Friday, March 29, 2019


CAHO launches its initiative to improve patient’s safety and quality healthcare in India
Prominent hospitals of Mumbai join hands to address challenges of Quality Healthcare in India

Mumbai, 28th March, 2019: Creating positive outcomes for quality healthcare and upgrading patient safety standards in India will be the key agenda of the 5th International CAHOCON 2019 to be held in Mumbai for the first time. 

Themed around Healthcare Quality Should Impact Outcome, the conference will be held on April 13th -14th 2019 and is organized by Consortium of Accredited Healthcare Organizations (CAHO) to bring all accredited hospitals together. More than 600 delegates and renowned doctors will be sharing their insights at the prestigious conference. The initiative is supported by The International Society for Quality in Healthcare (ISQua), The Asian Society for Quality in Healthcare (ASQua) and Quality Council of India (QCI).

The initiative was launched in a press conference at Nanavati Super Speciality Hospital by esteemed doctors, Dr. PM Bhujang, President, Association of Hospitals, Dr. Rajendra Patankar, COO, Nanavati Super Speciality Hospital, Mr. Joy Chakraborty, COO, P D Hinduja Hospital & Medical Research Centre, Dr. Hiren Ambegaokar, CEO, S L Raheja Hospital, Dr. Sujit Chatterjee, CEO, L H Hiranandani Hospital, Dr. Anupam Karmakar, CEO, D Y Patil Hospital and Dr. Deepak Patkar, Medical Director, Nanavati Super Speciality Hospital.

“The aim of this conference is to bring all stakeholders across the healthcare spectrum on a common platform. There is an urgent need to audit healthcare delivery standards and accredit healthcare organizations based on the quality of healthcare they provide to patients. This conference aims at finding the ways and means to build a robust healthcare infrastructure in the country that adheres to global healthcare quality standards,” stated Dr. PM Bhujang, President, Association of Hospitals.

“Quality healthcare forms the foundation of a healthy society and a growing economy. We need to ensure that there is no compromise with healthcare standards and people from all strata of society have access to best healthcare systems. Through an accredited healthcare ecosystem, we intend to standardize healthcare procedures and train healthcare professionals in practices and processes to provide state-of-the-art healthcare to the citizens of the country,” stated Dr. Rajendra Patankar, COO, Nanavati Super Speciality Hospital.

Workshops and training programs will be organized across all the major hospitals in Mumbai for staff involved in clinical, diagnostics, nursing, and general and support services. A separate Masterclass has been organized on April 12 in leading hospitals of Mumbai including Nanavati Super Specialty Hospital, Hiranandani Hospital, Bombay Hospital, Kokilaben Dhirubhai Ambani Hospital, Hinduja Hospital, Saifee Hospital, D Y Patil Hospital and Wockhardt Hospital. Topics to be covered include Process Re-engineering, Hospital planning, Nursing Communication, Cyber Security and Infrastructural Safety.

With a view to sensitizing medical personnel to the changing requirements and understand them, CAHO has been conducting programs to train doctors, nurses and administrators. CAHO intends to increase the frequency of these programs to provide training in the areas of quality implementers, fire safety, hospital infection control, disaster management and many others which have already become very popular.

Leveraging social media is very important to increase the outreach towards stakeholders across the healthcare ecosystem. CAHO has an active online presence through its website and Facebook. They also conduct regular webinars. Trained persons are regularly interacting on WhatsApp groups which are strictly for academic activity.

About CAHO:
With a growing number of healthcare organizations achieving NABH, NABL and JCI accreditation, there has been a need for a common platform that will facilitate communication amongst the accredited HCOs, share best practices, and provide benchmarking, while promoting and continuously improving the quality and safety of healthcare services provided by the HCOs across India, in collaboration with all stakeholders. The Consortium of Accredited Healthcare Organisations (CAHO) is a not-for-profit society that was formed to fulfill this need. The primary objective of CAHO is to promote collaboration among accredited hospitals and laboratories to initiate efforts to improve healthcare quality and to work closely with NABH and NABL.





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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. 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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...