Trishakti Industries Launches Capital Raising with Preferential Equity and Convertible Warrants

VMPL

Kolkata (West Bengal) [India], July 18: Trishakti Industries Limited, a top crane rental and heavy lifting services company in India, has completed acapital raising initiative, marking a pivotal momentin its continuous expansion and aggressive investment strategies.

Key Highlights:

Preferred Distribution of Equity Shares and Options

Strategic Equity Financing and Allocations:

The Board of Directors has given approval to a preferential offering consisting of:

* 1,46,000 fully paid-up equity shares issued at a price of ₹158.10 each.

* 16,18,000 convertible warrants at ₹158.10 each, with each warrant entitling the holder to one equity share within 18 months of issuance.

* The total funds raised will amount to ₹27.89 crore, including new capital investment and the conversion of unsecured loans.

* 10 lakh shares allocated to the promoter group, indicating their ongoing dedication and show of confidence in Trishakti's long-term strategy.

* 6.18 lakh warrants allocated to public (non-promoter) investors, greatly expanding the shareholder base and market involvement.

Enhanced Shareholding Profile

Following the preferential issue, the total number of shares went up from 1,63,30,550 to 1,80,94,550. The Promoter and Promoter Group's holding increased from 1,12,85,591 to 1,22,85,591 shares, although their percentage slightly dropped from 69.11% to 67.90%. Public holdings rose from 50,44,959 to 58,08,959 shares, with their stake increasing from 30.89% to 32.10%.

Capital Expenditure Plan: India's Infrastructure Foundation:

* Trishakti is implementing a strong ₹400 crore capital expenditure strategy for FY25-FY27, enhancing its contemporary fleet of hydraulic, crawler, and truck-mounted cranes to assist in India's most challenging infrastructure developments.

* More than Rs.50 crore has already been invested up to FY25, allowing Trishakti to reach full fleet utilization and secure notable contracts—including a significant equipment supply order from Reliance Industries for a major renewable energy project.

* The funds from this round will directly support fleet growth, technological improvements, working capital, and project implementation capabilities.

High-Profile Investor Participation:

The present funding round secured substantial new support from:

* Gautam Badalia, CEO of Route Mobile, joins as an investor, offering valuable strategic expertise.

* The company's initial significant Domestic Institutional Investor, signifying the arrival of institutional funding and boosting market confidence.

Sector View: Strong Expansion in India's Infrastructure Network:

* The infrastructure industry in India is witnessing remarkable growth, supported by historic government investments exceeding ₹11 lakh crore for the fiscal year 2025-26, along with significant increases in private sector spending.

* The extensive growth in transportation, energy, and city development is increasing the need for crane hiring and large-scale lifting services.

* The increase in large-scale projects and modernization efforts is transforming the national scene, offering substantial growth prospects for firms such as Trishakti Industries to expand and develop their fleet-based services.

Management Commentary

Mr. Dhruv Jhanwar, the Chief Executive Officer, remarked: "This capital infusion marks a significant step forward in Trishakti's development. Given our strong order backlog and increasing interest from major clients, we are expanding quickly to address the changing requirements of India's infrastructure industry."

Crucially, this fundraising involves substantial contributions from the promoter group—showcasing our belief—and involvement from prominent industry and institutional investors. We are confident that these resources will speed up our fleet growth, enhance operational efficiency, and bolster our balance sheet for continuous, long-term development.

About Trishakti Industries Limited

Trishakti Industries Limited, founded in 1985, stands as one of India's leading companies offering infrastructure solutions, focusing on the rental of heavy earthmoving equipment. Through its wide range of modern machinery, the firm assists major projects in vital industries like steel, cement, railroads, and construction, among others.

For almost four decades, Trishakti Industries has established a strong reputation by collaborating with top organizations such as Tata Steel, Larsen & Toubro, RVNL, ONGC, ITD Cementation, Jindal Group, Adani Group, KEC International, NCC Limited, and more. Through providing dependable, prompt, and effective equipment solutions, the company has been instrumental in supporting India's infrastructure growth.

Trishakti Industries is dedicated to achieving operational excellence, ensuring safety, and delivering customer satisfaction, establishing itself as a reliable collaborator for some of the country's most challenging and prominent projects. Ongoing investment in technology and innovation allows its clients to benefit from advanced and efficient equipment, solidifying Trishakti Industries' position as a leader in the industry.

Disclaimer

This document includes statements that look ahead and are not based on past events. These statements are influenced by various risks and uncertainties, such as government decisions, local changes, and technological challenges. The Company is not liable for any actions taken based on these statements and does not promise to update them publicly to reflect new events or situations.

(ADVERTORIAL DISCLAIMER: The following press release has been provided byVMPL. ANI will not be held responsible in any manner for the content thereof)

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Swastika Castal Launches IPO on July 21, 2025

PNN

Mumbai (Maharashtra) [India], July 18:Swastika Castal LimitedA prominent producer of aluminum castings, based in Vadodara, Gujarat, the company is recognized for its skills in sand casting, gravity die casting, and centrifugal casting. It has declared the launch of its IPO on July 21, 2025, with an intended issue size of ₹14.07 Crores, and the shares are expected to be listed on BSE Limited's SME Platform.

Equity Share Allocation

* Market Maker - 1,10,000 Shares of Equity

* Retail Individual Investors (RII) - 10,28,000 Shares of Equity

* Others - 10,26,000 Equity Shares

The funds received from the IPO will be used for capital spending on purchasing equipment and machinery, building sheds and structures, covering working capital needs, and for general company purposes.

The public subscription period will begin on Monday, July 21, 2025, and end on Wednesday, July 23, 2025.

Horizon Management Private Limited serves as the Lead Manager for the offering, while Accurate Securities & Registry Private Limited acts as the Registrar for the issue.

Mr. Varun Sharda, Founder and Chief Executive Officer ofSwastika Castal Limited, expressed: "Swastika Castal LimitedHis entry into the capital markets represents a significant turning point in our path of exact engineering, creativity, and worldwide growth. For many years, we have positioned ourselves as a reliable producer of high-accuracy aluminum castings, supplying essential industries throughout India, Europe, Japan, and the United States.

Boasting extensive knowledge in sand casting, gravity die casting, and centrifugal casting, along with state-of-the-art production systems and ISO-certified procedures, we provide customized, high-performance solutions for industries such as automotive, rail, power transmission, and oil & gas.

Highlights:

* New Issue Size - 21,64,000 Equity Shares of ₹ 10 each

* Amount Issued - ₹ 14.07 Crores

* Issue Cost - ₹ 65 Per Share

* Trading Unit - 2,000 Equity Shares

Our travels have been influenced by ongoing investment in state-of-the-art equipment, trained personnel, and thorough testing procedures that comply with international quality requirements. Under the direction of seasoned management, we regularly deliver dependable and accurate solutions for a wide range of customers.

The funds generated from this IPO will allow us to increase manufacturing capabilities, improve working capital, and boost our international footprint. As we move into this new stage of growth, we are dedicated to delivering long-term value and reinforcing Swastika Castal's standing as a reliable leader in aluminum castings that supports the 'Make in India' initiative.

Mr. Sanjay Dubey, the chief executive officer of Horizon Management Private Limited, stated,

The aluminum casting sector is set for substantial expansion fueled by growing industrialization, infrastructure projects, and increased need in areas like automotive, rail transport, power distribution, and heavy equipment. Improvements in production techniques and a focus on enhanced accuracy and quality are also boosting the market's prospects at both national and international levels.

In this scenario, businesses that utilize technological advancement and uphold strict quality controls are most prepared to take advantage of the expanding prospects.Swastika Castal Limited, with its emphasis on accurate manufacturing and dedication to excellence, is ideally positioned to take advantage of these positive trends in the sector.

We are pleased to be a part ofSwastika Castal LimitedTheir IPO process and the confidence that the raised capital will enable them to enhance their operational strengths and expand their footprint in a fast-changing market. This collaboration presents an intriguing chance to back a company ready for long-term growth and value development.

About The Company:

Swastika Castal LimitedOne of the top manufacturers of aluminum castings, known for its proficiency in various casting methods such as sand casting, gravity die casting, and centrifugal casting. Supported by a competent technical team and ISO 9001:2008 certified procedures, the company ensures reliable quality and tailored solutions, gaining the confidence of multinational clients worldwide. Swastika provides ready-to-use aluminum parts to customers in India, Europe, Japan, and the United States, serving essential industries like automotive, railways, textiles, electricals, and power transmission. Its strong manufacturing system, based on advanced technology, modern equipment, and thorough testing facilities, has established the company as a globally competitive and dependable supplier in the aluminum casting sector. Through its emphasis on engineering excellence, operational accuracy, and customer-focused innovation, Swastika Castal continues to enhance its position in both local and global markets.

For the fiscal year 2025, the company reported a Revenue of ₹ 2,966.12 Lakhs, an EBITDA of ₹ 455.46 Lakhs, and a PAT of ₹ 263.49 Lakhs.

Note: Some statements in this document that are not historical facts are considered forward-looking statements. These forward-looking statements are influenced by various risks and uncertainties, including government actions, local, political, or economic changes, technological challenges, and numerous other factors that could lead to results differing significantly from what is anticipated in these statements. The Company will not be held accountable for any actions taken based on these statements and does not commit to updating these forward-looking statements publicly to reflect future events or situations.

(ADVERTORIAL DISCLAIMER: The following press release has been provided byPNN. ANI will not be held responsible in any manner for the content thereof)

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Schneider Electric Launches Cutting-Edge Manufacturing Hub in Hosur, Tamil Nadu

VMPLBengaluru (Karnataka) [India], July 10:Schneider Electric, the pioneer in the digital transformation of energy management and automation, has recently revealed its intention to establish a production facility for its Schneider Electric ITBusiness at Horizon Industrial ParkHosur, close to Shoolagiri, Tamil Nadu. Spanning 500K square feet, the new site is designed to boost Schneider Electric's skills in manufacturing, sales, and distribution of Batteries.Management Products (BMS) including Uninterruptible Power Supply (UPS) systemsPower Distribution Units (PDU), cooling solutions, and various electronic accessories. Situated strategically along the Bangalore-Chennai National Highway, the upcoming Grade A industrial complex provides smooth access to both Bengaluru and Chennai markets, facilitating improved distribution and operational efficiency. The project will be developed in two phases in partnership with Horizon Industrial Parks, a prominent integrated logistics and industrial infrastructure company supported by Blackstone Real Estate funds. The first phase will involve a dust-free facility with modern office spaces and extensive tenant improvements. These upgrades include increased industrial power capacity, advanced fire safety systems, and optimized workspace planning for an initial workforce of 1,500, covering both direct and indirect jobs. The second phase will create a high-spec, customized facility designed to meet Schneider Electric's advanced operational requirements and is expected to be completed within 7 months. "We are pleased to collaborate with Horizon Industrial Parks as we continue our commitment to 'Atmanirbhar Bharat,'" said Deepak Sharma, Zone President, Greater India, MD and CEO, Schneider Electric India. "This partnership highlights our dedication to sustainability, efficiency, and operational excellence. The new facility will significantly enhance our manufacturing capabilities and enable us to integrate cutting-edge technology and sustainable practices. With this investment, we aim to support businesses, improve operational efficiency, and make a meaningful contribution to the 'Make in India' initiative." Horizon Industrial Park Hosur has already received pre-certification as 'Platinum' from the Indian Green Building Council (IGBC). Schneider Electric's new facility will incorporate several eco-friendly features, such as roof insulation using glass wool, rooftop solar panels to improve thermal efficiency, a 12-meter clear height PEB design with skylights for natural lighting, and advanced ventilation systems. Additionally, EV charging stations, HVAC controls, and smart light sensors will be part of the facility's integrated BMS. Solar rooftop panels are planned for the next phase of development, further enhancing thermal efficiency and reducing the carbon footprint.

Urvish Rambhia, Principal at Blackstone Real Estate, stated: "We are happy to collaborate with Schneider Electric and assist its sustained growth in India. We are dedicated to offering creative, customized, and high-standard warehousing options for both international and domestic companies aiming to increase their footprint in India." Through this strategic expansion, Schneider Electric continues to strengthen its long-term commitment to India's manufacturing industry, promoting innovation, efficiency, and sustainability within the sector. About Schneider Electric Schneider's objective is to create Impact by enabling everyone to maximize their energy and resources, connecting progress with sustainability for all. At Schneider, we refer to this as Life Is On. Our mission is to be the reliable partner in Sustainability and Efficiency. We are a global leader in industrial technology, delivering cutting-edge expertise in electrification, automation, and digitization to smart industries, resilient infrastructure, future-ready data centers, intelligent buildings, and user-friendly homes. Grounded in our extensive domain knowledge, we offer integrated, end-to-end AI-powered Industrial IoT solutions through connected products, automation, software, and services, providing digital twins to support profitable growth for our clients. We are a people-focused company with an ecosystem of 150,000 employees and over a million partners operating across more than 100 countries to ensure closeness to our customers and stakeholders. We value diversity and inclusion in all that we do, guided by our meaningful purpose of a sustainable future for everyone.www.se.com (ADVERTORIAL DISCLAIMER: The above press statement has been supplied byVMPL. ANI will not be held responsible in any manner for the content thereof)

Provided by SyndiGate Media Inc. (Syndigate.info).

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