Showing posts with label Renowned celebrities Grace's the launch of BJ Film and Television Association #Mr. Ashish Shelar. Show all posts
Showing posts with label Renowned celebrities Grace's the launch of BJ Film and Television Association #Mr. Ashish Shelar. Show all posts

Monday, November 9, 2020

 

Renowned celebrities Grace's the launch of BJ Film and Television Association

 Mumbai:  On several occasions individuals like artists, media personals, technicians, creative professionals working in the film and entertainment industry find themselves in a financial and legal fix. A stable and secure income has always been a concern alongside other issues like investments, stake, delayed payments, loans, poor working conditions and more for individuals working in the industry. To help solve these problems and address these grievances, an Organization called BJ Film and Television Association (BJFTA) has been launched. This Organization will not just assist film and entertainment industry professionals through complete financial and legal procedures but also create a community wherein these individuals can obtain a sense of belonging and receive support from time to time.

 

The grand launch of BJFTA took place on Sunday, 1st November, 2020 at the Bandar Hindu Association in Mumbai. To grace the occasion, former education minister Hon. Ashish Shelar, Chief Whip, BJP who is currently also the MLA for Bandar West was present. Being the chief guest at the occasion Mr. Shelar inaugurated the organization alongside an official website for BJFTA that will be a one stop portal for all members of the film and TV fraternity to seek Redressal. The website aims to bring skilled and unskilled workers under one roof and make benefits available to all the workers in the entertainment industry, irrespective of their standing in the hierarchy.

 

“It was important for there to be an association as such for the benefit of our friends belonging to the entertainment industry. Not just the stars but also the technicians, people behind the camera, people that do not come in the limelight and do not enjoy benefits at par with the others. Congratulations to BJFTA, my best wishes to the entire team.” Said, Mr. Ashish Shelar, Chief Whip, BJP.

 

BJFTA is an association of Producers, Artists, Technicians and Workers from all crafts of Entertainment Industry. Taking the torch of justice ahead renowned names like Adv. Pradeep Bhatt(Secretary), Shri. Babubhai Thiba(General Secretary), Mr. Satishbabu K. V.(Treasurer)

 

 Mr. Ratnakar Kumar(vice president), Ms. Rashmi Shah(Vice president), Adv. Bhimani Sulaiman (Vice President), and Adv. Ajay Patil (Jt. Secretary) have joined BJFTA in the mentioned capacity.

 

The committee members of BJFTA includes eminent names like Mr. Manoj Agarwal, Mr. Kumar Reddy, Mr. Sanjay Melmel, Mr. Amit Khan, Mr. Sunil Kamath, Ms. Aarti Notiyal, Mr. Devendra Bhatt and  Mr. Kashyap Barbhaya. The National Advisory board includes names like Adv. Ashish Shelar (MLA, BJP, Mumbai), Adv. Ameet Mehta, Adv. Mahesh Shukla, and Ms. Divya Dholay.

About BJFTA: BJFTA is Association of Producers, Artists, Technicians and Workers of all crafts of Entertainment Industry. Its motive is welfare and solution of all and any problems/issues faced by the members. BJFTA works for the welfare and benefit of the members and to protect them with minimum wages, timely payment, hygienic working condition, medical assistance, educational scholarship for children, insurance cover, pension scheme, housing scheme, training institute and placement etc. 







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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...