Tag: Business

  • Limelight Lab Grown Diamonds Raises INR 275 Crore to Strengthen Vertical Integration and Accelerate Retail Expansion Across India

    Limelight Lab Grown Diamonds Raises INR 275 Crore to Strengthen Vertical Integration and Accelerate Retail Expansion Across India

    Pooja Madhavan – MD and Founder at Limelight Lab Grown Diamonds

    Mumbai (Maharashtra) [India], July 1: Limelight Diamonds, India’s leading lab grown diamond jewellery brand, has successfully completed an INR 275 crore strategic funding round led by the Company’s core promoters, the Bhathwari Group, along with participation from key strategic partners from the jewellery industry. The round also saw strong participation from several of the Company’s franchise partners, reinforcing their confidence in Limelight’s long-term vision, business fundamentals, and growth trajectory.

    The capital has been raised through a combination of equity and cash consideration and will be utilised towards strengthening the Company’s vertical integration capabilities, expanding manufacturing infrastructure, enhancing design and innovation capabilities, and accelerating retail expansion across India. 

    At a time when the national conversation is increasingly focused on strengthening domestic industries and reducing dependency on imports under the Hon’ble Prime Minister’s “Make in India” vision, Limelight Diamonds believes the lab grown diamond sector is uniquely positioned to become a globally competitive Indian luxury category. Lab grown diamonds represent a modern, technology-led manufacturing opportunity for India. With strong domestic manufacturing capabilities, skilled craftsmanship, and growing consumer demand, the category aligns closely with India’s ambition to emerge as a global manufacturing and export hub.

    Commenting on the milestone, Pooja Madhavan, Founder & MD, said:

    “This funding round is a strong validation of Limelight’s vision and the growing potential of the lab grown diamond industry in India. At a time when Hon’ble Prime Minister’s ‘Make in India’ vision is driving focus towards domestic manufacturing and global competitiveness, we believe lab grown diamonds present a significant opportunity for India to lead a new-age luxury category globally. This investment will help us strengthen Indian manufacturing, accelerate retail expansion, and build a world-class brand from India for the world.”

    Limelight Diamonds also confirmed that its retail expansion plans remain firmly on track, with aggressive growth planned across metro cities, Tier I, and emerging Tier II markets. The Company aims to significantly increase its national retail footprint over the next phase of growth through a combination of company-owned and franchise-operated stores, with a target of adding 100 stores in 2026 and scaling up to 200 stores by 2027.

    The funding comes at a time when consumer interest in lab grown diamonds is witnessing rapid momentum globally, driven by evolving preferences, value-conscious luxury consumption, sustainability considerations, and increasing acceptance among younger consumers.

    With a strong retail network, vertically integrated operations, and growing investor confidence, Limelight Diamonds is positioning itself at the forefront of India’s next-generation jewellery revolution.

    BSC Advisors served as the financial advisor to Limelight Lab Grown Diamonds for this strategic fundraising. 

    About Limelight Diamonds

    Headquartered in Mumbai, Limelight Diamonds is India’s largest and most trusted lab-grown diamond jewellery brand, specializing in pure CVD lab-grown diamonds. Limelight has been a pioneer in building the lab grown diamond category in India, offering consumers exceptional brilliance, purity, and contemporary design.

    Over the past few years, the brand has witnessed rapid nationwide expansion and today boasts the widest retail footprint for lab grown diamond jewellery in India, with 75+ exclusive brand outlets across 45+ cities. Limelight’s collections span solitaires, everyday fine jewellery, and statement pieces, catering to modern Indian consumers. With a strong focus on retail excellence, design innovation, and consumer education, Limelight continues to lead the growth of the lab-grown diamond jewellery segment in India.

    For more information, visit www.limelightdiamonds.com.

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  • Lenskart Joins Labubu Makers POP MART to Launch Eyewear Collection In India With Janhvi Kapoor

    Lenskart Joins Labubu Makers POP MART to Launch Eyewear Collection In India With Janhvi Kapoor

    New Delhi [India], July 01: Lenskart, India’s leading eyewear brand, has launched an exclusive collaboration with POP MART in India. The collaboration was unveiled a week ago at Ambience Mall, Gurgaon, fronted by actor and style icon Janhvi Kapoor.

    Known globally as the company behind the viral Labubu phenomenon and the brand that popularised blind-box collectibles across Asia, POP MART has built a loyal fanbase through its character-led storytelling and collectible culture. Marking POP MART’s first official collaboration in India, the partnership brings one of its most-loved character universes into the fashion accessories category.

    Inspired by Sweet Bean’s popular “I Want A Hug” series, the limited-edition collection features 21 eyeglass and sunglasses styles that blend fashion, self-expression and collectability. Designed to bring the charm of the Sweet Bean universe into everyday style, the collection incorporates signature temple artwork, Sweet Bean branding, playful star-and-heart accents and character-inspired details across the range.

    Created for a generation that views accessories as an extension of personality, the collection reimagines eyewear as more than a functional necessity, transforming it into a statement piece that reflects individuality and creativity.

    The collaboration follows the successful launch of Lenskart’s POP MART collections in Singapore and Thailand, underscoring the growing popularity of character-led fashion and collectible culture across Asia and reinforcing the opportunity to bring the phenomenon to Indian consumers.

    Speaking on the launch, Peyush Bansal, Co-founder & CEO, Lenskart, said:

    “POP MART is a global phenomenon that has defined the fashion trends of a generation. With this collaboration, we are officially bringing this cultural statement to India for the first time in history, and this partnership is only just the beginning.”

    Adding to the collectible experience, Lenskart Bitz frame purchases will include Sweet Bean-inspired magnetic Bitz charms packaged in surprise blind packets, bringing the excitement of POP MART’s iconic blind-box culture to eyewear. The charms can be attached to compatible Lenskart Bitz frames, allowing consumers to personalise their look.

    The POP MART x Sweet Bean “I Want A Hug” Collection is available across 1000 Lenskart stores nationwide and on Lenskart.com from 1st June 2026, with prices starting from ₹3000.

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  • 250+ Delegates from 20+ Countries Converge at GTTCI’s 3rd MSME Connect to Strengthen Global Partnerships

    250+ Delegates from 20+ Countries Converge at GTTCI’s 3rd MSME Connect to Strengthen Global Partnerships

    New Delhi [India], July 1: The Global Trade & Technology Council (India) (GTTCI) successfully organized the 3rd MSME Connect – Global Growth Forum 2026 at the CSOI Auditorium, Chanakyapuri, New Delhi, bringing together over 250 delegates from more than 20 countries to commemorate United Nations World MSME Day. The forum served as a high-level platform for dialogue on strengthening international partnerships, empowering MSMEs, and enhancing global economic cooperation through diplomacy, innovation and sustainable development.

    The event was graced by Shri Lumbaram Chaudhary, Hon’ble Member of Parliament from Rajasthan, as the Guest of Honour, while the inaugural keynote address was delivered by H.E. Mr. Alem Tsehaye Woldemariam, Ambassador of Eritrea. The event commenced with welcome address by Dr. Gaurav Gupta, Founder President, GTTCI, where he highlighted GTTCI’s continued commitment towards connecting Indian MSMEs with global opportunities through economic diplomacy and strategic international partnerships.

    The forum witnessed the distinguished presence of Ambassadors from Eritrea, Mauritania, Timor-Leste, Trinidad & Tobago, Comoros, and Lesotho, along with diplomats and senior representatives from the Embassies of Belarus, Canada, Cuba, Djibouti, Egypt, Madagascar, Russia, Sri Lanka, Tajikistan, and Vietnam, as well as UNESCO. The programme also welcomed participants from several other countries, including Nicaragua, Rwanda, Zambia, and other international delegations, demonstrating the truly global character of the event.

    Panel Discussion 1: Strengthening Global Partnerships for Sustainable MSME Growth

    The first panel discussion on “Strengthening Global Partnerships for Sustainable MSME Growth” was moderated by Dr. Waiel Awwad, Secretary General, IACCIA.

    The distinguished panel comprised:

    • Dr. Gaurav Gupta
    • H.E. Mr. Karlito Nunes, Ambassador of Timor-Leste
    • H.E. Mr. Chandradath Singh, High Commissioner of Trinidad & Tobago
    • Ambassador Akhilesh Mishra, Former Officer on Special Duty (Development Partnership Administration), Government of India
    • Mr. Rakesh Kumar, Chairman, India Exposition Mart Ltd.
    • Mr. Ram Kailash Gupta, Chairman, Technia Institute
    • Ms. Guadalupe, Deputy Ambassador of the Republic of Cuba

    The deliberations focused on international cooperation, investment opportunities, public-private partnerships, sustainability and building resilient MSME ecosystems.

    MSME Excellence Awards 2026

    The MSME Excellence Awards 2026 were presented in recognition of outstanding contributions to entrepreneurship and innovation.

    The awards were presented to:

    • Dr. Urvashi Mittal, Founder, The Flask Club
    • Representatives of Fintech Cloud

    The Hon’ble Guest of Honour and Ambassadors also participated in the felicitation ceremony.

    Panel Discussion 2: Women Entrepreneurs Shaping the Future of Global Business

    The second panel discussion on “Women Entrepreneurs Shaping the Future of Global Business” featured:

    • Dr. Gaurav Gupta
    • Mr. Kapila J. Kumara, Minister Counsellor, High Commission of Sri Lanka
    • Dr. Benno Boer, Programme Specialist, Natural Sciences Unit, UNESCO
    • Dr. Aruna Abhey Oswal, Chairperson, Abhey Oswal Group & Aruna Abhey Oswal Trust
    • Ms. Elena Komarova, CEO, JSC VTB Bank New Delhi Branch
    • Dr. Sandeep Marwah, Founder, Noida Film City
    • Dr. Pawan Kansal, Chairman, Shri & Sam
    • Dr. Ayat Saad Ahmed Ismail, Head, Bureau of Cultural and Educational Relations, Embassy of Egypt

    The discussion highlighted women’s leadership, entrepreneurship, innovation, financial inclusion and the creation of an inclusive global business ecosystem.

    Panel Discussion 3: Geo-Economic Disruptions and the MSME Sector in India

    The concluding panel discussion on “Geo-Economic Disruptions and the MSME Sector in India” was moderated by Ambassador Anil Trigunayat, President, MIICCIA and Former Ambassador of India to Jordan, Libya and Malta.

    The panel brought together:

    • Dr. Gaurav Gupta
    • Mr. Metsing Ediel Lemphane, Chargé d’Affaires, High Commission of the Kingdom of Lesotho
    • H.E. Mr. K. L. Ganju, Honorary Consul General, Union of the Comoros
    • Mr. Evgeny Griva, Deputy Trade Commissioner, Embassy of the Russian Federation in India
    • Ms. Yen, First Secretary, Trade Office, Embassy of Vietnam
    • Mr. Kapil Malhotra, Trade Commissioner, Ontario, Canada
    • Dr. Harvansh Chawla, Chairman, BRISEC Chamber of Commerce & Industry
    • Ambassador Amarendra Khatua, Former Secretary, Ministry of Commerce, Government of India, and Advisor, GTTCI

    The discussion focused on supply chain resilience, evolving global trade dynamics, export competitiveness, and policy measures required to strengthen India’s MSME sector in an increasingly complex geo-economic landscape.

    Distinguished Guests

    The forum was further enriched by the presence of several distinguished dignitaries and industry leaders as Special Guests, including:

    • Ms. Elena Remizova, Head of Russian House
    • Shri Dhiraj Dhar Gupta, Director, Joyson Safety Systems
    • Mr. Anurag Garg, President, Rajasthan Club
    • Mr. Navratan Aggarwal, Director, Bikanervala
    • Mr. Rajeev Jain, IIS
    • Mr. Anoop Verma, Editor, ETGovernment

    Their presence added significant value to the deliberations and underscored the growing collaboration between industry, media, institutions and the diplomatic community in strengthening India’s MSME ecosystem.

    Conclusion

    The programme concluded with a renewed commitment from GTTCI to deepen international engagement, strengthen economic diplomacy and create meaningful opportunities for Indian MSMEs to expand into global markets. With participation from diplomatic missions, policymakers, industry leaders and entrepreneurs across continents, the 3rd MSME Connect – Global Growth Forum 2026 reaffirmed GTTCI’s role as a leading platform for fostering global trade, investment and sustainable economic cooperation.

    Visit us at www.gttcindia.com

  • Freossi Launches ‘Freossi Grooming Tribe’ to Shape the Future of Professional Pet Grooming in India

    Freossi Launches ‘Freossi Grooming Tribe’ to Shape the Future of Professional Pet Grooming in India

    Mumbai (Maharashtra) [India], July 1: Freossi, one of India’s leading pet care brands, recently launched the Freossi Grooming Tribe at Zane’s Pet Spa in Mumbai. More than 60 participants from across the pet care and grooming industry attended the program. The event was graced by internationally recognised cat grooming expert Fadly Fuad, who shared valuable insights on advanced grooming techniques and feline handling, demonstrating global best practices to the attendees.

    During the discussion, the brand highlighted the significant gaps they have identified in the current landscape, noting that cat groomers often lack specialised training and are not adequately compensated. Many practitioners have limited theoretical knowledge and face challenges in handling fussy or aggressive cats during grooming. Consequently, they struggle to deliver top-tier professional grooming services.

    Commenting on the state of the industry, Yogesh Khadke, CEO, Freossi, said, “The future of pet care lies in specialization and professional excellence. By bringing together industry experts and grooming professionals, we’re helping build a stronger and more capable grooming ecosystem for India.”

    In response to these challenges, Freossi launched the Freossi Grooming Tribe as part of its broader commitment to building expertise among professional groomers and elevating standards across the country. The initiative aims to create robust opportunities for hands-on learning, professional development, and practical training for both aspiring and existing groomers.

    Speaking about the initiative, Chinmay Bora, National Sales Manager – Grooming, Freossi, said, “India’s grooming industry is growing rapidly, but skill development must grow alongside it. Through the Freossi Grooming Tribe, we’re creating a platform that empowers groomers while helping raise service standards across the country.”

    Freossi

    Freossi believes that professional cat grooming requires specialised knowledge, proper handling techniques, and the right equipment. The initiative is designed to equip groomers with the skills and confidence needed to provide high-quality grooming services while improving career opportunities within the industry.

    Highlighting the long-term impact of the initiative, Dr. Dhananjay Pandit, President – Research & Development, Freossi, said, “Every skilled groomer contributes to better pet welfare. Our goal is to provide continuous learning opportunities that help professionals grow while delivering safer and higher-quality grooming experiences.”

    Following the highly positive response to the Mumbai chapter, Freossi plans to launch additional training programmes and workshops – including in-person sessions and collaborative modules – in various cities across the country. The brand’s long-term mission remains focused on building a strong network of grooming professionals and supporting their continuous growth within the pet care ecosystem.

    About Freossi

    Freossi is committed to developing and spreading pet care standards through education, innovation, and professionally developed practices. The company works in association with industry experts and pet care communities to create opportunities, accelerate skill development, improve service quality, and ultimately enhance the welfare of animals who are cherished members of our families.

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  • Smart Ways to Fund Home Renovation, Construction, or Emergencies with a Home Loan or Top-Up Loan

    Smart Ways to Fund Home Renovation, Construction, or Emergencies with a Home Loan or Top-Up Loan

    New Delhi [India], July 01: Owning a home frequently brings financial needs that go beyond the initial purchase. From building an additional floor and upgrading interiors to handling unexpected repair expenses, homeowners may require access to additional funds at different stages of property ownership.

    While dipping into savings is one option, it may not always be practical or sufficient. Depending on the purpose and stage of ownership, financing solutions such as a home loan for construction or a top-up loan on an existing home loan can help address planned and unplanned expenses in a structured manner. Understanding how these options work, their ideal use cases, and the factors to consider before borrowing can help homeowners make informed financial decisions.

    Understanding Home Loans and Top-Up Loans for Additional Funding Needs

    Home loans and top-up loans are both secured borrowing options linked to residential property, but they serve different purposes and apply at different stages of homeownership.

    A home loan, offered by reputed lending institutions such as SMFG Grihashakti, is typically used to purchase, construct, extend, or substantially improve a property. Eligibility is assessed based on factors such as age, income, credit profile, repayment capacity, and property value. The property being financed serves as collateral, and loan amounts are determined according to the borrower’s eligibility and the lender’s policies.

    A top-up loan, on the other hand, is an additional amount borrowed against an existing home loan. It is generally available to borrowers with a satisfactory repayment track record. The approved amount for a home loan top-up also depends on the outstanding loan balance and the current property valuation.

    When to Use a Home Loan for Construction and Property Development

    Home loans can support a wide range of property-related needs beyond the purchase of a ready-to-move-in structure. They may be used for self-construction on an owned plot, adding an extra floor, or undertaking major structural modifications.

    As construction and development activities often require substantial funding over an extended period, lenders typically disburse the approved loan amount in phases, based on construction progress and the submission of relevant documents.

    Applicants are typically required to provide proof of land/property ownership, approved building plans, project cost estimates, and other property-related documents, along with standard income and identity proofs. Repayment tenures generally extend up to 30 years*, allowing borrowers to spread the financial commitment over a longer period and plan their cash flow more effectively.

    How a Top-Up Loan Can Help Fund Renovation and Emergency Expenses

    A top-up loan allows existing home loan borrowers to access additional funds over and above their current loan amount, subject to factors such as repayment history, outstanding balance, property value, and lender policies.

    Because the loan is linked to an existing home loan, the application process may be simpler than applying for a fresh unsecured loan. Depending on lender policies and property valuation, borrowers may be able to access funds without providing additional collateral, as the underlying property already serves as security.

    A top-up loan may also be available when you opt for a home loan balance transfer from another lender. In such cases, you typically need to meet the new lender’s eligibility criteria for both the balance transfer and the top-up facility.

    A home loan top-up can be used for a range of planned and unplanned expenses. Common use cases include home renovation projects, structural repairs, interior upgrades, medical emergencies, or other urgent financial requirements.

    Compared with some unsecured borrowing options, top-up loans may offer lower interest rates and longer repayment tenures. However, borrowers should carefully assess the impact of additional borrowing on their monthly obligations and overall financial goals before proceeding.

    Key Factors to Consider Before Borrowing Additional Funds

    Before taking on additional borrowing, it is important to evaluate how the new repayment obligation will fit into your existing financial commitments. Consider the impact of the revised EMI on your monthly budget, along with the applicable interest rate, loan tenure, and total borrowing cost over the repayment period.

    Existing liabilities, including credit card dues, should also be factored into the decision. Maintaining a healthy credit score (ideally above 700) can improve eligibility and borrowing terms. In addition, preserving an emergency fund may help avoid excessive reliance on credit during unexpected situations.

    Final Thoughts

    Financial needs often evolve throughout the homeownership journey, from construction and expansion plans to renovation projects and unexpected repair expenses. A home loan can support long-term property construction or development needs, while a home loan top-up may provide additional funding for eligible borrowers who already have an active loan and require extra financial flexibility.

    Understanding the purpose of borrowing, repayment capacity, and long-term financial commitments can help homeowners use these financing options more effectively and make informed decisions aligned with their goals.

    T&C apply. Loan eligibility, loan terms, and loan disbursement processes are subject to SMFG Grihashakti’s policy at the time of loan application.

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  • Digikore Studios Signs China Distributor for Kingdom Games at MIFA Annecy; Major Step Towards Global Release of the Film

    Digikore Studios Signs China Distributor for Kingdom Games at MIFA Annecy; Major Step Towards Global Release of the Film

    Pune (Maharashtra) [India], July 01: Digikore Studios Limited (NSE: DIGIKORE), a leading technology-driven Visual Effects studio, is pleased to inform stakeholders that its original AI-assisted animated feature film, Kingdom Games, received a fantastic response at MIFA, Annecy, one of the world’s most important animation markets. A major highlight was the signing of a China distributor for Kingdom Games — a significant milestone given China’s position as one of the world’s largest and most influential film markets.

    View Kingdom Games Film Trailer: https://vimeo.com/user16751730/kg-mifa-trailer

    The importance of China for animated films has been further highlighted by the historic success of Ne Zha 2, which crossed US$2 billion at the global box office and became the highest-grossing animated film of all time. This demonstrates the extraordinary scale and appetite of the Chinese market for high-quality animated storytelling.

    Key Highlights

    • China distribution secured: Signing a China distributor is a major strategic win and opens access to one of the world’s biggest theatrical and family-entertainment markets.
    • Strong validation at MIFA: The response from sales agents, distributors and buyers validates the global appeal of Kingdom Games and strengthens Digikore’s confidence in the film’s international potential.
    • Global distribution momentum: Digikore held several encouraging meetings with distributors and sales agents across multiple territories, creating a strong foundation for wider international distribution.
    • Indian animation on the global stage: Kingdom Games has the potential to become one of the most widely distributed animated feature films produced by an Indian company.
    • AI-assisted animation breakthrough: Digikore has disrupted traditional animation economics through its proprietary AI-assisted production pipeline, enabling high-quality animated content at nearly one-tenth the cost of conventional production cost.
    Commenting on the Update, Mr. Abhishek More, Founder & CEO, Digikore Studios Limited, said: Signing a China distributor for Kingdom Games at MIFA is a massive milestone for Digikore. China has emerged as one of the most powerful markets for animated films, and this partnership gives Kingdom Games a strong international launchpad. More importantly, it validates Digikore’s transition from a pure-play VFX services company to a global media and technology company. Our proprietary AI-assisted animation pipeline allows us to create high-quality content at a fraction of traditional cost, opening the door to long-term revenue growth through owned IP, global distribution and multiple monetization streams. This is an important step in building Digikore’s future.”

    About Digikore Studios Limited:

    Digikore Studios Limited is a leading technology-driven Visual Effects studio serving global entertainment clients across films, streaming and television. The Company is known for delivering high-quality VFX work for major international productions and continues to expand its capabilities through innovation, execution excellence, and strategic initiatives designed to build long-term scale and resilience.

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  • VMS TMT Limited Approves Amalgamation with Aditya Ultra Steel Limited

    VMS TMT Limited Approves Amalgamation with Aditya Ultra Steel Limited

    Ahmedabad (Gujarat) [India], July 1: VMS TMT Limited, one of Gujarat’s leading manufacturers of Thermo-Mechanically Treated (TMT) steel bars, today announced that its Board of Directors has approved the Scheme of Amalgamation for the merger of Aditya Ultra Steel Limited (“AUSL”) into VMS TMT Limited, subject to the receipt of necessary statutory and regulatory approvals.

    The proposed amalgamation represents a transformational milestone in VMS TMT’s growth journey and is aimed at creating a larger, stronger, and more integrated steel manufacturing enterprise with enhanced manufacturing capabilities, broader market reach, improved operational efficiencies, and greater financial strength.

    Strategic Rationale

    VMS TMT and Aditya Ultra Steel are well-established manufacturers of premium-quality TMT bars operating under the Kamdhenu brand ecosystem across different territories of Gujarat. The proposed amalgamation will integrate these complementary businesses into a single listed entity, enabling seamless operations across the state while unlocking significant operational and financial synergies.

    Key Benefits of the Combined Entity

    • Unified Brand Presence: A consolidated “Kamdhenu” brand footprint across Gujarat, creating a stronger market presence and a unified customer proposition
    • Expanded Distribution Network: A significantly enhanced distribution platform comprising over 300 dealers and multiple distributors, enabling deeper market penetration and improved customer reach.
    • Enhanced Manufacturing Scale: A combined installed manufacturing capacity of over 300,000 tonnes per annum, creating substantial economies of scale across procurement, production, logistics, and distribution.
    • Operational & Resource Synergies: Improved utilization of manufacturing facilities, renewable energy assets, human capital, and working capital, resulting in enhanced productivity and cost efficiencies.
    • Stronger Financial Profile: A larger balance sheet, simplified corporate structure, improved financial flexibility, and enhanced capability to pursue future organic and inorganic growth opportunities.

    Strengthening Market Leadership

    The proposed amalgamation will combine the manufacturing infrastructure, distribution network, management expertise, and financial resources of both companies, creating a stronger platform for sustainable long-term growth.

    The integration is expected to enhance customer service through a unified supply chain, strengthen execution capabilities, improve compliance with brand licensing obligations, optimize resource allocation, and reinforce VMS TMT’s leadership position within Gujarat’s steel manufacturing industry.

    Share Exchange Ratio

    Under the approved Scheme of Amalgamation, shareholders of Aditya Ultra Steel Limited will receive 75 equity shares of VMS TMT Limited for every 100 equity shares held in Aditya Ultra Steel Limited, subject to the terms of the Scheme and receipt of all applicable approvals.

    Regulatory Approvals

    The Scheme remains subject to approvals from the Securities and Exchange Board of India (SEBI), the National Company Law Tribunal (NCLT), BSE Limited, the National Stock Exchange of India Limited (NSE), shareholders, creditors, and other applicable statutory and regulatory authorities.

    Management Commentary

    Commenting on the approval of the Scheme, Mr. Varun Jain, Chairman & Managing Director, VMS TMT Limited, said:
    “The proposed amalgamation marks a defining milestone in VMS TMT’s evolution and reinforces our commitment to building a stronger, future-ready steel enterprise. By bringing together two highly complementary businesses, we are creating an integrated platform with enhanced manufacturing capabilities, a wider distribution footprint, stronger financials, and greater operational efficiencies. This strategic combination positions us to serve our customers more effectively, strengthen our leadership across Gujarat, capitalize on emerging growth opportunities, and deliver sustainable long-term value to our shareholders. We remain committed to operational excellence, innovation, and supporting India’s rapidly growing infrastructure and construction sectors.”

    About VMS TMT Limited

    VMS TMT Limited is engaged in the manufacturing of premium-quality Thermo-Mechanically Treated (TMT) bars marketed under the “Kamdhenu NXT” brand. The Company also deals in scrap and binding wires, serving customers across Gujarat through an established distribution network. With a strong focus on quality, operational excellence, and customer satisfaction, VMS TMT continues to strengthen its position as a trusted partner for India’s infrastructure and construction industry.

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  • My Interior Designers Captures Mumbai’s Expanding Interior Market from Practical Value to Luxury-Led Living

    My Interior Designers Captures Mumbai’s Expanding Interior Market from Practical Value to Luxury-Led Living

    Mumbai (Maharashtra) [India], July 1: In a city where compact homes, ambitious upgrades, and premium residences now sit within the same fast-moving design economy, the platform is creating a more relevant route for both seekers and service providers

    My Interior Designers is stepping into a particularly important part of Mumbai’s design conversation: the widening distance between what people can spend, what they aspire to create, and how difficult it remains to find the right match in between. Built for people seeking design support across different budget levels and for professionals seeking more meaningful visibility, the platform is entering a market where Connecting You to Trusted Interior Designers feels less like a slogan and more like a timely answer to a real search problem.

    Mumbai is one of the few cities where budget discipline and luxury ambition can coexist within the same residential landscape without seeming contradictory. One household may be working to improve a compact apartment with disciplined spending and careful prioritisation. Another may be shaping a premium residence where finish, materiality, and spatial experience carry equal weight. In both cases, the search is serious. A user looking at Affordable Interior Designers in Mumbai is often trying to maximise usability and comfort, while another comparing Luxury Interior Designers in Mumbai may be focused on elevated design expression and a more curated residential outcome.

    That split is exactly what makes the city worth watching. Mumbai’s interior market is no longer operating inside one predictable value bracket. It includes people seeking thoughtful upgrades without overspending, residents trying to make limited square footage work harder, and families who want refined homes that reflect rising lifestyle expectations. At the same time, it includes a mature premium segment where homes are being designed as statements of personal identity, quiet luxury, and long-term residential value. This is why Premium Interior Designers in Mumbai and Cheap Interior Designers in Mumbai can belong to the same wider search conversation, even though the user intent behind them is entirely different.

    The point is not that every search is equal. It is that each one is deliberate. Someone seeking Affordable Interior Designers in Mumbai is usually not looking for a lesser design outcome; they are looking for sharper judgement, better prioritisation, and design choices that respect financial limits without collapsing into compromise. Likewise, readers comparing Premium Interior Designers in Mumbai are often not just paying for visibility or glamour, but for confidence in execution, elevated detailing, and a more complete expression of residential aspiration.

    This is where My Interior Designers becomes relevant. The platform is not attempting to flatten these different expectations into one generic marketplace of names. Its value lies in helping a city with multiple spending bands and multiple lifestyle realities discover design support more intelligently. The user exploring Cheap Interior Designers in Mumbai may still want strong planning and respectable finish. The user considering Luxury Interior Designers in Mumbai may want spaces that feel more bespoke, more composed, and more architecturally aligned with a premium way of living. Both require fit. Both require clarity. Both require a more useful search journey.

    For professionals, that breadth of market creates a different kind of opportunity. Designers and firms in the affordability segment often need to be discovered in a context where cost-conscious work is understood as a real skill rather than a lesser one. Those operating in the premium segment need visibility before users whose expectations are already shaped by quality, finish, and experience. A platform that can speak to both the reader seeking Affordable Interior Designers in Mumbai and the resident evaluating Premium Interior Designers in Mumbai creates stronger relevance than generic exposure ever could.

    There is also a distinctly Mumbai reason this matters. In this city, interiors are rarely only decorative. They are tied to constraints, property value, personal ambition, and the need to make space work harder than it would elsewhere. For some, that produces highly practical searches. For others, it produces highly refined ones. Yet in both cases, the designer is being chosen not only for style, but for judgement. That is why users moving through the market for Cheap Interior Designers in Mumbai can be just as exacting in their own way as those shortlisting Luxury Interior Designers in Mumbai.

    This is where Where Your Space Finds Its Designer gains real meaning. In Mumbai, the phrase reflects the moment when a search stops being a collision of price points and preferences and starts becoming a more aligned decision. Whether the requirement is value-driven or premium-led, the right designer is the one who understands what the space must achieve within the realities of that brief.

    My Interior Designers is becoming relevant in Mumbai because it recognises that the city’s interior market no longer moves in one direction. It stretches from necessity to aspiration, from measured improvement to high-end refinement. In a city where both affordability and luxury are active expressions of serious design intent, a better route between search and suitability is not optional. It is increasingly the most important part of the decision.

    My Interior Designers
    Connecting You to Trusted Interior Designers Where Your Space Finds Its Designer
    Mob: +91 9964211226
    Website: www.myinteriordesigners.com

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  • Forteasia Advances 100-Acre Industrial Township in Haryana

    Forteasia Advances 100-Acre Industrial Township in Haryana

    Rohtak (Haryana) [India], July 1: Forteasia Realty Private Limited has shared an update on its main project, Forteasia Industrial Township (FIT), showing clear momentum as it shapes up to be a major industrial hub in Haryana. The township covers over 100 acres on Meham–Beri Road in Kalanaur, Rohtak, and claims a prime spot with easy access to the KMP Expressway, Delhi-Hisar Highway, and the wider NCR industrial corridor. Plus, it’s already approved by RERA.

    So far, Forteasia has delivered 5.3 million square feet, with another 7.93 million square feet in the works. It’s clear they want a serious footprint in the industrial and plotted real estate space.

    “Forteasia Industrial Township is built as a full ecosystem, where businesses get top-notch infrastructure and support to really grow,” said Mr. Shiv Garg, Director at Forteasia Realty.

    FIT isn’t just a place to build factories or warehouses; it integrates industrial and residential plots so businesses and their teams can work and live in a single well-designed community. There’s a long list of amenities, too: a clubhouse with a swimming pool, a gym, green spaces, a golf course strip, wide roads, 24/7 security, charging stations for electric vehicles, shared parking, water treatment and waste management systems, rainwater harvesting, worker housing, and even a commercial complex.

    At its core, the project highlights Forteasia’s goal of creating sustainable communities focused on smart infrastructure, enabling businesses to grow and people to have better places to work.

    A bit about the company itself: Forteasia Realty specializes in industrial, residential, and commercial plotted developments throughout Haryana. They have a reputation for finishing projects on time, following all RERA norms, and bringing quality to every site. Their work revolves around modern design, sustainability, and long-term value—and they’ve become a trusted name in the region’s real estate market.

  • Tamil Nadu Could Build ₹37,000-Crore Defence Electronics Hub

    Tamil Nadu Could Build ₹37,000-Crore Defence Electronics Hub

    New Delhi [India], June 30: Defence manufacturing is slowly moving away from traditional hardware-heavy platforms, as modern warfare relies more on software, sensors and secure communication systems. The transition to electronics-based systems is underway, with functions such as electronic warfare, artificial intelligence, and network-centric operations increasingly vital to military capabilities across countries.

    According to a roadmap presented by Distinguished Scientist at DRDO and Director General (Electronics and Communication Systems) BK Das, Tamil Nadu can become a major defence electronics hub by 2040 with an annual production capacity of ₹37,000 crore.

    Das said the state has a realistic opportunity to capture a significant share of India’s growing defence electronics market, owing to its existing strengths in electronics, semiconductors, aerospace and automotive manufacturing, while speaking at the CII TNDefX Conclave 2026 in Chennai.

    The opportunity itself is substantial. India’s defence electronics market is expected to grow to approximately ₹1.49 lakh crore by 2040, and Tamil Nadu is projected to account for 20–25% of this market, according to the roadmap. This also translates into a potential export opportunity of up to ₹10,000 crore per year.

    This projection is closely connected with the broader shift in defence systems. Today, from fighter aircraft to naval systems and ground-based surveillance, AI-powered systems, electronic warfare, autonomous platforms, secure communication networks, and space-based technologies are becoming increasingly critical. Electronics, in many respects, is now the backbone of military capability rather than a supporting component.

    The case of Tamil Nadu is largely based on its existing industrial ecosystem. The state has built a strong manufacturing base in automotive components, electronics manufacturing, precision engineering and aerospace-related supply sectors over the last decade. Its industrial depth, skilled engineering talent and export-oriented clusters provide an advantage in scaling complex defence manufacturing.

    Meanwhile, the policy push on defence self-reliance (Atmanirbhar Bharat) has encouraged private sector participation in areas earlier dominated by the public sector. This transition is gradually opening opportunities for states with strong manufacturing ecosystems to integrate into high-value defence supply chains.

    Das believes the development path for defence electronics is not only about production capacity but also about integration into global supply chains. There is a growing trend among countries to diversify sourcing of critical defence components, particularly in electronics and communication systems, where reliability and security are paramount.

    The opportunity for Tamil Nadu sits at the intersection of these global and domestic changes. On one side is rising defence spending and technology adoption, while on the other is India’s push for localisation of high-value manufacturing. Together, these forces are reshaping defence ecosystems.

    Industry experts at the conclave noted that achieving this scale will require sustained investment in R&D, component ecosystems, testing facilities and skilled manpower development. Defence electronics is not assembly-driven alone; it depends heavily on deep technology capabilities and long development cycles.

    The roadmap also suggests stronger collaboration among government institutions, private manufacturers and research organisations such as DRDO. Building capabilities in areas like secure chipsets, radar systems and electronic warfare platforms will require coordinated, long-term development rather than isolated projects.

    The projection for 2040 is long-term, but early signs are already visible. Tamil Nadu has been steadily attracting investments in electronics manufacturing, while defence corridors in the state are gradually evolving into structured ecosystems.

    If the projections materialise, Tamil Nadu may not only emerge as a manufacturing hub supporting defence production but also as a key centre for defence electronics manufacturing and exports in India. The next decade will likely determine how quickly this transition moves from potential to execution.

    PNN Business