Category: Business

New Delhi [India], February 12: India is undergoing a significant transition toward sustainable energy, and Infrax Renewable Ltd is leading the way with innovative, cost-effective, and high-efficiency solar energy solutions. As a pioneer in the renewable energy sector, the company is commited to making solar power a mainstream energy source for households, businesses, and industries across India.

Driving India’s Clean Energy Future

With the increasing demand for affordable and reliable solar energy, Infrax Renewable Ltd has set clear objectives to accelerate India’s shift to clean energy. In the short term, the company aims to expand its dealership network, increase residential and commercial solar installations, and capture 15 percent of the market share in India’s solar energy sector.

Looking ahead, INFRAX’s long-term vision is to empower 700,000 homes and businesses annually with solar energy by 2027 while significantly contributing to India’s environmental goals by reducing carbon emissions by 134,000 tons per year.

Advanced Technology and Strong Market Presence

Infrax Renewable Ltd distinguishes itself in the market through its cutting-edge solar technology, high return on investment (ROI), and strong industry reputation. The company’s key strengths include:

• High-Efficiency Solar Technology: Advanced solar panels and energy systems maximize power generation while minimizing costs.
• Cost Savings and High ROI: Solar solutions that can reduce electricity bills by up to 90 percent, offering an ROI of three to eight times the initial investment.
• Proven Track Record: Over 10,000 completed projects and a 98 percent customer satisfaction rate reflect the company’s commitment to excellence.
• Industry Recognition: INFRAX is an award-winning leader in solar EPC (Engineering, Procurement, and Construction) services.
• Expanding Dealer Network: A robust network of 90+ dealerships ensures seamless access to solar solutions across urban and rural regions.

Meeting the Needs of a Diverse Market

Infrax Renewable Ltd serves a broad spectrum of customers looking for sustainable and cost-efficient energy solutions, including:

• Residential households seeking to lower electricity costs and adopt clean energy.
• Businesses aiming for energy independence and long-term savings.
• Agricultural and remote industries that require large-scale solar energy solutions.
• Urban infrastructure projects looking to integrate renewable energy into the grid.

Scaling Solar Adoption Across India

The company’s growth strategy focuses on scalability and accessibility through various business models, including EPC projects, franchise partnerships, and solar inverter sales. By offering a comprehensive range of solar solutions, INFRAX is ensuring that solar energy is no longer an alternative but a necessity in India’s energy landscape.

Success Stories and Customer Impact

Infrax Renewable Ltd has delivered more than 30,000 kilowatts of installed capacity, helping customers across various sectors transition to solar power. Some key milestones include:

• Over 10,000 completed projects with a 98 percent customer satisfaction rate.
• Consistently positive testimonials from clients, including Gopal Snacks Limited, who have praised the company’s professionalism and service quality.

The Path Ahead: Expansion and Innovation

As Infrax Renewable Ltd continues to grow, the company is excited to announce its nationwide expansion, making its solar energy solutions accessible across all regions of India. With a strong dealership network and a commitment to innovation, INFRAX is positioned to lead India’s transition to sustainable energy.

A Market Poised for Growth

India’s solar energy market is experiencing unprecedented growth, driven by government incentives and increased awareness of renewable energy benefits. Key industry trends include:

• Government Support: Subsidies of up to 40 percent on solar installations and tax incentives under the National Solar Mission.
• Market Expansion: The Indian solar energy sector is projected to reach $600 billion by 2040.
• Rising Demand: Residential solar installations have increased by 300 percent in the last five years.

Join the Solar Revolution

Infrax Renewable Ltd invites homeowners, businesses, and industry leaders to take part in the clean energy revolution. To explore solar solutions, visit www.infraxrenewable.com or contact 18002742704 (Toll-Free) for inquiries. Dealers and franchise partners can also connect with INFRAX to expand their business in the growing renewable energy market.

For more details, please reach out to: Sales@infraxrenewable.com

With a vision for a sustainable and energy-efficient India, Infrax Renewable Ltd continues to shape the future of solar power, one project at a time.

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New Delhi [India], February 11: India’s future is being shaped by a new wave of innovative companies revolutionizing industries through technology, creativity, and purpose-driven leadership. From mental healthcare to digital marketing, sustainable fashion, luxury architecture, and finance education, these visionary businesses are setting new benchmarks for excellence. They are not only disrupting traditional markets but also redefining accessibility, sustainability, and consumer engagement. As 2025 unfolds, these companies are driving economic growth, empowering individuals, and bringing cutting-edge solutions to real-world challenges. Their groundbreaking work is a testament to India’s entrepreneurial spirit and its position as a global leader in innovation and industry transformation.

1.  Soulbol Healthtech Private Limited
Founded in January 2025, Soulbol Healthtech Private Limited is redefining mental healthcare in India by making it affordable, accessible, and stigma-free. Led by Dr. Atul Aundhekar, the platform offers comprehensive mental health solutions through chat, calls, video consultations, and online sessions, ensuring users get the support they need anytime, anywhere. What sets Soulbol apart is its micro-consultation model, allowing users to connect with therapists instantly without hefty upfront fees. With per-minute billing, users pay only for the guidance they need. The platform’s AI-driven evaluation helps individuals find the right therapist, ensuring personalized care. Additionally, 24/7 chat support, multiple treatment options, and flexible billing make mental healthcare more approachable and efficient By destigmatizing mental health and bridging critical gaps in accessibility, Soulbol Healthtech is setting new standards in digital mental wellness, making expert care more inclusive for all. Please Visit for more information: www.soulbol.com

2. G-TECH INFO INDIA PRIVATE LIMITED
Founded in 2009, G-TECH INFO INDIA PRIVATE LIMITED (Gtechwebindia) has been a leading force in digital marketing, SEO, eCommerce management, and IT solutions, helping businesses worldwide build a strong online presence. Led by Manish Kumar, the company provides a full spectrum of services, including SEO, PPC, Social Media Marketing, Website Development, Data Entry, and Online Reputation Management, making it a one-stop solution for digital growth.

What sets Gtechwebindia apart is its tailored, ROI-driven strategies, ensuring cost-effective, high-impact solutions for businesses of all sizes. The company specializes in eCommerce management, offering expert solutions for platforms like Amazon, Shopify, Magento, and WooCommerce. With a strong focus on ethical SEO practices, 100% human-written content, and AI-free strategies, Gtechwebindia helps brands gain sustainable, long-term success. With over a decade of industry expertise, Gtechwebindia continues to be a trusted partner in digital transformation.Please Visit for more information: www.gtechwebindia.com

3. ToonsFanatic
Founded on August 12, 2023, ToonsFanatic is a Lucknow-based clothing brand that merges anime culture with streetwear fashion. Created by Tushar Mishra, our goal is to let anime fans express their passion through high-quality, oversized, and acid-wash T-shirts designed for comfort and style.

Unlike generic anime merchandise, ToonsFanatic takes inspiration directly from iconic anime characters and scenes, ensuring that every piece reflects deep fandom and artistic detail. Our acid-wash collection offers a distressed, vintage aesthetic, making every T-shirt one-of-a-kind, so you stand out in any crowd.

We prioritize premium fabrics, bold designs, and sustainable printing methods, ensuring long-lasting quality while reducing environmental impact. Whether you love oversized streetwear or edgy fashion, ToonsFanatic is more than just clothing—it’s a statement of your anime passion Exp

This keeps it engaging, informative, and brand-focused while emphasizing uniqueness, sustainability, and fandom. Let me know if you’d like further tweaks! Explore our exclusive collection now at www.toonsfanatic.in

4. The Next Decor
Founded in 2020 by Vikas Jangid and Shiv Ratan Jangid, The Next Decor is a visionary eCommerce platform dedicated to redefining home interiors. Specialising in premium acrylic wall art and luxury crystal wall art, they cater to décor enthusiasts seeking sophisticated and trendsetting designs.

Unlike conventional brands, The Next Decor integrates ethical craftsmanship, eco-conscious materials, and in-house creative expertise, ensuring every piece is both visually stunning and sustainably produced.

A brand that celebrates “Made in India” craftsmanship, delivering exceptional wall décor solutions PAN India. With affordable pricing, unmatched printing quality, and meticulous artistry, they offer a seamless fusion of elegance and innovation.

Discover premium home décor like never before. Please Visit for More Information: https://www.thenextdecor.com

5. ATELIER ASTIL BY Arpita Sharma
“Atelier Astil by Arpita Sharma” is an Award-Winning Architecture and Design Studio that blends Luxury, Functionality, and Sustainability to create transformative spaces across the globe. Founded by visionary Architect Arpita Sharma, the firm specialises in Ultra-Luxury residences, High-Value Commercial spaces, Cutting-Edge Tech parks, and Immersive Hospitality projects that shape the future of Experience-Driven Innovative spaces beyond aesthetics. With a bold portfolio spanning India, Dubai, Amsterdam, and global design challenges in Africa and Ukraine, Atelier Astil sets new benchmarks in contemporary architecture. The studio also pioneers sustainable housing, crafting homes for underserved communities using recycled materials. By challenging conventions and fostering emerging talent, Atelier Astil is reshaping the future of design, making a lasting impact on skylines and societies alike.

6.  Apple’s Height 

Apple’s Height is revolutionizing Ludhiana’s commercial landscape with One Centrum, a landmark of exclusivity on Ferozepur Road. Designed by internationally acclaimed ARCOP, this premium development seamlessly integrates luxury retail, high-end office spaces, fine dining, and elite lifestyle experiences under one roof, setting a new benchmark for sophistication and modern urban living. One Centrum boasts a members-only clubhouse, curated retail experiences, world-class restaurants, and dedicated exhibition spaces, catering to the city’s dynamic business and cultural scene. The 12 floors of modern office spaces provide a refined environment for multinational corporations and top enterprises, while the three-level basement parking ensures seamless convenience. Additionally, its sustainable construction and green building practices reflect a commitment to innovation and environmental responsibility. Backed by RERA approval and international collaborations, One Centrum is more than just a commercial hub—it’s a statement of excellence, positioning Ludhiana among the most progressive and forward-thinking cities in India. Please Visit for More Information: http://www.applesheight.com

7  Kautilya Academy

 Established in 2003 in Indore, Kautilya Academy has been a leading institution in civil services coaching, shaping the careers of thousands of aspirants. With an unmatched success rate, the academy has achieved maximum selections in MPPSC over the last 20 years, proving its commitment to excellence.

Under the visionary leadership of Shridhant Joshi, Kautilya Academy stands apart with expert faculty, a structured curriculum, and result-oriented training. The academy provides comprehensive guidance for MPPSC and other competitive exams, ensuring students receive personalized mentoring and strategic preparation.

Unlike other coaching institutes, Kautilya Academy focuses on holistic development, offering regular test series, interactive sessions, and in-depth analysis to maximize student performance. Its legacy is built on discipline, dedication, and excellence.

“परिश्रम आपका, मार्गदर्शन हमारा, सफलता सबकी“—Kautilya Academy is the key to your government service dream.

Please visit  www.kautilyaacademy.com to start your journey today!

8. Finplan Edu

Founded in 2011 by Kashish Khilnani, Finplan Edu has emerged as a game-changer in professional finance education. What started as a personal mission to overcome setbacks has now empowered thousands of commerce students to achieve global success. Offering prestigious certifications like ACCA, US CMA, and CISI Investment Banking, Finplan Edu has built a strong reputation for excellence. Its Platinum ALP status, affiliations with top Mumbai University colleges, and industry-focused curriculum ensure students are job-ready for Big 4 firms, multinational banks, and Fortune 500 companies. With structured training, ranker programs, AI-driven learning tools, and 100% career support, Finplan Edu is bridging the gap between education and employment. As it expands across new regions in 2025, it continues to shape finance leaders through international collaborations, corporate alliances, and advanced learning centers, solidifying its position as a pioneer in finance education and a catalyst for career success. Please visit for more Information: https://finplanindia.com

9. Nujay Pharma Industries

Established in June 2024, Nujay Pharma Industries Pvt. Ltd. is revolutionizing the pharmaceutical and wellness industry with cutting-edge Ayurvedic medicines, medicinal mushrooms, organic supplements, biofuel, and cosmetics. Led by Ajay Galar and Nujhat Bano, the company stands out with its ultrasonification technology and nano-capsule formulations, ensuring superior absorption and efficacy of its products. Unlike competitors, Nujay Pharma’s chemical-free, isolated organic cultivation process guarantees export-quality wellness solutions at competitive prices. With a strong global export presence and a commitment to sustainability, the company is setting new standards in Ayurvedic healthcare. Awarded the Madhya Pradesh Business Glory Award and the International Prestigious Award 2024, Nujay Pharma continues to inspire a healthier world through innovation and tradition. Explore the future of wellness at https://nujaypharma.com

10. Exhibition Globe
Founded in September 2017 by Kamlesh Dubey, Exhibition Globe is a leading B2B exhibition and trade show platform, bridging businesses, exhibitors, and industry professionals worldwide. With a strong presence in India, the USA, UAE, China, and Singapore, we provide valuable insights into global expos, trade fairs, and networking events across industries like technology, manufacturing, food, and MICE.

Our platform offers event listings, exhibitor directories, marketing solutions, and industry insights to help businesses optimize their trade show experience. Additionally, we publish articles, news, press releases, and expert interviews in multiple formats, ensuring maximum industry exposure.

For businesses looking to expand globally, Exhibition Globe is the ultimate resource. Get listed today or explore more at :https://exhibitionglobe.com

The remarkable journey of these pioneering companies showcases India’s potential to lead the world in diverse sectors. With a strong focus on technological advancement, sustainability, and consumer-centric solutions, they are creating lasting impacts on society and the economy. By embracing bold ideas, ethical practices, and visionary leadership, these businesses are not just shaping India’s future—they are inspiring the next generation of entrepreneurs. As they continue to expand and evolve, their commitment to excellence and innovation will undoubtedly cement India’s status as a hub for groundbreaking business ventures, driving progress and prosperity for years to come.

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Salem (Tamil Nadu) [India], February 11:  Shanmuga Hospital Limited, a leading multispecialty healthcare provider in Salem, proudly reaffirms its commitment to providing high-quality medical care as it embarks on its next phase of growth. With 151 beds and state-of-the-art medical facilities, the hospital continues to enhance its services to meet the growing healthcare needs of the region.

As a NABH and NABL-accredited institution, Shanmuga Hospital is dedicated to excellence in patient care, offering specialized treatments in oncology, neurology, cardiology, and more. The hospital is also empaneled with various government agencies and insurance providers, ensuring accessible and affordable treatment for a wider community.

Speaking on the occasion, Dr. Panneerselvam Palaniappan Shanmugam, Managing Director, Shanmuga Hospital Limited, said:

“Our journey has always been about putting patients first. With advanced medical technologies and a dedicated team of professionals, we strive to set new benchmarks in healthcare. This expansion aligns with our vision to provide comprehensive, affordable, and quality medical services. We remain committed to innovation, efficiency, and enhancing patient experiences.”

The hospital recently announced its upcoming Initial Public Offering (IPO), opening on February 13, 2025, and closing on February 17, 2025, on the BSE SME platform. The IPO aims to support capital expenditure for acquiring cutting-edge medical equipment and strengthening the hospital’s infrastructure.

With a strong legacy in healthcare and a patient-centric approach, Shanmuga Hospital Limited is poised for continued success, reinforcing its role as a trusted healthcare partner in Tamil Nadu.

For media inquiries, please contact:

Vikrm B Sanass

Director

ICon PR and Media

• Email: Vikram.iconpr@gmail.com

•  Phone: 8460502500

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Kolkata (West Bengal) [India], February 11:  A category-defining shift in the safety industry propelled Mallcom to launch a direct-to consumer (D2C) online shop, revolutionising the way consumers are empowered with  access to premium and certified personal protective equipment (PPE). This new destination allows users to purchase new-age safety products that make a fashion  statement. Packing the trendiest styles & performance in safety gear from head to toe,  directly from Mallcom without intermediaries, can offer an efficient, transparent, and  cost-effective shopping experience.

The new Mallcom online shop is designed with user experience in mind, featuring a  seamless purchasing process, real-time inventory tracking, and detailed product  descriptions. Catering to B2C & D2C customers, the new online shop allows for flexible  shopping options with no limits on quantity. The modern UI makes navigation intuitive,  ensuring a smooth shopping experience for all users.

The new online shop marks a new chapter in the safety story authored by Mallcom on  their journey to making PPE reach a wider consumer base

With over 40 years of industry expertise, Mallcom has built up a reputation for delivering  the largest range of high-quality certified safety solutions. Although it has its presence  across India and more than 60 countries worldwide, the new Mallcom shop caters to a  national presence that encompasses all consumers across India.

Known for its innovation and commitment to sustainability, Mallcom continues to push  the boundaries of the PPE industry. The company holds certifications like Sedex, ISO,  CE, UKCA, ISI, ASTM, NFPA, ANSI, and AS, ensuring its products meet the highest global  standards.

The new Mallcom online shop coincides with the launch of a new manufacturing facility  in Ahmedabad. This marks a new foray for Mallcom on their journey to creating more  impact & making PPE more accessible.

Mallcom has also been recognized as a Great Place to Work, fostering a collaborative environment where employees are empowered to drive innovation and meet the  evolving needs of customers.

We are excited to introduce our D2C platform, which reflects our commitment to  enhancing safety and accessibility,” said Rohit Mall, AVP (Marketing) at Mallcom India  Limited. “This initiative enables us to deliver our certified and genuine Mallcom  industrial PPE directly to consumers, ensuring reliability, cost-effectiveness, and  convenience.

Visit https://www.shopmallcom.in/ to explore Malcom’s new online shop and shop for  premium PPE products directly from the source. Mallcom provides safety solutions,  anytime and anywhere.

Mallcom is a leading manufacturer of personal protective equipment (PPE) with over 40  years of experience. Offering high-quality safety products, the company serves workers  across India and more than 60 countries globally. Mallcom is recognised for its  innovation, sustainability efforts, and product certifications, including Sedex, ISO, CE,  UKCA, ISI, ASTM, NFPA, ANSI, and AS.

Contact Information:

• Phone: 4016 1000
• Email: sales@mallcom.in
• Website: https://www.shopmallcom.in/
• Copyright @MALLCOM INDIA LIMITED, 2025 All rights reserved.

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Mumbai (Maharashtra) [India], February 11: Easy Boba, India’s premier destination for authentic Bubble Tea, is expanding its influence in the country’s café culture with the launch of its new Loyalty Card program. Designed to offer customers even more reasons to indulge in their favorite bubble tea drinks, the new card allows patrons to get a free drink after 4^th visit and free merchandise after 8^th visit. The card, which can be used at the same Easy Boba outlet ONLY, is transferrable between users. However, it is important to note that the Loyalty Card cannot be combined with other ongoing promotions, and it comes with a one-month validity period.

Adnan Sarkar, Founder of Easy Boba, commented on the initiative: “We are thrilled to offer this Loyalty Card as part of our ongoing efforts to create lasting connections with our customers. At Easy Boba, we believe in rewarding the loyalty of our patrons who have made us a part of their daily routine. This is just one of the many ways we plan to continue enhancing the customer experience as we expand our presence across India.”

Easy Boba, which currently operates 20 outlets across Mumbai, Pune, and Gujarat, continues to set new standards in India’s evolving bubble tea market. The brand’s commitment to offering a diverse and inclusive range of drinks – from dairy-free and low-calorie options to completely plant-based offerings – has resonated with a broad demographic. Easy Boba’s menu caters to the growing demand for authentic, high-quality bubble tea, making it a preferred destination for tea lovers across the country.

This expansion reflects the brand’s mission to introduce the authentic taste of international Boba Tea to the Indian market, enhancing customer satisfaction and fostering a sense of community. As Easy Boba continues to grow, the company remains focused on offering a unique and delightful experience, setting itself apart as a key player in India’s café culture.

In addition to the Loyalty Card launch, Easy Boba has plans for additional outlets across the country in the near future, ensuring that more consumers can experience the rich and flavorful world of bubble tea.

For more information or inquiries, kindly visit www.easyboba.in

About Easy Boba

Easy Boba is India’s leading bubble tea brand, offering an extensive range of authentic, customizable drinks, including vegan, dairy-free, and low-calorie options. With a focus on customer satisfaction and quality, Easy Boba has brought international flavors to India, with locations across Mumbai, Pune, and Gujarat. The brand continues to expand its presence, aiming to redefine the bubble tea experience for Indian consumers.

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Mumbai (Maharashtra) [India], February 11: MaxVolt Energy Industries Limited has announced its plan to go public with an Initial Public Offering (IPO) on 12th February, 2025 to 14^th, February 2025, aiming to raise up to ₹54 Crores with shares to be listed on the NSE Emerge platform. The offer is up to 30,00,000 equity shares at a face value of ₹ 10/- each.

IPO DETAILS:

IPO Date	February12 -14, 2025
Listing Date	[●]
Face Value	₹ 10/- per share
Price Band	₹ 171/- to ₹ 180/- per Share
Lot Size	800 Shares
Total Offer Size	30,00,000 Shares (Aggregating up to ₹ 54 Cr)
Fresh Offer	24,00,000 fresh equity shares (worth Rs. 43.20 cr. at the upper cap),
Offer for Sale	6,00,000 equity shares (worth Rs. 10.80 cr. at the upper cap)
Offer Type	Book Built Offer
Listing At	NSE SME EMERGE
Share Holding Pre-Offer	85,03,928 Shares
Share Holding Post Offer	1,09,03,928 Shares
Market Maker Portion	1,52,000 shares

IPO Reservation

Investor Category                        Shares Offered

QIB Shares Offered                     Not more than 50% of the Net offer

Retail Shares Offered                  Not less than 35% of the Net offer

NII (HNI) shares offered             Not more than 15% 0f the Net offer                                     

Objects of the Offer:

The company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:

1. Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions and non-banking financial companies
2. Funding of capital expenditure requirements of our Company towards purchase of Plant and Machineries
3. General corporate purposes

The IPO is solely lead managed by Smart Horizon Capital Advisors Pvt. Ltd., Bigshare Services Pvt. Ltd., is the registrar to the offer. Rikhav Securities Ltd., is the Market Makers for the company and also a syndicate member.

Mr. Bhuwaneshwar Pal Singh, Managing Director & CFO, said “We see this as an opportunity to not only grow the company but also contribute to a more sustainable future. We are excited about this new phase of development and are grateful to NSE to offer us the NSE EMERGE platform to list our Company”.   

Highlights:

IPO Opens on: Wednesday^, February 12, 2025

IPO Close on: Friday, February 14, 2025

• Total Offer Size – 30,00,000 Equity Shares
• 100 % Book Built Offer
• Price Band – ₹ 171/- to ₹ 180/- Per Share
• Lot Size – 800 Equity Shares

About Max volt Energy Industries Limited:

Established in the year 2019, our Company is primarily engaged in the business of manufacturing of lithium-ion batteries of various range supplied through a diversified sales & distribution mix viz. authorised dealers and distributors and OEMs under our brand name of “MaxVolt Energy” widely used in Electric Vehicles (i.e., E-Scooter, E- Rickshaw, E-Cycle), Energy Storage and Electronics Gadgets etc. We also manufacture customised batteries packs as per the requirement of manufacturers of different industries. In addition to manufacturing, we are supplier of Graphene Battery packs and Battery Chargers designed and developed by us in our own brand name. We designate some of dealers and distributors as service centres. As on September 30, 2024, we have services centre in the states of Uttar Pradesh, Delhi, Bihar, Madhya Pradesh and Gujarat, dealers and distributors have access to these service network to resolve the defects in the batteries. These service centers help us to provide fast and hassle-free service to our dealers and end customers. Our Company is an ISO 9001:2015 certified. The Manufacturing unit situated at Ghaziabad, Uttar Pradesh spread across in 18,000 square feet.

Financials

As per Restated Financial Information:

Our revenue from operations for the six months ended September 30, 2024 and for the Financial Years 2024, 2023 and 2022 amounted to ₹4,027.71 Lakhs, ₹ 4,837.15 Lakhs, ₹ 1,367.95 Lakhs and ₹ 615.01 Lakhs respectively. Our EBITDA for the six months ended September 30, 2024 and for the Financial Years 2024, 2023 and 2022 was ₹ 563.00 Lakhs, ₹ 634.04 Lakhs ₹31.18 Lakhs and ₹ 3.18 Lakhs respectively. Our restated profit after tax for the six months ended September 30, 2024 and for the Financial Years 2024, 2023 and 2022 was ₹ 477.02 Lakhs, ₹ 520.83 Lakhs, ₹ 27.88 Lakhs and 27.88 Lakhs respectively.

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.

Bhubaneswar (Odisha) [India], February 11: United Petro Group, Singapore, and Sadhav Shipping Ltd., Mumbai, have announced a major partnership to establish shipbuilding and comprehensive offshore facilities in Odisha, India.

The Memorandum of Understanding (MoU) was officially signed during the “Utkarsh Odisha, Make in Odisha Conclave 2025” on January 28, 2025, in Bhubaneswar, Odisha, marking an important milestone for both organizations.

The event was attended by PM Narendra Modi, several prominent business houses including Jindal Steel, Adani Ports, Vedanta, Jindal Steel & Power, and several top-ranking officials of the Govt. of Odisha.

About The Project

This bold initiative centers around building large ships alongside relevant repair services. Additionally, it will create offshore supply base facilities that encompass storage spaces and warehouses to aid operations at sea. The setup will meet the needs of different vessel categories, such as oil tankers, naval ships, barges, and other ocean freight vessels. This proposal is aligned with the initiatives of the Govt. of India and the Govt. of Odisha towards the Maritime Amrit Kaal Vision 2047 providing a boost to Port-led development and Maritime Clusters. The new JV entity will also seek to take benefit of the Maritime Development Fund and other initiatives announced in the latest Union Budget 2025.

Business Activities: Both companies will be incorporating a company to accomplish the business activities. The key business activities will include:

1. Shipbuilding
2. Dry Dock & Ship Repairs
3. Oil Rigs Repair & Maintenance
4. Integrated Offshore Supply Facilities

About United Petro Group 

United Petro Shipping Pte Limited, part of the United Petro Group, was founded in 2018 in Singapore. This group focuses on environmentally friendly, secure, and sustainable practices in shipbuilding, recycling, and offshore operations, establishing a significant presence globally in places like Singapore, Malaysia, South Africa, the UAE, the USA, the Netherlands, and Mexico.

The United Petro Group has established extensive agreements with crude oil producers and puts resources into essential assets such as oil storage facilities, drilling platforms, ports, and offshore installations. At present, the group is leading the charge on one of North America’s most extensive oil and petrochemical initiatives, situated in Campeche, Mexico, within the Gulf of Mexico.

About Sadhav Group                                                                                                              

Sadhav Shipping Limited, the company was incorporated in August 1996 and listed on NSE in March 2024. It owns and operates a diversified fleet of 22 vessels in sectors such as Offshore Logistics, Port Services, and Oil Spill Response.

The company is recognized for operating India’s first Port-Based Tier 1 Oil Spill Response Centre in Mumbai, and it has expanded operations to most major ports in India.

The company is a formidable player in the offshore logistics sector in India and a preferred business partner with ONGC to meet their requirements.

With the aim of exploring new business opportunities, the company has partnered with United Petro Group, Singapore. This collaboration has led to further strategic business development, culminating in the signing of a Memorandum of Understanding (MoU) with the Government of Odisha.

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