Propelld Announces Successful ESOP Buyback, Pool Increase, and Additional Grants

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Bengaluru, 7 August 2024: Propelld today announced the successful completion of their ESOP (Employee Stock Ownership Plan) buyback, a significant increase in the ESOP pool, and the distribution of additional ESOPs to employees. The buyback, valued at ₹7.05 crore, saw the participation of 18 employees who held vested ESOPs.
The ESOP pool has been expanded by 50%, increasing from 2,898 to 4,334 shares. This expansion is aimed at attracting and retaining top talent, thereby supporting the company’s hiring strategy and rewarding high-performing employees. In addition, Propelld granted additional ESOPs worth ₹6.5 crore to 70 employees, based on their performance and potential, further underscoring the company’s commitment to recognizing and rewarding exceptional effort.
Bibhu Prasad Das, Co-founder and CEO, Propelld, said: “Our recent actions reflect our commitment to the team’s growth and well-being. By expanding our ESOP pool and rewarding high performers, we not only recognize the significant contributions of our employees but also align their success with the company’s long-term goals. As we strive to become India’s largest sustainable education financing company, these initiatives are crucial in fostering a supportive and motivated workforce.”
Amritesh Shukla, HR Head, Propelld, said: “We value performance and rigor as a company. Wealth creation opportunities for our employees’ help them to fulfil the dreams and ambition of their family members too.”
The company has also announced plans for future ESOP-related initiatives, including additional buybacks, demonstrating its ongoing dedication to employee welfare and shared success.

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ಖ್ಯಾತ  ವೈಣಿಕರಾದ ಪದ್ಮ ಭೂಷಣ ಡಾ. ವಿ.ದೊರೆ ಸ್ವಾಮಿ ಅಯ್ಯಂಗಾರ್ ಅವರ ಜೀವನ ಚರಿತ್ರೆಯನ್ನು ಆಂಗ್ಲ ಬಾಷೆಯಲ್ಲಿ ಅನುವಾದ ಮಾಡಿ ಬಿಡುಗಡೆ

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ಇದೆ ತಿಂಗಳು 10ನೆ ತಾರೀಕು ಬೆಳಿಗ್ಗೆ 10-30ಕ್ಕೆ ಖ್ಯಾತ  ವೈಣಿಕರಾದ ಪದ್ಮ ಭೂಷಣ ಡಾ. ವಿ.ದೊರೆ ಸ್ವಾಮಿ ಅಯ್ಯಂಗಾರ್ ಅವರ ಜೀವನ ಚರಿತ್ರೆಯನ್ನು(Dr. V. Dore swamy Iyengar “Pride of Mysore” Penned by Barathi Kasaragodu) ಆಂಗ್ಲ ಬಾಷೆಯಲ್ಲಿ ಅನುವಾದ ಮಾಡಿ ಬಿಡುಗಡೆ ಮಾಡುತ್ತಿದ್ದೇವೆ.

ಸ್ಥಳ :ಕನ್ನಡ ಸಾಹಿತ್ಯ ಪರುಷತ್

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Quarter 01 FY 2024-25 financial results:Bosch Limited registers 14.1% profit before tax in Q1 FY 2024-25

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* Total revenue from operations in Q1 of FY 2024-25 is up by 3.8% over the same quarter of previous year.

* Profit after tax stood at 10:8% of total revenue from operations.

Bengaluru, India – Bosch Limited, a leading supplier of technology and services, today posted its total revenue from operations of INR 4,317 crores (481 million euros) in Quarter 1 of FY 2024-25, an increase of 3.8% over the same quarter of last year. This growth is driven by higher demand in the overall automotive market, mainly in passenger cars segment.

The Profit Before Tax stood at INR 611 crores (68 million euros) which is 14.1% of the total revenue from operations, an increase of 14.7% over the same quarter of previous year. The Profit After Tax (PAT) stood at INR 466 crores (52 million euros) which is 10.8% of the revenue from operations.

“The financial year commenced with moderate growth in automotive market despite the challenges of a high base from the previous year, a slowdown related to elections and the summer heatwaves. Continued demand in the passenger car segment, coupled with growth in production and wholesale, resulted in growth for Bosch Limited, this quarter. However, retail sales have remained sluggish leading to a rise in the pipeline inventory. Despite the challenges, the overall sentiment in the automotive sector remains positive,” said Guruprasad Mudlapur, President of the Bosch Group in India, and Managing Director, Bosch Limited.

Snapshot of performance in Quarter 1
Overall product sales of the automotive segment have increased by 4.1% compared to the same quarter of the previous year. The Power Solutions business. which constitutes 72% of the overall automotive product sales, grew by 2.3% over the same quarter of previous financial year, driven majorly by passenger car segment due to continued consumer demand.

The Mobility Aftermarket business grew by 8.1% compared to the same quarter last year on account of increased market demand for new generation diesel components and strong performance in our core product categories.

The Beyond Mobility business recorded a 5.8% increase in net sales over the same quarter of the previous financial year, driven by continued growth in the Consumer Goods Product and Building Technologies segment.

“The optimistic growth in Indian economy with higher disposable incomes puts us in a sweet spot with the continued growth in demand for the auto sector. With sustained infrastructural investments, we are well positioned for growth in our Power Tools and Building Technologies businesses. Bosch will continue to strengthen its portfolio through localization and capitalize on the potential of alternate fuel technologies and electric vehicles to usher in a new era of mobility,” adds Mudlapur.

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ದೇಶಪ್ರೇಮ ರಾಜ್ಯಾಭಿಮಾನಗಳನ್ನು ಅಭಿವ್ಯಕ್ತಿಗೊಳಿಸಿರುವ  “ಆಲ್ಬಮ್ ವಿಡಿಯೋ ” ಉದ್ಘಾಟನೆ

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ಶತಮಾನಗಳಿಂದ ಈ ದೇಶದ ಪ್ರಜೆಗಳಾಗಿದ್ದರೂ ನಾಗರಿಕ ಮತ್ತು ಮಾನವ ಹಕ್ಕುಗಳು ಕೌಟುಂಬಿಕ, ಸಾಮಾಜಿಕ ಸ್ಥಾನಮಾನಗಳಿಂದ  ವಂಚಿತರಾಗಿ, ಅಭದ್ರತೆಯಿಂದ  ಅಸಡ್ಡೆಗೆ ಒಳಗಾಗಿರುವ ಲಿಂಗತ್ವ ಮತ್ತು ಲೈಂಗಿಕತೆ ಅಲ್ಪಸಂಖ್ಯಾತ ಸಮುದಾಯಕ್ಕೆ ನಮ್ಮ ದೇಶದ ಸಂವಿಧಾನ, ಕಾನೂನು ಮತ್ತು ನ್ಯಾಯ ವ್ಯವಸ್ಥೆಯು ನಾಗರಿಕ ಮತ್ತು ಮಾನವ ಹಕ್ಕುಗಳನ್ನು ಕೊಡ ಮಾಡಿ ದೇಶದ ಸಮಾನ ಪ್ರಜೆಗಳು ಎಂದು ಘೋಷಿಸಿವೆ.
ದೇಶಭಕ್ತಿ ರಾಜ್ಯಾಭಿಮಾನಗಳು ಗಂಡು ಹೆಣ್ಣುಗಳ ಸೊತ್ತಷ್ಟೇ ಅಲ್ಲದೆ ನಮ್ಮಲ್ಲಿಯೂ ರಾಷ್ಟ್ರಪ್ರೇಮ,ರಾಜ್ಯ ಭಕ್ತಿ ಅಣುವಣುವಿನಲ್ಲಿ ತುಂಬಿದೆ ಎಂದು ಸಾರಿ ಸಾರಿ ಹೇಳಲು 9ನೇ,ಆಗಸ್ಟ್ 2024 ರಂದು ದೇಶದ ಇತಿಹಾಸದಲ್ಲಿಯೇ ಪ್ರಪ್ರಥಮ ಬಾರಿಗೆ ಲಿಂಗತ್ವ ಮತ್ತು ಲೈಂಗಿಕತೆ ಅಲ್ಪಸಂಖ್ಯಾತ ಸಮುದಾಯದವರು ರಾಷ್ಟ್ರಗೀತೆ ಮತ್ತು ನಾಡಗೀತೆಯನ್ನು ತಮ್ಮ ನೈಜ ಧ್ವನಿಯಲ್ಲಿ ಹಾಡಿ ದೇಶವು ನಮ್ಮದು ರಾಜ್ಯವು ನಮ್ಮದು ಇಂದು ತಮ್ಮ ದೇಶಪ್ರೇಮ ರಾಜ್ಯಾಭಿಮಾನಗಳನ್ನು ಅಭಿವ್ಯಕ್ತಿಗೊಳಿಸಿರುವ  “ಆಲ್ಬಮ್ ವಿಡಿಯೋ ” ಉದ್ಘಾಟನೆ ಗೌರವಾನ್ವಿತ ಶ್ರೀಯುತ.ಶ್ರೀಮತಿ ಮಾರ್ಗರೆಟ್ ಆಳ್ವ ಘನತೆವೆತ್ತ ಮಾಜಿ ರಾಜ್ಯಪಾಲರು, ಬೆಂಗಳೂರು ಮತ್ತು  ಅನೇಕ ಸಾಂವಿಧಾನಿಕ ಸಂಸ್ಥೆಗಳ ರೂವಾರಿಗಳ ಘನ ಉಪಸ್ಥಿತಿಯಲ್ಲಿ  ಲೋಕಾರ್ಪಣೆ ಆಗಲಿದೆ.

ಹಾಗೆಯೇ  ನಮ್ಮ ಕರುನಾಡ ನೆಲೆಯ ಇತಿಹಾಸದಲ್ಲಿಯೇ ಮೊದಲ ಬಾರಿಗೆ ಲಿಂಗತ್ವ ಮತ್ತು ಲೈಂಗಿಕತೆ ಅಲ್ಪಸಂಖ್ಯಾತ ಸಮುದಾಯದವರಿಂದ ರಚನೆಗೊಂಡಿರುವ ಈ ಸಮುದಾಯದ ವಿಷಯ ವಸ್ತುವನ್ನೇ ಒಳಗೊಂಡಿರುವ 10 ಪುಸ್ತಕಗಳು ಒಂದೇ ವೇದಿಕೆಯಲ್ಲಿ ಬಿಡುಗಡೆಗೊಳ್ಳುತ್ತಿರುವುದು ಅದ್ಭುತ ಘಟ್ಟಕ್ಕೆ ಸಾಕ್ಷಿಭೂತವಾಗಲಿದೆ.

ನಮ್ಮ ಸಮುದಾಯದ ಹಿರಿಯರು, 55 ವರ್ಷಗಳಿಗೂ ಅಧಿಕ ವಯಸ್ಸಿನವರ ತಂಡ ಒಂದು ವಿನೂತನ ಮತ್ತು ವಿಶೇಷವಾದ “ತಲ್ಕಿ ” ಎಂಬ ನಾಟಕವನ್ನು ಪ್ರದರ್ಶಿಸುತ್ತಿದ್ದು, ಈ ಮೂಲಕ ತಮ್ಮ ಭಾವನೆಗಳು, ಹೋರಾಟ ಮತ್ತು ಅಭಿವ್ಯಕ್ತಿಗಳನ್ನು ನವರಸ ಭರಿತವಾಗಿ  ಹಂಚಿಕೊಳ್ಳಲಿದ್ದಾರೆ ಎಂದು ಅಕ್ಕೈ ಪದ್ಮಶಾಲಿ, ಚಾಂದಿನಿ, ಕ್ರಿಸ್ಟಿರಾಜ್ ಮತ್ತು ಉಮಾ ರವರುಗಳ ಉಪಸ್ಥಿತಿಯಲ್ಲಿ ಪ್ರೆಸ್ ಕ್ಲಬ್ ಆಫ್ ಬೆಂಗಳೂರ್ ನಲ್ಲಿ ನಡೆದ ಪತ್ರಿಕಾ ಗೋಷ್ಠಿಯಲ್ಲಿ ಪ್ರಕಟಿಸಲಾಯಿತು.

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Mahavir International Bangalore Center Proudly Presents Umang-2024

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Bangalore, 7th August 2024- Mahavir International Bangalore Center in association with Mahesh Hardware & Pipes Pvt. Ltd., Sha Ashok Kumarji, Mahendra Kumarji, Pritesh Kumarji, and Mahesh Kumarji Ranka Family (Gadh Siwana, Raj.), is proud to present “Umang-2024: The celebration of Independence Day. The event will take place at Town Hall, JC Road, Sampangi Rama Nagar, Bengaluru – 560 002, on Friday, 9th August 2024.

*Event Highlights:*

Tribute to national forces, The Parachute Regiment, Special Forces – *Patriotic Songs*: A special performance by Singer Hitesh Mehta & Team.

– *Kavi Sammelan*: Featuring renowned poets Vineet Chauhan and Sunil Vyas

The event will commence with a Pre-Sunset Dinner at 4.00 pm onwards, followed by a series of activities dedicated to celebrating the spirit of independence and unity.

This celebration is being organized by Mahavir International Bangalore Center, an affiliated center of the 50-year-old NGO established in Jaipur in 1975. The organization adheres to the principles of “Live and Let Live” and the motto “Love All and Serve All.”. Throughout the year, Mahavir International Bangalore Center engages in various social work activities, including food distribution, tree plantation, sanitary pad and baby kit distribution, health camps, and the construction of toilets in government schools.

*Event Purpose:*

The event, Umang-2024, is a tribute to our nation’s heroes, particularly the Army Special Forces (The Parachute Regiment), who will also be present. The celebration aims to honor the past, inspire future generations, and foster a spirit of unity among the community members.

*Chief Guests:*

– – *Mehandar Munoth* from Maruthi Medicals

*Rajendarji Gehlot*, MP Rajya Sabha

Live We invite everyone to join us in making this event a memorable evening. Your presence will significantly contribute to paying tribute to our brave soldiers and celebrating the unity and spirit of our nation said,Vira Bharathi Chajjed -Chairperson, Secretary-Vir Vijayraj Sisodiya and Treasurer-Vir Suresh Lakhania at the press meet held at Press Club of Bangalore.

For more information, please contact:
Mahavir International Bangalore Center:9844051641

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