as business, public policy, law, technology, urban development, social enterprise, public health, and philanthropy—creating a shared space for exchange across disciplines.

The fellowship is intended for mid-career professionals with a minimum of seven years of experience who demonstrate a sustained engagement with culture, communities, or creative practice. It is designed for individuals with a clear intellectual curiosity and a question they are ready to pursue within their work, as well as a willingness to commit to a rigorous, nine-month process of reflection, dialogue, and exchange. The programme is open to Indian nationals across both cultural and cross-sector practices who are looking to deepen their leadership through inquiry rather than instruction.

Rather than delivering a prescribed curriculum, the programme is structured as a process of inquiry. Over nine months, fellows are supported in shaping their own intellectual trajectory—developing a line of questioning that emerges from their practice, their context, and the challenges they are engaging with. This journey unfolds across three distinct phases.

The first phase, Self & Context, begins with an immersive residential experience focused on self-examination, cohort building, and foundational dialogue. The second phase, Ecosystem & Region, expands this inquiry through expert-led conversations, peer exchange, and exposure to diverse practices. The final phase, Leadership & Futures, is anchored within the wider ecosystem of the Serendipity Arts Festival, where fellows reflect on their learning and articulate a forward-looking framework for their practice. The fellowship culminates in a Research Inquiry Proposal—a considered articulation of the question each fellow chooses to pursue and how it will shape their work going forward.

The experience is designed as a holistic and deeply supported journey. Each fellow is paired with a senior mentor for sustained one-to-one engagement across the nine months, alongside weekly live sessions with industry leaders and curated conversations with practitioners and thinkers from across disciplines. The programme also includes a psychometric assessment with individual coaching, immersive residential components, and structured peer learning through ongoing inquiry circles. Fellows are supported through curated reading materials and, beyond the duration of the programme, become part of a long-term alumni network with continued access to the wider Serendipity Arts ecosystem.

Why THE BRIJ Cultural Leaders Fellowship

THE BRIJ Cultural Leaders Fellowship is delivered by Serendipity Arts, one of India’s most significant contemporary arts organisations and the force behind the Serendipity Arts Festival, South Asia’s largest multidisciplinary arts festival. For over a decade, Serendipity Arts has convened artists, institutions, and ideas across disciplines, geographies, and forms.

The fellowship has been designed in close conversation with an advisory committee of leaders drawn from Indian cultural life, education, and cross-sector practice, including Seema Bansal, Paul Thompson, and Pramath Sinha. Its curriculum framework draws on a rigorous study of the world’s leading cultural leadership fellowships, globally benchmarked and adapted specifically for the Indian context.

“THE BRIJ Cultural Leaders Fellowship emerges from a long-standing recognition that India’s cultural sector needs sustained, context-specific leadership development. At Serendipity Arts, we have consistently engaged with practitioners across disciplines and geographies, and what has become clear is the need for spaces that privilege inquiry over instruction. This fellowship is designed to support individuals not in arriving at definitive answers, but in shaping the questions that will inform their practice and leadership over time. We see this as an investment in the intellectual and ethical foundations of the cultural ecosystem in India,” said Smriti Rajgarhia, Director of Serendipity Arts and Course Director of THE BRIJ Cultural Leaders Fellowship.

Anchored in this strong institutional legacy and forward-looking vision, THE BRIJ is supported by the French Embassy in India, notably through a FEF grant allocated by the French Ministry of Europe and Foreign Affairs, aimed at encouraging capacity building in the field of culture. More broadly, France is supporting the development of the creative economy as a strategic priority, mapping key players and platforms worldwide, including Serendipity Arts.

On this occasion, Grégor Trumel, Counsellor for Cooperation and Culture and Director of the French Institute in India, noted, “In a context of significant growth of the cultural and creative industries—across the globe and especially in India—this unique programme responds to important needs in terms of capacity-building and professionalisation. Investing in growing local talent is key for us. With its support to THE BRIJ, France is excited to be part of a platform that empowers a new generation of cultural leaders while fostering dialogue between French and Indian creatives.”

The fellowship places value on the intellectual life of the cultural practitioner, treating leadership not as a set of skills to be acquired, but as a question to be pursued.

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Jaipur (Rajasthan) [India], May 5: Shyam Dhani Industries Limited (NSE – SHYAMDHANI) (The Company) has announced the launch of its refreshed range of Shyam Kitchen Spices, marking a significant step in its journey to expand its presence across India. The company aims to make its products accessible to households nationwide through a structured and phased market rollout, supported by the onboarding of Priety Zinta as the brand ambassador.

The company was incorporated in 2010 and transitioned into a public limited entity in 2024, followed by its listing on the NSE in December 2025. The recent phase of growth includes a focused investment in branding and marketing to strengthen consumer recall and market penetration.

As part of its expansion strategy, the company has conducted market surveys across 12 states and plans to initiate marketing activities in these regions over the next six months. It has also established distribution networks, including super stockists and sales teams, across key markets, including the northeastern region, to support its scale-up plans.

The company has introduced IPM-quality products, launched in November 2024, which have received encouraging market response due to their focus on reduced pesticide exposure and improved product quality. In addition, contract farming initiatives have been implemented to ensure consistent sourcing, fair pricing for farmers, and enhanced product standards, ultimately benefiting end consumers.

Further strengthening its operational capabilities, the company has set up a modern manufacturing facility equipped with advanced machinery in Rajasthan. 

With a continued emphasis on quality, service, and health-conscious offerings, the company is targeting a turnover of ₹1,000 Cr over the next few years, driven by its expanding product portfolio and growing distribution reach.

Commenting on the Development, Mr. Ramawtar Agarwal, Chairman & Managing Director of Shyam Dhani Industries Limited, said, “This launch marks an important milestone in our journey to strengthen Shyam Kitchen Spices as a trusted household brand across India. Our goal is to take Shyam Kitchen Spices to every household. With a renewed focus on quality, wider distribution, and stronger brand visibility, we are confident of accelerating our presence across both existing and new markets.

Our investments in advanced manufacturing, IPM-quality products, and contract farming initiatives reflect our commitment to delivering safe, high-quality spices while also supporting farmers and ensuring sustainable sourcing. As we continue to expand our footprint across multiple states and international markets, we remain focused on building a scalable and resilient business, while creating long-term value for all stakeholders.”

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New Delhi [India], May 4: India’s infrastructure and construction landscape continues to evolve at scale. From highways and urban expansion to mining and industrial development, the demand for reliable and efficient machines has never been higher. Contractors today require equipment that delivers consistent performance, fuel efficiency, and durability across long working cycles.

The R210E Excavator is designed to meet these expectations. Positioned as a versatile hydraulic excavator, it combines advanced hydraulic systems, intelligent fuel-saving features, and reinforced structural components.

Built for Versatility Across Construction and Mining

The R210E functions as both a construction excavator and making it suitable for a wide range of applications.

It performs effectively in:

• Road and highway construction
• Quarry and aggregate handling
• Urban infrastructure development
• Land development and excavation

Its strong digging capability and stable design allow it to handle varying soil conditions with ease, making it a dependable machine in construction equipment.

Key Features of the R210E Excavator

1. Advanced Hydraulic Performance

The R210E Excavator is equipped with Electro Hydraulic Flow Control, designed to improve speed and precision.

• Variable displacement piston pump adjusts flow based on workload
• Fast synchronisation between the joystick and hydraulic components
• Smooth and responsive operation across tasks

This ensures higher productivity in repetitive digging and loading operations.

2. Fast Response with Negative Flow Control

The excavator incorporates Negative Flow Control, which maintains standby hydraulic pressure when components are idle.

• Faster response to operator input
• Reduced hydraulic lag
• Improved fuel efficiency during operation

This results in better control and quicker cycle times.

3. High Digging Performance

The machine is engineered for strong excavation capability.

• Excellent digging forces for efficient material removal
• Designed to handle tough soil conditions with reliability

This makes it suitable for both construction and mining environments.

4. Intelligent Fuel Efficiency Systems

Fuel efficiency is a key factor in equipment performance.

The R210E Excavator integrates:

• One-touch deceleration to reduce engine RPM instantly
• Auto-idle function to lower engine speed during inactivity
• Fuel Saving Kit that reduces unnecessary fuel consumption

Additionally, Swing Priority improves hydraulic efficiency during combined operations, enhancing productivity while maintaining fuel control.

5. Smart Monitoring and Control

The excavator features a Digital Cluster with Colour Display.

It provides:

• Real-time monitoring of oil and coolant temperature
• Machine status and performance data

Operators can select:

• Three power modes
• Two work modes
• Two user-defined modes

This flexibility allows the machine to adapt to different job requirements.

6. Operator Comfort and Convenience

Operator efficiency is critical for productivity.

The R210E Excavator includes:

• Removable floor mat for easy maintenance
• Bluetooth-enabled FM radio
• LED lamps for improved visibility

These features enhance comfort and usability during long working hours.

7. Reinforced Structural Durability

Durability is essential for heavy-duty applications.

The R210E Excavator incorporates:

• Strong boom and arm with improved profile
• High tensile steel construction
• Dimple bushes for better lubrication retention
• Polymer shims for resistance to wear and corrosion

The forged ring body enhances structural integrity and machine life.

The rugged undercarriage ensures stability and durability across rough terrains.

8. Reliable Safety Systems

Safety is a critical component of modern construction equipment.

The R210E Excavator includes:

• Automatic engine overheat prevention system
• Anti-restart system to protect engine components
• Optional emergency shutdown switch

An added tank cowl protects the fuel tank from external impact during operations.

These features ensure safer and more reliable operation in demanding conditions.

Why It Stands Out in India’s Excavator Market

The R210E Excavator delivers a balanced combination of:

• Strong digging performance
• Fast hydraulic response
• Fuel-efficient operation
• Reinforced durability
• Operator-focused design

These strengths make it a preferred choice for contractors looking for a dependable crawler excavator across applications.

Conclusion

As infrastructure and mining projects continue to grow, the demand for efficient and durable machines will only increase. The R210E Excavator meets this demand with a combination of advanced hydraulics, intelligent fuel-saving systems, and robust construction.

Whether used as a construction excavator or a general-purpose hydraulic excavator, it delivers reliable performance across diverse job conditions. For contractors seeking dependable and high-performing construction equipment, the R210E stands as a strong and practical choice in today’s evolving market.

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New Delhi [India], May 5: Marathon Realty, one of Mumbai’s leading real estate developers, has recorded a significant sales milestone at NeoHomes – its Bhandup based residential development. The company sold 100 homes in a span of just 3 days following the launch of a new wing at Marathon NeoHomes – NeoValley Narmada in Bhandup. The sales value of the sold inventory stands at approximately ₹60 crore.
The swift sales momentum highlights Bhandup’s emergence as a residential hub because of its excellent connectivity via Central Railway, LBS Marg, the upcoming Metro Line 4 and the Eastern Express Highway. The launch also underlines a wider market need: more housing within the city that is affordable, well-planned, and built by a trusted name. As homebuyers look to stay within Mumbai while still finding value, developments such as NeoHomes are seeing strong interest from end-users. Nearly 80 per cent of buyers at NeoHomes are first-time homeowners. Upgraders account for around 15 per cent, while investors make up the remaining 5 per cent, signalling a clear shift towards genuine homeownership.
Kaivalya Shah, Director, Marathon Nextgen Realty Ltd, said,“The response to our Bhandup launch reflects a clear need in the market. Mumbai needs more homes within city limits that are practical, accessible, and backed by trust. That is what we are building with NeoHomes. We see this as a long-term opportunity to build more of the housing the city genuinely needs.”
 The newly launched tower offers Studio, 1BHK, and 2BHK homes ranging from 191 sqft to 476 sqft. The flats are optimally designed with the modern, urban family in mind, with unique features such as two bathrooms in select 1BHK units. The amenities on offer like a gym, studio, terrace garden, and more, also address the aspirational needs of homebuyers.

About Marathon NeoHomes

Marathon NeoHomes is part of Marathon Realty’s larger vision for Bhandup, where the company has already launched 6 projects, sold over 1,800 homes, and delivered over 600 homes across 3 projects. With a broader proposed development of over 100 acres in the area, Marathon continues to see Bhandup as an important part of Mumbai’s residential growth story.

With NeoHomes, Marathon Realty remains focused on creating homes that respond to the realities of city living — homes that are functional, accessible and relevant to what Mumbai homebuyers are looking for today.

About Marathon Realty

Marathon Realty is one of Mumbai’s leading real estate developers, with a track record of over five decades in the city. The company has delivered more than 100 projects across residential and commercial real estate and is currently building offices, luxury residences, affordable housing, and townships across the Mumbai Metropolitan Region. Marathon Realty focuses on creating spaces that respond to the needs of modern urban life, with an emphasis on design, transparency and long-term value.

Website – https://marathon.in/neohomes/

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Hyderabad (Telangana) [India], May 5: Shreyas Group, led by Founder Gandra Srinivas Rao, has announced a major expansion roadmap, focusing on building a powerful media, events, sports, and experience-driven ecosystem across India. The key highlight of this announcement is the launch of a village & town-level entrepreneurship model, aiming to create 10,000 entrepreneurs in Phase-1 across Andhra Pradesh and Telangana. 

Introduces Village & Town Entrepreneurship Model

Shreyas Group is launching a grassroots entrepreneurship model, empowering youth and fan communities across Andhra Pradesh and Telangana. Individuals can become Shreyas representatives in their villages and towns, generating leads across events, real estate, retail, and agriculture verticals, while earning through a structured business model. “The company aims to onboard 10,000 entrepreneurs in Phase-1. “We are not just building businesses. We are creating entrepreneurs. This model empowers youth to become business owners in their own regions” said Shreyas Srinivas Rao.

A strong legacy

With a strong legacy of 15+ years, 5000+ events, and 2500+ movie promotions, Shreyas Group has established itself as a leading name in India’s experiential entertainment space. The group is now expanding aggressively across media & film promotions (Hindi, Punjabi, Bhojpuri, Oriya), AI-driven content production (Shreyas AI Frames), and a next-generation platform – ATT (Any Time Theatre). Alongside, the company is scaling its events ecosystem through Shreyas Corporate Club and Shreyas Utsav and real estate development via Shreyas Future City Developers. Under Shreyas Future City Developers, the group is expanding with Shreyas One City, Shreyas Signature projects, and Highway Outlet Malls, focusing on experience-driven developments.

Expands Media & Film Promotions Across India

As part of its growth strategy, Shreyas Group is strengthening its media and entertainment vertical with expansion into multiple film industries, including Hindi, Punjabi, Bhojpuri, and Oriya. The company is also launching Shreyas AI Frames, an AI-powered video production studio, and developing ATT (Any Time Theatre), a next-generation entertainment platform. “Media and entertainment have always been our foundation. With AI, content, and new-age platforms, we are building the future of storytelling and audience engagement,” said Gandra Srinivas Rao, Founder, Shreyas Group.

Launches Corporate & Social Event IP Ecosystem

Through Shreyas Corporate Club, the company is introducing proprietary corporate engagement formats, Weekend Farming Experience, and Village Tour Experience. Simultaneously, Shreyas Utsav will focus on premium weddings, large-scale social events, and the development of convention centers and event infrastructure, creating a complete celebration ecosystem.

Focus on Social Impact & Rural Integration

Through Shreyas Impact Foundation, the group aims to support 10,000 girl child education (long-term vision), starting with 100+ beneficiaries. Additionally, Shreyas Farmer Society will focus on building farmer networks and integrating agriculture with consumer ecosystems.

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Share in Rights Issue is offered at Rs. 5 per share as compared to current trading price of Rs. 12.2 per share

New Delhi [India], May 5: Gujarat Cotex Ltd (BSE – 514386), a diversified company across textiles, real estate, hospitality and agro commodity trading businesses plans to raise Rs. 42.73 crore from its Rights Issue to funds its expansion plans. The Rights Issue opened for subscription on April 10 and will close on May 08, 2026. The Rights Issue is priced at Rs. 5 per share, offering existing shareholders an opportunity to increase their equity in the company. Share price of company’s shares on May 5 is trading at Rs. 12.2 per share. The last date for On-Market Renunciation of REs is today, May 5, 2026.

The Rights Issue comprises 8,54,64,000 fully paid-up Equity Shares of face value Rs. 5 each, aggregating to Rs. 42.73 crore. Proceeds from the issue will be used to support company’s expansion plans and strengthen the company’s financial position. The Rights Issue is being offered in the entitlement ratio of 6:1 (6 rights shares for every 1 equity share held).

The company proposes to utilize the issue proceeds aggregating to Rs. 42.73 crore towards strategic growth and expansion initiatives. An amount of Rs. 9.60 crore will be deployed for the completion of its upcoming premium hotel project near Sarangpur Hanuman Mandir, comprising 55 rooms and 10 dormitory accommodations, aimed at catering to the rising demand for quality hospitality services in the region.

Further, Rs. 2.13 crore will be utilized for the purchase of a new registered office, strengthening the Company’s operational infrastructure. A significant portion of Rs. 19.30 crore is earmarked to meet the Company’s working capital requirements, supporting business scalability across its diversified segments. The remaining Rs. 10.68 crore will be allocated towards general corporate purposes, enabling overall business growth and operational flexibility.

For the nine months of financial year 2026 ended December 2025, company achieved revenue from operations of Rs. 29.86 crore, rise of 54.7% Y-o-Y as compared to the revenue of Rs. 19.30 crore in the corresponding period of FY 2024-25. Net profit also rose to Rs. 82.6 lakh for nine months of FY26 as against net profit of Rs. 45.96 lakh in the 9MFY25, a 79.7% Y-o-Y growth.

Founded in the year 1992 with textile manufacturing, Gujarat Cotex Ltd have strategically transitioned in 2016-17 to trading a wide range of grey and dyed polyester fabrics, serving power loom operators and industrial clients. Since 2007–08, company have expanded into real estate through the purchase and sale of plots, and are now foraying into hospitality with an upcoming venture. Company has recently entered agro-commodity trading with a strong focus on packed pulses to to serve institutional buyers, traders, and processing units.

Today, company has grown to a diversified enterprise operating across textiles, real estate, hospitality, and agro-commodity trading, driven by a strong commitment to quality, innovation, and sustainability. Company has a mission is to deliver high-quality products and services that meet evolving customer needs, contribute to community development, and uphold our core values of sustainability and innovation.

Rights Issue – Gujarat Cotex Ltd
Right Issue Opened on	April 10, 2026
Right Issue Closes on	May 08, 2026
Issue Price	Rs. 5 Per Share
Issue Size (No of Shares)	8,54,64,000 Equity Shares
Issue Size (Amount)	Rs. 42.73 crore
Right Issue Entitlement	6:1 (6 rights equity shares for every 1 fully paid-up Equity Share)
Last Date for On Market Renunciation	May 5, 2026

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Ahmedabad (Gujarat) [India], May 5: Empower India Limited (BSE – 504351, NSE – EMPOWER), a company traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), is pleased to announce the signing of a term sheet for the proposed acquisition of a majority stake in MABIL, a prominent UAE-based entity. 

The transaction is structured as a strategic cross-border acquisition to be executed through a share swap arrangement. This all-equity structure is designed to align the longterm interests of both entities, resulting in a unified ownership framework upon completion.

Strategic Rationale and Market Expansion

This acquisition marks a key international development for EIL, aimed at securing strategic market access in the Middle East. By integrating MABIL, which maintains an established operational presence in the United Arab Emirates, EIL intends to leverage the UAE’s position as a global commercial hub. 

The integration is expected to:

• Enhance EIL’s corporate structure through increased geographic presence. 
• Strengthen business connectivity across international markets. 
• Provide an established base within the Middle Eastern commercial ecosystem. 

Transaction Status and Next Steps

The transaction is currently in its preliminary stages. While the signing of the term sheet outlines the broad framework of the deal, the final acquisition remains subject to the negotiation of valuation and the execution of definitive documents. 

Both parties will now proceed with:

• Detailed due diligence. 
• Negotiation and execution of definitive agreements. 
• Fulfillment of regulatory and statutory requirements. 

Investor Information

Specific details regarding the transaction, including the share swap ratio and the quantum of shares, shall be intimated to the stock exchanges in due course as the transaction progresses.  About Empower India Limited Empower India Limited is a publicly traded company on the NSE and BSE. The company is currently focused on expanding its international footprint and strengthening its corporate structure through strategic global integrations.

Company recently announced that its equity shares have been admitted to trading and dealings on the National Stock Exchange of India (NSE), marking a significant milestone in the Company’s growth journey. The Company’s shares commenced trading on the NSE platform effective April 20, 2026, under the symbol “EMPOWER.”

The listing on NSE is expected to strengthen the Company’s market presence and improve liquidity for its shareholders, while also providing an efficient platform for price discovery. It further reflects the Company’s commitment to maintaining high standards of corporate governance, transparency, and regulatory compliance.

The Company remains focused on delivering sustainable growth, improving operational efficiencies, and capitalizing on emerging opportunities across its business segments. The NSE admission is expected to further support these objectives by facilitating enhanced access to capital markets and strengthening the Company’s financial flexibility.

Empower India Limited expressed its gratitude to its shareholders, regulatory authorities, and other stakeholders for their continued trust and support. The Company looks forward to leveraging this milestone as a platform for accelerated growth and long-term value creation. Company is committed to building a robust and scalable business model driven by innovation, operational excellence, and strong governance practices. The Company continues to focus on delivering consistent performance while creating value for all stakeholders.

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New Delhi [India], May 5: Lehar Footwears Limited (BSE – LEHAR | 532829 | INE976H01018), announced a major expansion of its manufacturing footprint with the addition of a new, large-scale facility in Kundli, Haryana, aimed at strengthening its presence in the fast-growing athleisure and sports footwear segment. The facility will focus on manufacturing sports shoes and related products, marking a significant step-up in the company’s capabilities and reinforcing its strategic shift toward higher-value product categories.

As part of this expansion, the company has signed a rent agreement for the proposed facility, which is expected to substantially scale up production capacity from approximately 1 lakh pairs per month to 5 lakh pairs per month in a phased manner. The facility is expected to commence commercial operations from Q2FY26 onwards, aligning with Lehar Footwear’s broader strategy to capitalize on rising demand in the sports and athleisure footwear market.

The new Kundli unit will be equipped with advanced manufacturing technologies for sports shoes and EVA-based footwear, enabling enhanced product quality, improved consistency, and higher operational efficiency. The facility is expected to support both the company’s in-house athleisure brand ‘Rannr ’as well as its OEM manufacturing vertical.

Key Highlights of the Kundli Facility:

• 5x Capacity Expansion – in phases: Scale-up from ~1 lakh to ~5 lakh pairs per month to meet rising demand
• Product Mix Improvement: Increased share of higher-value sports and athleisure footwear driving ASP and margin expansion
• OEM + Brand Synergy: Strengthening capabilities to serve OEM clients while scaling Rannr
• Strategic Location: Kundli offers strong connectivity to North Indian markets and logistics hubs
• Technology Upgrade: Introduction of modern machinery and processes for sports and EVA footwear manufacturing

Commenting on the development, Mr. Raj Kumar Agarwal, Managing Director of Lehar Footwears Limited, said: “The new capacity expansion marks an important step in our expansion journey. This project will enable us to build scalable, technology-enabled manufacturing capabilities aligned with evolving consumer demand in sports and athleisure footwear. We expect this to support our premiumisation strategy and strengthen our positioning across both branded and OEM segments”

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