Showing posts with label Rashana Shah helms ‘Nanda Devi’ South Asian cinema gets a new leaf through international collaborations for South Asian-themed content.. Show all posts
Showing posts with label Rashana Shah helms ‘Nanda Devi’ South Asian cinema gets a new leaf through international collaborations for South Asian-themed content.. Show all posts

Saturday, March 20, 2021

Rashana Shah helms ‘Nanda Devi’ South Asian cinema gets a new leaf through international collaborations for South Asian-themed content

 Rashana Shah helms  ‘Nanda Devi’ South Asian cinema gets a new leaf through international collaborations for South Asian-themed content.


With cinematic production of Uttarakhand Tragedy Rashaana Shah, of Mulberry Films join hands with Asad Sultan, CEO, Deutsche Malayan Ventures to produce international film and TV projects


Human tragedies and natural disasters have been time-tested themes for cinema. They never fail on the box office and when these themes have controversies roped in these are true recipes for box-office success.

Nanda Devi disaster has recently been in the headlines because of the tragic glacier burst in Uttarakhand, India, that resulted in the deaths of at least fifty people. However, there’s more than what meets the eye. In 1965, the United States and India collaborated, in one of CIA’s most secretive missions, an attempt to install a listening device at 25,000 feet on the mountain peak to monitor the nearby Chinese nuclear test site. The listening device was powered by highly radioactive plutonium and was lost during the expedition.  It has been speculated that it may be the cause of the recent glacier melt in Uttarakhand. The disaster is being adapted as a film named ‘Nanda Devi’.

This film is being produced and envisioned by Asad Sultan, CEO of Deutsche Malayan Ventures, and Rashaana Shah, Managing Director of Mulberry Films who have joined hands to produce International Films and TV Projects.

“After a decade of persistent efforts to get South Asian-themed premium content in front of mainstream global audiences, during which time, Rashaana and Mulberry Film have been constant collaborators, we are confident the time for this cultural expression is here and now, and our new initiative is determined to contribute to it with our own storytelling,” said Asad Sultan.

“Asad introduced us to Scott Rosenfelt, who owned the life rights of three climbers. It is a compelling man vs mountain saga,” says Rashaana.

Scott Rosenfelt, one of Hollywood’s most successful independent producers, has also produced as well as written Nanda Devi. Rosenfelt has films like Home Alone, Smoke Signals, Mystic Pizza, Teen Wolf and Extremities, and the most recent, Critical Thinking (an early selection of the 2020 SXSW Film Festival for its world premiere) under his belt. He has garnered international acclaim and recognition for his work till now.

The film will reportedly be shot across various locations including New Zealand, Alaska and India.

Regarding some of Mulberry’s bolder book acquisitions, Ms. Shah, who holds a degree in computer science and is a former actress herself, says, “I feel obliged to tell stories through the medium of cinema even if they’re controversial. It’s a way of giving a voice to those who are unheard.”

She recently produced feature films blowing up Right Now and A New Christmas. Her future projects include The Collaborator, a war drama with Konstantin Bojanov attached to direct, and Purple America, based on the best-selling novel by Rick Moody with Yan England attached to direct.

One of the other movies Asad is producing this year with Mulberry is The Collaborator. It’s an adaptation of a prize-winning, international bestselling book by Mirza Waheed, told as a coming-of-age war story about a 17-year-old boy caught between India and Pakistan in a long-suffering border war over set in 1989. The Collaborator was the debut novel of Mirza Waheed.

Asad and veteran show-runner Sailesh Dave is also developing a period-based noir thriller set in the 1960s around India’s nuclear program under Dr. Homi Bhabha. The premium series project is based on Braham’s Singh’s best-selling novel “Bombay Swastika”.

Dave is known for co-producing an independent slacker film Sulemani Keeda, famous television shows like Movers and Shakers, and The Great Indian Comedy Show. He has also created and produced a series of spoof features for the MTV Network.

Other Indian-themed projects in development are “Khatarnaak” a hip-hop-themed dramatic series, and “Twilight in Delhi” a dramatization of the early 20th-century novel of the same name.


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...