Wednesday, December 4, 2019

India-born Gurdarshan Mangat looking to extend his winning streak at ONE Championship
Mangat looks forward to visiting his roots in India

Kuala Lumpur, November 27: India-born Gurdarshan Mangat, who has placed the country on the Mixed Martial Arts map, will return to the ring on December 6 at ONE: MARK OF GREATNESS to meet Reece McLaren at the Axiata Arena here in Kuala Lumpur, Malaysia.

For the child of Indian immigrants, who is an epitome of courage, the journey had not been easy. The loss of his cousin, who had introduced him to MMA during his growing years in Canada, hit the shy boy hard. Not only that, he had to battle asthma from a young age as well as a hernia in the days leading up to his contest with MMA veteran Abro Fernandes at the Axiata Arena in July.

“You know what it feels like when you cannot get air and your lungs are compressed. People do not know how much work and effort I put into my endurance and my training to be able to show up and put on that kind of performance. It does not just come naturally to me,” said Mangat.

The 32-year-old also honed his skills sparring alongside reigning ONE Bantamweight World Champion Bibiano Fernandes and ONE Flyweight World Grand Prix Champion Demetrious Johnson. And that helped him achieve a decision victory over Fernandes to improve to 2-0 with ONE Championship and 15-2 overall in his career with his other victory being over MMA veteran Toni Tauru.

Now that he has proven his worth twice with ONE Championship, Mangat, who put together a stellar 6-2 mark as an amateur coming up through the ranks, is upbeat about his upcoming fight.

When the youngster was pushed off the track by depression and loneliness, it was champion Vitor Belfort’s healing words which lifted him and restored his self-confidence. Mangat also benefited from working with a sports psychologist.

“Now I am actually enjoying my career, it is because of ONE Championship. The way it is all set up, I know how many people are watching and what I represent to them. It inspires me to produce my best and the fan support encourages me to give more every time I enter the ring,” said Mangat, who looks forward to visiting his roots in India.

About ONE Championship™
ONE Championship (ONE) is the largest global sports media property in Asian history and the largest producer of millennial live sports content in Asia. Headquartered in Singapore, ONE is the Home of Martial Arts, and is the world's largest martial arts organization, hosting bouts across all styles of martial arts such as Muay Thai, Kickboxing, Karate, Kung Fu, Silat, Sanda, Lethwei, Mixed Martial Arts, Tae Kwon Do, Submission Grappling, and more. ONE host the biggest sports entertainment events across Asia, featuring some of the world's best martial artists and world champions on the largest global media broadcast in Asia. ONE Esports, a subsidiary of ONE Championship, runs Asia's largest global esports Championship Series with some of the biggest blockbuster game titles in the world. In addition to its digital

platforms, ONE Championship broadcasts to over 2.6 billion potential viewers across 140+ countries with some of the largest global broadcasters, including Fox Sports, ABS-CBN, Astro, ClaroSports, Startimes, Thairath TV, Skynet, Mediacorp, Great Sports, Tencent, Star TV, Mediaset Italia, ProSiebenSat.1, Dubai Sports, Turner Sports, and more.    


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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...