Monday, August 7, 2023

Actor Vicky Kaushal graces Jewellers for Hope charity event and accepts donation on behalf of ‘Relief Projects India’ NGO

 Actor Vicky Kaushal graces Jewellers for Hope charity event and accepts donations on behalf of ‘Relief Projects India NGO

GEM & JEWELLERY EXPORT PROMOTION COUNCIL




GJEPC's Jewellers for Hope Charity Fundraiser Supports Women Empowerment and Child Education: contributes to 'Relief Projects India' NGO in its 8th Edition

·         Leading Actor Vicky Kaushal graces Jewellers for Hope charity event and accepts donations on behalf of ‘Relief Projects India NGO

·         GJEPC has helped raise funds for 13 NGOs over the last 7 years, positively impacting millions of lives.

 

6th August 2023, National:  The Gem & Jewellery Export Promotion Council (GJEPC) proudly hosted the 8th edition of its esteemed charity dinner, 'Jewellers for Hope,' at a glittering event attended by industry leaders and philanthropists. Backed by lead partner - De Beers; Associate Partner – World Gold Council; and powered by GIA; the 'Jewellers for Hope charity event once again garnered overwhelming support from Jewellers, Diamond Exporters, retailers, and global associations. The proceeds of the charity dinner were donated to Relief Projects India, a leading NGO focussed on women-child-centric issues and education. 

 

Leading actor Vicky Kaushal personally attended this event on behalf of Relief Projects India and spoke about the organisation and the impact it has created in India. Relief Projects India is a dedicated non-profit Trust committed to making a positive impact on the lives of the less fortunate through education, health, and awareness initiatives. The NGO's primary focus lies in addressing critical issues such as female infanticide, foeticide, boy-child preference, and the challenges faced by women and children in rural villages.

 

Addressing the attendees  Vicky Kaushal said, “I would like to extend many thanks and gratitude to Jewellers for Hope and The Gem and Jewellery Export Promotion Council for recognising and supporting a cause which is so close to my heart - Relief Projects India (RPI).  I am extremely proud of the work that RPI has put in over the years for their education programme - Mountain View School, which is dedicated to providing quality education and a safe environment to all underprivileged kids in the area. I hope and wish that you all continue your support towards all such noble causes in the years to come as well.”

 

Vipul Shah, Chairman, GJEPC said, "Since its inception, the gem and jewellery industry has been at the forefront of Corporate Social Responsibility (CSR) initiatives, embracing the ethos of giving back to society and fostering unity for a common cause. Through the noble platform of 'Jewellers for Hope,' the Council has championed several meaningful causes, encompassing education, women's empowerment, sanitation, and more. This year, we are delighted to extend our support to Relief Projects India. Their dedication to addressing critical issues such as female infanticide, foeticide, boy-child preference, and the challenges faced by women and children in rural villages resonates deeply with our values. By working together, we firmly believe that we can create a powerful force for change, fostering positive transformation and leaving a lasting impact on the lives of those in need.”

 

Paul Rowley, Executive Vice President, Diamond Trading, De Beers Group, said, “Diamonds for development makes the world shine like diamonds and this shine can be brighter than the sun through initiatives such as GJEPC’s Jewellers for Hope. The jewellery business is privileged enough to bring smiles to people’s faces every day. The jewellery business celebrates people's relationships and magical moments and initiatives such as Jewellers for Hope bring joy and happiness to them. De Beers refers to such events as Stories Forever and they are core to our business strategies. These Stories Forever create a positive impact on a cleaner, greener and safer world. We have a detailed and dedicated footprint and roadmap for global issues such as carbon footprint, traceability of diamonds, gemstones for the environment, socio-economic development and diversification, etc. Natural diamonds are the ultimate symbols of love and good work in the jewellery business improves the lives of all stakeholders. Jewellers for Hope is one such initiative and we need to extend magnanimous generosity to make a positive difference to make an amazing contribution.”

 

Equally impressive was Rowley's generous contribution during the sit-down charity dinner. Rowley raised an impressive sum, which he will be donating to the charity of his choice.

 

Somasundaram PR, Regional CEO, of World Gold Council, India, said, "Just as there is an increasing focus on responsibly sourced and sustainably produced products in the gem and jewellery business, there is enhanced focus on our industry constantly giving something back to society. Jewellers for Hope is part of the industry's CSR mandate within the broader ambit of globally accepted ESG principles. We have been working closely with GJEPC on various business initiatives and Jewellers for Hope is as strategic and significant as any of them. Women are the key target customer groups for our industry and it is good to note that this year the Jewellers for Hope charity recipient is Relief Projects India, which is focussed on women-child issues."

 


Sriram Natarajan, Managing Director, GIA India, said, “I thank GJEPC and the collective strength and wisdom of India’s gem & jewellery industry to give back to society. The Jewellers for Hope is a distinguished gathering of entrepreneurs, exporters and companies, which make a positive difference. Tonight we come together to transcend boundaries to protect the rights of women; to promote the girl child’s education and overall strive for gender equality. We, at GIA, have been making a difference in the lives of women to support them with knowledge, which helps to estimate the correct value of diamonds. GIA’s association with GJEPC dates back many years and through the Jewellers for Hope initiative, we started an initiative last year to educate female students and will be extending this chapter to Mumbai and Surat. The efforts of GJEPC, Jewellers for Hope and GIA may be drops in the ocean but to quote a famous poet, the ocean would miss something if these drops were not there!”

 

One of the evening's highlights was the spirited bidding round for an exclusive dinner with industry stalwarts Mr C K Venkataraman, Managing Director at Titan Company, and Mr Paul Rowley, Executive Vice President, Diamond Trading, De Beers Group. The auction, led by Mr  C K Venkataraman, raised a staggering amount, dedicated to supporting the Nanhi Kali initiative. This noble cause aims to provide education and empowerment to underprivileged girls across the nation.

 

GJEPC’s Jewellers for Hope

Launched in 2014, Jewellers for Hope is the altruistic initiative of the GJEPC, aimed at mobilizing the entire gem and jewellery industry - from manufacturers and traders to miners and retailers - to raise funds for commendable NGOs in various fields, including education, health, tribal welfare, women's empowerment, and more.

 

Over the years, the industry's generous contributions to 'Jewellers for Hope' have left an indelible impact, having contributed crores to 13 NGOs, uplifting countless lives. In previous editions, 'Jewellers for Hope' has extended support to various NGOs, including Make A Wish Foundation, Swades Foundation, Friends of Tribal Society, Voluntary Action Association (run by Nobel Prize winner Kailash Satyarthi), Giants Welfare International (run by Social Activist Shaina NC), Bhagwan Mahaveer Viklang Sahayta Samiti or Jaipur Foot, Army Welfare, Tribal Integrated Development and Education Trust (TIDE), and Shrimad Rajchandra Love and Care (SRLC) and Live Love, Laugh Foundation.

 

About The Gem and Jewellery Export Promotion Council (GJEPC)

The Gem & Jewellery Export Promotion Council (GJEPC), set up by the Ministry of Commerce, Government of India (GoI) in 1966, is one of several Export Promotion Councils (EPCs) launched by the Indian Government, to boost the country’s export thrust, when India’s post-Independence economy began making forays in the international markets. Since 1998, the GJEPC has been granted autonomous status. The GJEPC is the apex body of the gems & jewellery industry and today represents 9000 members in the sector.  With headquarters in Mumbai, GJEPC has Regional Offices in New Delhi, Kolkata, Chennai, Surat and Jaipur, all of which are major centres for the industry. It thus has a wide reach and is able to have a closer interaction with members to serve them in a direct and more meaningful manner. Over the past decades, GJEPC has emerged as one of the most active EPCs and has continuously strived to both expand its reach and depth in its promotional activities as well as widen and increase services to its members.

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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. 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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...