Monday, November 14, 2022

Born To Shine announces its 30 prodigy winners!

 Born To Shine announces its 30 prodigy winners!

Born To Shine aims to nurture 30 girl child prodigies & empower them to pursue their talent in the field of art and culture



Born to Shine – ZEE’s flagship CSR initiative in partnership with GiveIndia, today felicitated top 30 girl child prodigies at an event hosted in Mumbai. It was an evening of celebrating Indian art forms and stories of talented girl child prodigies who will receive support to hone their talent through the scholarship and mentorship program. The Sarod icons, Amaan Ali Bangash and Ayaan Ali Bangash; ace violinist Dr. Sangeeta Shankar and her daughters, Ragini and Nandini; and the renowned dancer Guru Shubhada Varadkar performed at the event to encourage the winners.

 

Punit Goenka, Managing Director and Chief Executive Officer, Zee Entertainment Enterprises Limited, Zarina Screwvala, Managing Trustee & Director, Swades Foundation; Dr. Bindu Subramaniam, Co-Founder & CEO, Subramaniam Academy of Performing Arts; Samara Mahindra, Founder & CEO, CARER; and Rupak Mehta, Founder, Brahmnaad Cultural Society graced the jury panel and were spellbound by the impeccable talent showcased throughout the evening. The prodigies were individually felicitated by the jury members.

 

Launched in May 2022, the scholarship program’s mission is to nurture girl child prodigies and empower them to pursue their talents in the field of art and culture. The program, open for girl child prodigies between the age of 5 to 15, received more than 5,000 eligible applications across the country and the shortlisted candidates were auditioned across 8 cities.


 

Speaking at the inaugural event, Punit Goenka, MD and CEO, Zee Entertainment Enterprises Limited said, “For us to truly succeed as a Nation, we must nurture girls and their unique abilities, for they are the pride and future of our country! At ZEE, we are humbled to have played a small part in inspiring this change, not only by breaking stereotypes through our content on screen, but even through various social initiatives that champion the cause of women and girls at a grassroot level. ‘Born to Shine’ is yet another effort from our end to enrich the lives of girl children, by being the wind beneath their wings and serving as a springboard to their success. I truly hope that this initiative helps the 30 selected girl child prodigies pursue their passion and achieve immense success; and as a result, give the rich arts and culture across our country, a new lease of life.”

 

The evening was dedicated to celebrating the beauty and the different hues of Indian art and culture. Speaking on the occasion, an overwhelmed Dr. Bindu Subramaniam said, “I think talent is prevalent everywhere, and what children need are opportunities. I think Born to Shine is a great way to find and mentor talent from underserved communities, which is something that I and SaPa have always felt is important. I’m grateful to be able to contribute to this project and can’t wait to meet the talent that is out there.”

 

Samara Mahindra was all praises for the parents who dedicate their lives to mentor and mould their child’s talents into a sustainable and refined form. “Indian culture is one of the oldest in the world and can be traced back to pre-historic settlements as early as the 3rd millennium. Programs like these which encourage the youth are imperative to give the fine arts system the importance it deserves. Additionally, it’s essential to help stay connected with our roots and take pride in doing so.”

 

Zarina Screwala expressed," I would like to congratulate ZEEL and GiveIndia for this one-of-a-kind scholarship program that aims at empowering young girls to pursue art and culture. Art is not objective, with a set algorithm to deliver the end product. It encompasses a lot of intangibles like imagination, empathy, perseverance, and patience. I hope that with endeavours like Born To Shine, our society starts accepting artforms as a career option soon!



 

Rupak Mehta added, "In today's dynamic world, ideas like BORN TO SHINE are the need of the hour because these young talented minds need a professional setup and mentoring to sustain their art in the longer run. This scholarship and the mentorship program are like a blessing!

 

Talents have been revered and celebrated for eons in our culturally rich nation. But, not many have come forward to champion a cause for girls, especially for the ones who show immense promise at an early age. ZEE’s flagship CSR program - Born To Shine is indeed a harbinger of hope for the aspirants of our society.

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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...