Friday, June 21, 2019

Divyaj Foundation Hosts Yoga and Meditation Session for 650 + Differently-Abled People on International Yoga Day

Divyaj Foundation Hosts Yoga and Meditation Session for 650 + Differently-Abled People on International Yoga Day

Bollywood Actor Mr. Sunil Shetty Also Graced the Session

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Mumbai, 21st June 2019: Divyaj Foundation the brainchild of Mrs. Amruta Fadnavis, Banker and Social Activist, hosted an exclusive Yoga and Meditation Session for 650 + differently- abled people on the occasion of International Yoga Day, 21st June 2019.

The event witnessed the presence of Popular Bollywood Actor Suniel Shetty, Padmashree Ms Deepa Malik Arjun Award winner along with other dignitaries including Members of legislative assembly Maharashtra Mr. Mangal Prabhat Lodha (Mumbai) and Mr. Mahesh Landge (Pune), Mr. Mazhar Nadiadwala- Managing Director Dome.  

Speaking on the occasion, Popular Bollywood Cine Actor Mr. Sunil Shetty explained how Yoga helped him to get fit and develop a career. He urged all the participants to inculcate yoga in their life and reap the benefits.
The Yoga & Meditation Session was conducted by Health & fitness guru, Dr. Mickey Mehta & Mrs. Rajalakshmi Iyer.

Dr Mickey Mehta explained the importance of Yoga for healthy living and motivated the differently-abled people on how they can be self-reliant and play a key role in the society. The one-hour yoga session saw the participants performing various yoga poses under the guidance of Dr. Mickey Mehta.

Padmashree Ms. Deepa Malik, (international sportsperson par excellence and recipient of five prestigious President of India Awards and honors) spoke at length with all the differently abled participants and shared her life experiences. She gave the participants some simple suggestions and advise which will enable them to rise to their strengths and achieve success. All the differently abled participants could relate to her very nicely.

Mrs. Amruta Fadnavis commenting on the occasion, “the constitution of India ensures equality, freedom, justice and dignity to all citizens and implicitly mandates an inclusive society for all including the persons with disabilities.Differently abled citizens very much a part of the society. Differently abled does not mean unable. With their experiences, perspectives they are able to bring unique and innovative solutions to the various challenges they face in the society.  They should focus on their skills and strengths rather than their impairments. By embracing their differences, they should spark innovation while challenging assumptions and inspire change”

For the third year in succession Divyaj Foundation, under their vision of empowerment through inclusion has been celebrating YOGA date on 21st June. The previous year’s participants included children of farmers who had committed suicide and street children of Mumbai.

The core team of Divyaj Foundation consists of Mr. Sampath Iyer (Trustee), Mrs. Pallavi Shriwasta (Trustee) Mr. Kavin Shah (Core Member) Mrs. Rajalakshmi Iyer (Core Member). Mrs. Amruta Fadnavis and Advocate Shri Sunil Manohar are the advisors to the Foundation.

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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...