Showing posts with label VIDNYAN PARISHAD. Show all posts
Showing posts with label VIDNYAN PARISHAD. Show all posts

Friday, March 12, 2021

VIDNYAN PARISHAD, GOA IN ASSOCIATION WITH ENTERTAINMENT SOCIETY OF GOA (ESG) TO HOST THE SIXTH EDITION OF SCIENCE FILM FESTIVAL OF INDIA

 

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VIDNYAN PARISHAD, GOA IN ASSOCIATION WITH ENTERTAINMENT SOCIETY OF GOA (ESG) TO HOST THE SIXTH EDITION OF SCIENCE FILM FESTIVAL OF INDIA

~SCI-FFI 2021- CREATING CURIOSITY AMONG THE BUDDING SCIENTISTS~

·         Pre-fest activities have been conducted as a part of the School Outreach Programme from 1st to 15th March 2021

·         The Science Film Festival of India will be held on 17th and 18th March 2021

Panaji, 11th March 2021: Science is the foundation of this entire world. We require Science on daily basis in various aspects of our lives and, with the ongoing pandemic, the field of Science has witnessed some of the greatest inventions, innovations, and research as well. With the aim of inculcating an interest and gaining more knowledge about the world of Science among the youngsters, the 6th edition of the Science Film Festival of India has been organized on 17th and 18th March 2021 by Vidnyan Parishad, Goa to be held at the prestigious Entertainment Society of Goa: ESG Complex and Maquinez Palace.

Every year, the festival goes on for four days but, this year due to the ongoing pandemic, it has been restricted to two days. This year, the festival is focusing on creating interest among rural students in science and technology and, to reach their goal, the festival has started organizing the pre-fest activities in various schools across the rural regions of Goa as an outreach program. These activities have started from 1st March and will continue till 15th March.

As always, the festival will be held at ESG Complex and Maquinez Palace with various events which include a screening of the Science feature films, a workshop for teachers, an exclusive workshop for Press Reporters & Editors, and also a workshop on film-making as well as a master class. One of the fascinating facets that can be experienced at the festival will be an Innovation Exhibition that will showcase and demonstrate out-of-box thinking used in the world of Science and Technology.

While the festival is around the corner and with the ongoing pandemic, the festival committee has ensured all the necessary precautions that are required to make a memorable yet safe experience for all its participants. 

About Entertainment Society of Goa:

Founded by the Government of Goa in 2004, the Entertainment Society of Goa, known as ESG was the 1st Event and Entertainment Agency across the State. Entertainment Society of Goa was started with one focused, single idea in mind to bring the best of the events, film festivals, and creative minds of the vibrant entertainment industry from all over the globe at one place, on one platform and to make The state of Goa the hub of this industry.

ESG became the nodal agency to organize and execute the International Film Festival of India (IFFI) on behalf of the Government of Goa. The festival is a joint collaboration between the Government of Goa and the Government of India. ESG has been successfully executing this festival from 2004 since the year of its establishment

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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...