Granules India Launches Mobile Cancer Screening Unit at AIG Hospitals

Key Takeaways from Granules India Launch of Mobile Cancer Screening Unit 

• Granules India launched Mobile Cancer Screening Unit, 'Breast Health Express', in collaboration with Granules Trust, Asian Medical Foundation, UC Breast Foundation, and AIG Hospitals.
• The campaign serves to boost the detection and treatment of cancer among specially disadvantaged sections of society.
• The company intends to expand to other Telangana areas after starting operations in and around Hyderabad.
• The mobile unit utilises the latest machines in mammography and ultrasound for total and reliable tests on cancer.
• Apart from cancer checkups, the mobile clinic will conduct elementary health checkups including tests on haemoglobin, blood pressure, and glucose levels.
• The Breast Health Express advocates early detection of breast cancer in its health care program.

The mobile unit would be equipped with the latest mammography and ultrasound technology so that healthcare professionals can provide much-needed cancer screening services directly to the doorsteps. The unit will begin operations in and around Hyderabad, with intentions to extend to other districts of Telangana in the following months.

Apart from these cancer screenings, the mobile clinic would also administer vital health checks like tests for haemoglobin levels, blood pressure, and glucose levels. This innovative model of cancer screening and treatment accessibility, the ‘Breast Health Express' has a particular emphasis on early breast cancer detection.

About Granules India Limited:

Granules India Limited, incorporated in 1991, is a fast-growing pharmaceutical company located in Hyderabad. The company operates with state-of-the-art facilities, emphasising operational excellence, quality, and customer service. The uniqueness of this company is its ability to manufacture every part of the pharmaceutical value chain including Active Pharmaceutical Ingredients (APIs), Pharmaceutical Formulation Intermediates (PFIs), and Finished Dosages (FDs). Granules services over 300 customers in highly regulated and semi-regulated markets. The company has a presence in more than 80 countries around the world with an office in India, the US, and the UK. The organisation possesses 10 manufacturing facilities located at 8 locations in India and 2 locations in the US. Granules also obtained clearances from some overseas regulatory authorities, including the US FDA and WHO GMP.

Key Takeaways from the Share Surge:

• Mukta Arts signed a deal with Zee Entertainment for the satellite and media rights for 37 Mukta Arts films. 
•  The 25% consideration will be more than the previous deal. 
•  This morning, 25 September, shares spiked 14% after the announcement. 

The deal starts on 25 August 2027 and grants Zee the rights to air the films for a period of time of 6 years. In this deal, Mukta Arts gets 25% consideration over its previous agreement with Zee, which is more good financial news for the company. 

This announcement has been positively received by the market, boosting investor confidence in Mukta Arts and contributing to the impressive rise in the company's stock price today.

About Zee Entertainment Enterprises Limited 

Zee Entertainment Enterprises Ltd. (ZEEL) is a leading Indian media company specialising in broadcasting satellite television channels, selling media content, and providing space-selling services for other channels. Founded in 1982 by Subhash Chandra, ZEEL is India's largest television network and a global content powerhouse, connecting over 1 billion people across multiple genres, languages, and platforms. Its diverse portfolio includes television, digital content, movies, music, and live events, making it a key player in both broadcast and digital entertainment markets.

About Mukta Arts Limited

Incorporated in 1982, Mukta Arts Ltd. is a well-established production house in the Indian entertainment industry, primarily focused on film production, distribution, and exhibition. Founded by Mr. Subhash Ghai, Mukta Arts has produced a library of over 42 films and offers production facilities to other filmmakers and independent producers. The company also operates across various entertainment segments, including education and exhibition, making it a key player in the broader spectrum of the Indian film and entertainment industry.

Key Takeaways from TVS Motors’ TVS RONIN Edition:

• TVS Motor announced a new festive edition of the TVS RONIN series.
• The motorcycle will be provided with swoon-worthy Midnight Blue color finished with vibrant fluorescent green graphics on the top variant and is exclusively offered.
• The new design of the house of TVS Motor has certainly made the motorcycle look more modern-retro than ever. Special introductory pricing has been announced for the base version of the RONIN.
• The car has been priced at Rs 1,35,000, ex-showroom New Delhi, for the base variant.

In conjunction with the festive gaiety, special introductory pricing for the base variant of the RONIN has also been announced by the company and that particular model now starts at Rs 1,35,000 (ex-showroom New Delhi).

“TVS RONIN has set benchmarks with its modern-retro design and advanced features. Our #Unscripted mantra inspired riders to explore new horizons, embrace limitless adventures, and create their own stories”, Vimal Sumbly, Head of Business – Premium, TVS Motor Company, said.

About TVS Motor Company Limited:

TVS Motor Company Limited, which is a manufacturer of two and three-wheelers, consists of four advanced manufacturing plants in India and Indonesia that promise sustainable mobility. With 100 years of trust and customer passion, TVS builds very high-quality products through innovative and eco-friendly methods. It is the only two-wheeler company to ever win the coveted Deming Prize and also scored its No. 1 rank in customer service satisfaction by J.D. Power for four successive years. Apart from this, TVS has subsidiaries in the UK like Norton Motorcycles and leads the e-bike market in Switzerland through Swiss E-Mobility Group and EGO Movement. They focus on delivering an exceptional customer experience across 80 countries.

Key Takeaways from the IPO Announcement

• The IPO will be open from September 26 to September 30, 2024, with shares priced between ₹159 and ₹168 per share.
• Eligible employees will receive a discount of ₹8 per share on the IPO price.
• The net proceeds will be used to expand existing facilities, set up a new manufacturing plant, and fund working capital needs.

The IPO includes a fresh issue of 9,405,000 equity shares with face value of Rs 10 per share with the proceeds aimed at expanding Diffusion Engineers' manufacturing facilities, including the Khapri facility in Nagpur and a new facility in Hingna, Nagpur. Funds will also support working capital needs and other corporate purposes. 

The minimum bid lot for retail investors is 88 equity shares, with a maximum subscription amount of ₹2,00,000 for retail investors and ₹5,00,000 for eligible employees.

Eligible employees will receive a discount of ₹8 per share, and retail investors can bid for shares with a minimum order of 88 equity shares. The IPO will operate as a 100% book-building issue, with a tick size of Re.1.

Investors can bid between 10:00 a.m. and 5:00 p.m. during the issue period, and UPI mandate confirmations must be completed by 5:00 p.m. on the last day of IPO bidding, September 30, 2024. Investors are encouraged to confirm their UPI mandates well in advance to avoid last-minute technical issues.

Unistone Capital Private Limited is the lead manager for the IPO, with HDFC Bank and ICICI Bank acting as sponsor banks.

About Diffusion Engineers Limited

Diffusion Engineers Limited, founded in 1982, specialises in producing welding consumables, wear plates, parts, and heavy machinery for various core industries. The company also provides repair and reconditioning services for large machinery and equipment, while trading in wear protection powders and welding and cutting machines.

At its facilities, Diffusion Engineers uses a unique "Super Conditioning" process that enhances machine component durability, reduces wear, and extends their lifespan, resulting in lower production costs. The company operates four manufacturing units in Nagpur, Maharashtra, with three located in the Nagpur Industrial Area and one in Khapri.