Saturday, September 17, 2022

Women Directors Conclave-2022

Women Directors Conclave-2022 

Women are far more capable than doing just “homework”: Ektaa Kapoor MD, and Creative Head, Balaji Telefilms Limited speaking at the Women Directors Conclave 2022

“Women are far more capable than doing just “homework”. There is enough talent the country has to offer. said Ektaa Kapoor, MD, and Creative Head, Balaji Telefilms Limited at the second edition of Women Directors Conclave 2022 organized by MentorMyBoard.

Ekataa Kapoor a keynote speaker at the Women Directors Conclave-2022 further said ,” Womens Directors Conclave is a great initiative by MentorMyBoard. Women are the untapped gender of our country. Women will only come into the foray if there is enough attention given to them by giving them leadership roles because once the woman is the leader she enables a lot more”

Divya Sameer Momaya, Founder & Director, MentorMyBoard, said “MentorMyBoard is a B2B2C-only governance tech platform in India that is creating a complete ecosystem for board leaders to nurture, upskill and grow. We are on a mission to build a community of 1 lakh directors, mentors, and corporates. our unique programs like the Board suite program, we handhold family businesses to transform and grow with governance.”

The panel discussion brought together leaders organizations, communities, and professionals to discuss women and their undeniable role in creating value for businesses, economies, and society at large. The discussions also highlighted the opportunities for women as independent board members are huge. There is a myth about the capabilities. It is the desire and dedication that matters. Acquisition of the right skills, connection with different boards, and knowledge are important to be a part of the corporate ecosystem. 

The objective of the event was to identify huge opportunities lying ahead for women board leaders and make them ready for challenges popping up in this VUCA and Agile World. The dignitaries shared insights about the way ahead for Women Directors as leaders of the future and also brainstormed on gaps in upskilling, cultural shift, diversity, and inclusion. Union Minister of Finance and Corporate Affairs Govt of India Smt Nirmala Sitharaman was the chief guest at the conclave.

The honarable finance minister launched the Women on Management & Board (WOMB) and felicitated the top women leaders.

About MentorMyBoard

MentorMyBoard, a subscription-based, B2B2C Governance Tech Platform with a digital community, is a revolutionary concept and the first-of-its-kind Platform for Board Leaders in India.

They firmly believe that in this age of growth, sustainability, and governance, businesses led by women have a huge potential to grow and emerge as successful future Corporate Houses. They are on a mission of creating ethical Boards and visionary directors, enabling/ empowering directors towards robust and insightful governance. They are facilitating Corporate boards, Directors, Independent Directors, Founders, Promoters, Startup Directors, Foreign Directors, Women Directors, and Aspiring Directors with the right platform to sharpen their boardroom skills and emerge as competent, board-informed, and board-ready leaders.

MentorMyBoard is aggressively working towards bringing more women into leadership roles by empowering them with the right technical as well as soft skills required for Board positions and Boardrooms.

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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...