8, Feb 2024
Banaswadi Traffic Police and Traffic Warden Organisation Conduct Traffic Awareness Program
Bengaluru,8th February 2024: In a proactive effort to enhance road safety and raise awareness about traffic regulations, the Banaswadi Traffic Police in collaboration with the Traffic Warden Organisation conducted a comprehensive Road Safety and Traffic Awareness Program at Trilife Hospital today. The awareness program was conducted by Traffic Warden Mr. Satish Rao and Mr. Chetan, in the presence of Mr. Manjunatha, Inspector, Banaswadi Traffic Police Station, Mr. Muralidhar, Chief Warden, Bangalore City Traffic Warden Organisation, Asst. Sub Inspector Mr. Srinivas and Dr. Shafiq A M, Director and CEO, Trilife Hospital.

With the objective of reducing road accidents and promoting responsible driving behaviour, the training program featured informative sessions led by dedicated traffic wardens who enlightened the audience about crucial traffic rules and emphasized the importance of adhering to them for the safety of all road users. During the program, participants were educated on essential do’s and dont’s while driving and riding, emphasizing the significance of defensive driving techniques, adherence to speed limits, proper lane discipline, and the importance of using safety equipment such as helmets and seat belts.
One of the key highlights of the session was the discussion on the Good Samaritan Law, which encourages bystanders to offer immediate assistance to accident victims without fear of legal repercussions. This law serves as a vital tool in fostering a culture of compassion and prompt response during emergencies on the road.
Mr. Manjunatha, Inspector, Banaswadi Traffic Police, said “We believe that education and awareness are fundamental pillars in our efforts to reduce road accidents and ensure the well-being of our citizens. Through collaborative initiatives like today’s program, we aim to empower individuals with the knowledge and skills necessary to navigate our roads safely. The Banaswadi Traffic Police and Traffic Warden Organisation remain committed to organizing similar initiatives in the future, as part of our ongoing efforts to create a safer and a more secure environment for all road users”.
Dr. Shafiq A M, Director and CEO Trilife Hospital, said, “We extend our heartfelt thanks to the Banaswadi Traffic Police and Traffic Warden Organisation for conducting this important educative program at Trilife Hospital. Their dedication to promoting road safety and raising awareness about traffic regulations is commendable, and we are proud to have played a part in this initiative.”
The Road Safety and Traffic Awareness Program received positive feedback from the participants, who appreciated the opportunity to enhance their understanding of traffic regulations and road safety practices. The program was attended by around 200 people including the public, family, and staff of the hospital.
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- By Rabindra
8, Feb 2024
Nagaland Olympic Association and Sports For All (SFA) partnership to enable school athletes in Nagaland to showcase their sporting talent
Mumbai, 8 February, 2024: Nagaland Olympic Association (NOA) and Sports For All (SFA), have announced a strategic partnership to strengthen the grassroots ecosystem in the state. The announcement was made in attendance of esteemed dignitaries, Shri. Neiphiu Rio, Honorable Chief Minister of Nagaland; Shri. Y Patton, Honorable Deputy CM, Nagaland; Shri. Abu Metha, Advisor to CM and Chairman IDAN and Shri Neivikuolie Khatsu, Asst Secretary General, NOA, alongwith SFA team represented by Rishikesh Joshi, Founder and Tilak Kakkad, Director’s Office. This partnership marks a significant step towards the realization of the shared vision to encourage sports participation, empower talent, and build a platform for athletes to showcase their skills on a larger stage.
Nagaland, known for its rich cultural heritage, has been making commendable strides in sports. The recently announced Nagaland Olympic & Paralympic Games 2024 across 16 sporting disciplines underscore the state’s dedication to creating opportunities for athletes. Archery, Athletics, Badminton, Basketball, Boxing, Cricket, Football, etc. are some of the key sports of the state. Previously, Nagaland has also produced some great sportsmen like Dr. T Ao (the first captain of the Indian Olympic football team) and Chekrovolu Swuro (Olympian archer and Arjuna Awardee).
Shri. Neiphiu Rio, Honorable Chief Minister of Nagaland, shared, “Nagaland Olympic Association and Sports For All (SFA), together aim to create an environment that encourages sports at the grassroots level and ignite a passion for excellence. Our aim is to bring about sustainable change for our state, through sports. Introducing a sporting culture in school, strengthening the same in college, creating a strong ecosystem for women athletes and coaches, are key initiatives that make Nagaland a great contender to host the National Games”.
Adding to this revolutionary association, expressed Shri. Abu Metha, Advisor to CM and Chairman IDAN, “This partnership is aligned with our vision to broaden the sporting ecosystem in Nagaland and offer an opportunity for our athletes to test their capabilities and gain exposure. We are looking forward to the journey of triumph and personal growth that lies ahead for our athletes, our future Champions”.
SFA, India’s largest tech-enabled multi-sports school competition platform, has been working towards the development of grassroots sports ecosystem of the country, since inception in 2015. Through this partnership, the company will facilitate its flagship IP – SFA Championships – a pivotal platform for developing grassroots sports in the state and the country. The commitment of the NOA and the Government of Nagaland, will be a catalyst in the discovery of sporting talent at the SFA Championships.
Speaking on the partnership, Rishikesh Joshi, Founder, Sports For All (SFA), elaborated, “The partnership with Nagaland Olympic Association strengthens our mission to enable a platform for the country’s youth to compete and play sports. Nagaland has seen significant growth in terms of sporting infrastructure and budding athletes, and this association will assist to further the sporting ecosystem of the state and our country. After having created a valuable impact across 9 cities within a span of 3 months, SFA Championships will now make a debut in the North-East, the grounds of emerging sporting potential”.
With the forward path to host 150 Championships across 50 cities of India, in the next five years, this partnership is a move forward in making sports accessible for school athletes across the country, thereby empowering today’s talent to become the Champions of tomorrow. The journey to represent the country at the Olympics, is what SFA Championships is enabling for emerging athletes.
8, Feb 2024
Nagaland Olympic Association and Sports For All (SFA) partnership to enable school athletes in Nagaland to showcase their sporting talent
Mumbai, 8 February, 2024: Nagaland Olympic Association (NOA) and Sports For All (SFA), have announced a strategic partnership to strengthen the grassroots ecosystem in the state. The announcement was made in attendance of esteemed dignitaries, Shri. Neiphiu Rio, Honorable Chief Minister of Nagaland; Shri. Y Patton, Honorable Deputy CM, Nagaland; Shri. Abu Metha, Advisor to CM and Chairman IDAN and Shri Neivikuolie Khatsu, Asst Secretary General, NOA, alongwith SFA team represented by Rishikesh Joshi, Founder and Tilak Kakkad, Director’s Office. This partnership marks a significant step towards the realization of the shared vision to encourage sports participation, empower talent, and build a platform for athletes to showcase their skills on a larger stage.
Nagaland, known for its rich cultural heritage, has been making commendable strides in sports. The recently announced Nagaland Olympic & Paralympic Games 2024 across 16 sporting disciplines underscore the state’s dedication to creating opportunities for athletes. Archery, Athletics, Badminton, Basketball, Boxing, Cricket, Football, etc. are some of the key sports of the state. Previously, Nagaland has also produced some great sportsmen like Dr. T Ao (the first captain of the Indian Olympic football team) and Chekrovolu Swuro (Olympian archer and Arjuna Awardee).
Shri. Neiphiu Rio, Honorable Chief Minister of Nagaland, shared, “Nagaland Olympic Association and Sports For All (SFA), together aim to create an environment that encourages sports at the grassroots level and ignite a passion for excellence. Our aim is to bring about sustainable change for our state, through sports. Introducing a sporting culture in school, strengthening the same in college, creating a strong ecosystem for women athletes and coaches, are key initiatives that make Nagaland a great contender to host the National Games”.
Adding to this revolutionary association, expressed Shri. Abu Metha, Advisor to CM and Chairman IDAN, “This partnership is aligned with our vision to broaden the sporting ecosystem in Nagaland and offer an opportunity for our athletes to test their capabilities and gain exposure. We are looking forward to the journey of triumph and personal growth that lies ahead for our athletes, our future Champions”.
SFA, India’s largest tech-enabled multi-sports school competition platform, has been working towards the development of grassroots sports ecosystem of the country, since inception in 2015. Through this partnership, the company will facilitate its flagship IP – SFA Championships – a pivotal platform for developing grassroots sports in the state and the country. The commitment of the NOA and the Government of Nagaland, will be a catalyst in the discovery of sporting talent at the SFA Championships.
Speaking on the partnership, Rishikesh Joshi, Founder, Sports For All (SFA), elaborated, “The partnership with Nagaland Olympic Association strengthens our mission to enable a platform for the country’s youth to compete and play sports. Nagaland has seen significant growth in terms of sporting infrastructure and budding athletes, and this association will assist to further the sporting ecosystem of the state and our country. After having created a valuable impact across 9 cities within a span of 3 months, SFA Championships will now make a debut in the North-East, the grounds of emerging sporting potential”.
With the forward path to host 150 Championships across 50 cities of India, in the next five years, this partnership is a move forward in making sports accessible for school athletes across the country, thereby empowering today’s talent to become the Champions of tomorrow. The journey to represent the country at the Olympics, is what SFA Championships is enabling for emerging athletes.
8, Feb 2024
Large Indian Genome wide study identifies key genes for Parkinson disease…
Hyderabad, February 08, 2024: A new study conducted by MedGenome, a leading global genomics company in South Asia, together with Parkinson’s Research Alliance of India (PRAI) found that rare genetic variations along with common variants derived through polygenic risk score (PRS) can detect Young Onset of Parkinson’s Disease (YOPD). A pilot study was published through this collaboration in the 2022 July edition of the Advanced Biology journal with 100 whole genome of Parkinson’s Disease patients [1]. The new study validated the existing knowledge along with new findings on the genetics of Parkinson’s disease which got published in the prestigious journal, Movement Disorders.
This is a first-of-a-kind study conducted in India aimed to initiate a population-based genetic analysis of Young Onset Parkinson’s disease (YOPD) in Indian population. The Genetics of PAN-India Young Onset Parkinson Disease (GOPI-YOPD), a multicentre Pan India project- recruited 1000 patients through a network of 10 specialty Movement Disorder Centers/Neurology clinics across India.
The research paper investigates genetic variations associated with young-onset Parkinson’s disease (YOPD) in the Indian population. The study validates existing findings from European populations and identifies major genetic mutations in genes such as PRKN (13%), GBA, PINK1, and LRRK2 with a notable discovery of rare South Asia-specific mutation in the GBA gene, including p.Ser164Arg, confirmed through experimental research. This mutation is not seen in other populations. The study aggregates the common genetic variations into a polygenic risk score (PD-PRS), introducing a genetic screening test for assessing the risk of developing Parkinson’s disease. This comprehensive analysis of rare and common genetic variations in YOPD in the Indian population enhances the understanding of the genetic basis of Parkinson’s disease and introduces a novel genetic screening approach to assess disease risk. This opens door for a first-ever genetic screening in India for Parkinson’s Disease in high-risk individuals and affected families. The results can be evaluated by clinicians and geneticists to guide patients in early intervention, disease risk mitigation, and better treatment strategies.
The genomic analysis for the study was done at MedGenome Labs using MedGenome’s SARGAM array (South Asian Research Genotyping Array for Medicine), which has curated content from a proprietary database of 2.5 million variants unique to the South Asian population which is not available in any publicly available genetic database.
Prof Rupam Borgohain, Secretary of Parkinson’s Research Alliance of India (PRAI) and Chairman, PDMDRC, Citi Neuro Centre, Hyderabad said, “Parkinson’s disease is a common neurological disorder causing tremors, slowness of movements, stiffness and walking difficulties in most. It is caused by a complex interaction between external environmental and familial or genetic factors. Based on the initiative of Dr Prashanth LK, Specialist in Movement disorders, Parkinsons disease and Movement disorders clinic, Bengaluru, a first of its kind- India wide registry of Young Onset Parkinson’s Disease (disease starting at age less than 50 years) was started by PRAI and resulted in insights into clinical and genetic aspects of Indian patients. Parkinson’s disease with onset less than 20 years (juvenile PD), 20-40 years (young onset PD) and 40-50 years (early onset PD) have different clinical features. The role of genetic factors seems to be higher in these patients compared to older age and this collaborative project of PRAI with MedGenome has identified unique genetic fingerprints in Indian patients.”
Dr Vedam Ramprasad, CEO, MedGenome said, “MedGenome has always been at the forefront of equipping clinicians and patients with the latest and most innovative tools in healthcare by leveraging the power of genomics. With the increased focus on personalised medicine, using risk screening tools such as Polygenic Risk Score (PRS) will enable us to predict an individual’s genetic liability to rare and inherited diseases much in advance before the symptoms start appearing. With these findings, we aim to offer a prognostic value to clinicians while catering to the need of a systematic genetic evaluations for timely prevention and management of several diseases.”
Parkinson’s disease is the second most common neurodegenerative disorder in adults in the age bracket of 60 years and above. The Global Burden of Disease Study (2018) states that the burden of Parkinson’s disease has doubled across the globe over the past two decades. India accounts for approximately 10% of the global burden, which translates to nearly 0.58 million patients living with the disease.
8, Feb 2024
Rapido offers free eye check-ups for its 3 lakhs+ registered Captains in Chennai
Chennai, 08 February 2024: Rapido, a leading aggregator platform which provides bike taxi, auto, and cab services has announced the launch of “Drive Safe India” campaign partnering with Shell Fleet Solutions to promote road safety by ensuring good eye care of its captains. As part of the campaign, Rapido is offering free eye-check-ups and free spectacles to its 3 lakhs + registered bike taxi, auto and cab captains operating at its city office in Guindy, Chennai.

So far, Rapido is expecting around 45,000+ captains to register for this one month-long campaign that was launched on 19th January 2024. By partaking in these eye examinations, Rapido captains can proactively identify potential vision impairments, paving the way for timely intervention. Good eye health is essential for driving, especially for reading road signs accurately. By providing free eye check-ups, Rapido ensures that its captains can address any underlying vision issues that may hinder them from safe driving practices.
Speaking about the initiative, Pavan Guntupalli, co-founder of Rapido said ‘At Rapido, we prioritise the safety and well-being of our captains and riders. Captains with poor vision may fail to comply with the traffic regulations. To avoid any such scenarios and keeping in mind the safety of our Rapido captains, passengers, and other commuters on the road, we are organising this campaign to provide free eye-check ups and free spectacles. This initiative will help to reduce the risk of accidents that stems from visual impairments and provide a safe riding experience for both the passengers and captains throughout the journey.”
Recognising the pivotal role captains play in the success of Rapido, the company has undertaken this comprehensive healthcare campaign in Chennai to ensure the overall wellness. The campaign aligns with Rapido’s commitment to fostering a culture of care and responsibility towards its captains. By offering free eye check-ups, the company aims to proactively address any vision-related issues that captains may face.
7, Feb 2024
Bridging the Gap Between Technology and Human Values in the Retail Sector; RAI Presents the First ‘Retail HR Tech Summit’
Mumbai, February 7, 2024: In an age characterised by swift technological progress and evolving consumer expectations, the retail sector finds itself at the nexus of innovation and human connection. On February 6, 2024, the Retailers Association of India organised the inaugural ‘Retail HR Tech Summit’ in Mumbai. This summit has been meticulously designed to provide a platform for Retail HR Leaders, offering them the prospect to address industry challenges and capitalise on emerging opportunities.

Speaking about the theme of the Retail HR Tech Summit, Kumar Rajagopalan, CEO, Retailers Association of India, said, “At the forefront of the Retail HR Tech Summit, our aim is to illuminate how technology can revolutionise HR practices within the retail sector. This inaugural event is not just a conference; it’s a crucial step towards understanding and harnessing technology to enhance recruitment processes, foster employee development, and cultivate a positive organizational culture. We are dedicated to exploring innovative solutions that empower HR professionals to build more efficient, people-centric, and culturally rich environments in their companies. This summit is a pivotal point for industry leaders to collaborate, learn, and shape the future of retail HR through technology.”
The summit’s highlight was the keynote address by R. Swaminathan, Chief People Officer, WNS. During the address, he expressed, “Technology is no longer merely a tool, but an active participant in our workplace, facilitating complex decisions and shaping business outcomes. We are at a juncture where the synergy between technology and human intelligence is crucial for creating sustainable and engaging experiences for our customers and employees. The first Retail HR Tech Summit is a testament to the evolving landscape where HR is harnessing technology’s enormous potential to drive organizational growth and success.”
The day long summit had various panel discussion with HR leaders deliberating on some critical discussion such as ‘The Art and Science of Selecting the Right HR Tech Solutions and Enablement Partners’, ‘Enhancing Retail Performance: Unleashing the power of HR analytics for organization Profitability’, ‘Upskilling and Reskilling in Retail: HR Tech for Continuous Learning’, ‘Nurturing Tech-Savvy HR Leadership: Strategies for Developing HR Executives in the Digital Era,’’ Nurturing Tech-Savvy HR Leadership: Strategies for Developing HR Executives in the Digital Era’, among others.

“The Retail HR Tech Summit is a beacon for innovation in HR technology. As a leading tech solutions provider, Apnatime Tech is proud to contribute to this transformative journey. We believe that the right technology can revolutionize the retail sector, making it more efficient, inclusive, and attuned to the needs of the modern workforce. Our goal is to develop solutions that not only address the immediate challenges but also pave the way for a more dynamic and adaptive retail environment,” said Nirmit Parikh, CEO, Apnatime Tech.
Retail HR leaders speaking at the summit included, Adhir Mane, CHRO – Corporate, Raymond; Harsh Aparanji, Chief HR Officer, Landmark Group, India; Raghvendra D Singh, Vice President – HR Platforms & Systems, Reliance Retail; Anjali Goel, Head HR, V-Mart Retail; Santosh Vuppala, Head – Analytics and Insights, Titan Company; Venkat Iyer, Head- People & Organisation (Retail), Puma Sports India; Dr. Sanjeev Kumar Chauhan, Director – HR, Pepe Jeans India; Parineeta Cecil Lakra, Country People & Culture Manager, IKEA India; Rohith Kumar, CHRO, Westlife Foodworld (McDonalds India – West & South); among others.
The summit commenced with recognition of digital milestones in the retail sector with the first edition of the ‘Retail HR Tech Awards 2024’. Championing the success included VMart, Metro Brands, IKEA India, Reliance Retail, Celio, Shoppers Stop, Spykar, 24Seven and Westlife to name a few.
7, Feb 2024
SunteckCity’s Luxurious Living Essence Captured by Dabboo Ratnani
Mumbai, February 7, 2024: Sunteck Realty, India’s leading luxury developer, collaborated with celebrity photographer Dabboo Ratnani, an Indian fashion and commercial photographer known for his annual calendar featuring Bollywood glamour, to capture the magnificence of its premium luxury project – SunteckCity situated in Oshiwara District Centre (ODC), Goregaon (W). The latest campaign ‘The Sky High Deck Residences’ aptly captures the grandeur of the higher floors that are built to perfection with wrap around Decks and French windows that offer beautiful scenic views.

SunteckCity, replete with an impressive array of amenities designed to enhance the quality of life for its discerning residents, is already home to some popular Bollywood and television actors and fraternity, and social media influencers.
Speaking about choosing Dabboo Ratnani to shoot this campaign, Anupma Khetan, Customer Experience Evangelist, said At Sunteck, our commitment remains steadfast in offering an unparalleled blend of luxurious residences and a delightful lifestyle, showcasing exceptional Dabboo’s signature photography styles along with the glamour and panache of SunteckCity make it the perfect portrayal of luxury living.”
Expressing his thoughts behind the campaign shoot, Dabboo Ratnani expressed, “It’s truly a case where a picture speaks a thousand words, effortlessly conveying the opulence and splendour, I wanted to to showcase a distinctive lifestyle through my lens. The pictures are a representation of the lifestyle Sunteck wants its customers to live and enjoy every moment.”
SunteckCity, stands as a testament to the art of luxurious living, epitomizing refined elegance in the very heart of Goregaon (W). An ensemble of towers with the first habitable floor strategically raised offering an elevated view. Meticulous attention has been paid to the thoughtful design of each apartment, boasting spacious layouts and premium finishes that emanate an air of sophistication. These living spaces are complemented by expansive private Decks and French windows, serving as an extension of the luxurious interiors.

Sunteck Realty has consistently led the way in uncovering prime locations and enhancing their value through world-class development. The Oshiwara District Complex (ODC) is MMRDA’s ambitious project to create a vast mixed-use development in Mumbai. Sunteck is incredibly proud to set new standards for premium development within ODC, just as it has accomplished at BKC with ultra-luxury projects.
The Goregaon suburb in Mumbai has become a thriving centre of activity and a highly sought-after haven for prospective homeowners. Among the developments gracing the landscape of Goregaon West, SunteckCity shines brightly as a premium township offering a self-contained lifestyle and opulent residences. Within this expansive haven, residential towers, Sunteck 1st, 2nd and 4th Avenue, beckons discerning individuals to indulge in an exquisite living experience.
Strategically positioned in the heart of the Oshiwara District Centre (ODC), a commercial and residential hub, SunteckCity spans a vast expanse of approximately 23 acres.
SunteckCity boasts exceptional connectivity, strategically situated in close proximity to key transportation nodes such as S.V. Road, Ram Mandir Railway Station, and the Mrinaltai Gore (East-West) Flyover, seamlessly linking to the Western Express Highway. Additionally, it enjoys close access to the Jogeshwari-Vikhroli Link Road and is conveniently located just 10 kilometers from the Mumbai International Airport. Its adjacency to prominent corporate hubs like Nirlon and NESCO further enhances its strategic location within the area.
7, Feb 2024
Quess Corp Divests Qdigi Services to Onsitego
Mumbai, India, February 7, 2024: Quess Corp Ltd, India’s leading business services provider, announced today that it has agreed to divest its wholly-owned subsidiary, Qdigi Services Limited, to Onsitego, India’s #1 device-care provider.
As part of the transaction, the entire team and business of Qdigi will be transferred to Onsitego. Quess will receive total cash consideration of ₹80 cr., subject to customary closing adjustments. Quess will be acquiring a minority stake in Onsitego. The transaction is expected to be completed over the next 2-3 months.
Speaking on the occasion, Guruprasad Srinivasan, ED & CEO, Quess Corp Ltd, said, “In line with the Corporate structure simplification process of business lines, we have divested our stake in Qdigi. Quess Corp helped Qdigi team to scale and create an unparalleled pan India customer reach and service capabilities. We believe that going forward the Qdigi business is hugely complimentary to the offerings of Onsitego, while Onsitego will provide the platform for the next level of growth in Qdigi business.”
Deven Sharma, CEO, Qdigi Services Ltd., said, “Being a part of the Quess family since 2018 has helped us build scale by leveraging Quess’ platform and the management expertise. Integration of Qdigi services with Onsitego will help both businesses accelerate growth and create a more enriching service experience for our customers.”
Kunal Mahipal, Founder & CEO, Onsitego said, “Onsitego has been a leader in the protection plan business owing to its excellent customer service. Over the past decade, we have been able to build a strong service network. The acquisition of Qdigi will further add to our service capabilities and market offerings. While we will expand Qdigi’s existing relationships, we are also looking to target new OEM partners and retailers to accelerate growth. I am sure together we will be able to create India’s largest and the most customer-obsessed service company.”
Rationale for Transaction
For Quess, the transaction is aligned to overall strategy of corporate structure simplification. Whereas, Qdigi’s capabilities will highly complement the device protection business of Onsitego. It will allow Onsitego to enrich its customer service experience and also open up new areas of growth
7, Feb 2024
Atmastco Limited to open its SME IPO in February 2024
7th, February 2024: ATMATSCO LIMITED, a leading Engineering, Procurement and Construction (EPC) company, is pleased to announce the opening of its Initial Public Offering (IPO) for subscription in February this year. Headquartered in Bhilai, Chhattisgarh, the company is offering 73,05,600 equity shares, comprising 54,80,000 equity shares as a fresh issue and 18,25,600 equity shares through an Offer for Sale (OFS). ATMATSCO LIMITED will be listed on the NSE EMERGE.
The proceeds from the IPO will be used for Working Capital requirements and repayment of loans in order to become a provider of technology solutions in the EPC sector to improve efficiency on existing and new contracts. The profit so generated from the EPC sector will be utilised towards the production of defence systems until September 2024 through its subsidiary Atmastco Defence Systems Private Limited.
With ongoing projects worth over Rs. 720 crores, the company has become consistently profitable over the last three financial years. The company recorded a remarkable 156% increase in revenue in FY 2022-23 as compared to the previous financial year. The key promoters of the company are Mr Subramaniam Swaminathan Iyer, Mr Venkataraman Ganesan and Ms Jayasudha Iyer, who have more than three decades of experience
Mr Subramaniam Swaminathan, Chairman and Managing Director, said, “I am proud of our company’s legacy since 1988, marked by more than 90 completed contracts and a flourishing order book of more than Rs 700 crore. With a pan-India presence, an annual capacity of more than 24,000 tonnes and a dedicated workforce of more than 250 employees, we are a mainstay in our industry. Our commitment to excellence and scale makes us one of the country’s leaders in installed capacity.”
Referring to the company’s ESG initiatives, Mr Subramaniam Swaminathan added, “About 75–80% of the company’s main power requirement is met through solar energy. The company is transforming the ERC environment by improving the technology and focusing on the ERC tech platform.”
Mr. Swaminathan Vijay Chander Iyer, Director of a wholly owned subsidiary of Atmastco Defence Systems Private Limited, commented: “We are honoured to partner with the Defence Research and Development Organisation (DRDO) through a technology transfer licencing agreement. This partnership is an indication of our commitment to enhancing technological capabilities in the field of defence materials. In this journey, we are ready to harness innovation and drive progress to ensure that our production fits seamlessly into our common goals of improving national security.”
Mr. Vijay Chander Iyer further said, “In 2020, we established Atmastco Defence Systems Private Limited to manufacture world-class bulletproof jackets, helmets and full body protectors for the military, including specialised protection gears for women defence personnel. We aim to provide the best possible protection for our defenders.”
ATMATSCO LIMITED boasts valued customers including the Ministry of Railways and major companies in the energy and steel sectors.
The lead manager of the issue is Affinity Global Capital Market Private Limited, while Cameo Corporate Services Limited will act as registrar for the issue. The Draft Prospectus (DP) has already been approved by the National Stock Exchange and the Company is planning to open the issue anytime soon.
