End of Ordeal for Entrepreneurs in Chakan Industrial Area!

Chamber of Commerce to Act as Coordinator for Entrepreneurs

Will Pursue Solutions as a Bridge Between Government and Industry

Mumbai , 25th (Representative): The Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA) has taken a significant initiative to resolve pending issues in Pune's prominent and rapidly developing Chakan industrial area. A meeting was recently held with office bearers of local industrial associations, followed by detailed discussions regarding the entrepreneurs' problems with Deputy Chief Minister Eknath Shinde and Industry Minister Uday Samant.

Local entrepreneurs are facing severe difficulties due to basic issues such as traffic congestion, dilapidated infrastructure, and shortcomings in power and water supply in the Chakan industrial belt. Against this backdrop, MACCIA has shown readiness to work out solutions in coordination with local organizations. The Chamber will aggressively advocate for these issues with the administration as a strong link between the state government and the industrial sector.

Speaking about this initiative, MACCIA President Ravindra Mangawe said, "Chakan is the main hub of Maharashtra's industrial progress, but local infrastructure issues are impacting the expansion of industries. After consulting with local associations, we consolidated all key issues and held a positive discussion with Industry Minister Uday Samant. Functioning as a solid bridge between the state government and entrepreneurs, the Maharashtra Chamber will continuously follow up to resolve Chakan's issues at the earliest."

This meeting and the positive discussions have created an atmosphere of hope among entrepreneurs in Chakan. Confidence is being expressed that the issues facing the Chakan industrial area will be resolved quickly in the coming days due to the Chamber's active mediation.

Gratitude Expressed to Industry Minister Uday Samant

The Maharashtra Chamber of Commerce brought these issues of local entrepreneurs to the attention of Industry Minister Uday Samant. Consequently, an immediate meeting was organized involving MACCIA, Minister Uday Samant, and representatives and directors of companies from the Chakan industrial area. MACCIA President Ravindra Mangawe expressed gratitude to Uday Samant on behalf of the Chamber and Chakan's entrepreneurs for taking immediate action and consistently resolving issues at a swift pace during the meeting. Chakan MIDC Association President Jaydev Akkalkote, Dhanraj Shedbale, Shantanu Kulkarni, Rameshwar Pawar, and Kunal were present at this meeting.

Priority Jewels Limited’s Initial Public Offering to open on Friday, August 28, 2026, price band set at Rs 190 Rs 200 per Equity Shares of face value of Rs. 10 each

Price band of Rs 190 Rs 200 per Equity Share bearing face value of Rs 10 each (“Equity Shares”)

 

Bid/Issue Opening Date – Friday, August 28, 2026 and Bid/Issue Closing Date – Tuesday, September 1, 2026

 

Minimum Bid Lot is 75 Equity Shares and in multiples of 75 Equity Shares thereafter

 

24 August, Mumbai:  Priority Jewels Limited (the “Company”) has fixed the price band of Rs 190/- to Rs 200/- per Equity Share of face value Rs 10/- each for its maiden initial public offer.

The Initial Public Offering (“IPO” or “Issue”) of the Company will open on August 28, 2026, for subscription and close on September 1, 2026.

Investors can bid for a minimum of 75 Equity Shares and in multiples of 75 Equity Shares thereafter.

Equity Shares outstanding as on date is 1,34,25,000 Equity Shares of face value of Rs 10 each

The Issue, with a face value of Rs 10 per Equity Share, comprises a fresh issue of up to 45,75,000 equity shares.

The Net Proceeds from its fresh issuance will be utilised for repayment / pre-payment, in full or in part, of certain working capital borrowings availed by the Company, and general corporate purposes.

 

The Issue is being made through the book-building process, in compliance with SEBI ICDR Regulations, wherein not more than 50% of the Issue will be available for allocation to qualified institutional buyers (QIBs), not less than 15% to non-institutional bidders (NIIs), and not less than 35% to retail individual bidders (RIIs).

 

The Company, in consultation with the book-running lead manager (BRLM), has undertaken a Pre-IPO Placement of 8,25,000 Equity Shares at an issue price of ₹ 190 per Equity Share (including a premium of ₹ 180 per Equity Share) aggregating to an amount of ₹ 15.67 crore, by way of a private placement.

Incorporated in 2007, the Company is engaged in designing, manufacturing and sale of a wide range of light-weight, affordable diamond-studded gold and platinum fine jewellery, and it sells directly to independent jewellers and jewellery chains in India as well as select international markets.

 

The Company supplies its products to jewellery chains including CaratLane Trading Private Limited, Kalyan Jewellers India Limited, Reliance Retail Limited, Malabar Gold & Diamonds FZCO, Tribhovandas Bhimji Zaveri Limited and Senco Gold Limited.

 

Its ability to blend craftsmanship with innovation has enabled it to establish long-standing relationships with major Indian retail jewellery players, reinforcing its position as a trusted supplier to its customers (Source - CARE Report).

 

Its portfolio primarily comprises daily wear jewellery, including rings, earrings, pendants, neckwear, bracelets and occasion couture jewellery, all of which are developed using contemporary design approaches and modern manufacturing techniques. Its product portfolio is centred on light-weight, affordable, daily wear pieces that are crafted for a wide audience across the country. The Company also manufactures lab-grown diamond jewellery based on specific orders received from its customers. 

As of June 30, 2026, the Company has over 200 customers, predominantly in India, including 125 independent jewellers and 53 jewellery chains. Over the years, the Company has expanded its market presence across 21 states and 3 union territories and has exported products to 13 countries globally, including the United States of America, UAE, Hong Kong and Norway. Most of the company’s exports are to overseas stores of Indian jewellery chains, primarily catering to the Indian diaspora.

The Company has established two jewellery manufacturing facilities in India that cater to its domestic and export sales. 

 

The Company's revenue from operations for the quarter ended June 30, 2026 was Rs 146.72 crore and its profit after tax of Rs 6.47 crore for the same period.

 

The Company’s revenue from operations was Rs 538.94 crore in FY26 as against Rs 410.50 crore in FY24. The Company’s profit after tax was Rs 17.64 crore in FY26 as against Rs 7.14 crore in FY24. achieving a CAGR of 57.13%.

 

Mefcom Capital Markets Limited is the book-running lead manager to the Issue and MUFG Intime India Private Limited is the registrar of the Issue.

 

The Equity Shares are proposed to be listed on BSE and NSE.

 

Disclaimer: Priority Jewels Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed a red herring prospectus dated August 22, 2026(“RHP”) with the RoC. The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM, https://www.mefcomcap.in/ , the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at https://priorityjewels.in/.

 

Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section “Risk Factors” beginning on page 17 of the RHP. Potential investors should not rely on the DRHP for making any investment decision but should only rely on the information included in the RHP filed by the Company with the RoC.

The Equity Shares offered in the Issue have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the issue are being offered and sold only outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act (“Regulation S”).

 

Disclaimer Clause of Securities and Exchange Board of India (“SEBI”): SEBI only gives its observations on the offer documents and this does not constitute approval of either the Issue or the specified securities stated in the Issue Documents. The investors are advised to refer to page 311 of the RHP for the full text of the disclaimer clause of SEBI.

Disclaimer Clause of BSE (Designated Stock Exchange): It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the RHP has been cleared or approved by BSE Limited, nor does it certify the correctness or completeness of any of the contents of the RHP. The investors are advised to refer to the page 313 of the RHP for the full text of the disclaimer clause of BSE.

Disclaimer Clause of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Issue Document has been cleared or approved by NSE, nor does it certify the correctness or completeness of any of the contents of the Issue Document. The investors are advised to refer to page 313 of the RHP for the full text of the disclaimer clause of NSE.

 

 

Shoppers Stop and RBL Bank launch three-tier co-branded credit cardsGold, Platinum and Black cards bring fashion and beauty rewards, privileges and experiences to Shoppers Stop customers

Mumbai, August 21, 2026: Shoppers Stop and RBL Bank have launched a new three-tier co-branded credit card portfolio, unveiled by Bollywood actor Sara Ali Khan, comprising the Shoppers Stop and RBL Bank Gold, Platinum and Black Credit Cards. Building on Shoppers Stop’s strength as a curator of fashion and beauty, with 50 million+ customers engaging with the brand every year and a 13.5 million First Citizen Club member, the cards extend this curation-led proposition into a differentiated rewards and benefits experience, offering customers enhanced rewards, memberships, welcome benefits and curated experiences.

The partnership brings together Shoppers Stop’s extensive fashion and beauty ecosystem with RBL Bank’s expertise and scale in the credit cards space. The new portfolio is designed to create a differentiated shopping proposition, rewarding customers not only for their purchases but also for their engagement with the Shoppers Stop ecosystem.

Consumers can apply for the card and get the card issued instantly, enabling a seamless onboarding experience. The card’s benefits can be availed from the very first transaction at Shoppers Stop. The card is launched in association with the Bank’s network partner Visa.

Commenting on the launch, Kavindra Mishra, Customer Care Associate, MD & CEO, Shoppers Stop, said, “At Shoppers Stop, we believe that every shopping journey should be rewarding, seamless and memorable. Our partnership with RBL Bank brings together our deep understanding of the Indian shopper with RBL Bank’s expertise in payments and credit cards. The new range of co-branded cards has been designed to create a differentiated ecosystem of rewards, privileges and experiences across fashion and beauty. From accelerated rewards and complimentary memberships to experiences and milestone benefits, we are delighted to give our customers more value at every stage of their journey with Shoppers Stop.”

Speaking on the launch, Bikram Singh Yadav- Head - Credit Cards, RBL Bank said, “As a bank driven by product innovation, our vision for this partnership is to create one of India’s most glamorous credit cards. Designed as a true style companion, this co-branded card is intended to add an element of exclusivity to the fashion experience of customers. It will enable them to enjoy the convenience of a credit card alongside a range of exceptional rewards and privileges.”

Rishi Chhabra, Country Manager, India, Visa, said, “Our focus at Visa remains on elevating everyday lifestyles - bringing consumers more value and choice with every spend. And as shopping journeys evolve, Visa continues to innovate across the payments, making every experience more secure, seamless and intuitive. Through this partnership with RBL Bank and Shoppers Stop, we continue to deliver trust, ease and everyday value, reinforcing Visa as the best way to pay and be paid.”

Customers can choose from three card variants:

RBL Bank Shoppers Stop Gold Credit Card: Complimentary Gold Membership worth ₹750, 10 Extra Reward Points for every ₹200 spent across the Shoppers Stop universe, a welcome gift worth ₹1,000, and quarterly and annual milestone benefits.

RBL Bank Shoppers Stop Platinum Credit Card: Complimentary Platinum Membership worth ₹1,500, 10 Extra Reward Points for every ₹200 spent across the Shoppers Stop universe, a ₹2,000 Shoppers Stop welcome voucher and gift worth ₹2,000, complimentary makeover experience, and enhanced milestone benefits.

RBL Bank Shoppers Stop Black Credit Card: Complimentary Black Membership worth ₹4,500, 15 Extra Reward Points for every ₹200 spent across the Shoppers Stop universe, a ₹3,000 Shoppers Stop welcome voucher and gift worth ₹3,000, complimentary makeover experience, and enhanced milestone benefits.

Across all three variants, cardmembers can earn 4 Reward Points for every ₹200 spent on eligible transactions outside the Shoppers Stop universe, subject to applicable terms and monthly limits. The value of Reward Points varies by card variant, with 1 point valued at up to ₹1 on Black, ₹0.50 on Platinum and ₹0.25 on Gold.

The cards also offer benefits including complimentary Shoppers Stop membership, accelerated rewards, welcome benefits, makeover experiences and quarterly and annual milestone rewards, subject to applicable eligibility criteria and terms.

About Shoppers Stop Limited

Shoppers Stop Ltd. is the nation's leading premier retailer of fashion and beauty brands established in 1991. Spread across 115 department stores, the Company also operates 11 premium home concept stores, 72 Specialty Beauty stores of M.A.C, Estée Lauder, Bobbi Brown, Clinique, Jo Malone, NARS, ARMANI beauty, PRADA BEAUTY and SS Beauty, 85 Intune stores and 4 Airport doors, occupying area of 4.5 M sq. ft. Shoppers Stop is home to one of the country's longest running and most coveted loyalty program 'First Citizen Club'. The Company's one-of-a-kind shopping assistance service, 'Personal Shopper' is revolutionizing the way Indians shop, bringing more value, comfort, and convenience to customer experiences. The brand's diversified Omni channel offering spans over 800+ recognized and trusted brands across an incomparable range of products that together serve our overarching objective of delivering customer delight. 

Follow us on:

Shop - www.shoppersstop.com | Corporate Site www.corporate.shoppersstop.com

For media queries- please contact: ankita.jha@dentsu.com; sakshi.shetty@dentsu.com 

About RBL Bank

RBL Bank, a subsidiary of Emirates NBD Bank P.J.S.C., is one of India’s leading private sector banks, with a legacy dating back to 1943.

Headquartered in Mumbai, the Bank has evolved into a dynamic financial institution offering a comprehensive suite of banking products and services across Retail, Commercial, SME, Corporate, Agriculture & Rural, GIFT City-based FCY, NRI, Treasury, Digital Payments, and Wealth Management. It caters to a full spectrum of customers, including individual customer segments ranging from young professionals, small farmers to HNIs, as well as entrepreneurs, startups, small and medium enterprises, large corporations, and government entities. The Bank also has a strong digital offering with significant operations under the digital payments space. 

With a strong focus on innovation, customer-centricity, and digital transformation, RBL Bank serves over 15 million customers through a robust network of 628 branches, 1,339 business correspondent branches (of which 258 banking outlets) spread across 28 Indian states and union territories. Through its International Banking and GIFT City operations, the Bank facilitates cross-border banking, global trade, foreign currency banking, and international wealth opportunities.

RBL Bank is committed to being a ‘Bank of Choice’ by fostering enduring relationships built on trust, transparency, and responsiveness. Backed by a strong capital base and reinforced by top-tier credit ratings, AAA Stable by Crisil, ICRA and CARE Ratings; it continues to strengthen stakeholder confidence. RBL Bank drives financial inclusion, and supports community development through impactful CSR initiatives, and creates a thriving workplace culture for its employees. 

RBL Bank is listed on both NSE and BSE (RBLBANK). For further details, please visit www.rbl.bank.in 

For media queries, please email us at: communications@rbl.bank.in

Blockbuster listing - Lalithaa Jewellery Mart Limited’s IPO

Blockbuster listing - Lalithaa Jewellery Mart Limited’s IPO lists at Rs 265.3 on the exchange, reaches a high of Rs 274.4 on NSE August 24, Mumbai: Shares of Chennai-based Lalithaa Jewellery Mart Limited, which is a jewellery retailer operating under the brand name Lalithaa and caters to southern jewellery markets, listed at Rs 265.3 on the exchange, a premium of 32% to IPO price. The scrip reached a high of Rs 274.4 on the NSE, and Rs 274.3 on the BSE. The scrip closed at Rs 248.4 on the BSE and Rs 248.44 on NSE. As per NSE, the total quantity traded stood at 990.42 lakh shares, on BSE the total Quantity stood at 88.21 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 2,841.3 crore. The Market Capitalisation of the Company at today’s closing price stood at Rs 13,903.19 crore as per BSE and Rs 13,942.37 crore as per NSE. The issue received bids of3,95,22,17,604 equity shares against the offered 6,27,61,403 equity shares, according to data available on the stock exchanges.Qualified Institutional Buyers (QIB) and Retail Portion were subscribed 145.38 times and 11.8 times, respectively. Non-Institutional Investors (NII) portion was subscribed 73.9 times.

India's First Intelligent Energy Center Opened in Navi Mumbai!Solar, EV Charging, and AI Energy Technology All Under One Roof!

Mumbai, Aug 24 (Representative): Sigenergy, a leading company in the global energy technology sector, has launched its first state-of- the-art 'Experience Center' at TTC MIDC in Navi Mumbai. The center was inaugurated on the occasion of 'Sigenergy Day India 2026'. The main objective of this initiative is to accelerate India's green and intelligence-based energy revolution.

This center is not just an exhibition of products, but offers a direct experience of solar energy, battery storage, EV charging, and AI-based energy management technology. Visitors can see firsthand how Sigenergy's advanced products like 'SigenStor', 'SigenStack', and 'MySigen' work together for residential, commercial, and industrial sectors.

Speaking on the occasion, Abhilash Borana, CEO of Sigenergy, said, "India is currently at a critical juncture in its transition to clean and sustainable energy. The adoption of solar energy is growing rapidly in our country, and consumers need smarter options for energy generation, storage, and management. This Experience Center in Navi Mumbai will provide these services right here. Through this platform, people can directly experience our advanced technology, and we will be able to understand their needs to build a stronger relationship."

On this occasion, the company announced the 'EPC Connect 2026' initiative, through which local engineers, contractors, and distributors will receive technical training and demonstrations. Showcasing the complete journey from energy generation to automatic AI-driven management, this center marks an important milestone for India's bright and sustainable future.

Lumino Industries Limited’s Initial Public Offering to open on Thursday, August 27, 2026, Price Band set at ₹ 78 – ₹82 per Equity Share of face value of ₹ 5 each

Price band of ₹78 – ₹82 per Equity Share bearing face value of ₹ 5 each (“Equity Shares”)

Bid/Offer Opening Date – Thursday, August 27, 2026 and Bid/Offer Closing Date – Monday, August 31, 2026

Minimum Bid Lot is 182 Equity Shares and in multiples of 182 Equity Shares thereafter

Mumbai, August 21, 2026: Lumino Industries Limited has fixed the Price Band of ₹78/- to ₹ 82/- per Equity Share of face value ₹5/- each for its maiden initial public offer.

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Thursday, August 27, 2026, for subscription and close on Monday, August 31, 2026.

Investors can bid for a minimum of 182 Equity Shares and in multiples of 182 Equity Shares thereafter.

Equity shares outstanding as on date is 243,578,096 Equity Shares of face value of ₹5 each.

The Offer, with a face value of ₹5 per Equity Share, comprises a fresh up to ₹5,000.00 million and an offer-for-sale up to ₹2,000.00 million by promoters – Devendra Goel and Jay Goel.

The proceeds from its fresh issuance worth ₹3,370 million will be utilized for prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company, ₹150.13 million for capital expenditure by the Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility, and general corporate purposes.

The Offer is being made through the book-building process, in compliance with SEBI ICDR Regulations, wherein not more than 50% of the net offer will be available for allocation to qualified institutional buyers (QIBs), not less than 15% to non-institutional bidders (NIIs), and not less than 35% to retail individual bidders (RIIs).

The Company is a product-driven integrated engineering, procurement and construction (“EPC”) player in India, with strong focus on manufacturing (“Manufacturing”) and supplying conductors, power cables and electrical wires and other specialized products and components to the growing power transmission and distribution industry in India. It also manufactures high-temperature low-sag (“HTLS”) conductors used in distribution and transmission lines in India.

The Company supplies conductors, power cables and other specialized products to large EPC players such as Kalpataru Projects International Limited (formerly known as Kalpataru Power Transmission Limited), Jackson Limited, Warora Kurnool Transmission Limited, K.G.N. Electricals, WRSS XXI (A) Transco Limited, Monte Carlo Limited and R.S. Infraprojects Private Limited. It also caters its products to international clients, which include government owned and controlled electricity companies, public enterprises and electricity boards, in countries such as United States of America, Mali, Burkina Faso, Côte d'Ivoire, Nepal, Bangladesh, Kenya, Ghana, Rwanda and Ethiopia. Further, in line with its product-driven strategy and integrated operations, the Company also supplies products for captive consumption in the EPC projects executed by it.

Motilal Oswal Investment Advisors Limited, JM Financial Limited and Monarch Networth Capital Limited are the Book Running Lead Managers to the Offer, and Bigshare Services Private Limited is the Registrar of the Offer.

The Equity Shares are proposed to be listed on BSE and NSE.

Lumino Industries Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed a red herring prospectus dated 2026, with the RoC. The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM https://www.motilaloswal.com/, https://www.jmfl.com/  and https://www.mnclgroup.com/, the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at https://luminoindustries.com/.

Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section “Risk Factors” beginning on page 20 of the RHP. Potential investors should not rely on the DRHP for making any investment decision but should only rely on the information included in the RHP filed by the Company with the RoC.

The Equity Shares offered in the Offer have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act (“Regulation S”).

Disclaimer Clause of Securities and Exchange Board of India (“SEBI”): SEBI only gives its observations on the offer documents and this does not constitute approval of either the Issue or the specified securities stated in the Offer Documents. The investors are advised to refer to page 448 of the RHP for the full text of the disclaimer clause of SEBI.

Disclaimer Clause of BSE: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the RHP has been cleared or approved by BSE Limited, nor does it certify the correctness or completeness of any of the contents of the RHP. The investors are advised to refer to the page 450 of the RHP for the full text of the disclaimer clause of BSE.

Disclaimer Clause of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE, nor does it certify the correctness or completeness of any of the contents of the Issue Document. The investors are advised to refer to page 451 of the RHP for the full text of the disclaimer clause of NSE.

Aza Fashions Opens Its 13th Store in Santacruz, Mumbai, Bringing Designer Fashion and Fine Jewellery Together Under One Roof

Mumbai, 20 August 2026: Aza Fashions has opened its 13th store in Santacruz, Mumbai, expanding its presence in one of the city’s most vibrant fashion neighbourhoods. The new destination brings together an expansive edit of India’s leading designers, emerging talent and contemporary luxury, alongside an expansive Araiya by Aza shop-in-shop featuring exquisite lab-grown diamond jewellery.

Designed as a destination for fashion discovery, the Santacruz store brings Aza’s distinctive multi-designer curation to a new generation of Mumbai’s luxury consumer, offering everything from couture and occasion wear to contemporary ready-to-wear and fine jewellery.

The store was inaugurated in the presence of actor Dia Mirza, who joined Aza as the chief guest for the occasion. The evening commenced with a traditional diya-lighting ceremony led by Dr. Alka Nishar, Founder & Chairperson, Aza Fashions; Devangi Nishar Parekh, Managing Director, Aza Fashions and Founder, Araiya by Aza; and Dia Mirza, marking the opening of Aza’s newest Mumbai address.

The launch also saw the unveiling of the Aza x Dia Mirza x Rocky Star cover, bringing together fashion, culture and contemporary design in a special collaboration.

The evening brought together leading names from Mumbai’s fashion, cultural and social circles, including Kubbra Sait, Ira Dubey, and Rochelle Rao, alongside editors, tastemakers and members of the city’s luxury community. Editors and media personalities in attendance included Aishwarya Subramanyam, Barry Rodgers of The Hindu and Nupur Sarvaiya of Khush Magazine. The event was also graced by the presence of several of India’s leading designers, including Rocky S, Payal Singhal, Nachiket Barve, Rohit Doshi and Rajat Tangri.

Guests experienced the store through a series of immersive experiences, including tea leaf reading and block printing, reflecting Aza’s longstanding belief that fashion is as much about discovery and experience as it is about what we wear.

A New Destination for Fashion and Fine Jewellery

At the heart of the Santacruz store is Aza’s expansive designer edit, spanning couture, bridal and occasion wear alongside contemporary fashion from some of India’s most distinctive design voices.

The store also houses an expansive Araiya by Aza shop-in-shop, bringing fine jewellery into the Aza experience. Araiya by Aza offers exquisite lab-grown diamond jewellery, with a collection designed to move effortlessly between everyday elegance and life’s more significant occasions. The jewellery features IGI-certified lab-grown diamonds and reflects Araiya’s vision of modern luxury through exceptional craftsmanship, contemporary design and thoughtful choices.

Together, Aza and Araiya create a complete luxury destination, where clients can discover the look, the jewellery and the finishing details for everything from an intimate celebration to a destination wedding or milestone occasion.

For Aza, the Santacruz store is also a reflection of how the luxury consumer is evolving. Today’s customer is increasingly informed and discerning, looking beyond established names for craftsmanship, individuality and pieces that feel personal and relevant to their own style.

“The luxury customer today doesn’t want to be told what luxury is. They have their own point of view,” says Devangi Nishar Parekh, Managing Director, Aza Fashions and Founder, Araiya by Aza. “They are discovering designers through Instagram, travelling, experimenting with their personal style and becoming much more discerning about what they choose to invest in. Our role at Aza is to keep evolving with them. Santacruz is a reflection of that: a store where discovery is central, where established designers sit alongside new voices, and where fashion and jewellery come together in one experience. Ultimately, we want Aza to be part of the moments people dress for, and the memories they create around them.”

With the opening of Santacruz, Aza continues to expand its physical retail footprint while strengthening its proposition as a destination for Indian designer fashion and contemporary luxury. The new store brings together fashion, fine jewellery, craftsmanship and discovery under one roof, furthering Aza’s vision of making Indian luxury more accessible, relevant and exciting for today’s consumer.

About Aza Fashions

Aza is India’s premier destination for luxury fashion, curating the finest in bridal, couture and ready-to-wear collections for men and women. Founded by Dr. Alka Nishar, Founder & Chairperson, Aza Fashions, and helmed by Devangi Nishar Parekh, Managing Director, Aza Fashions and Founder, Araiya by Aza, Aza showcases leading designers including Anamika Khanna, Tarun Tahiliani, Rimple & Harpreet Narula, Amit Aggarwal and Seema Gujral, alongside emerging and contemporary design talent discovered by Aza.

With boutiques across Mumbai, Delhi, Hyderabad, Kolkata, Ahmedabad and Surat, as well as a global e-commerce platform and app, Aza offers personalised styling, seamless service and worldwide shipping to over 75 countries, bringing Indian craftsmanship to a global audience.

In 2025, Aza expanded into fine jewellery with the launch of Araiya by Aza, its lab-grown diamond jewellery brand. Araiya brings together contemporary design, exceptional craftsmanship and IGI-certified lab-grown diamonds across jewellery designed for everyday elegance, special occasions and modern heirlooms.

For more information: www.azafashions.com

Tempsens Instruments (India) Limited’s Initial Public Offering to Open on Thursday, August 20, 2026, Price Band set at Rs 285 – Rs 300 Per Equity Share

Mumbai, August 17, 2026: Tempsens Instruments (India) Limited (the “Company”) has fixed the price band of Rs 285/- to Rs 300/- per Equity Share of face value Rs 4/- each for its proposed initial public offer.

 

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Thursday, August 20, 2026, for subscription and close on Monday, August 24, 2026. The Anchor Investor Bid/ Offer Date shall be Wednesday, August 19, 2026.

 

Investors can bid for a minimum of 50 Equity Shares and in multiples of 50 Equity Shares thereafter.

 

Equity shares outstanding as on date is 80,666,025 Equity Shares of face value of Rs 4, each

 

The Offer comprises a fresh issue aggregating up to Rs 950.00 million and an offer-for-sale of up to 18,500,000 equity shares by the Promoter Group Selling Shareholders, Amit Talesara, Puneet Talesara, Chandra Prakash Talesara and the Other Selling Shareholders, Ankit Talesara, and Nirmal Kumar Pande.

 

The Net Proceeds worth Rs 181.34 million will be utilized for funding certain capital expenditure of the Company towards their electrical heating solutions, and specialized cable solutions, Rs 550.00 million for pre-payment or scheduled re-payment, in full or in part, of certain outstanding borrowings availed by the Company, and general corporate purposes.

 

The Offer is being made through the book-building process, in compliance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, wherein not more than 50% of the Net Offer will be available for allocation to qualified institutional buyers (QIBs), not less than 15% to non-institutional bidders (NIBs), and not less than 35% to retail individual bidders (RIBs).

The company is a thermal engineering and specialized cable manufacturer, engaged in the design and manufacture of customized temperature sensing solutions, electrical heating solutions and specialized cables. The company's offerings are tailored to address each customer’s technical requirements. By combining the company's technical expertise with a collaborative approach to customer relationships, it delivers solutions that address complex thermal management and cable challenges across diverse industries. With the company's strong sales and operations teams, it is able to respond quickly to client needs, ensuring timely and effective delivery of their customized solutions.

 

According to the F&S Report, the company is the largest manufacturer of contact and non-contact temperature sensors in India in terms of revenue as of March 31, 2026, with a market share of approximately 10.5% in the temperature sensor segment in Fiscal 2026. The company is also the only Indian manufacturer of non-contact temperature sensors as of March 31, 2026, and held approximately 21.3% of the non-contact temperature sensor market share in Fiscal 2026 (Source: F&S Report).

 

Furthermore, the company is one of the largest manufacturers of electrical heaters in India in terms of installed capacity as of March 31, 2026, and are also one of the few players with the capability to manufacture low-voltage process heaters, with ongoing R&D on medium-voltage heaters (Source: F&S Report).

 

The company is also the only manufacturer of fiber optic temperature sensors and thermal profiling systems in India as of March 31, 2026, and the only manufacturer of pyrometers and online thermal imagers in India in Fiscal 2026 (Source: F&S Report).

 

The company offers a diverse product portfolio structured around three core verticals, temperature sensing solutions, electrical heating solutions and specialized cables. The company's products play a critical role in ensuring the safe, efficient and reliable operation of manufacturing processes across multiple industries.

 

The company demonstrates its capabilities through a diverse portfolio of project/original equipment manufacturer (Project/OEM) engagements and a steadily recurring maintenance, repair and operations (MRO) replacement business. The Project/OEM segment represents a high-barrier, approval-driven market characterized by stringent qualification requirements, where winning large, competitive orders for instrumentation in greenfield or brownfield setups underscores the company's technical credibility and customer trust (Source: F&S Report).

From April 1, 2023 until March 31, 2026, the company has served more than 1,000 unique customers. For this purpose, unique customers mean new customers served in the previous three fiscals, excluding repeat customers. Also, between April 1, 2023 and March 31, 2026, the company exported its products to more than 80 countries.

Together with its joint ventures, the company operates 15 manufacturing units across the world, of which ten are located in Udaipur.

 

Its revenue from operations was Rs 444.8 crore in FY26 stood as against Rs 274.8 crore in FY24. Its net profit was Rs 71 in FY26 as against Rs 40.9 crore in FY24.

 

ICICI Securities Limited, and JM Financial Limited are the book-running lead managers, and KFin Technologies Limited is the registrar of the offer.

 

The equity shares are proposed to be listed on BSE and NSE.

KKR-backed Leap India Limited IPO lists at Rs 166 on the exchange, reaches a high of Rs 166.80 on BSE / NSE

Shares of Leap India Limited List at Rs 166, Up 4%

Stock reached a high of Rs 167 on NSE and Rs 166.80 on BSE

 

Mumbai, August 14, 2026: Shares of Mumbai-based Leap India Limited, largest on-demand asset pooling provider in India’s supply chain management sector (based on the number of pooled Assets), according to the F&S Report, listed at Rs 166 on the exchange.

The scrip reached a high of Rs 167 on the NSE, and Rs 166.80 on the BSE.

As per NSE, the total quantity traded stood at 929.16 lakh shares, on BSE the total Quantity stood at 89.32 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1599.41 crore.

The Market Capitalisation of the Company at today’s closing price stood at Rs 6,392.18 crore as per BSE and Rs 6,431.83 crore as per NSE.

The offer, with a face value of Re. 1, consists of a fresh issue of Rs 480 crore and offer-for-sale of Rs 2,000 crore by promoters – Vertical Holdings II Pte Ltd and KIA EBT Scheme 3 (acting through its trustee, Catalyst Trusteeship Limited).

This offer was subscribed nearly 8.38 times.

About the Company

The company utilises its ‘share and reuse’ business model, referred to as pooling, and it is the largest on-demand asset pooling provider in India’s supply chain management sector (based on the number of pooled Assets), according to the F&S Report. As of March 31, 2026, the company has 14.70 million assets and it maintains a pan-India network of 10,100 customer touchpoints. This circular business model of the company supports its customers while reducing environmental impact and enhancing the time and cost efficiency and safety of supply chains for its customers across India.

The company’s service offerings encompass technology-enabled supply chain solutions that suit customer requirements across industries. The company’s solutions help customers to connect different stages of their own value chain, from the point of manufacturing to distribution of goods all the way to the point of sale (retail).

 

One-Stop Centres Established in Gulf Countries to Ensure Safety of Women Workers – Ministry of External Affairs

14th August, Mumbai/New Delhi – The Government of India has taken significant diplomatic and humanitarian measures to make the working environment safer, simpler and more accessible for Indian women workers employed in the Gulf countries. To provide immediate and coordinated assistance to Indian women facing difficult or crisis situations, seven state-of-the-art ‘One-Stop Centres’ have been established in major cities across the Gulf.

Minister of State for External Affairs Kirti Vardhan Singh provided this information in response to a question raised in the Rajya Sabha. Rajya Sabha MP Rajeev Singh had sought information regarding the challenges faced by Indians working in the Gulf countries and the steps being taken by India in this regard. In his response, the Minister of State said that nearly 10 million Indian citizens reside in the Gulf countries, 4.5 million in the UAE, 2.7 million in Saudi Arabia, 1 million in Kuwait, 820,000 in Qatar, 670,000 in Oman and 310,000 in Bahrain. Between 2014 and June 2026, a total of 5,025,506 emigrant workers holding ‘Emigration Check Required’ (ECR) category passports were granted ‘Emigration Clearance’ (EC) for overseas employment in the six Gulf countries.

According to the Ministry of External Affairs, the Minister said, “Recruitment can only be through State-run RAs or directly by a foreign employer (FE) that is registered with the concerned Indian Mission/Post. An FE hiring women workers is required to deposit a financial guarantee of US$ 2,500/- with the concerned Indian Mission/Post abroad and the contract between the worker and the employer must be duly attested by the Indian Mission. 7 One Stop Centres have been established in the Gulf (in Manama, Muscat, Doha, Riyadh, Dubai, Jeddah and Kuwait) especially to provide timely, comprehensive and coordinated assistance to Indian women in distress. These One Stop Centres have dedicated helplines, facilitate access to medical and police assistance, extend legal aid and counselling and provide psycho-social support.”

He said, “Established channels have been set up to enable them to reach out to the concerned Indian Mission/Post for assistance, including walk-in appointments, email, multilingual 24x7 emergency numbers, WhatsApp numbers, grievance redressal portal like MADAD/CPGRAMS/eMigrate, and social media channels. Pravasi Bharatiya Sahayata Kendras have been set up in 3 locations in the Gulf, namely, Dubai, Jeddah, and Riyadh, to provide guidance and counselling to Indian workers.”

Minister Singh also shared with Parliament data related to complaints received by Indian Missions and their prompt resolution, noting that most cases were resolved immediately. He further stated that Indian workers travelling abroad are also benefiting significantly from the Pravasi Bharatiya Bima Yojana (PBBY).