Saturday, October 14, 2023

WWF-India’s Earth Series reiterates the importance of education and involvement of individuals in environmental and wildlife conservation

WWF-India’s Earth Series reiterates the importance of education and involvement of individuals in environmental and wildlife conservation

·       The unique series witnessed a fascinating talk by Dr. Divyabhanusinh Chavda, a renowned wildlife conservationist and author.

·       Dignitaries from WWF-India, Telangana State Government officials, Bureaucrats, environmentalists & and conservationists, nature lovers, and students joined the event.


WWF-India, a leading nature conservation organization, conducted its second talk of the “Earth Series: Conservation Matters”, an initiative that centers around critical environmental issues and wildlife conservation. As part of the event, Dr. Divyabhanusinh Chavda, a renowned wildlife conservationist and an author, delivered his lecture titled “A Tale of Two Cats”. Through his talk, Dr. Chavda enthralled the audience by mainly focusing on lions and the need for their conservation, as the Asiatic Lion is now only restricted to India. The talk also revolved around cheetahs, the fastest animals on Earth. The lecture also realized the cultural ties and importance the cheetah holds in Indian society.


The WWF-India Hyderabad office organized the Earth Series talk show that serves as a platform to address pressing environmental challenges, exchange innovative solutions, and foster collaboration among like-minded individuals and organizations committed to conserving the planet's biodiversity. By bringing experts and enthusiasts from diverse backgrounds together, the series aims to build a powerful network of change-makers striving for a sustainable future for generations to come.


 Mr. Anil Kumar Epur, Trustee, WWF-India, and, Chairman, of WWF-India Hyderabad Office Advisory Board, said that “WWF-India has been at the forefront of environment protection and nature conservation. The Earth Series: Conservation Matters is a pioneering initiative that draws people with a shared cause together. This will expand the horizons of knowledge and further the cause.  People, including students, are participating due to their commitment to environmental protection. Through this series of events, we aim to not only celebrate the current conservation measures but also inspire others to adopt similar practices. Today just being aware is not enough, we need to put the knowledge gained into action.”

 

Mr Jayant Tagore, President, of Hyderabad Golf Association has committed support to the Earth Series and mentioned that the Hyderabad Golf course is not only a heritage golf course but of the only one in the world to use grey water for maintaining the course.


“WWF-India has always been the pioneer in creating awareness of nature and wildlife conservation.  The Earth Series: Conservation Matters is another noteworthy pioneering event from WWF-India, and I am happy that this initiative originates from Hyderabad. The Telangana Government has always been at the forefront of nature conservation and has taken up many first-of-its-kind initiatives for environment protection”, expressed Mr. Jayesh Ranjan.

 

"I am honored to have been invited to deliver the second lecture of the WWF-India Earth Series: Conservation Matters. Having come to Hyderabad after a very long time, I am extremely delighted to see many people from all walks of life attend this talk. This demonstrates the preparedness of the Hyderabad citizens and their belongingness to nature,” expressed Dr. Divyabhanusinh Chavda.

 

The second lecture of the pioneering series, held at the Hyderabad Golf Association, witnessed an impressive gathering of individuals, distinguished ornithologists, & committed conservationists, nature enthusiasts, government officials, bureaucrats, and students, united in their dedication to environmental and wildlife safeguarding. The event's success reflects the growing global concern for the environment and wildlife conservation. WWF's Earth Series has emerged as a beacon of hope, inspiring individuals, and communities to act for a greener and more sustainable planet.

 

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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...