Thursday, December 19, 2019

BISLERI’S INITIATIVE - BOTTLES FOR CHANGE INSTALLS RECYCLED BENCHES MADE OUT
Bisleri's initiative - Bottles for Change installed recycled benches made out of plastic and a bin at Santacruz Railway Colony in Mumbai today. 

Sharing the post event information along with the images below for your reference. 

We would be grateful if you could consider featuring the same or if you wish to interact with the Spokesperson from Bottles for Change, please let us know. We will be happy to liaison the same. 


BISLERI’S INITIATIVE - BOTTLES FOR CHANGE INSTALLS RECYCLED BENCHES MADE OUT OF PLASTIC AT SANTACRUZ RAILWAY COLONY, MUMBAI

~ Bottles For Change, A Plastic Recycling Initiative by Bisleri Has Made Tremendous Progress In One Year Alone And Aims To Further Introduce Various Platforms And Spread The Awareness About Plastic Recycling To Reach Out And Engage More Citizens For A Cleaner Environment ~

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December 2019, Mumbai: Bottles for Change Program that aims to educate citizens about the importance of recycling plastic has installed two benches made out of recycled plastic at Santacruz Railway Colony, Mumbai on 21st November 2019 in alignment with 'Swatchha Bharat Abhiyan'. The event began with welcoming Smt. Archana Gupta- President, WR Women’s Welfare Organisation followed by an awareness session by a representative of Bottles for Change. The Guest of Honour, Smt. Archana Gupta with Santosh Darne- CSR Head, Bisleri International Pvt Ltd inaugurated the recycled bench and Bottles for Change bin at the railway colony today.

Recently, Western Railway participated in the awareness seminar on ‘Used Plastic Management’ in association with Bottles for Change which was held at Lower Parel and Mahalaxmi, Mumbai in August & September 2019.

As an appreciation gesture, M/s Bisleri International Private Limited placed three recycled benches as a part of its CSR initiative at Churchgate Station and now at Santacruz Railway Colony, Mumbai. The recent installation by Bottles for Change at Churchgate Station, Mumbai under ‘Passenger Amenity’ has received an overwhelming response by thousands of commuters. This joint initiative by Bottles for Change and Western Railway strives to set an example of participative social responsibility sharing in the field of ‘Swachh Bharat Abhiyan’ by ‘The Government of India’.

Bottles for Change aims to educate the public to avoid treating plastic as waste and highlighting the importance of sending plastic objects for recycling which will eventually lead to a cleaner environment.  As a part of social responsibility, Western Railway associated with Bottles for Change to further educate citizens about the effective and the correct ways to dispose of plastic in alignment with ‘Swachch Rail – Swachch Bharat’ Abhiyan’.
Additionally, Bottles for Change has introduced a Mobile App for the citizens of Mumbai which aims to bring the citizens and the Plastic Collecting Agents (Kabadiwallahs/NGOs) under one roof.

The app provides a hassle-free option to the citizens to search and approach a nearby plastic agent to handover the clean plastic. The plastic agents will, in turn, sell the used clean plastic to the recyclers who will make recycled products from the same.

Process of making Recycled Plastic benches by Bottles for Change:
Recycled Plastic benches by Bottles for Change are made from post-consumer mix plastics i.e. MLP, Plastic bags/pouches and such soft plastics. The plastic is first shred into small pieces,  the shredded pieces spread  in a tray of required thickness and this tray is further fed into an oven and heated to a particular temperature, then compressed and cooled to  form a  homogenize Board. The board of size 8 ft x 4 ft is then cut in a CNC machine into desired sizes and shapes and the bench is assembled. Approx. 40-50 Kg of soft plastic goes to making of one bench.  Having made from plastic, it is waterproof and ideal for Outdoor locations.

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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...