Wednesday, August 2, 2023

Raise a toast to long-lasting friendships and cherished memories!

 Raise a toast to long-lasting friendships and cherished memories!


Friends play an essential role in our lives, and the bond of friendship is cherished throughout the years, regardless of age. On this Friendship Day, &TV artists come together to celebrate their enduring friendships with a heartfelt toast. These include Geetanjali Mishra (Rajesh, Happu Ki Ultan Paltan), Neha Joshi (Yashoda, Doosri Maa), and Vidisha Srivastava (Anita Bhabi, Bhabiji Ghar Par Hai). Geetanjali Mishra, the new Rajesh in Happu Ki Ultan Paltan, shares, “On Friendship Day, I want to dedicate my gratitude to my buddy Vineet Chaturvedi. He's not just my best friend but also my manager, and I can confidently say he's the only person who can inspire me to do anything without hesitation. He has constantly supported me, brightening my toughest days and making my happiest moments even brighter. Our friendship has grown stronger over time, and I appreciate how he respects and understands me, never resorting to manipulation like other managers. With his lively presence, I'm never bored, and he's the one who stays with me through tough times, helping me rise again. Having Vineet in my life makes every day feel like a perpetual "Friendship Day."

 


Neha Joshi, aka Yashoda from Doosri Maa, shares, “In 2006, when I moved to Mumbai, fate introduced me to the lovely actress Sarvari Lohokare. We crossed paths while searching for accommodation and became flatmates. Our friendship blossomed, becoming one of the most cherished moments in my life. For three years, we lived together, sharing struggles, joys, and secrets. Despite occasional fights and silent periods, we always resolved our differences. Our connection remains unchanged when we reunite, with endless topics to discuss. I am truly grateful to have her in my life—a very Happy Friendship Day to my dear friends and everyone. I celebrate our friendship on this special day and look forward to creating more beautiful memories together. Happy Friendship Day!”. Vidisha Srivastava, aka Anita Bhabi from Bhabiji Ghar Par Hai, shares, “In life, we meet numerous people. Still, some leave a lasting impact, and my dear friend Shilpy is one of those special individuals. Despite my busy shooting schedule, she's been by my side through thick and thin, and I cherish our close bond. Although I may not speak with her often, she remains understanding and always there when I need her. I value the quality of my friendships over quantity, and Shilpy is a like-minded and trustworthy companion. We've created beautiful memories, from taking shortcuts to school, crossing boundaries, and sharing secret crushes to playfully competing for the teachers' favor. With Shilpy, I've learned the true essence of friendship – being honest with each other, which matters the most."


 

On this Friendship Day, let's celebrate the timeless bond of friendship, cherish memories, and raise a toast to lasting camaraderie!

 

Watch your favorite artists in Doosri Maa at 8:00 pm, Happu Ki Ultan Paltan at 10:00 pm, and Bhabiji Ghar Par Hai at 10:30 pm, airing every Monday to Friday only on &TV!



 

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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...