Saturday, May 13, 2017

MYANMAR ACADEMY AWARD WINNER, INTERNATIONAL STAR LU MIN OPENS UP ABOUT HIS FIRST TRYST WITH INDIA

Myanmar Academy Award Winner, International star Lu Min is on his maiden visit to India and has already caught the nation's attention. After making their presence felt at Myanmar film & television fraternity, multi facet Director, Actor & Producer Lu Min wishes to glory the Myanmar film Industry on International soil.

The Press Conference saw the presence of  Shweta Khanduri and Premal Badiani. 
 
Having done over 1000 films in his career , Lu Min's visit to India doesn't come as  a surprise. The actor has multiple reasons for his latest tryst to the country "Firstly,  I have never seen a reception, entering a country, like I saw after coming out from the plane. The music, the culture, the fact that people were so happy to celebrate the culture, it's a beautiful thing. It was a wonderful reception. I've always wanted to come to India. In my field, if it's not work related, you never get to go to a place. The fact that I got to come to India is something I'll always cherish. I am so excited to be here. The excitement, the enthusiasm, the kindness and the energy level of this city is incredible"

"I see cultural & emotional similarities between both the countries" says the actor who recently got the rights to remake the John Abraham & Nana Patekar's blockbuster hit Taxi No. 9211 in Myanmar "John Abraham & Nana Patekar are great actors who made a historic film. One of the genres explored in Myanmar is comedy & Taxi No. 9211 is a full on Hindi film pot boiler with comedy, drama & much more. It is my pleasure to be able to make a film of such a stature in Myanmar"

In the present Myanmar landscape, Director, Actor & Producer Lu Min is definitely one of the elite names in the business. He undoubtedly has the highly coveted quality of being respected dramatic thespian, hence the star plans to open his own Production Company on a very large scale & wishes to produce entertaining, uplifting content that combines excellent storytelling and superior acting talent with manageable budgets.

"Citizens of Myanmar are extremely fond of films & entertainment but sadly we are not exposed to it as much as we should. Myanmar is a country of 50 million people with only 42 cinema halls & 5 channels on television. As an actor & a person with immense love for films & his country I wish to broaden the horizon & bring not only quantity but quality entertainment to Myanmar. Due to lack of exposure to good content, people resort in unethical practices like piracy which breaks my heart" says Lu Min, member of Censor Board, Myanmar who gives  a special mention to MIG company whose chairman Guy Eugene is instrumental in bringing a revolutionary change in the infrastructure- Multiplexes etc. of the Myanmar. 
 
"I would like to take this platform to invite Bollywood to my city to shoot  & explore opportunities.  We will not leave any stone unturned to make it as simple as it can get for them. From physique locations, to production, equipment the film fraternity will provide you with the best possible. I hope & wish to have a fruitful relationship between Myanmar film industry & Bollywood " adds Lu Min.

Displaying 1. Lu Min addressing Press conference KPP_4885.JPGDisplaying 2. LU MIN  ( Myanmar Academy Award Winner, International Star ) KPP_4912.JPGDisplaying 4. Shweta Khanduri KPP_4855.JPGDisplaying 5. Premal Badiani KPP_4916.JPGDisplaying 6. Premal Badiani with Shweta Khanduri KPP_4951.JPG

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Adroit Industries (India) Limited IPO Opens on Wednesday, September 23, 2026 Total Offer Size- Up to 1,12,47, 000 Equity Shares of face value of ₹10 each Fresh Issue Size - Up to 98,97,000 Equity Shares OFS size - Up to 13,50,000 Equity Shares Total Size - ₹ 150.71 Crore (At Upper Price Band) Price Band - ₹ 126 - ₹ 134 per share Lot Size – 111 Equity Shares Mumbai, September 21, 2026 - Adroit Industries (India) Limited is a vertically integrated manufacturer of propeller shafts and torque-transmission components with over four decades of operational experience, serving automotive, primarily commercial vehicles, and non-automotive applications, including defence and emergency services, heavy equipment and off-highway machinery and industrial equipment across more than 32 countries, proposes to open its Initial Public Offering on Wednesday, September 23, 2026 aiming to raise ₹ 150.71 Crores (At Upper Price Band), with shares to be listed on the BSE & NSE. The offer size is up to 1,12,47,000 Equity Shares with a face value of ₹10 each with a price band of ₹126 - ₹134 Per Share. Equity Share Allocation QIB Portion – Not more than 50.00% of the Offer Non-Institutional Investors - Not less than 15.00% of the Offer Retail Individual Investors - Not less than 35.00% of the Offer The net proceeds from the IPO will be utilized for funding capital expenditure by the company towards procurement of machinery and equipment for enhancement of operations at the Dewas Facility and transportation vehicles for movement of goods between the manufacturing facilities, investment in its subsidiary Adroit Driveshafts Private Limited for capital expenditure towards machinery and equipment at the Pithampur Facility and transportation vehicles for movement of goods between the manufacturing facilities, investment in the subsidiary for repayment or pre-payment, in full or in part, of certain outstanding borrowings availed by it, and general corporate purposes. The anchor bidding is on Tuesday, September 22, 2026. The offer will open on Wednesday, September 23, 2026 and will close on Friday, September 25, 2026. The Book Running Lead Manager to the Offer is Choice Capital Advisors Private Limited and the Registrar is Bigshare Services Private Limited. Mr. Saurabh Sangla, Chairman and Managing Director of Adroit Industries (India) Limited “expressed, The upcoming IPO marks a new phase for the Company. Over the years we have built vertically integrated capabilities spanning forging, precision machining, heat treatment, assembly, balancing and testing, and expanded our portfolio to over 5,000 SKUs of driveline components supplied to customers in more than 32 countries. Going forward, our focus will be on strengthening capacity across our manufacturing facilities, improving operational efficiency, deepening engagement with the Distributors, OEMs and Tier-1 customers across our export and domestic markets and broadening our automotive and non-automotive applications. The IPO will support our plans as we continue to strengthen the business and pursue long-term growth.” Mr. Ratiraj Tibrewal, Director of Choice Capital Advisors Private Limited said, “Adroit Industries (India) Limited has built an export-led driveline business over four decades, with vertically integrated manufacturing and a diversified customer base across automotive and non-automotive applications. The upcoming IPO marks an important step in the Company’s journey as it enters the public markets. We believe the Company’s integrated manufacturing capabilities, long-standing customer relationships and expanding product portfolio provide a foundation for its next phase of growth. We are pleased to be associated with Adroit Industries (India) Limited as it takes this step towards becoming a publicly listed company.” About Adroit Industries (India) Limited Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts – also known as drive shafts or cardan shafts – and related torque-transmission components. Its portfolio spans over 5,000 SKUs of driveline components, including propeller shaft assemblies, yokes, shafts, companion flanges, universal joints and accessories, supplied to automotive applications, largely commercial vehicles and SUVs, and to non-automotive applications spanning defence and emergency services, heavy equipment and off-highway machinery and industrial equipment. The Company operates three manufacturing facilities in Madhya Pradesh – Dewas Facility i.e for die making and forging processes, Pithampur Facility for machining and assembly, operated by its subsidiary Adroit Driveshafts Private Limited, and Sanwer Road Facility for certain finishing operations– with end-to-end in-house capabilities covering forging, precision machining, heat treatment, assembly, balancing and testing. The facility is certified under IATF 16949, ISO 9001, ISO 14001 and ISO 45001. With operations commencing in 1966, the Company has evolved into an export-led driveline components manufacturer, with 95.39% of Fiscal 2026 product sales derived from outside India across more than 32 countries, supported by a Canadian subsidiary for North American customer engagement, and serving 185 customers in Fiscal 2026 through distributors, Tier-1 driveline component suppliers and OEMs. In FY26, The Company achieved a Revenue from operations of ₹1,399.43 million, EBITDA of ₹387.10 million & PAT of ₹261.58 million. 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.

Adroit Industries (India) Limited IPO Opens on Wednesday, September 23, 2026 Total Offer Size- Up to 1,12,47, 000 Equity Shares of face valu...