Elevate Campuses Limited’s ₹2100 crore Initial Public Offering to open on Wednesday, September 23, 2026

Elevate Campuses Limited’s ₹2100 crore Initial Public Offering to open on Wednesday, September 23, 2026

Photo Caption (L-R)

1) Mr. Narasimha Jayakumar, Chief Executive Officer, Elevate Campuses Limited

2) Mukesh Tiwari, Board Director, Elevate Campuses Limited

3) Mr. Vinod Rao, Chief Financial Officer, Elevate Campuses Limited

Price Band fixed at ₹343 to ₹362 per share 

Bid/Issue Opening Date – Wednesday, September 23, 2026 and Bid/Issue Closing Date – Friday, September 25, 2026 

Anchor Date - The Anchor Investor Bidding Date is one working day prior to bid/offer opening date, being Tuesday, September 22, 2026 

Bids can be made for a minimum of 41 shares and in multiples of 41 thereafter by bidders other than Anchor Investors 

Mumbai, September 18, 2026: Elevate Campuses Limited (“Elevate Campuses”) is the largest institutionalized and independent education platform engaged in owning, operating and managing on campus student accommodation across higher education institutes and owning K-12 assets in India by student capacity as of June 15, 2026. The Bid/Issue in relation to its initial public offering of the Equity Shares will open on Wednesday, September 23, 2026. The Bid/Issue will close on Friday, September 25, 2026. 

The Anchor Investor Bidding Date shall be on Tuesday, September 22, 2026. 

Bids can be made for a minimum of 41 Equity Shares and in multiples of XX Equity Shares thereafter. 

The Price Band has been fixed at ₹343 to ₹362 per Equity Share. 

The total Issue size is for such number of Equity Shares of face value of ₹1 each aggregating up to ₹21,000 million (₹2,100 crores).

Elevate Campuses owns, operates, and manages on-campus student accommodations across higher education institutions (HEIs) and K-12 assets. As of March 31, 2026, the current capacity enables to cater to 80,255 students across 15 cities in India and one city in United Arab Emirates. The business operates under the “Good Host Spaces” and “ScholarZ” brands for student accommodation and manages K-12 assets under long-term lease arrangements with K-12 operators. 

Elevate Campuses portfolio comprises both owned and managed assets. The ‘Owned Portfolio’ comprises seven student accommodation campuses totaling 20,368 beds (“Owned Beds”) across six Indian cities as of March 31, 2026, and two K-12 Assets in Dubai (UAE). The ‘Managed Portfolio’ comprises 14 student accommodation campuses, totaling 55,487 beds under management (“Managed Beds”), as of March 31, 2026 (“Managed Portfolio”). 

The Issue is being made through the Book Building Process in accordance with the applicable provisions of the SEBI ICDR Regulations. At least 75% of the Issue shall be available for allocation to Qualified Institutional Buyers (QIBs), of which up to 60% of the QIB Portion may be allocated to Anchor Investors, subject to applicable regulations. Further, not more than 15% of the Issue shall be available for allocation to Non-Institutional Investors (NIIs), with the portion further divided between applicants with application sizes of more than ₹2 lakh and up to ₹10 lakh, and those with application sizes exceeding ₹10 lakh, in accordance with the SEBI ICDR Regulations, and not more than 10% of the Issue shall be available for allocation to Retail Individual Investors (RIIs), subject to valid bids being received at or above the Issue Price. For further details, please refer to the sections “Issue Structure” and “Issue Procedure” beginning on pages 621 and 641 of the red herring prospectus dated September 17, 2026.

Elevate Campuses is led by an experienced management team with expertise across real estate, deal financing and operations and facility management. The Company’s promoters are ultimately owned and controlled by funds of Hillhouse Investment, a global alternative investment manager. Hillhouse established Rava Partners in 2020 as its real-assets strategy, which has committed over US$3.5 billion since inception across growth sectors of Asia’s real-asset economy, including education, logistics/industrial, life sciences/healthcare and digital infrastructure.

Disclaimer: 

ELEVATE CAMPUSES LIMITED (Formerly known as Good Host Spaces Limited) is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its Equity Shares and has filed the RHP with SEBI, RoC, Mumbai and the Stock Exchanges on September 17, 2026. The RHP shall be available on the website of SEBI at www.sebi.gov.in, and is available on the websites of the Stock Exchanges i.e. BSE and NSE at www.bseindia.com and www.nseindia.com, respectively, on the website of our Company at www.elevatecampuses.com and the websites of the BRLMs, i.e., JM Financial Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and Morgan Stanley India Company Private Limited at www.jmfl.com, www.iiflcapital.com and www.morganstanley.com, respectively. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see ‘‘Risk Factors’’ beginning on page 25 of the RHP. Potential investors should not rely on the DRHP filed with SEBI and the Stock Exchanges, and should instead rely on their own examination of our Company and the Issue, including the risks involved, for making any investment decision.

The Equity Shares offered in the have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the U.S. Securities Act) or any state securities laws in the United States, and unless so registered may not be offered or Issue sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, such Equity Shares are being offered and sold in offshore transactions as defined in and in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdictions where those offers and sales occur. The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction except in compliance with the applicable laws of such jurisdiction. There will be no offering in the United States.

*झी टीव्हीवरील ‘सा रे ग म प 2026’ : आपल्या नवीन भव्य पर्वासह पुन्हा येत आहे;*

 *झी टीव्हीवरील ‘सा रे ग म प 2026’ : आपल्या नवीन भव्य पर्वासह पुन्हा येत आहे;*

हिंदी झी5 वरही होणार प्रसारण

मुंबई, 16 सप्टेंबर 2026: झी टीव्हीने आज मुंबईत एका विशेष पत्रकार परिषदेत लोकप्रिय आणि प्रतिष्ठित गायन रिअॅलिटी शो ‘सा रे ग म प’ च्या नवीन पर्वाची घोषणा केली. संगीताचा उत्सव साजरा करणाऱ्या ‘हिंदुस्तान का संगीतस्थान’ या संकल्पनेवर आधारित या नवीन पर्वाची झलक यावेळी माध्यमांना दाखवण्यात आली. तसेच, अत्याधुनिक व्हर्च्युअल रिअॅलिटी (VR) अनुभवाच्या माध्यमातून ‘सा रे ग म प 2026’ च्या भव्य आणि आकर्षक नव्या सेटचे प्रथम दर्शनही घडवण्यात आले. ह्या शो चा प्रीमियर 19 सप्टेंबर 2026 रोजी होणार असून हा कार्यक्रम दर शनिवार आणि रविवारी रात्री 9:30 वाजता झी टीव्ही आणि हिंदी झी5 वर प्रेक्षकांच्या भेटीला येणार आहे.

जवळपास तीन दशकांची समृद्ध परंपरा, अस्सल संगीत आणि विलक्षण गायक प्रतिभेला व्यासपीठ देण्याचा वारसा जपणाऱ्या ‘सा रे ग म प’च्या नव्या पर्वात प्रेक्षकांना पारंपरिक गायन स्पर्धेपलीकडचा एक भव्य संगीत अनुभव मिळणार आहे. नेत्रदीपक 360 अंशांचा मंच, 100 हून अधिक संगीतकार आणि विशाल कोरस समूहाच्या सहभागामुळे हा कार्यक्रम दूरचित्रवाणीवरील एका भव्य लाईव्ह कॉन्सर्टचा अनुभव देणार आहे. त्याचबरोबर भारतीय संगीत परंपरेचे वैभव, विविधता आणि समृद्ध सांगीतिक वारसा नव्या पर्वातून प्रभावीपणे प्रेक्षकांसमोर सादर केला जाणार आहे.

सुमारे तीन दशकांपासून ‘सा रे ग म प’ हा कार्यक्रम गायन क्षेत्रातील नवोदित प्रतिभेचा शोध घेणारे, त्यांना घडवणारे आणि त्यांच्या कलेचा गौरव करणारे विश्वासार्ह व्यासपीठ म्हणून ओळखला जातो. या कार्यक्रमाची लोकप्रियता टिकून राहण्यामागील सर्वांत मोठे कारण म्हणजे बदलत्या काळानुसार आणि प्रेक्षकांच्या आवडीनिवडींनुसार स्वरूपात बदल झाले तरी अस्सल संगीत आणि खऱ्या गायक प्रतिभेला त्यांनी दिलेले सातत्यपूर्ण प्राधान्य हे आहे. याच समृद्ध वारशाला पुढे नेत झी टीव्ही आता संगीताला पूर्णपणे समर्पित असे एक स्वतंत्र विश्व उभारत आहे. येथे ध्वनी, संगीतकौशल्य, सादरीकरण आणि दृश्यरचना अशा प्रत्येक घटकाची सांगड घालून संगीतकलेचा भव्य उत्सव साजरा करण्यात येणार आहे.

यंदाच्या पर्वात देशातील विविध भागांतील समृद्ध संगीत परंपरांचा सुरेल संगम पाहायला मिळणार आहे. मंत्रमुग्ध करणाऱ्या सादरीकरणांद्वारे भारतीय संगीताची विविधता, समृद्धता आणि सांस्कृतिक वारसा अधिक प्रभावीपणे उलगडला जाणार आहे, तर त्याचवेळी कार्यक्रमाच्या मूळ आत्म्याशीही प्रामाणिक राहण्यात येणार आहे. या अनुभवाला आणखी भव्यता देण्यासाठी विशेष 360 अंशांचा आकर्षक सेट उभारण्यात आला आहे. भारतीय संगीत रिअॅलिटी शोच्या इतिहासात प्रथमच अशा प्रकारचा सेट साकारण्यात आला असून त्याच्या माध्यमातून ‘हिंदुस्तान का संगीतस्थान’ हे अनोखे संगीतविश्व प्रेक्षकांसमोर जिवंत होणार आहे.

या पर्वात संगीतविश्वातील चार दिग्गज गुरु - शंकर महादेवन, कुमार सानू, नीति मोहन आणि जावेद अली यांची उपस्थिती विशेष आकर्षण ठरणार आहे. विविध संगीतप्रकारांतील त्यांच्या प्रदीर्घ अनुभवाचा लाभ स्पर्धकांना मिळणार असून ते केवळ सादरीकरणांचे परीक्षण करणार नाहीत, तर संपूर्ण स्पर्धेदरम्यान आपल्या ज्ञानाचा, अनुभवाचा आणि दृष्टीकोनाचा खजिना स्पर्धकांसोबत वाटून त्यांना मार्गदर्शनही करणार आहेत. यंदाच्या पर्वाचे सूत्रसंचालन अभिनेता श्रेयस तळपदे करणार असून त्यांच्या उपस्थितीमुळे या भव्य संगीतसोहळ्याला आणखी रंगत प्राप्त होणार आहे.

ह्या नव्या पर्वाविषयी बोलताना झी एंटरटेनमेंट एंटरप्रायझेस लिमिटेड (झील) चे मुख्य कंटेंट अधिकारी राघवेंद्र हुन्सूर म्हणाले, 

"‘सा रे ग म प’ हे झीने भारताला दिलेले सर्वात जुने आणि विश्वासार्ह वचन आहे. जवळपास तीन दशकांपासून ही मालिका अस्सल संगीत आणि खऱ्या गायक प्रतिभेचे प्रतीक म्हणून ओळखली जाते. या काळात तिने अशी कामगिरी केली आहे, जी कोणतेही व्यासपीठ किंवा कोणताही अल्गोरिदम करू शकत नाही. तिने भारतीय संगीताला स्वतःची प्रतिभा ओळखण्याची संधी दिली आहे. झीमध्ये आमचा विश्वास आहे की कोणतीही प्रतिष्ठित मालमत्ता काळानुसार विकसित होत राहिली पाहिजे आणि स्वतःला नव्याने सादर केले पाहिजे, पण त्याचवेळी तिला खास बनवणाऱ्या मूलभूत मूल्यांशीही प्रामाणिक राहिले पाहिजे. आम्ही केवळ काळाच्या ओघात महत्त्व टिकवून ठेवण्याचा प्रयत्न करत नाही, तर दीर्घकाळ टिकणाऱ्या सांस्कृतिक संस्था घडवतो.

यंदाच्या पर्वात आम्ही आणखी एक गायन रिअॅलिटी शो तयार करण्यापेक्षा संगीताला पूर्णपणे समर्पित असे एक संपूर्ण विश्व उभारण्याचा प्रयत्न केला आहे. आपल्या मातीशी आणि संगीताशी घट्ट जोडलेली नवी पिढी, त्यांच्या प्रवासाला दिशा देणारे आणि त्यांची प्रतिभा घडवणारे असामान्य संगीतगुरू, तसेच शंभरहून अधिक कलाकारांचा भव्य वाद्यवृंद, ज्यामुळे प्रत्येक आवाजाला त्याच्या स्वप्नांइतकीच मोठी झेप घेण्याची संधी मिळते. भारतीय संगीताची समृद्ध परंपरा आणि वैविध्य हे या पर्वाचे केंद्रस्थान आहे. संगीतकला ज्या भव्यतेची, दर्जाची आणि सन्मानाची हक्कदार आहे, तीच भव्यता, संगीतकौशल्य आणि वैविध्य या पर्वातून अनुभवायला मिळणार आहे. कारण आमच्या मते साधेपणा आणि भव्यता या परस्परविरोधी गोष्टी नाहीत. 

‘हिंदुस्तान का संगीतस्थान’ या संकल्पनेमागे हाच विचार आहे. हे असे पर्व आहे जिथे कलाकार, संगीतकार आणि स्वतः संगीतच केंद्रस्थानी असणार आहे. हे केवळ गायकांचा शोध घेण्याचे व्यासपीठ नाही, तर भारतीय संगीताला स्वतःचे घर सापडण्याचे ठिकाण आहे."

नवीन पर्वाविषयी बोलताना झी टीव्हीचे मुख्य चॅनल अधिकारी मंगेश कुलकर्णी म्हणाले, 

"झी टीव्ही आज प्राइम टाईममध्ये निर्विवादपणे आघाडीवर असून हिंदी जीईसी क्षेत्रातील अव्वल तीन कार्यक्रमांचे घर बनले आहे. हे यश आमच्या प्रेक्षकांनी दिलेल्या भरभरून प्रेमाचे प्रतीक आहे आणि त्यांच्या विश्वासासोबत येणाऱ्या जबाबदारीची जाणीवही करून देते. ‘सा रे ग म प’चा वारसा तीन दशकांहून अधिक काळाचा आहे. या प्रतिष्ठित कार्यक्रमाला पुन्हा प्रेक्षकांसमोर आणताना, त्याची ओळख आणि आत्मा कायम राखत त्याला त्याच्या भव्यतेला साजेशा नव्या स्वरूपात सादर करण्याचा आम्ही प्रयत्न केला आहे. म्हणूनच तो आजही भारतातील सर्वाधिक लोकप्रिय गायन मंचांपैकी एक आहे. ‘सा रे ग म प’सारख्या दैदिप्यमान वारशाला नव्याने सादर करताना प्रेक्षकांच्या अपेक्षा किती मोठ्या असतात याची आम्हाला पूर्ण जाणीव आहे. यंदाच्या पर्वात आमचा प्रयत्न केवळ त्या अपेक्षा पूर्ण करण्याचा नाही, तर त्या ओलांडण्याचा आहे. भव्य मंच, लाइव्ह कॉन्सर्टचा अनुभव देणारे सादरीकरण, 100 हून अधिक संगीतकारांचा थेट सहभाग आणि संगीत क्षेत्रातील दिग्गजांचा परीक्षक व मार्गदर्शक म्हणून सहभाग अशा प्रत्येक बाबीची रचना प्रेक्षकांना याआधी कधीही न अनुभवलेला संगीताचा अनुभव देण्यासाठी करण्यात आली आहे. मात्र, या सर्व भव्यतेच्या केंद्रस्थानी ‘सा रे ग म प’ची मूळ ओळख कायम आहे. हे असे व्यासपीठ आहे जिथे प्रतिभा स्वतः बोलते, स्वप्नांना स्वर मिळतात आणि संगीतच सर्वात महत्त्वाचे असते. म्हणूनच ‘सा रे ग म प’ हे ‘हिंदुस्तान का संगीतस्थान’ होते, आहे आणि कायम राहील."

ह्या नवीन पर्वाविषयी बोलताना हिंदी झी5 च्या बिझनेस हेड आणि अँड टीव्हीच्या मुख्य चॅनल अधिकारी कावेरी दास म्हणाल्या, 

"‘सा रे ग म प’ हा झीच्या नॉन-फिक्शन कंटेंटमधील मानाचा तुरा आहे आणि भारतीय मनोरंजनविश्वातील सर्वाधिक लोकप्रिय संगीत फ्रँचायझींपैकी एक आहे. अनेक दशकांपासून या कार्यक्रमाने प्रामाणिकपणा आणि असामान्य गायक प्रतिभेच्या शोधासाठी असलेल्या अढळ वचनबद्धतेच्या जोरावर आपला समृद्ध वारसा निर्माण केला आहे. प्रत्येक पर्वासोबत या कार्यक्रमाने स्वतःसाठी नवे मापदंड निश्चित केले आहेत आणि यंदाचे पर्वही त्याला अपवाद नाही. भव्य सादरीकरण, संगीतक्षेत्रातील दिग्गज मार्गदर्शक, तसेच मंचावर झळकणारी अप्रतिम प्रतिभा अशा प्रत्येक घटकाची रचना प्रेक्षकांना आतापर्यंतचा सर्वोत्तम अनुभव देण्यासाठी करण्यात आली आहे. आज प्रेक्षक अर्थपूर्ण, दर्जेदार आणि सांस्कृतिकदृष्ट्या जवळची असलेली मनोरंजन सामग्री शोधत असताना, ‘सा रे ग म प’ने आपले वेगळेपण कायम राखले आहे. यंदाचे पर्व या कार्यक्रमाचे भारतातील सर्वाधिक लोकप्रिय आणि विश्वासार्ह संगीत रिअॅलिटी फ्रँचायझी म्हणून असलेले स्थान आणखी मजबूत करेल, याची आम्हाला खात्री आहे. 

हिंदी झी5 साठी हा अभिमानाचा क्षण आहे की, अनेक पिढ्यांतील संगीतप्रेमींना प्रेरणा देणाऱ्या या प्रतिष्ठित कार्यक्रमाचे आम्ही डिजिटल घर आहोत. ‘सा रे ग म प’ आता आपल्या सर्वांत भव्य स्वरूपात परतत असताना भारतीय संगीताच्या समृद्ध वारशाचा गौरव करणारे आणि संगीत रिअॅलिटी मनोरंजनाची व्याप्ती व महत्त्वाकांक्षा नव्याने परिभाषित करणारे हे पर्व प्रेक्षकांपर्यंत पोहोचवण्यासाठी आम्ही अत्यंत उत्सुक आहोत."

‘हिंदुस्तान का संगीतस्थान’ सह सा रे ग म प आपल्या समृद्ध वारशाला नव्या युगात घेऊन येत आहे. एक असे जग जिथे कलाकारांवर प्रकाशझोत टाकला जातो, संगीतकारांच्या कलेला योग्य दाद मिळते आणि संगीताच्या महानतेला साजेशी भव्यता प्राप्त होते.

‘सा रे ग म प 2026’चा प्रीमियर होत आहे 19 सप्टेंबर 2026 रोजी; दर शनिवार आणि रविवार रात्री 9:30 वाजता फक्त झी टीव्ही आणि हिंदी झी5 वर!

A-ONE STEELS INDIA LIMITED (“ASIL” OR “COMPANY”) INITIAL PUBLIC OFFERING (“IPO” OR “OFFER”) TO OPEN ON SEPTEMBER 24, 2026;

A-ONE STEELS INDIA LIMITED (“ASIL” OR “COMPANY”) INITIAL PUBLIC OFFERING (“IPO” OR “OFFER”) TO OPEN ON SEPTEMBER 24, 2026;

 PRICE BAND FIXED AT ₹385-₹405

IPO comprises a Fresh Issue of equity shares of face value of ₹10 each aggregating up to ₹35,500 lakhs by the Company; and an Offer for Sale of equity shares of face value of ₹10 each aggregating up to ₹5,000 lakhs by the promoters of the Company, Mr. Sandeep Kumar, Mr. Sunil Jallan and Mr. Krishan Kumar Jalan, through book-building route 

ASIL proposes to utilize ₹25,000 lakhs from the Offer proceeds for pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by the Company, and to deploy the remaining funds for general corporate purposes and offer expenses

September 17, 2026: A-One Steels India Limited (“ASIL”), a Bengaluru-headquartered integrated steel manufacturer, announced that the Company’s initial public offering (“IPO”) will open for subscription on Thursday, September 24, 2026. The anchor investor bidding date is Wednesday, September 23, 2026, and the bid/offer will conclude on Monday, September 28, 2026. The Company receive ₹35,500 lakhs, through a fresh issue of equity shares, and aims to be listed on the BSE & NSE platforms. 

The price band for the Offer has been fixed at ₹385-₹405 per share, and bids can be made for a minimum of 37 equity shares equity shares of face value of ₹10 and multiples of 37 thereafter. Prabhudas Lilladher Capital Markets Private Limited and Khambatta Securities Limited are the Book Running Lead Managers (“BRLMs”), and Bigshare Services Private Limited is the Registrar to the Offer.

The IPO comprises a Fresh Issue of equity shares of face value of ₹10 each aggregating up to ₹35,500 lakhs by the Company and an Offer for Sale of equity shares of face value of ₹10 each aggregating up to ₹5,000 lakhs by the Promoters of the Company, Mr. Sandeep Kumar, Mr. Sunil Jallan and Mr. Krishan Kumar Jalan, through book-building route. At a higher end of the price band (“Cap Price”), (i) not more than 49,75,308 equity shares were allocated for Qualified Institutional Buyers (“QIBs”), out of which, in consultation with the BRLMs, upto 29,85,185 equity shares of face value of ₹10 have been allocated for the Anchor investors, (ii) not less than 14,92,593 equity shares of face value of ₹10 were allocated for Non Institutional Bidders (“NIBs”), and (iii) not less than 34,82,716 equity shares of face value of ₹10 were allocated to the Retail Individual Bidders (“RIBs”) . The Offer includes a reservation of up-to 49,382 equity shares of face value of ₹10 each for purchase by eligible employees (“Employee Reservation”). A discount of ₹38 per equity share is being offered to eligible employees bidding under the employee reservation category. 

According to Red Herring Prospectus, ASIL proposes to utilize ₹25,000 lakhs from the Offer proceeds for pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by the company and to deploy remaining funds for general corporate purposes and offer expenses.

ASIL is a backward/vertically integrated steel manufacturer with a diversified product portfolio comprising long and flat steel products, as well as industrial products. The Company and its subsidiaries operate six manufacturing units across Karnataka and Andhra Pradesh, comprising facilities located at Gauribidanur, Hindupur, Chikkantapur, Bellary, and Koppal with an aggregate installed capacity of 17,33,100 MTPA.  

The Company’s manufacturing facilities undertake complementary stages of the steel-manufacturing process. The Koppal facility manufactures sponge iron; the Gauribindanur and Hindupur plants manufacture MS billets and TMT bars; Bellary Facility I manufactures sponge iron, MS billets, HR coils, and HR (MS) pipes; Bellary Facility II manufactures galvanized pipes; and the Chikkantapur Facility manufactures met coke and ferro alloys.

ASIL’s TMT bars manufactured at its Gauribidanur Facility and Hindupur Facility have been certified as a green product by the CII – Green Products and Services Council and received GreenPro Ecolabel accreditation. Additionally, the Company’s HR coil and HR (MS) pipes in grades manufactured at out Bellary I Facility have also been certified as green products by the Confederation of Indian Industry - Green Products and Services Council under the GreenPro Ecolabel framework.

The Company received a Green Steel Certificate from the National Institute of Secondary Steel Technology, Mandi, Gobindgarh (India) for producing 1,80,351 tonnes of TMT Bars during Fiscal 2026, having an average emission intensity of 0.67t-CO2e/tfs. 

ASIL has also initiated the compliance process that enables Company’s steel exports to be accepted in the European Union under the Carbon Border Adjustment Mechanism (“CBAM”).

A-One Steel India is one of the steel industry players with lower emissions per tonne of crude steel and a higher share of renewable electricity usage. The Company has been awarded 5-star rating by the Ministry of Steel for its production facility in Chikkabalapur, Karnataka for the production of TMT bars. As of Fiscal 2026, 83.20% of the total power requirement for ASIL’s manufacturing facilities is met through the green energy, enabled the Company to save approximately ₹1.57 per unit in electricity cost during the Fiscal Year.

The Company sells its products through a combination of direct retail sales channels, authorised distributors, institutional customers and other intermediaries and trading channels. As of March 31, 2026, A-One Steels’ sales network comprised 1,246 direct retail sales channels, 32 authorised distributors and 57 institutional customers. 

A-One Steels India Limited commenced its operations in 2013 with the manufacturing of MS billets at its Gauribidanur facility. The Promoters of the Company are Mr. Sandeep Kumar, Mr. Sunil Jallan and Mr. Krishan Kumar Jalan. 

ASIL recorded ₹4,14,856.74 lakhs revenue from operations in Fiscal 2026, compared to ₹3,54,178.09 lakhs revenue from operations in Fiscal 2025. It has registered a profit after tax, after exceptional items, (PAT) of ₹12,740.82 lakhs in Fiscal 2026, compared to a profit after tax, after exceptional items (PAT) of ₹771.05 lakhs in Fiscal2025.

*Breath of Hope”: Mumbai Doctors Help Paralysed Man Breathe Independently After Six Months on a Ventilator*

*Breath of Hope”: Mumbai Doctors Help Paralysed Man Breathe Independently After Six Months on a Ventilator*

*Navi Mumbai* : In a remarkable neuro-rehabilitation success story, Wockhardt Hospitals Mumbai Central helped a 38-year-old man regain the ability to breathe independently after spending nearly six months dependent on a ventilator following a severe cervical spinal cord injury.

The patient, a resident of Hyderabad, had suffered a devastating cervical spinal cord injury following a major accident that left him paralysed below the neck. The injury resulted in complete loss of movement and sensation in his limbs and, most critically, took away his ability to breathe independently.

Initially admitted to an intensive care unit in Hyderabad, he spent nearly two months on continuous ventilator support and remained dependent on assisted breathing for almost six months despite treatment at multiple healthcare centers. Doctors had reportedly informed the family that prolonged ventilator dependence could be unavoidable.

Determined to explore further options, the family approached Dr. Manish Baldia, Consultant Functional Neurosurgeon at Wockhardt Hospitals Mumbai Central, known for his expertise in advanced neuromodulation and phrenic nerve stimulation procedures.

After detailed assessment, the patient was shifted to Mumbai under specialised medical supervision. Attempts to gradually reduce ventilator support revealed dangerously high carbon dioxide retention levels, confirming that he was still unable to breathe adequately on his own.

Following evaluation, Dr.Manish Baldia performed a highly specialised phrenic nerve stimulation procedure, an advanced intervention designed to stimulate the diaphragm by activating the phrenic nerve responsible for breathing.

The response was remarkable. Within just three to four days after the procedure, the patient began showing improvement, and by the third week he was stable enough to be shifted out of the ICU.

"In high cervical spinal cord injuries, communication between the brain and breathing muscles gets disrupted. Through phrenic nerve stimulation, we attempt to bypass that interruption and directly activate the diaphragm so the patient can gradually regain independent breathing," said *Dr. Manish Baldia, Consultant Functional Neurosurgeon, Wockhardt Hospitals Mumbai Central*.

He further added, "While this procedure does not reverse the spinal cord injury itself, restoring independent breathing significantly improves quality of life. It allows patients to communicate better, actively participate in rehabilitation and reduce prolonged dependence on critical care support."

Commenting on the significance of the case, *Dr. Virendra Chauhan, Centre Head, Wockhardt Hospitals Mumbai Central*, said, "This case reflects how advanced medical expertise and innovation can transform outcomes even in highly challenging situations. Such interventions are opening new possibilities in neuro-rehabilitation and bringing hope to patients and families facing long-term challenges."

Though the patient continues rehabilitation because of the severity of the spinal cord injury, the impact has been life-changing. He can now breathe independently, speak comfortably with his family and even sing again — something unimaginable just weeks earlier.

The case is believed to be among Mumbai’s first phrenic nerve stimulation procedures performed to restore independent breathing in a patient with severe cervical spinal cord injury, opening new possibilities in advanced neuro-rehabilitation in India.

The success story is now offering renewed hope to patients and families living with severe spinal cord injuries and prolonged ventilator dependence proving that even after months on a ventilator, breathing independence may still be possible.

Gleneagles Hospital Mumbai Unveils 15.59-Metre ‘Organ of Hope’ at Lalbaug, Earns Guinness World Records Title

Gleneagles Hospital Mumbai Unveils 15.59-Metre ‘Organ of Hope’ at Lalbaug, Earns Guinness World Records Title.

‘Organs of Hope’ campaign, supported by Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal, brings organ donation awareness to the heart of Mumbai during Ganeshotsav

In a unique coming together of faith, healthcare and community, Gleneagles Hospital Mumbai has unveiled a 15.59-metre fibreglass sculpture depicting multiple human organs at Lalbaug as part of its ‘Organs of Hope’ organ donation awareness campaign.

The initiative, undertaken with the support of Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal, aims to take the conversation around organ donation beyond hospital walls and into the heart of the community during Ganeshotsav.

The ‘Organ of Hope’ sculpture has achieved the Guinness World Records™ title for the “Largest Fibreglass Sculpture of Organs”, marking an important milestone for Gleneagles Hospital Mumbai and bringing greater visibility to the message of organ donation.

The support extended by Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal has been central to the initiative, providing a meaningful platform to bring the conversation around organ donation to thousands of people visiting Lalbaug during the festive period.

The campaign also brings together ZTCC, MOHAN Foundation, Narmada Kidney Foundation, Verma Trust, Donate Life Lunawa Helping Hands, ISCCM – Indian Society of Critical Care Medicine, Mumbai City Branch, along with students and faculty from Ramnarain Ruia Autonomous College, SNDT Matunga, Kirti College and Khalsa College, among others.

Through the campaign, volunteers and participating organisations are engaging with visitors, creating awareness about organ donation, addressing common myths and encouraging people to discuss their wishes with their families and consider taking an organ donation pledge.

Why ‘Organs of Hope’?

For Gleneagles Hospital Mumbai, ‘Organs of Hope’ is an extension of its responsibility as a healthcare institution to create awareness about a subject that can directly influence the lives of patients waiting for a transplant.

India has made significant progress in organ transplantation, but a considerable gap continues to exist between the need for organs and their availability. The Government of India has highlighted the continuing demand–supply gap, while NOTTO has identified challenges including limited awareness about brain-stem death, lack of awareness and attitudes towards organ donation.

The need, therefore, is not only for more transplant infrastructure and medical expertise, but also for greater public understanding and participation in organ donation.

For many people, organ donation remains a subject surrounded by questions, misconceptions and uncertainty. Conversations about donation often happen too late—or do not happen at all within families. NOTTO's public-awareness material specifically addresses common myths around organ donation and encourages people to understand the facts and communicate their wishes.

‘Organs of Hope’ has been created to help bridge this awareness gap.

By taking the message out of the hospital and placing it in the heart of a community gathering such as Lalbaug during Ganeshotsav, Gleneagles Hospital Mumbai aims to make organ donation a visible, understandable and meaningful conversation—one that begins with awareness, moves into families and can ultimately lead to informed decisions.

A Message of Hope in the Presence of Bappa

The presence of the ‘Organ of Hope’ sculpture at Lalbaug during Ganeshotsav gives the campaign a deeper significance, bringing a message of hope, compassion and giving to a space where people come together in faith.

Mr. Sudhir Salvi, Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal, said:

“Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal has always believed in bringing people together through faith, compassion and social responsibility. We are happy to support Gleneagles Hospital Mumbai in taking the important message of organ donation to the community. Organ donation is a beautiful expression of humanity—it can give someone waiting for a transplant another chance at life. We hope that this initiative inspires more people to speak to their families about organ donation and come forward for this noble cause.”

Taking Organ Donation Beyond Hospital Walls

Dr. Bipin Chevale, CEO, Gleneagles Hospital Mumbai, said:

“As a healthcare institution, we see every day how deeply the need for timely treatment and transplantation can affect patients and their families. With ‘Organs of Hope’, we wanted to take the conversation around organ donation beyond the hospital and into the community. The intention is to create awareness, address misconceptions and encourage people to have an open conversation with their families about their wishes. Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal has given us a truly meaningful platform to do this during Ganeshotsav. The Guinness World Records™ title is a proud milestone for Gleneagles Hospital Mumbai, but the larger purpose of this initiative is to spread awareness and inspire more people to consider the Gift of Life.”

Awareness as the First Step Towards More Donations

Dr. Bharat Shah, ZTCC, said “Awareness is an important step towards strengthening organ donation. People need to understand the importance of donation, overcome myths and concerns, and have informed conversations with their families. The ‘Organs of Hope’ campaign has taken this conversation directly to the community in a highly visible and meaningful way. The coming together of healthcare organisations, community institutions and educational institutions can help encourage more people to make informed decisions and come forward for organ donation.”

India Continues to Face a Significant Need for Donated Organs

According to data reported by the National Organ and Tissue Transplant Organisation (NOTTO), India recorded 20,019 organ transplants in 2025. As of March 3, 2026, 89,839 people were on the national waitlist for major organs, according to data reported on the NOTTO National Registry Portal.

At the same time, deceased-donor transplantation continues to account for a relatively smaller proportion of total transplants. Government data released in February 2026 stated that around 18% of transplants were being performed using organs donated after death.

These figures underline the importance of continuing to build awareness, understanding and public participation in organ donation.

‘Organs of Hope’ seeks to turn awareness into action by encouraging people to learn about organ donation, understand the facts, discuss their wishes with their families and consider making an informed pledge.

Healthcare, Community and Young Minds Come Together

The campaign brings together ZTCC, MOHAN Foundation, Narmada Kidney Foundation, Verma Trust, Lunawa Helping Hands, ISCCM – Indian Society of Critical Care Medicine, Mumbai City Branch, along with students and faculty from Ramnarain Ruia Autonomous College, SNDT Matunga, Kirti College and Khalsa College, among others.

Volunteers and participating organisations are engaging with visitors at Lalbaug, helping create awareness about organ donation and encouraging meaningful conversations around the subject.

Students have also contributed to the campaign through pledges, artwork, creative expressions and awareness activities, helping take the message beyond the campaign site and into their families, peer groups and communities.

From One Conversation to a Gift of Life

At its heart, ‘Organs of Hope’ is about starting a conversation that can begin with one person and reach an entire family.

For Gleneagles Hospital Mumbai, the campaign is an effort to bring healthcare awareness into the community and encourage people to understand that organ donation is not merely a medical subject—it is a conversation about compassion, generosity, responsibility and hope.

The 15.59-metre ‘Organ of Hope’ at Lalbaug is therefore more than a sculpture. It is intended to serve as a powerful reminder of the lives that can be touched when awareness leads to an informed decision.

With the support of Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal and its partner organisations, ‘Organs of Hope’ seeks to turn this public platform into a meaningful conversation—one that begins at Lalbaug, reaches homes and families, and keeps the Gift of Life at the heart of the message.

 

​

*Upendra Limaye and Jitendra Joshi Seek Lord Ganesha’s Blessings*

 *Upendra Limaye and Jitendra Joshi Seek Lord Ganesha’s Blessings*

Amid the auspicious and festive spirit of Ganeshotsav, the team of the upcoming Marathi film ‘Bandhu’ visited the renowned Bhausaheb Rangari Ganpati in Pune and sought the blessings of Lord Ganesha. The film, which is set to release on 20th November, stars Upendra Limaye and Jitendra Joshi in the lead as brothers, along with director Nitin Sindhuvijay Supekar, who offered prayers at Bappa’s feet. On the occasion, the film team was felicitated by Punit Balan.

Along with seeking Bappa’s blessings, Jitendra Joshi thoroughly enjoyed the soulful bhajans being performed in the devotional atmosphere. The ‘Bandhu’ duo, Upendra Limaye and Jitendra Joshi, were seen completely immersed in the rhythm and spirit of the bhajans. Later, Upendra Limaye, Jitendra Joshi and director Nitin Supekar came together to perform the Ganpati Aarti and seek Bappa’s blessings. A special poster of the film was also unveiled on the occasion, making this devotional moment a memorable one for the team ahead of the film’s release.

Presented by Rajat Bedi, the film is produced under the banner of JSD Studios in association with Triflix Entertainment. The film is produced by Pranav Desai, Juhi Desai and Kuldeep Sunil Ojha. The story, screenplay, dialogues and direction are by Nitin Sindhuvijay Supekar.

Bringing to the screen an emotional story of the unbreakable bond, love and affection shared between two brothers, ‘Bandhu’ is all set to meet audiences on 20th November.

*At Lalbaugcha Raja, Bhog Served in 100% Regenerative Tableware*

 *At Lalbaugcha Raja, Bhog Served in 100% Regenerative Tableware*

Mumbai's iconic Ganeshotsav pandal partners with CHUK to move bhog distribution away from single-use plastic

*Mumbai,* This Ganeshotsav, devotees coming to take the blessings of Lalbaugcha Raja are being served bhog on tableware that is 100% regenerative, leaving no residue in the environment unlike plastic. Every year, pooja mandals, civic authorities and devotees have been steadily shifting towards eco-friendly idols, natural materials and reduced plastic use across the ten days of celebration. The use of CHUK 100% regenerative tableware is in line with that shift.

These tableware are made from bagasse — a by-product of sugar industry. Once used, CHUK tableware composts back into the soil rather than persisting as waste for generations. Ordinary single-use plastic tableware is made from fossil fuels and can persist in the environment for hundreds of years. Based on this year's volumes at Lalbaugcha Raja, the switch to CHUK's compostable tableware is estimated to prevent generation of approximately 1580 kg CO2 equivalent.

“Compostable tableware at a pandal of this scale means thousands of plates go back to the soil instead of a landfill. We hope more mandals see it as a viable option and make the switch for their celebrations,” *said Mr. Shubham Tibrewal, Business Head – Food Services (Chuk), Pakka Limited.*

CHUK has been present at other major religious gatherings, including the consecration of the Ram Mandir in Ayodhya in January 2024 — where CHUK was the official compostable tableware partner for prasad distribution, chosen by the Ram Janmabhoomi Teerth Kshetra Trust. Mata Vaishno Devi Shrine Board has partnered with CHUK for serving pilgrims through the year. CHUK has also served at the Mahakumbh at Prayagraj and Jagannath Rath Yatra in Puri.