Shringar House of Mangalsutra Limited’s Initial Public Offering to open on Wednesday, September 10, 2025, price band set at ₹155 /- to ₹ 165 /- per Equity Share

Price Band of ₹155/– ₹165/- per Equity Share bearing face value of ₹10/- each (“Equity Shares”)

Bid/Offer Opening Date – Wednesday, September 10, 2025 and Bid/Offer Closing Date – Friday, September 12, 2025.

Minimum Bid Lot is 90 Equity Shares and in multiples of 90 Equity Shares thereafter.

RISKS TO INVESTORS 

Mumbai, September 3, 2025: Shringar House of Mangalsutra Limited has fixed the price band of ₹155/- to ₹165/- per Equity Share of face value ₹10/- each for its maiden initial public offer. 

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Wednesday, September 10, 2025, for subscription and close on Friday, September 12, 2025. Investors can bid for a minimum of 90 Equity Shares and in multiples of 90 Equity Shares thereafter.

The IPO is entirely a fresh issue of shares up to 2,43,00,000 equity shares with no offer for sale component.  

Incorporated in the year 2009, Shringar House of Mangalsutra is engaged in designing, manufacturing, and marketing a diverse range of Mangalsutras adorned with various stones such as American diamonds, cubic zirconia, pearls, mother of pearl, and semi-precious stones, crafted in 18k and 22k gold. The company primarily serves its business-to-business (B2B) clients and holds approximately 6% of the organized Mangalsutra market in India as of CY23, according to a CareEdge Report.

Shringar House of Mangalsutra caters to a wide array of clients, including Corporate Clients, wholesale jewellers, and retailers across 24 states and 4 union territories in India. Beyond its domestic market, the company has expanded its presence internationally, serving clients in the UK, New Zealand, the UAE, the USA, and the Republic of Fiji. Its marquee Corporate Clients include Malabar Gold Limited, Titan Company Limited, GRT Jewellers India Private Limited, Reliance Retail Limited, Novel Jewels Limited (Aditya Birla Group), Joyalukkas India Limited, and international names like Goldbox Enterprises Limited (UK), Sona Sansaar Limited (New Zealand), and Damas Jewellery LLC (UAE). As on March 31, 2025, the company served 34 corporate clients, 1089 wholesalers, and 81 retailers.

In addition to its core business, Shringar House of Mangalsutra also manufacture and supply Mangalsutras on a job-work basis to their Corporate Clients. For the Fiscals 2025, 2024, and 2023, The company processed a total of 1,320.72 kgs, 1,221.19 kgs and 870.26 kgs of bullion into Mangalsutras.

The company has an extensive portfolio of Mangalsutras, featuring over 15 collections and more than 10,000 active SKUs, offering designs for special occasions like weddings, festivals, and anniversaries, as well as everyday wear. Its collections include antique, bridal, traditional, contemporary, and Indo-western styles, catering to women of all ages with varying price points and weights.

As of June 30, 2025, Shringar House of Mangalsutra employed a dedicated in-house design team of 22 full-time employees focused on creating innovative designs that reflect the latest trends, customer preferences, and demographic needs. Additionally, the company works with 166 in-house Karigars (artisans) and collaborates with a network of third-party Karigars to meet the growing demand for its products.

The company’s registered office is located at Mumbai's Kalbadevi Road and manufacturing facility is located at Lower Parel (West), Mumbai.

Shringar House of Mangalsutra’s revenue from operations increased to ₹ 1,429.81 crore in Fiscal 2025 from ₹ 1,101.52 crore in Fiscal 2024. Profit after tax increased from ₹ 31.10 crore in Fiscal 2024 to ₹ 61.11 crore in Fiscal 2025.

Choice Capital Advisors Private Limited is the sole book-running lead manager, and MUFG Intime India Private Limited is the registrar of the issue.

The Issue is being made through the book-building process, wherein not more than 50% of the net issue shall be available for allocation on a proportionate basis to qualified institutional buyers, not less than 15% of the net issue shall be available for allocation to non-institutional bidders, and not less than 35% of the net issue shall be available for allocation to retail individual bidders.

DISCLAIMERS: SHRINGAR HOUSE OF MANGALSUTRA 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 September 01, 2025 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 i.e., Choice Capital Advisors Private Limited at www.choiceindia.com/merchant-investment-banking, 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 www.shringar.ms. 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 33 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 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 340 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 343 of the RHP for the full text of the disclaimer clause of BSE.

DISCLAIMER CLAUSE OF NSE (The Designated Stock Exchange): 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 343 of the RHP for the full text of the disclaimer clause of NSE.

Gemini Cooking Oil celebrates Ganesh Chaturthi with 15-ft Modak installations across Maharashtra

15-ft modak made with 1,000+ Gemini Sunflower Oil bottles, weighing over 1500 kgs, becomes a major festive attraction 

Festive activations across Mumbai, Pune, and Nagpur spotlight Gemini’s cultural connect

A spectacular 15-foot Modak installation crafted from over 1,000 bottles of Gemini Sunflower Oil takes center stage at the festive celebrations symbolizing prosperity, innovation, and a flavourful tribute to tradition

Mumbai, 02 September 2025: This Ganesh Chaturthi, Gemini Cooking Oil, one of Maharashtra’s most trusted edible oil brands for over four decades, is delighting devotees with a spectacular 15-foot Modak installation created using more than 1,000 bottles of Gemini Sunflower Oil. Displayed at prominent pandals across Mumbai, Pune, and Nagpur, the Modak has quickly become a symbol of prosperity, auspiciousness, and festive indulgence.

Commenting on the initiative, Shailesh Khurana, B2C Lead, Cargill Food South Asia, said: “Gemini has always stood for trust and quality in the kitchens of Maharashtra. With this initiative, we are taking the brand beyond homes and into the heart of the state’s biggest cultural celebration. The Modak installation and our community-focused activities bring alive Gemini’s connection with tradition, culture, and the communities we serve.”

Touted as Mumbai’s biggest Modak as per Gemini brand campaign, these installations have already sparked curiosity and conversations amongst attendees. With teasers on social media and on-ground buzz turning it into one of this year’s most distinctive festive attractions, Gemini has also created wider visibility in Maharashtra through select outdoor and digital touchpoints, further amplifying the celebration.

As part of the festivities, Gemini is also honouring women’s groups who play a central role in sustaining cultural traditions. At select pandals, community women are being felicitated for their contributions to devotional music and festive rituals, strengthening Gemini’s bond with families and traditions at the heart of Ganesh Chaturthi.

For over 40 years, Gemini Cooking Oil has been a household name across Western parts of India, consistently recognized for its quality and authenticity. Most recently, Gemini Sunflower Oil was ranked India’s No. 1 quality sunflower oil brand by Consumer Voice, reaffirming the trust that millions of families in Maharashtra and across India have placed in Gemini for decades. For more details on Gemini Cooking Oil and festive promotions, visit Facebook and YouTube.

                                                                                                                                                                                                          

About Cargill

Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living. 

Our 155,000 team members innovate with purpose, providing customers with life’s essentials so businesses can grow, communities prosper, and consumers live well. With 160 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing — today and for generations to come. For more information, visit Cargill.com and our News Center. 

Sundance Winner Sabar Bonda (Cactus Pears) Unveils Trailer, Sets Indian Theatrical Release for September 19, Distributed by Rana Daggubati’s Spirit Media

Rohan Kanawade’s Sabar Bonda made history as the first Indian fiction feature to win the Grand Jury Prize, the highest honor at the Sundance Film Festival. The film is now backed by an eminent slate of Executive Producers, including Nagraj Manjule , Nikkhil Advani, Saie Tamhankar and Vikramaditya Motwane

Official Trailer - Sabar Bonda (Cactus Pears)

Portraits of the Executive Producers (Nagraj Manjule, Nikkhil Advani, Saie Tamhankar and Vikramaditya Motwane)

Director Rohan Parashuram Kanawade Portrait (Image Credit: Mat Hayward, Getty Images) 

Mumbai, September 1, 2025 – Sabar Bonda (Cactus Pears), the first-ever Indian fiction feature to win the World Cinema Grand Jury Prize: Dramatic at the 2025 Sundance Film Festival, launched its trailer today at a special press event in Mumbai. The film, written and directed by Rohan Parashuram Kanawade, is set to release in theatres across India on 19th September 2025, distributed by Rana Daggubati’s Spirit Media, which previously distributed the acclaimed Cannes Grand Prix winner All We Imagine as Light in India.

Selected from around 17,000 submissions worldwide, it stood as India’s only feature in competition and marked another milestone as the first Marathi-language film ever to premiere at the festival. The film follows Anand, a city-dweller grappling with personal loss and familial pressures, as he embarks on a 10-day mourning ritual in his ancestral village. Amid the rugged beauty of western India, he finds solace and connection with Balya, a childhood friend facing similar societal expectations. With a powerful ensemble cast led by Bhushaan Manoj, Suraaj Suman, and Jayshri Jagtap, the film tenderly explores the fragile bonds of love and companionship 

In a momentous development, acclaimed filmmakers Nagraj Manjule, Nikkhil Advani, Saie Tamhankar and Vikramaditya Motwane have come on board as Executive Producers for Sabar Bonda to champion the film. Their support not only amplifies the film’s reach in India but also reinforces the cultural significance of this landmark project, placing Sabar Bonda among defining works of Indian cinema and a global celebration of Marathi storytelling.

Speaking on the release of the trailer of Sabar Bonda, Rana Daggubati of Spirit Media shared “Sabar Bonda is a tender yet powerful film, deeply rooted in its characters while speaking to something universal. Winning the Grand Jury Prize at Sundance is a landmark moment for the film and for Indian cinema at large. With Sabar Bonda, Rohan has delivered a remarkable debut! Spirit Media is proud to bring this film to audiences in India and to champion its journey as it reaches the world.”

Speaking at release of the trailer and on the incredible support from industry stalwarts championing the film, Rohan Parashuram Kanawade, writer-director of Sabar Bonda, said, “This film is a part of me, shaped by the people and moments that have made me who I am. To watch it grow from an idea to finding recognition at Sundance, and now finally bringing it home, feels deeply humbling and overwhelming. Partnering with Spirit Media to release this film in India is truly special. What makes this journey even more meaningful is the support of incredible filmmakers like Nagraj Manjule, Nikkhil Advani, Saie Tamhankar and Vikramaditya Motwane who have come on board as Executive Producers. To have such voices championing Sabar Bonda is both an honor and a source of great strength.”

Reflecting on the film’s impact and his involvement, Nagraj Manjule shared “As someone who has seen Marathi cinema grow and evolve, it fills me with pride to see a film like Sabar Bonda break through on a world stage. Rohan’s storytelling is both intimate and expansive, it represents the best of what our cinema can achieve. Supporting Rohan and this extraordinary debut felt important because films like this need to be seen, discussed, and celebrated. I’m honoured to be part of its journey home to theatres in India”

Speaking about his decision to back Sabar Bonda, Executive Producer Nikkhil Advani shared “Sabar Bonda is cinema at its purest! It is authentic, universal, and unforgettable. What moved me most was the gentleness and honesty with which Rohan tells this story. For a debut feature to carry this kind of maturity and vision is remarkable. Supporting this journey as the film finds its way back to India feels truly special to me, because films like this remind us why cinema matters. I hope audiences seize the chance to experience this masterpiece in theatres when it releases on September 19.”

Speaking about her association with Sabar Bonda as an Executive Producer, Saie Tamhankar shared, “I am very happy to come on board as an Executive Producer and champion this film. Sabar Bonda is such a beautiful, tender story, told with a rare gentleness. Rohan has created a world where the characters live and breathe with such honesty that they stay with you long after the film ends. I truly believe audiences in India will connect with its heart and beauty, and I feel proud to stand by a film that marks such an exciting new chapter not just for Marathi cinema but also for Indian cinema as a whole.

“Sabar Bonda is rooted in its culture yet speaks to everyone with a voice that’s universal.” 

Aashirvaad Atta celebrates Ganesh Chaturthi with a Special Tribute to the Wheat Grain

The brand launched a new campaign “Gehu Gehu Hai Vishesh, Har Gehu Mein Hai Ganesh” a first-of-its-kind celebration combining the festive spirit and tradition

Mumbai, August 30, 2025: ITC’s Aashirvaad Atta has unveiled a first-of-its-kind festive initiative at one of Mumbai’s most iconic Ganesh pandals – Andheri Cha Raja with its special campaign, “Gehu Gehu Hai Vishesh, Har Gehu Mein Hai Ganesh” campaign.  

Through this initiative, Aashirvaad pays a heartfelt tribute to purity and devotion by unveiling a divine marvel: Lord Ganesha engraved on a single grain of pure wheat. For over two decades, Aashirvaad has stood as India’s most trusted atta brand, delivering the finest quality wheat to millions of households. This gesture reflects the brand’s unwavering commitment to shuddhata (purity) and quality.

The centerpiece of the campaign is the Ganesha Creation Zone - a one-of-its-kind experience that brings alive the purity of wheat in a truly devotional way. Here, devotees are invited to create their own vision of Lord Ganesha, with each artwork magnified onto a majestic golden wheat grain installation and personalized with their name. To make the moment memorable, devotees take home an actual wheat grain engraved with Lord Ganesh, along with prasad and a festive hamper.

Speaking on the occasion, Mr. Anuj Rustagi, Chief Executive - Staples, Foods Division, ITC Ltd, said, “Ganesh Chaturthi is celebrated with grandeur across Maharashtra, and we wanted to create something deeply memorable for devotees. ‘Gehu Gehu Hai Vishesh, Har Gehu Mein Hai Ganesh’ activity captures the essence that every grain of Aashirvaad wheat is as special as the blessings of Lord Ganesha - pure and of impeccable quality because they are sourced from the right farms. Our recently launched Aashirvaad Chakki Range of Premium Sehori, Sehori, Lokwan and Khapli Atta embodies these values and reflect the unique and superior quality wheat choice of discerning Mumbai homemaker.”

Adding to the festive spirit, popular Marathi television celebrity Spruha Joshi graced the Aashirvaad activation zone, where she experienced the entire initiative alongside devotees. Further elevating the devotional aura, renowned miniature maestro Panna Maheshwari, who has mastered the art of inscribing and illustrating on the tiniest canvases, showcased his rare craft by hand-painting Lord Ganesha on an actual wheat grain - with select grains being shared as keepsakes with eminent personalities and lucky devotees, making this Ganesh Chaturthi celebration truly one of a kind.

Spruha Joshi said, "Ganesh Chaturthi is close to every Mumbikar’s heart, and this beautiful concept perfectly captures how the divine touches every aspect of our lives. I'm honoured to be part of this unique celebration that brings together our rich traditions with Aashirvaad's commitment to quality."

In a move to further solidify this unique initiative, Aashirvaad will attempt to create a record for “Biggest Distribution of Ganesha Idols on Wheat Grains” within the 10-day celebration. The activation zone is open to devotees from August 27 to September 05 2025, from 4pm onwards. 

Over 1.59 Crore Repatriated Under Special Operations, Govt Highlights Robust Welfare Measures

Mumbai/New Delhi, 22nd August, 2025– In a parliamentary session on 21st August, Congress MP Vivek K. Tankha asked Minister of State Kirti Vardhan Singh whether the government maintains year-wise records of Indians who emigrated and later returned over the past five years. He also sought data on the scale of repatriations under missions such as Vande Bharat, while questioning whether a centralized migration database exists.

Responding to the Query, MoS Singh clarified that the government does not maintain comprehensive migration records, since travellers often do not disclose details of their stay or employment abroad. However, he noted that data is available for Indian workers holding Emigration Check Required (ECR) passports who travel to 18 notified countries through the e-Migrate portal. The migration under this category stood at 94,145 in 2020, rose to 1,32,675 in 2021, and surged to 3,73,426 in 2022 and 3,98,317 in 2023. It dipped to 3,87,067 in 2024, with 2,56,186 recorded up to July 2025. The Minister further highlighted that repatriations under special operations such as the Vande Bharat Mission covered about 1.597 crore people, including Indian citizens, OCI cardholders and some foreign nationals.

BJP MP Baburam Nishad raised a similar question seeking details of mechanisms to assist Indians facing legal or humanitarian crises abroad, particularly in high-risk regions, and asked whether the government intended to review the effectiveness of such interventions.

In his reply, Minister Singh stressed that safeguarding Indians overseas remains a top priority. Indian missions, he said, issue advisories in conflict-prone areas, operate round-the-clock helplines, and launch evacuations when necessary. Indian nationals in distress can reach missions through walk-ins, email, social media, emergency phone lines, or grievance portals such as MADAD and CPGRAMS. Assistance is also extended under the Indian Community Welfare Fund (ICWF), audited regularly by the Comptroller and Auditor General.

To strengthen outreach, missions hold Open Houses and Consular Camps, while Pravasi Bharatiya Sahayata Kendras in Dubai, Riyadh, and Jeddah provide counselling to workers. There are dedicated labour wings in high-migrant destinations that handle employment disputes, and shelter homes in Gulf countries offer temporary accommodation to distressed nationals pending repatriation.

JICA announces commitment to an Aavishkaar Fund to boost impact investment in Africa and Asia

A leading impact investment group in India, Aavishkaar Group, expand its investments in Emerging Africa and Asia with JICA

Yokohama, 22nd August, 2025: The Japan International Cooperation Agency (JICA) announces its decision to newly participate into “Global Supply Chain Support Fund SCSp” (“Aavishkaar Fund”) to foster impact investing in emerging Africa and Asia. The decision was announced in a speech by Japanese Prime Minister Shigeru Ishiba, at the “Economic Partnership in Indian Ocean - Africa Forum”. The forum was convened in conjunction to the TICAD 9 (Tokyo International Conference on African Development), which is being held in Yokohama, Japan, throughout the week. The fund is being managed by the Aavishkaar Group, a leading impact investment group which is headquartered in Mumbai, India. 

Utilizing JICA’s upcoming contribution to the Fund, the Aavishkaar Group as a fund manager provides credits to private corporates operating in Africa, India and other parts of emerging Asia. These investees are involved in a variety of international business supply chains, including those in agriculture, food processing and manufacturing. JICA’s commitment aims to support small and medium-sized enterprises (SMEs) whose businesses have a significant social and environmental impact. 

By investing in the Aavishkaar Fund, JICA will help the Aavishkaar Group expand into the emerging markets of Africa and Asia, after India, thereby contributing to the development of the wider Indian Ocean region and the global supply chain. 

The war in Ukraine and other international shocks have led to a rapid surge in commodity prices worldwide. This is why improving productivity in emerging continents, such as India and Africa, is crucial for achieving a sound global economy. Developed economies are also observed to demand a higher quality supply chain when trading goods and services with developing countries. The private sector is now being asked more than ever before to properly identify and address the human rights and environmental impacts of its actions throughout the entire global supply chain. JICA’s decision to invest in the Aavishkaar Fund aims to promote ESG integration in the global supply chain between emerging markets and developed economies. 

This announcement also complements Japan’s global development agenda. Specifically, the investment into the Aavishkaar Fund is intended to align with the “Japan-India Cooperation Initiative for Sustainable Economic Development in Africa” to promote supply chain resilience in the vast markets of India, Africa and Japan - an initiative announced by the Japanese government. Furthermore, the investment reflects an initiative called ”IDEA” (Impact Investing for Development of Emerging Africa), which JICA newly launched at the TICAD event on 22nd August to support sustainable growth in Africa through public-private collaboration. Through IDEA, JICA aims to realise a total of USD 1.5 billion in public-private impact investment in Africa, generating development impacts in time for the next round of TICAD (TICAD 10). 

Speaking at the event, Mikio Hataeda, JICA’s Senior Vice President, said: “We are honoured to invest in the Aavishkaar Fund, with which JICA has a long-standing relationship and has achieved significant impact in India. By investing in the fund and entering a new chapter of collaboration with the Aavishkaar Group, we hope to elevate the well-established India-Japan partnership and further strengthen our commitment to impact investment in Africa and Asia.”

Vineet Chandra Rai, Founder and Chairman, Aavishkaar Group, stated, “

We are honoured to welcome JICA’s strategic investment in our Global Supply Chain Support Fund targeting the global south. This collaboration builds upon a decade of our relationship and reflects the long-standing tradition of IndoJapan economic cooperation. Together, we are committed to advancing shared values of sustainable growth and transformative opportunities for SMEs across the African & Asian continent and look forward to a long and an impactful alliance.”

JICA is firmly committed to supporting inclusive and sustainable development in Africa and Asia through strategic partnerships and innovative financing solutions.

About JICA

Established by a specific law as an incorporated administrative institution under the Government of Japan, the Japan International Cooperation Agency (JICA) aims to contribute to the promotion of international development cooperation, as a sole Japanese governmental agency in charge of ODA implementation. JICA, the world's largest bilateral development agency, works as a bridge between Japan and emerging countries and provides assistance in forms of loan, equity investment, grant and technical cooperation so that the emerging countries can strengthen their capabilities.

JICA India Office Web: https://www.jica.go.jp/india/english/index.html

JICA India Brochure (2023-2024): brochure_30.pdf (jica.go.jp)

JICA Facebook Page: https://www.facebook.com/jicaindiapr/

JICA India Chief Representative’s X account: https://x.com/CR_JICAIndia

Bayer launches CAMALUS, a unique pest spectrum insecticide for smarter, sustainable pest management

India, 22nd August – Bayer, a global enterprise with core competencies in the life science fields of agriculture and healthcare, announces the launch of Camalus, a unique pest spectrum insecticide designed specifically for Indian horticulture farmers. Camalus brings a dual mode of action with a unique pest-spectrum control of chewing and sucking pests, which is a need gap in horticultural crop cultivation.

Targeted at premium vegetable markets across key Indian states, Camalus will be available across Punjab, Haryana, Uttarakhand, Uttar Pradesh, West Bengal, Chhattisgarh, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, and Karnataka, beginning August 2025.

Indian vegetable farmers, especially smallholders, face growing combined pressure from chewing and sucking pest infestations, which often require frequent spray cycles. This, combined with the declining effectiveness of existing products leads to a need gap. Camalus addresses this gap with an innovative dual-mode of action that stops pests from feeding quickly and protects the plant from within, both through the roots and leaves. It offers long-lasting protection, reducing the need for repeated sprays—helping farmers save on time, input costs, and labour. Vegetable growers, particularly those cultivating tomato, brinjal, chilli, cabbage, and okra, will find Camalus a powerful solution when used in the early crop stages.

Speaking on the launch, Mohan Babu, Cluster Commercial Lead, Crop Science Division of Bayer in India, Bangladesh & Sri Lanka said, “Vegetable crops are central to meeting India’s nutritional security needs and hold immense potential to strengthen the country’s position in the global export economy. As vegetable consumption rises, ensuring crop productivity and quality becomes even more critical. At Bayer, we are committed to supporting Indian farmers with innovative and sustainable solutions. With Camalus, we bring a next-generation insecticide that not only strengthens pest management but also contributes to building resilient, high-quality vegetable value chains for India and the world.”

Designed with the realities of Indian agriculture in mind, Camalus not only delivers strong pest control but also ensures compatibility with Integrated Pest Management (IPM), minimizing impact on beneficial insects. It enhances leaf penetration, especially when used with high-quality Camalus surfactant ensuring consistent performance even under challenging weather conditions. 

Camalus will be available in 150 ML and 300 ML pack sizes. 

About Bayer

Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. In line with its mission, “Health for all, Hunger for none,” the company’s products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2024, the Group employed around 93,000 people and had sales of 46.6 billion euros. R&D expenses amounted to 6.2 billion euros. For more information, go to www.bayer.com.

Duracell Introduces Innovative range of Lithium Coin Batteries with Bitter coating to help discourage swallowing by toddlers

~ With this new range launch, Duracell puts child safety at the core by offering lithium coin batteries integrating bitter coating with child resistant packaging.

22 August 2025, India – Duracell, the world’s leading manufacturer of high-performance alkaline batteries, specialty cells, and rechargeables, has launched its new range of  Duracell Lithium Coin Battery in India, available in three sizes — CR2025, CR2016, and CR2032. With this launch, Duracell now also offers bitter coating along with child resistant packaging  into some of its lithium coin batteries, combining trusted performance with a safety-first approach designed for modern households in order to help reducing battery ingestions by young children.

Accidental ingestion of button batteries can pose a serious health risk to young children requiring immediate medical attention. These small, shiny batteries are commonly found in household devices, making them easily accessible to curious young children. Despite growing safety concerns, most products available in the Indian market still lack protective features that could reduce the risks. 

Duracell is addressing this issue head-on with a solution that prioritizes both performance and protection. The range of lithium coin batteries features a safety-first design:

A unique non-toxic bitter coating on the battery surface specifically developed to discourage ingestion with release of bitter taste when in contact with saliva.

A tamper-proof double blister packaging that requires scissors to open, making it virtually impossible for children to access the battery on their own for kids below 6 years.

These child safety features are reinforced through visual safety identifiers, such as the “child spitting out” symbol, “bitter coating” label and clear on-pack warnings, enabling parents to instantly recognize the specific range of Lithium coin batteries reaffirming Duracell’s position as a brand that not only provides products which deliver long lasting power but also leads in helping to prevent  accidental child ingestion.

Duracell offers two ranges of child-safe lithium coin batteries across CR2032, CR2025, and CR2016 

Range with Child-Resistant Packaging – We already started the path of child security by supplying a battery that comes in a tamper-proof double blister pack that can only be opened with scissors. Designed to be difficult for children to access, the packaging is clearly marked with safety warnings and is available across key battery sizes. 

Range with Bitter Coating along with Child Resistant packaging – A new innovative range of lithium coin batteries that combines child-resistant packaging with a non-toxic bitter coating on the battery surface itself to discourage swallowing. 

Both ranges are suitable for a wide variety of devices including key fobs, small remotes, scales, wearables, sensors, and medical devices like glucometers and thermometers, as well as sports gear and home security systems. With an in-storage guarantee of up to 10 years, it’s a dependable choice for both everyday and essential electronics.

Speaking about the new range, Sunil Gadgil, General Manager, Duracell India said, “At Duracell, safety and performance go hand in hand. As a brand trusted by families across the world, we are constantly innovating to meet real-life challenges. The accidental ingestion of lithium coin batteries is a serious concern for parents, and as the number of devices that require lithium coin batteries rises, the child safety risk associated with coin battery ingestion also grows accordingly. Parents/caregivers should ensure that Lithium coin batteries are kept out of reach of young children at all times and battery compartment of devices are safely secure. To prevent children from getting their hands on the Lithium coin batteries out from the packaging, all Duracell Lithium coin batteries are packed in child resistant packaging. For additional layer of defense against accidental lithium coin ingestion, we’ve designed our new Lithium Coin Battery range by pairing a non-toxic bitter layer with tamper-proof packaging. It’s a category defining launch in India’s battery segment — one that reflects our proactive approach to helping consumer safety along with the long-lasting power Duracell is known for. 

We’re also proudly partnering  with European Academy of Paediatrics (EAP) since 2023 to raise awareness of the dangers related to battery ingestion. The partnership comprises of prevention campaigns for parents, and we are also addressing paediatricians, particularly EAP members, and other health care professionals to improve their knowledge about detection, treatment and cure.”

Sania Mirza, Indian Former Tennis Player said, “As a parent, the safety of our children is always top of mind. That’s exactly why I’m supporting the #BunnyKids campaign by Duracell— because spreading awareness is the first step towards building safer homes. It’s about being more mindful, more informed, and helping fellow parents take small but significant actions that help keeping  their little ones safe.”

The new Duracell Lithium Coin Battery range is currently available exclusively on Amazon India. With a strong focus on child safety, innovative packaging, and trusted performance, Duracell is not just delivering power but leading a safety-first movement in India’s lithium coin battery space. By prioritizing protection in product design, the brand is raising awareness and setting a new benchmark for innovation in the battery industry.

Reel Link: https://www.instagram.com/p/DNk1-rkiRS5/

Disclaimer: Duracell Specialty Lithium Coin Batteries should be kept out of reach of children. In case of ingestion, seek immediate medical attention. Always store batteries in a secure location to prevent access by children. 

ARKS TURNS LAY’S® COLOUR CODES INTO THE SEASON’S HOTTEST SNEAKERS

A vibrant collision of Lay’s® iconic flavours and ARKS signature energy in a colour-driven special drop.

National, August 18, 2025: In a bold and unexpected collaboration, one of India’s most iconic brands is inspiring a new kind of style story with the launch of Colour-Lays®, a limited-edition capsule collection. Conceptualised and led by Ranbir Kapoor’s visionary lifestyle brand, ARKS, the drop reimagines the instantly recognisable hues from Lay’s® packs into bold, contemporary sneaker designs.

By merging ARKS’ design-first, community-driven ethos with Lay’s® vibrant cultural familiarity, Colour-Lays® creates a fusion of mass appeal and contemporary street style - emerging less as product placement and more as a creative movement.

The Colour-Lays® collection channels the instantly recognisable hues of Lay’s® packs into bold, statement-making silhouettes. Designed by ARKS with a playful aesthetic, each piece merges the familiarity of one of India’s leading potato chips brands with the edge of contemporary street style. As part of the drop, ARKS is introducing sneakers in four new colours, blue, red, orange and neon green, which fits well with the Lay’s Chips and their India’s Magic Masala, Spanish Tomato Tango, West Indies Hot & Sweet Chilli and American Style Cream & Onion.

This limited-edition collaboration brings together two essentials of youth culture: Sneakers + Snacks. It's not just style; it's a flavour-fuelled movement. The ARKS sneakers are designed to reflect the vibrant, playful essence of Lay’s chips, delivering bold colour pops, timeless Low top silhouettes, and a connection to the flavours that have become popular all across India.

Commenting on the launch, Abhinav Verma, Co-Founder & CEO, ARKS says, “At ARKS, we believe in building culture through stories and collaborations that feel authentic to us and our community, The idea started with us asking – what if we took something millions of Indians instantly recognise, and reframed it in the language of sneakers? Lay’s was the perfect partner because their colours are cultural shorthand. Together, we’ve created not just sneakers, but a conversation between nostalgia, identity, and style. For us, it’s a brand statement as much as a business move – proving that collaborations, when done right, build both creative equity and commercial value.”

“ARKS is my canvas – a space for expression, creativity and authenticity. When we thought about how to launch this drop, we knew it had to be more than just a drop. Collaborating with Lay’s® gave us that extra spark, because they’ve always shown up where culture is being created. This one is fun, fresh and full of energy, just the way we imagined it,” added Ranbir Kapoor, Founder of ARKS

In the same spirit, Saumya Rathor, Marketing Director, Lay’s, PepsiCo India, shared “Lay’s is no stranger to the fashion-verse, pop culture, or the emergence of streetwear. We’ve always shown up where culture is being created. Our consumers seek authenticity, creativity, and a sense of connection, and this capsule with our long-time ambassador Ranbir Kapoor delivers exactly that. By blending Lay’s instantly recognisable colour cues with ARKS’ bold lens, we’ve created a true cultural drop – one that’s playful, expressive, and rooted in the energy of now.”

The Colour-Lays® drop will be available on ARKS website for purchase and customization. To stay updated with all things Colour-Lays®, follow @Lay’s_India and @arks on Instagram!

About Lay’s®:

Launched in 1995 in India, Lay’s® is one of the marquee brands from PepsiCo India and has always been known for bringing in flavours of the world along with Indian flavours that our consumers love. Lay’s® has a wide range of offerings under its umbrella, with unique and indulgent flavours that cater to both local and international tastes. It is available in six flavours. Consumers can also log onto the Lay’s® Facebook page at http://www.facebook.com/laysindia and follow us on Instagram at https://www.instagram.com/lays_india/?hl=en 

About ARKS

ARKS a lifestyle brand, started in February 2025, started by Ranbir Kapoor defines his personality. It focuses on creating everyday essentials—refined through timeless, minimalist aesthetics. With an emphasis on classic silhouettes, neutral tones, and premium materials, each piece is designed to transcend seasonal trends, offering enduring style and effortless elegance. ARKS proudly embodies the “Made in India” ethos. Every ARKS product is a reflection of thoughtful craftsmanship, where meticulous attention to detail ensures unmatched quality, comfort, and durability. Check us out at www.arks.club and follow us on Instagram https://www.instagram.com/arks/?hl=en.

About PepsiCo India: 

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated nearly $92 billion in net revenue in 2024, driven by a complementary beverage and convenient foods portfolio that includes Lay’s®, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. 

Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com, and follow on X (Twitter), Instagram, Facebook, and LinkedIn @PepsiCo. 

Vikran Engineering Limited’s Initial Public Offering to open on Tuesday, August 26, 2025, price band set at ₹92/- to ₹97/- per Equity Share

Mumbai, August 19, 2025: Vikran Engineering Limited has fixed the price band of ₹92/- to ₹97/- per Equity Share of face value ₹1/- each for its maiden initial public offer. 

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Tuesday, August 26, 2025, for subscription and close on Friday, August 29, 2025. Investors can bid for a minimum of 148 Equity Shares and in multiples of 148 Equity Shares thereafter.

The IPO is a mix of fresh issue of shares up to ₹721 crore and an offer for sale up to ₹51 crore by Rakesh Ashok Markhedkar. 

The proceeds from the fresh issue to the extent of ₹541 crore for funding working capital requirements of the company; and general corporate purposes.

Vikran Engineering is one of the fast-growing Indian Engineering, Procurement and Construction (EPC) company in terms of revenue growth over FY23-25, compared to the average industry growth estimates and the peer set considered. (Source: CRISIL Report). The company has a diversified project portfolio, with majority revenue from energy and water infrastructure verticals. It provides end-to-end services from conceptualisation, design, supply, installation, testing and commissioning on a turnkey basis and has presence across multiple sectors including power, water, and railway infrastructure. 

In the power sector, the company has presence in both- power transmission and power distribution. In the water sector, its projects include underground water distribution and surface water extraction, overhead tanks, and distribution networks. In the water sector, its projects include underground water distribution and surface water extraction, overhead tanks, and distribution networks. The company also has experience in Solar EPC of ground mounted solar projects and smart metering.

As of June 30, 2025, it has successfully completed 45 projects across 14 states with a total executed contract value of ₹ 1,919.92 crore. The company has 44 ongoing projects across 16 states, aggregating orders of ₹ 5,120.21 crore, of which Order Book of ₹ 2,442.44 crore. 

The company's clients from the government sector include NTPC Limited, Power Grid Corporation of India Limited, South Bihar Power Distribution Co. Ltd., North Bihar Power Distribution Co. Ltd., Transmission Corporation of Telangana Limited, Madhya Pradesh Power Transmission Company Limited, Madhya Pradesh Madhya Kshetra Vidyut Vitran Company Limited, District Water and Sanitation Mission (PHED) and State Water and Sanitation Mission (SWSM). Further it is also working on certain projects for Assam Power Distribution Company Limited and the Danapur division of the Eastern Central Railway.

Vikran Engineering’s revenue from operations increased by 16.53% from ₹785.95 crore in Fiscal 2024 to ₹915.85 crore in Fiscal 2025, primarily due to an increase in income from EPC services and in the number of projects awarded. Profit after tax increased by 3.99% from ₹74.83 crore in Fiscal 2024 to ₹77.82 crore in Fiscal 2025.

Pantomath Capital Advisors Limited, and Systematix Corporate Services Limited are the book-running lead managers, and Bigshare Services Private Limited is the registrar of the issue.

The Offer is being made through the book-building process, wherein not more than 50% of the net offer shall be available for allocation on a proportionate basis to qualified institutional buyers, not less than 15% of the net offer shall be available for allocation to non-institutional bidders, and not less than 35% of the net offer shall be available for allocation to retail individual bidders.

Notes for Reference: 

Issue Size of the IPO based on the upper and lower end of the price band

Fresh Issue   

OFS (85,00,000 equity shares)

Total  

Lower Band (@Rs 92)

Rs 721 crore

Rs 51 crore

Rs 772 crore

Upper Band (@Rs 97)

Rs 721 crore

Rs 51 crore

Rs 772 crore