Tuesday, November 19, 2019

RBS Earth Heroes Awards Honour the Impact-makers in Climate Change

New Delhi, 11 November, 2019: RBS India, the innovation and operations hub of RBS, announced the winners of the 9th edition of the RBS Earth Heroes Awards (REHA), who have made a significant mark in the space of “Climate Change” – the theme for the 2019 awards.

The Awards are an attempt to recognise the grit and determination of individuals and institutions who went beyond their call of duty with an aim to preserve and protect our environment. The seven winners were felicitated in the presence of Shri Babul Supriyo, Union Minister of State for Environment, Forests and Climate Change; Prof Ramesh Chand, Member NITI Aayog; Shri Siddhanta Das, Director General of Forests and Special Secretary to the Govt., senior officials, awards jury, and guests, for their indomitable commitment to save the planet’s ecological assets.

Shri Babul Supriyo said, “I commend the awards organisers and the jury for really seeking out ‘unsung heroes’ from the nook and corners of the country. The seven award winners this year from Forest Guards to Members of Parliament and Researchers to Civil Societies, and individuals from various walks of life, truly reflect the commitment of India’s citizens to protect our natural heritage”.

Shri N Sunil Kumar, Head of Sustainability, RBS India and CEO, RBS Foundation India, said, “Coming in the wake of the recent UN General Assembly’s Special Session on Climate Change, and the signing up for ‘Responsible Banking’ at the UN, the Awards serve to demonstrate the stellar contributions these heroes have made in conserving forests, marine life, and other ecosystems for climate mitigation.”

The winners of the 2019 RBS Earth Heroes Awards are:

REHA Winners
Location
Award Category
Bholu Abrar Khan
Bharatpur
Award Category – Green Warrior
Dimbeshwar Das
Assam
Award Category – Green Warrior
Ela Foundation
Pune
Award Category – Earth Guardian
Aishwarya Maheshwari
Uttar Pradesh
Award Category – Save the Species
S. Sathish
Tamil Nadu
Award Category – Save the Species
Jalal Ud Din Baba
Kashmir
Award Category – Inspire
Pramila Bisoyi
Odisha
Award Category – Lifetime Achievement

Shri Pankaj Phatarphod, Country Head of Services and Managing Director, RBS India said, “Climate change is real, and the consequences of climate change and the planet’s depleting natural resources are much closer than we think. It is our duty to protect our planet, not only for us but for future generations too. The RBS Earth Heroes Awards’ journey has been humbling and inspirational. It allows RBS an opportunity to study and honour individuals and entities for their relentless work in conservation and sustainability. It is, indeed, a privilege for us to be hosting these awards each year. It is important that we recognise these individuals who have taken upon themselves, the duty of protecting our natural heritage, with some of them risking and sacrificing personal assets and wellbeing – it is a true celebration of India’s spirit of public service.”
RBS Earth Heroes Awards were institutionalised in 2011 to provide a national platform to those individuals and institutions that have espoused and undertaken actions to protect our endangered forest, wetlands, and other natural ecosystems. The award winners were selected by an independent jury comprising eminent personalities from conservation science and management, media, and the government.

RBS set up the RBS Foundation India in 2007 to strengthen communities, improve livelihoods, and promote conservation in over 1,100 villages since its inception. The Foundation’s 22 projects across Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Madhya Pradesh, Gujarat, Rajasthan, Odisha, West Bengal, Uttarakhand, Jammu & Kashmir, and Uttar Pradesh, continue to benefit over 1,00,000 families.




About The Royal Bank of Scotland (RBS)
RBS is a UK-based banking and financial services company, headquartered in Edinburgh.
RBS provides a wide range of products and services to personal, commercial and large corporate, and institutional customers through its two main subsidiaries, The Royal Bank of Scotland and NatWest, as well as through other well-known brands, including Ulster Bank and Coutts.









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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...