Monday, July 22, 2019

Press Release: World For All, Pedigree and METRO Cash & Carry join hands for Pet adoption drive in Mumbai

Press Release: World For All, Pedigree and METRO Cash & Carry join hands for Pet adoption drive in Mumbai

 

World For All, Pedigree and METRO Cash & Carry join hands for Pet adoption drive in Mumbai

Mumbai, July 20, 2019: Driven by a mission to provide a home to homeless stray animals and drive responsible pet ownership, World For All along with Pedigree (the leading pet food brand of Mars India ) and METRO Cash & Carry launched a two  day  ‘Pet Adoption ’ in Mumbai  on 20th and 21st July  2019 .  


The Pet adoption drive was conducted at METRO Cash & Carry, Borivali and was attended by Mr Taronish Bulsara, Co founder & President,  World For All Animal Care And Adoptions and Mr. Nitin Kulkarni, Director- Corporate Affairs Mars India. The Pet adoption drive received stupendous response from pet lovers and potential pet parents.  



World For All  has been actively promoting adoption program for the past few years. The adoption drive will further help create awareness on pets besides inform, educate and interact with potential petparents who are keen to adopt Indian dogs as pets..

Taronish Bulsara, Co founder & President, World For All Animal Care And Adoptions  says, “ Adoption of rescued animals is the way forward to building a society where humans and animals co-exist respectfully. If we each adopt in 1 community animals than the roads will be free from road kills. Studies also show that a child that grows up with pets develops a sense of responsibility and confidence thus having a positive impact on their personality. Growing up with pets also means that you will have stronger immunity when compared to a non-pet parent. Dogs and cats are also known to be therapeutic in the sense that having them around controls blood pressure, lowers the risk of depression and helps a person to cope up with the hectic and pressurizing lifestyle that we all are living in.

Our mission is for people to be more aware about the benefits of adoption and also educate them on the right practices that will nature their relationship with their pets. All the puppies and cats adopted from us have had such a positive impact on their new family and we only see the bound get closer. Come and meet out team and get to know more about these puppy faces. We would like to appreciate Pedigree and Metro from teaming up to support such a big cause. Such brands are examples

Congratulating the drive, Mr. Nitin Kulkarni, Director- Corporate Affairs Mars India says “Pedigree is delighted to partner with World for all to adopt in their efforts to provide forever families to the homeless dogs. World For All  has extended help to over 150 and counting sick and injured animals and birds till date. We at Mars believe that “Pets make the world better” and our goal is to make the “World better for Pets”. The pet adoption at Mumbai  is one such significant step in our efforts to encourage people to adopt Indian dogs and provide them loving homes. It is a perfect demonstration of putting our Principles into Action, and we are committed to support World For All  and such organizations to help drive adoption. We are pleased in looking forward to such associations in future as well.”  

“Adopting and looking after a pet is a huge commitment. We are delighted to be associated with ‘World For All  and Pedigree in their efforts to provide a loving and caring home to many homeless stray animals, and educating adopters to be more responsible. There are several roadside stray animals living in appalling conditions subject to starvation and dehydration. Only a handful of them get saved by the animal rescuers while the rest are largely ignored. As an organization, we believe in an inclusive society, and encourage more and more pet lovers to join this movement and be a part of this adoption drive.”-  Spokesperson , METRO Cash & Carry.


About World For all
World For All is a registered organization [Reg.no: E-2754(M) which was founded in 2009, keeping in mind the limitations and challenges faced by our current system, specifically with a focus on stray animal adoptions. Since its inception, WFA has organized over 7,500 stray animal adoptions, attended to over 12,000 emergency scenarios, have carried out more than 8,500 sterilizations of canines and felines and have instilled a sense of compassion for 4,200 children through our Teach Co Exist program.

About Pedigree
The Pedigree brand is a globally established pet care brand, manufactured and marketed in India as Mars International India Pvt. Ltd (MIIPL) a fully owned subsidiary of Mars Inc.  Mars Inc. is the leading manufacturer of pet food, pet care, snack food, and food products. The company is present in over 80 countries through a popular rang of brands like Pedigree, Whiskas, Mars, Snickers and M&M’s, Wrigley’s to name a few. Mars entered the pet food market in India in 2001, starting from importing pet food from other countries. However, soon it established their own manufacturing unit and started manufacturing Pedigree products in India in 2002-03.

Pedigree plant is located at Wargal village, 53 Kms. from Hyderabad in Telangana District. Spread across -26 acres, the plant is operating at 90% capacity utilization. Pedigree distribution network is spread over 150 towns and 30000 plus outlets in India.

About METRO Cash & Carry
METRO Cash & Carry operates in 25 countries over 750 wholesale markets with about 108,000 employees worldwide. In financial year 2016/17 it generated sales of about €30 billion. METRO Cash & Carry is the wholesale division of METRO, a leading international specialist in wholesale and food retail. The company METRO operates in 35 countries and employs more than 150,000 people worldwide. In financial year 2016/17, METRO generated sales of around €37 billion. The company provides custom solutions to meet the regional and international needs of its wholesale and retail customers.
METRO Cash & Carry entered the Indian market in 2003. The company currently operates twenty-seven wholesale distribution centers under the brand METRO Wholesale including six in Bangalore, four in Hyderabad, two each in Mumbai and Delhi, and one each in Kolkata, Jaipur, Jalandhar, Zirakpur, Amritsar, Vijayawada, Ahmedabad, Surat, Indore, Lucknow, Meerut Nasik and Gaziabad.  For further information, log on to www.metro.co.in

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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...