Category: Business

New Delhi [India], January 2: In an industry where promises are many but delivery is often questioned, JVM Spaces stands apart as a brand that has quietly yet consistently rewritten expectations. Over the years, JVM has built more than structures—it has built credibility, relationships, and an unwavering belief that real estate is, first and foremost, a people-centric business. At the heart of this philosophy lies a simple yet powerful idea: when customers come first, success follows naturally. 

JVM Spaces has earned a strong perception in the market—if JVM has started something, it will be delivered. This trust has not been created overnight. It is the outcome of years of disciplined execution, transparent communication, and an uncompromising focus on customer satisfaction at every stage of the development journey. 

A Client-Centric Philosophy at the Core 

Unlike conventional approaches that prioritize timelines and numbers in isolation, JVM Spaces adopts a deeply client-centric outlook. Every project begins with an understanding that for the buyer, this is not just an investment—it is a dream, a future, and often a lifetime decision. From thoughtful planning and efficient layouts to quality construction and timely possession, JVM ensures that customer interest is protected at every step. 

Transparency plays a key role in this relationship. Customers are kept informed, expectations are clearly set, and commitments are honoured. This culture of clarity and accountability has allowed JVM Spaces to build long-standing relationships with homebuyers, investors, landowners, and stakeholders alike. In a sector where uncertainty often clouds trust, JVM’s approach has been refreshingly straightforward. 

Leadership that Leads by Example 

Behind this culture of delivery and trust stands the vision and leadership of Jitendra Mehta, fondly known as Jitu Bhai. His role in shaping JVM Spaces is both foundational and inspirational. More than a promoter or developer, he has been the guiding force ensuring that the brand remains grounded in ethics while scaling new heights. 

Jitu Bhai’s leadership style is defined by involvement, foresight, and responsibility. He believes that a developer’s reputation is built not on announcements, but on execution. This belief reflects in the way projects are planned meticulously, challenges are addressed proactively, and customer commitments are treated as non-negotiable. His insistence on doing things the right way—even when it takes the harder route—has created a culture where quality and integrity are not optional, but standard. 

It is this leadership ethos that has shaped JVM Spaces into a brand synonymous with reliability. The confidence that stakeholders place in JVM today is, in many ways, a reflection of the values instilled from the top. 

Expanding Horizons, Same Core Values 

While Thane remains a strong base for JVM Spaces, the brand’s vision has steadily expanded beyond city limits. JVM is now actively strengthening its footprint across suburban Mumbai, with projects and initiatives in key growth corridors such as Mulund, Bhandup, and Ghatkopar. Each of these micro-markets presents unique challenges and opportunities, and JVM approaches them with the same diligence and market sensitivity that has defined its journey so far. 

Beyond Mumbai, JVM Spaces is also beginning work in emerging markets like Shilphata and Badlapur—regions that are witnessing rapid infrastructure development and growing residential and commercial demand. Even as the geography expands, the philosophy remains unchanged: deliver thoughtfully, build responsibly, and place the customer at the centre of every decision. 

This measured expansion reflects JVM’s long-term outlook. Growth is not pursued for scale alone, but with a clear intent to create sustainable developments that add value to the cityscape and to the lives of those who inhabit them. 

Delivery as a Brand Promise 

In real estate, reputation is fragile and hard-earned. JVM Spaces has understood this early and built its brand around the single most important metric—delivery. From adhering to timelines to ensuring quality benchmarks are met, every completed project reinforces the brand promise. 

This consistent delivery record has resulted in strong word-of-mouth credibility. Buyers recommend JVM not because of aggressive marketing, but because of lived experiences. Landowners trust JVM with redevelopment and joint ventures because they see a partner who respects commitments. Investors associate the brand with stability and long-term value. 

Building for the Future 

As JVM Spaces continues its journey across Thane, suburban Mumbai, and emerging growth corridors, the focus remains clear: build with intent, lead with integrity, and serve with responsibility. The future roadmap is ambitious, yet grounded—driven by the same principles that brought the brand this far. 

In a market that is constantly evolving, JVM Spaces stands as a reminder that while locations may change and skylines may rise, trust remains the most valuable foundation of all. And when trust is built brick by brick, the structures that emerge are not just buildings—but legacies. 

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Mumbai (Maharashtra) [India], January 2: Winning the Best Redevelopment Brand of the Year 2025 at the Bright Real Awards is a moment of deep pride and reflection for all of us at Empire Realty. This recognition is not only about what we have built in recent years; it is about a legacy that spans over 50 years in the real estate industry, across three generations. It celebrates our past, affirms our present, and strengthens our commitment to the future.

A Legacy Beyond Business

For us, real estate has never been just a business. It has been a responsibility passed down through generations—a responsibility to build with integrity, to grow with the city, and to create spaces that genuinely improve people’s lives.

Empire Realty’s journey began over five decades ago, when Mumbai was a very different city. Through changing market cycles, evolving regulations, and shifting lifestyles, one belief has remained constant: our commitment to long-term value creation. Across three generations, we have witnessed how thoughtfully planned real estate can shape communities and define urban progress.

Balancing Tradition with Innovation

Each generation has added a new layer to the Empire Realty story—experience, innovation, and a deeper understanding of modern urban needs. While our roots are grounded in traditional values such as trust, transparency, and quality, our outlook has always been forward-thinking. This balance between legacy and innovation naturally led us toward redevelopment as a meaningful evolution of our work.

As Mumbai matured, we recognised that the city’s future would depend less on expansion and more on intelligent renewal. Particularly in the western suburbs, we saw buildings that had served generations but were no longer structurally sound or lifestyle-ready—communities that loved their locations yet deserved safer, better, and more modern homes.

Redevelopment with Respect

Redevelopment, for us, is not about replacing the old with the new; it is about honouring what exists while upgrading it for the future. This belief shapes every redevelopment project we undertake. We approach each society as a partnership, understanding that behind every building are people, memories, and aspirations.

Our 50-year presence in real estate has taught us one crucial lesson: buildings may define skylines, but trust defines brands. In redevelopment especially, trust is everything. Clear communication, transparent processes, and consistent engagement with residents are non-negotiable for us.

We believe redevelopment succeeds only when residents feel confident and secure throughout the journey. This people-first approach has helped us build long-standing relationships and is a key reason communities continue to place their faith in Empire Realty. The Bright Real Awards recognition reinforces our belief that ethical and empathetic development is the future of real estate.

Transforming Mumbai’s Western Suburbs

Mumbai’s western suburbs—Andheri, Goregaon, Malad, Kandivali, Borivali, and Dahisar—have always held immense potential. Over the years, our redevelopment projects in these areas have focused on meaningful lifestyle upgrades aligned with contemporary living standards.

Spacious layouts, enhanced natural light and ventilation, modern elevators, efficient parking, advanced safety systems, and thoughtfully designed amenities are integral to our projects. While these upgrades are physical, their impact is deeply personal—improving daily routines, enhancing well-being, and restoring pride among residents.

For families who have lived in these neighbourhoods for decades, redevelopment allows them to stay rooted while moving forward.

Creating Wealth Alongside Better Living

One of the most powerful outcomes of redevelopment is its ability to upgrade lifestyles while creating wealth. Over the years, we have seen homeowners transition from small, ageing apartments to larger, modern homes with significantly higher market value—without leaving their familiar surroundings.

Redevelopment enables residents to participate in Mumbai’s growth story. It strengthens their financial position and creates assets that benefit future generations. Beyond individual homes, redevelopment elevates entire neighbourhoods by improving infrastructure, enhancing aesthetics, and attracting better commercial and civic development. This ripple effect contributes to sustained property value appreciation across the western suburbs.

Responsibility Built on Experience

With experience comes responsibility. At Empire Realty, every project reflects our commitment to safety, sustainability, and regulatory compliance. Earthquake-resistant structures, efficient water and energy management systems, and environmentally conscious construction practices are central to our approach.

Equally important is timely delivery. We understand that redevelopment requires patience and trust from residents, and we honour that commitment. Our disciplined execution and structured project management are outcomes of decades of industry experience passed down through generations.

Looking Ahead

Being in the real estate industry for over 50 years has given us perspective. Winning the Best Redevelopment Brand of the Year 2025 is not an endpoint—it is a reminder of why we started and where we are headed.

We are grateful to the communities who have trusted us, the partners who have supported us, and the teams who carry our legacy forward every day. As we move ahead, we remain committed to redefining redevelopment—upgrading lifestyles, creating lasting wealth, and building a Mumbai that respects its past while confidently embracing its future.

At Empire Realty, this is not just our work. This is our legacy.

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Ahmedabad (Gujarat) [India], January 6: Asian Granito India Limited (AGL), a leading brand in luxury surface solutions including tiles, marble, quartz and bathware, is celebrating 25 years of excellence with a high visibility branding initiatives on the Chennai Bengaluru Shatabdi Express and Delhi – Katra Vande Bharat.

As part of the initiative, AGL has introduced food tray branding on the premium trains, ensuring frequent and close range brand exposure throughout the journey. The format allows the brand to engage passengers in an unobtrusive manner while enhancing recall among audiences that value quality, design and reliability.

Train interiors offer a focused branding environment, as passengers spend uninterrupted time during travel. Food tray branding enables direct visibility at close proximity, allowing AGL to connect organically with urban consumers as well as professionals from the architecture, construction and design sectors, reinforcing brand presence during key travel moments.

Over the past 25 years, AGL has established itself as one of India’s leading luxury surface and bathware brands. The company’s portfolio of tiles, engineered marble, quartz and bathware products is known for innovation, dependable performance and design excellence. With 14 state of the art manufacturing units, more than 277 franchise showrooms, 13 company owned display centres and a pan India network of over 18,000 touchpoints, AGL has built a strong national footprint. The food tray branding reflects this journey, extending the brand’s design philosophy to everyday travel experiences.

Commenting on the initiative, Mr. Bhavesh Patel, Director, Asian Granito India Limited, said, “Celebrating 25 years is not only about reflecting on our journey, but also about staying connected with the people who trust our brand. The branding in the Shatabdi Express and Vande Bharat allows us to engage with our audiences in a relevant and meaningful way, transforming routine travel moments into brand touchpoints. As India’s infrastructure continues to evolve, it opens new avenues for us to strengthen engagement with our customers.”

As it marks this milestone year, AGL remains focused on innovation and creating value driven experiences for its customers. Building on its legacy, the company will continue to explore impactful branding initiatives, deepen audience engagement and introduce products that address evolving customer preferences.

About AGL:  https://aglasiangranito.com/

Established in the year 2000, AGL has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand in a short span of two & Half decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Bathware and Faucets. AGL products are synonymous with reliability, adaptability, innovation, quality consciousness and the company has created a strong brand identity, well recognized globally and loyal customer following across segments. Today it is 4th largest listed ceramic tile company in India with Strength of more than 700 field force.

Ranked amongst the top ceramic tiles companies in India, AGL has achieved over 65 times growth in its production capacity, from 0.83 Million Sq. Mtrs. Per Annum in FY 2000 to 54.5 Million Sq. Mtrs. Per Annum in FY 2025. AGL is also the only tiles company to be acknowledged in the Vibrant Gujarat Summit 2015 for achieving phenomenal growth.

The Company has 14 state-of-the-art manufacturing units spread across Gujarat and 277 plus exclusive franchisee showrooms, 13 company owned display centres across India. Further, the Company has an extensive marketing and distribution network pan India with 18,000 plus touchpoints including distributors, dealers and sub-dealers in India. The company also exports to more than 100 countries.

The Company looks to strengthen its identity as the leader in the Indian ceramic industry by consistently introducing innovative and value-added products in the market to keep pace with its valued customers. Headquartered in Ahmedabad, AGL is listed on NSE & BSE and reported net consolidated turnover of INR 1628 crore in FY 2025. (For more information, please visit: www.aglasiangranito.com)

Mumbai (Maharashtra) [India], January 6:  Victory Electric Vehicles International Limited, is engaged in the manufacturing of electric vehicles, including L5 electric three wheeler, L3 E-Rickshaws, E-Cargo/Loader and Electric Scooters, has announced the opening of its IPO on January 07, 2026 with a proposed issue size of ₹34.56 Crore, and the shares are proposed to be listed on the NSE Emerge.

Equity Share Allocation

• NII – Up to 40,02,000 Equity Shares
• RII – Up to 40,05,000 Equity Shares
• Market Maker – Up to 4,23,000 Equity Shares

The net proceeds from the IPO will be utilised towards capital expenditure, meeting working capital requirements, and general corporate purposes.

The issue will open for public subscription on Wednesday, January 7, 2026 and close on Friday, January 9, 2026.

Corpwis Advisors Private Limited is acting as the Lead Manager to the issue, and Maashitla Securities Private Limited is the Registrar to the issue.

• Fresh Issue Size – 84,30,000 Equity Shares of ₹ 5 each
• Issue Size – ₹ 34.56 Crore
• Issue Price – ₹ 41 Per Share
• Lot Size – 3,000 Equity Shares

About The Company:

Victory Electric Vehicles International Limited is engaged in the manufacturing of electric vehicles, including E-Rickshaws, E-Cargo/Loader, and Electric Scooters. The product portfolio of the company extends beyond conventional models to include customised Electric 3-Wheelers designed for specific applications such as food delivery and ice cream vending, among the first few enterprises to secure the Indian Government’s ICAT license to sell L5 E-Rickshaws. The company’s business strategy focuses on leveraging the growing electrification of mobility in India, while also exploring opportunities to export its EVs to select international markets in the future.

In FY25, the company recorded a Revenue of ₹ 5,086.18 Lakhs, EBITDA of ₹ 779.30 Lakhs, and PAT of ₹ 517.37 Lakhs.

Mr. Sanjay Popli, Promoter and Managing Director of Victory Electric Vehicles International Limited: 

“As we celebrate this significant milestone, we reaffirm our unwavering commitment to driving India’s transition towards clean, affordable, and sustainable electric mobility. Since our incorporation in 2018, we have built a robust and diversified product portfolio comprising ICAT-approved L5 electric three-wheelers, L3 E-Rickshaws, electric cargo vehicles, and electric scooters.

Over the years, we have expanded our dealer network across more than 15 states and strengthened our in-house manufacturing and customization capabilities. Our continued focus on quality, regulatory compliance, and customer-centric solutions has enabled us to grow steadily in a competitive market.

The opening of our IPO marks an important step in our growth journey. The proceeds from the issue will be utilised to expand manufacturing capacity, support working capital requirements, and enhance our presence across new and existing markets. As we move forward, we remain committed to building reliable electric mobility solutions, creating long-term value for our stakeholders, and contributing meaningfully to India’s evolving electric vehicle ecosystem.”

Mr. Nikunj Konodia, Managing Director of Corpwis Advisors Private Limited of said,
“As we step into the IPO journey with Victory Electric Vehicles International Limited, we see a company that is well aligned with the structural growth opportunities in India’s electric mobility ecosystem. The L5 and L3 three-wheeler segments continue to witness strong demand, supported by policy push, rising adoption of last-mile mobility solutions, and increasing awareness of sustainable transportation.

Victory Electric Vehicles has built a solid foundation with its ICAT-certified L5 models, diversified product portfolio, and growing pan-India dealer network. Its in-house manufacturing capabilities, focus on quality and compliance, and ability to cater to both passenger and cargo segments position the company well for scalable and sustainable growth.

We are pleased to partner with Victory Electric Vehicles in this important phase of its growth journey and believe the IPO will support its plans to strengthen capacity, expand market reach, and create long-term value for stakeholders.”

Disclaimer: Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Chennai (Tamil Nadu) [India], January 6: Sathlokhar Synergys E&C Global Limited (SSEGL), a Chennai based EPC turnkey construction company delivering integrated infrastructure solutions across industrial, commercial, institutional, healthcare sectors, and solar, continued its strong growth momentum during the first nine months of FY26. The Company recorded a turnover growth of over 125% compared to the corresponding nine month period of FY25, driven by strong execution across infrastructure and solar EPC projects, steady project progress, and a disciplined approach to billing and collections. Head Pipeline

• Order Book (as of 31^st December 2025): ₹1,397.71 Cr (Under Execution)
• Bid Pipeline: ₹14,953 Cr worth of projects under evaluation
• Execution Visibility: 03 to 07 months with strong ramp up expected during the Financial Year.

Robust Order Inflow – 

During Q3 FY26, Sathlokhar Synergys E&C Global Limited continued to witness strong order inflows, securing multiple EPC and construction contracts aggregating to approximately ₹225 Cr from reputed Indian and international clients. Notably, the quarter marked a key milestone with the Company securing its first international order in Sri Lanka. The orders span civil, PEB and MEP works across industrial, manufacturing and infrastructure facilities, reflecting the Company’s strong execution capabilities, repeat business from marquee clients and expanding geographic footprint.

Key Orders Secured During Q3 FY26 include:

• ₹52.47 Cr from Grand Atlantia Panapakkam SEZ Developers Private Limited for execution of civil works for Phase 1B building at SIPCOT Park, Panapakkam, Tamil Nadu
• ₹41.88 Cr from Reliance Consumer Products Limited (Producing CAMPA COLA Beverages, Subsidiary Company of Reliance Industries Limited) for additional civil works at its beverage manufacturing facility in Kurnool district, Andhra Pradesh
• ₹35.61 Cr from Reliance Consumer Products Limited (Producing CAMPA COLA Beverages, Subsidiary Company of Reliance Industries Limited) for execution of additional PEB works at the same facility in Andhra Pradesh
• ₹35.59 Cr from Ceylon Beverage International (PVT) Ltd. along with Ceylon Beverage Can (PVT) Ltd. for execution of MEP works at the Horana Export Processing Zone, Sri Lanka, marking the Company’s first international EPC project
• ₹26.56 Cr from Reliance Consumer Products Limited (Producing CAMPA COLA Beverages, Subsidiary Company of Reliance Industries Limited) for execution of civil works at Brahmanapalli Village, Kurnool district, Andhra Pradesh
• ₹24.06 Cr from Helmier Private Limited for execution of civil works at SIPCOT Medical Devices Park, Oragadam, Tamil Nadu
• ₹6.95 Cr from Toyota Kirloskar Motor Private Limited for execution of civil works for a factory building at Bidadi Industrial Area, Karnataka
• ₹1.89 Cr from Krishca Strapping Solutions Limited for execution of civil construction works for a proposed canteen building

Collectively, these orders enhance Sathlokhar Synergys E&C Global Limited’s order book visibility, broaden its geographic reach including entry into international markets, and reinforce its positioning as a preferred EPC partner for leading manufacturing and infrastructure clients.

Future Direction – 

·Geographical Expansion: Strengthen presence across southern and western India, with focused growth in Tamil Nadu, Andhra Pradesh, Karnataka and Maharashtra.

·Core Sector Focus: Deepen participation across industrial, commercial, institutional, healthcare and data centre infrastructure projects.

·Execution Led Growth: Drive sustainable growth through a strong executable order book, disciplined project selection and fast track delivery capabilities.

·Operational Efficiency and Margins: Establish an in house PEB manufacturing facility and enhance digital and site automation to improve cost efficiency and margins.

·Sustainability and Governance: Expand solar EPC and energy efficient solutions while reinforcing governance standards and investor communication.

On the performance, Mr. G. Thiyagu, Managing Director of Sathlokhar Synergys E&C Global Limited said, “During the third quarter of FY26, Sathlokhar continued to build on the strong momentum established in the first half of the year. The quarter was marked by healthy order inflows from leading domestic clients, steady execution across ongoing projects, and improved billing and collections, resulting in strong revenue traction.

We also achieved an important milestone during the quarter with the receipt of our first international order, reflecting growing client confidence in our execution capabilities and reinforcing our positioning as a reliable EPC partner. With a robust order book, disciplined execution approach and focus on operational efficiency, we remain confident of delivering sustainable growth in the coming quarters while maintaining quality and financial prudence.”

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Mumbai (Maharashtra) [India], January 6: Kratikal Tech Limited, an AI driven cybersecurity solutions provider and Software-as-a-Service (SaaS) cybersecurity solutions provider, has filed its Draft Red Herring Prospectus (DRHP) with BSE SME in preparation for its Initial Public Offering (IPO). The issue size comprises a Fresh Issue of up to 30,00,000 Equity Shares of face value of ₹10 each.

As Kratikal Tech moves forward with its IPO plans, the funds raised will be utilized for Global Market Expansion through investment in its subsidiaries, Threatcop FZ LLC (UAE) and Threatcop AI Inc (USA). These funds are allocated for expenditure towards sales & marketing activities and development of workforce resources in international markets. Additionally, proceeds will be invested in Product Development and to address general corporate purposes.

Beeline Capital Advisors Private Limited has been appointed as the Book Running Lead Manager to the Issue, while KFin Technologies Limited will serve as the Registrar to the Issue.

About Kratikal Tech Limited:

Kratikal Tech Limited is an AI driven, Software-as-a-Service based cybersecurity company protecting more than 638 clients with a workforce over 184 skilled professionals. The Company operates through two integrated business lines and services designed to reduce cyber risk and enhance organizational resilience through a unique dual-layered approach:

• People Security Management (PSM): Through its Threatcop platform, the Company mitigates human-centric cyber risks (like phishing) by assessing and training employees.
• Technology & Process Security: Under the Kratikal brand, it provides comprehensive defense for the technology stack.

Together, these offerings deliver integrated protection across the People–Process–Technology framework in an increasingly complex threat environment.

The Company’s AI driven platforms, including Threatcop and AutoSecT (an AI-driven Vulnerability Management, Detection & Response tool), support proactive identification, prioritization, and remediation of vulnerabilities across network, cloud, web, mobile, and API environments. Kratikal’s service portfolio includes vulnerability assessment and penetration testing (VAPT), application and infrastructure security, red team exercises, and governance, risk, and compliance (GRC) services, enabling customers to safeguard critical data and maintain regulatory compliance.

The company’s customer base ranges from small businesses to large enterprises across sectors such as BFSI, fintech, telecom, IT/ITES, healthcare, pharmaceuticals, e-commerce, and manufacturing, in India and international markets. The Company is a CERT-In empanelled security auditor and is also empanelled by NSE for system audits of trading members.

For the period ended 31st March 2025, the company reported Revenue of ₹ 2,085.09 Lakhs and EBITDA of ₹ 551.25 Lakhs & PAT ₹ 423.34 Lakhs.

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