Tuesday, July 2, 2024

LIONSGATE AND ROADSIDE ATTRACTIONS RELEASE OF ORIGINAL

LIONSGATE AND ROADSIDE ATTRACTIONS RELEASE OF ORIGINAL HINDI-LANGUAGE FILM OPENS IN THEATERS JULY 4

 

ANTA MONICA, Calif., July 1, 2024 – Ahead of the release of the highly acclaimed Indian action film Kill, Lionsgate announced today that 87Eleven Entertainment, the production company behind the billion-dollar John Wick franchise and the upcoming Highlander film, will produce an English-language remake of the film. The announcement was made by Adam Fogelson, chair, of Lionsgate Motion Picture Group.  

Lionsgate and Roadside Attraction's release of the original Hindi-language version of Kill opens in U.S. theatres on Thursday, July 4. Kill is written and directed by Nikhil Nagesh Bhat and produced by Karan Johar, Apoorva Mehta for Dharma Productions, and Guneet Monga Kapoor & Achin Jain from Sikhya Entertainment.

Next week’s release marks the first time a mainstream Hindi-language film partners with a Hollywood studio for a theatrical release in North America and the U.K.

“Kill is one of the most vivid, wild, and creative action movies I’ve seen recently,” said 87Eleven Entertainment’s Chad Stahelski. “Nikhil delivers relentless action sequences that need to be seen by as wide an audience as possible. It’s exciting to be developing an English-language version—we have big shoes to fill and I’m looking forward to working with Nikhil, Karan, Apoorva, Guneet, and Achin to achieve that.”

In a joint statement, the producers said, “When we made Kill with Nikhil Nagesh Bhat, we dreamed of global love, and seeing North American theatres chant ‘Kill! Kill! Kill!’ was like seeing that vision come alive. As we approach our global release, we are thrilled that 87Eleven Entertainment will produce a remake of our film in English. Partnering with Lionsgate, the award-winning studio behind genre-defining action movies, has been incredibly gratifying. This announcement coming before the original film’s release is unprecedented and a big win for Indian cinema. We are truly honoured.”

 Kill marks the second collaboration of Dharma Productions and Sikhya Entertainment after the widely loved film The Lunchbox. Dharma Productions is known for its global presence with Karan Johar’s pioneering work in the movies for over 25 years, and Sikhya Entertainment is the award-winning Indian production house that brought India’s first Academy Award® for an Indian production.

 Starring newcomer Lakshya alongside Raghav Juyal and Tanya Maniktala, the extreme action film made its world premiere to critical acclaim at last year’s Toronto International Film Festival as a Midnight Madness selection and played earlier this year at the Tribeca Film Festival.

In the film, star-crossed lovers Tulika (Maniktala) and Amrit (Lakshya) find their clandestine relationship jeopardized after Tulika’s family whisks her aboard the Rajdhani Express bound for New Delhi and an arranged marriage. But commandos Amrit and his friend Viresh are far from willing to let fate dictate their story. They embark on a “rescue” mission that becomes a gory adventure. Blurring the lines between duty and emotion as every twist of the track could mean life or death, Kill paints a portrait of how far a man can go in love to rewrite his destiny.

About Lionsgate:

Lionsgate (NYSE: LGF.A, LGF.B) encompasses world-class motion picture and television studio operations and the STARZ premium global subscription platform, bringing a unique and varied portfolio of entertainment to consumers around the world. The Company’s film, television, subscription and location-based entertainment businesses are backed by a more than 20,000-title library and a valuable collection of iconic film and television franchises. A digital age company driven by its entrepreneurial culture and commitment to innovation, the Lionsgate brand is synonymous with bold, original, relatable entertainment for audiences worldwide.

 About Lionsgate Studios:

Lionsgate Studios (NASDAQ: LION) is one of the world's leading standalone, pure-play, publicly-traded content companies. It brings together diversified motion picture and television production and distribution businesses, a world-class portfolio of valuable brands and franchises, a talent management and production powerhouse and a more than 20,000-title film and television library, all driven by Lionsgate Studios’ bold and entrepreneurial culture.

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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...