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Pioneer Embroideries Limited Announces Key Financial and Operational Developments

Pioneer Embroideries Limited convened its Board of Directors to discuss and approve several significant matters pertaining to the company's financial health and strategic direction. The meeting, held at the company's headquarters in Goregaon (West), Mumbai, resulted in the announcement of several key resolutions and financial disclosures. Here’s a detailed overview of the proceedings and outcomes.

Financial Results and Statements - In compliance with SEBI's Listing Obligation and Disclosure Requirements Regulations, 2015, the Board approved the audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2024. The key highlights include:

Total Income: The company reported a total income of ₹9,693.89 lakhs for Q4, a significant increase from ₹8,588.97 lakhs in the previous quarter.

Profit Before Tax: The profit before tax stood at ₹284.21 lakhs, reflecting a slight increase from the preceding quarter’s ₹7.96 lakhs.

Net Profit: The net profit for the period was ₹267.92 lakhs, showcasing the company’s robust financial health.

The detailed financial results, including the statement of assets and liabilities, and the statement of cash flows, were enclosed as annexures to the official communication.

Auditor's Report and Certification - The Board also reviewed and approved the Auditor's Report on the audited standalone and consolidated financial results. The auditors provided an unmodified opinion, indicating that the financial statements present a true and fair view of the company's financial position. The certificate of unmodified opinion was included in the disclosures.

Annual General Meeting (AGM) - The 32nd Annual General Meeting (AGM) of Pioneer Embroideries Limited is scheduled for Tuesday, August 6, 2024. This year, the AGM will be conducted through videoconferencing or other audio-visual means, allowing broader participation from shareholders.

Closure of Register of Members - To facilitate the AGM, the Register of Members and the Share Transfer Register will be closed from Wednesday, July 31, 2024, to Tuesday, August 6, 2024. This period will be crucial for updating shareholder information and ensuring smooth proceedings during the AGM.

Operational Updates - The company has expanded its manufacturing capacities at two key locations:

Shree Ganesh Integrated Textile Park, Dhule, Maharashtra: The new embroidery and lace production plant commenced operations in August 2023.

Himachal Pradesh Plant: Specializing in Polyester Filament Yarn, this facility became operational in June 2023.

These expansions are aimed at enhancing production capabilities, although the full potential is yet to be realized due to challenging market conditions.

Equity Shares Issuance - On February 8, 2024, Pioneer Embroideries Limited issued 2,500,000 equity shares at a face value of ₹10 each, with a premium of ₹33 per share. This issuance was part of a strategic move involving share warrants issued to promoters in September 2023, reflecting the company's efforts to strengthen its capital base.

Future Outlook - The Board remains optimistic about the company’s future, despite the challenging business environment. The expansions in production capacities and the strategic financial moves are expected to position Pioneer Embroideries Limited for sustained growth.

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Dr. Priti Nandanwar is a highly skilled & experienced Cosmetic Gynecologist, Obstetrician & gynecologist in Kurla, Mumbai. At Womens Healthcare Clinic she offers services like cosmetic gynecology procedures, vaginal rejuvenation, labiaplasty, Hifu treatment, laparoscopy & hysteroscopy surgery, normal delivery, PCOS care, cesarean section, cervical cancer vaccination, Adolescent health, Painless delivery Cancer screening. We use the latest technology & techniques to ensure optimal results. She is the best gynecologist in Chembur & Kurla, Mumbai, committed to providing personalized care & ensuring her patients feel comfortable & informed throughout the treatment journey. Contact Women's Healthcare Clinic to book an appointment with Dr Priti

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pritiathome@gmail.com

086928 13037

Shop Number.2 Building Number.50 Shree Ganesh Prasad CHS, next to ICICI ATM Near Abhudaya bank Nehru Nagar, Kurla, Mumbai, Maharashtra, 400024

Tuesday 11 am–2 pm 6–9 pm

Wednesday 11 am–2 pm 6–9 pm

Thursday 11 am–2 pm 6–9 pm

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Saturday 11 am–2 pm 6–9 pm

Sunday Closed

Monday 11 am–2 pm 6–9 pm

"Dr. Priti Nandanwar is a highly skilled & experienced Obstetrician & gynecologist, cosmetic gynecologist in Kurla, Mumbai. At Womens Healthcare Clinic she offers services like cosmetic gynecology procedures, vaginal rejuvenation, labiaplasty, Hifu treatment, laparoscopy & hysteroscopy surgery, normal delivery, PCOS care, cesarean section, cervical cancer vaccination, Adolescent health, Painless delivery Cancer screening. We use the latest technology & techniques to ensure optimal results.

She is the best gynecologist in Kurla, Mumbai, committed to providing personalized care & ensuring her patients feel comfortable & informed throughout the treatment journey.

Contact Women's Healthcare Clinic to book an appointment with Dr. Priti Nandanwar"

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11 Effective Astrology Tips For Success and Growth in Career and Business

Are you worried about your career? Facing obstacles in your current job or not getting a promotion?

Struggling at the workplace? Why does your professional and career growth seem a little slow?

A successful professional life is quite important for everyone. Everyone works hard to achieve success, they work day and night for good results. Whether you are competitive or non-competitive, you expect growth and rewards in your career and business. Astrology can be used for several different reasons, but it can also be used to make your career growth more successful. There’s nothing wrong with going the extra mile to help set yourself up for success.

In this blog we will discuss about astrology remedies for success and growth. Below are some effective astrological tips or advice that would help you grow professionally in your life:

1. Look at your palm every morning

It is believed that as soon as you wake up in the morning, you should look at both palms. According to astrology, Lord Vishnu, Goddess Lakshmi, and Goddess Saraswati reside on our palms. So, glancing at the palm every day refers to worshiping all three deities at once and receiving a blessing for a prosperous and successful career.

2. Offer water to Surya Dev or Lord Sun

Every morning one must offer water to lord Sun from a copper vessel and add jaggery to it. It must be done within one hour of sunrise. Lord Surya bestows us with knowledge, and energy and helps to eliminate any problems in professional life. It is an effective remedy for growth in career and job.

3. Chanting Lord Ganesh Beej Mantra

Lord Ganesh is also known as Vighna Harta (the one who eliminates obstacles) thus chanting Lord Ganesh Beej Mantra will help to remove all the obstacles in getting a job or your professional life and bring growth and success. It also helps to bring stability to professional life.

4. Feeding crows boiled rice

Crows are vehicles of planet Saturn (Lord Shani) and feeding boiled rice to crows on Saturday will bestow you with the blessings of Saturn. According to astrology, Saturn rules the aspect of career and profession, this will help you to grow on the professional front and eliminate all the obstructions.

5. Feeding fish flour balls or aata

It may also be effective to feed wheat flour balls or aata to fish in the morning or evening. If you are waiting for a promotion or a raise in salary, it can be an effective solution. According to astrology,  it is believed that fishes protect you from troubles. You can also have an aquarium at home and feed the fish.

6. Turmeric for growth

If you are not getting success in professional life after putting in all the effort, add a small amount of turmeric to your bathing water. Yellow color is associated with the planet Jupiter and it brings growth and fortune. This effective remedy will help you to attain success and growth. You can also apply turmeric tilak.

7. Visit the temple and chant Laxmi Narayan Mantra

For success in your career, visit a temple on five Thursdays and donate yellow-colored sweets or mithai to Brahmins. At the same time, worship Lord Laxmi Narayan and chant his mantra. It will eliminate negative energies and bestow you success in your job and business.

8. Vyapar Vriddhi Yantra and Shree Yantra in office

If you are facing obstacles in business growth even after all the efforts, then you must have Vyapar Vriddhi Yantra and Shree Yantra at your workplace and worship them daily. Vyapar Vridhi Yantra will help you to reach new heights and profits and Shree Yantra will bring success, wealth, and prosperity to business. It may be an effective astrology remedies for success.

9. Navgraha Shanti Pooja 

If you are facing obstruction or your promotion is stuck, you must visit the temple and perform Navgraha Shanti Pooja from an experienced pandit ji. It helps to eliminate the malefic effects of multiple planets. This pooja may bring success, wealth, and prosperity.

10. Pure donation

You must also donate to the poor and needy without any expectations and returns (pure donation). It helps to build a good karmic effect and eliminates negative energy and obstruction from life.

11. Be positive

The most important thing is to not panic and fear. You must stay positive and keep working towards your goal. Every new day brings new opportunities, and you must capitalize on them and hope for the best. You will achieve more success, growth, and prosperity than you have imagined.

You can also connect with Best Certified Astrologers Online in Mumbai for personalized astrology tips and remedies that help you grow in your career as well as guide you better in achieving the set goals.

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Custom Boxes Market Research Report  - Global Forecast till 2022-2032

The custom boxes market size is supposed to develop at a 4.4% CAGR from US$ 46.3 billion USD in 2022 to US$ 71 billion USD by 2032.

The outwardly engaging, exceptionally productive bundling might tempt shoppers, has a basic impact in buying choices, and is fundamental for heightening custom boxes market key patterns and open doors.

The custom boxes market development, alongside custom boxes market future patterns, is expecting producers to make more shifted products usable in various ventures.

The accessibility of various options has created an out of this world interest for custom boxes, with buyers picking custom boxes to guarantee total fulfillment might help the custom boxes market open doors.

Because of the pandemic emergency, the B2B and B2C organizations in the custom boxes market have seen an expansion sought after for custom boxes as well as deals of custom boxes. Clinical merchandise, as well as family things, have helped deals of custom boxes and interest for custom boxes.

Regulations and standards for social distancing have led to an increase in online delivery. The "work from home" working style has resulted in an increase in electronic product consumption, which has fueled the custom boxes market growth and custom boxes market adoption trends.

The severity and duration of the pandemic condition may determine the custom boxes market growth and custom boxes market key trends & opportunities.

Several growing custom boxes market, like India, China, and Japan, are opening their custom boxes market to other countries for commercial purposes.

The customers' understanding of purchasing sustainable bio-degradable custom boxes is growing by the day, and this phenomenon is drawing many investors, which results in the escalation of the adoption of custom boxes.

The increased need for import-export activities is likely to drive the custom boxes market growth and custom boxes market trends and forecast.

KEY TAKEAWAYS:

The custom boxes market's cosmetic box packaging segment from the packaging category is predicted to develop at a CAGR of 2.8% through 2032.

Based on end-user, custom boxes market’s food and beverages segment contributed a noteworthy custom boxes market share.

Europe had a sizable custom boxes market share of the custom boxes market.

COMPETITIVE LANDSCAPE:

New market research report on custom boxes says that Unique Custom Boxes, Custom Boxes Market, Packman Packaging, Bolt Boxes, Blue box, Custom Box Makers, Packlane, Inc., PackMojo Limited, Shree Ganesh Packaging, VSL Packaging are among the legacy players vendors.

The research offers a comprehensive competition analysis of these top competitors in the custom boxes market, including custom boxes market growth, custom boxes market share, custom boxes market adoption trends and important market strategies.

Recent Development in the custom boxes:

New Launches:

Fantastapack, a web-to-print custom boxes firm located in the United States, may launch a new line of corrugated insert boxes in April 2021. Fantastapack says that by using digital print and converting, it provides customers a competitive edge by providing them with access to new packaging options before the rest of the market.

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Packhelp secured $45.6 million in investment in November 2021 to expand its custom boxes business. Packhelp has grown a custom boxes market that helps even the tiniest businesses wrap their products in eye-catching custom boxes, while also counting H&M and Uber Eats as customers, owing to the rise of e-commerce and on-demand delivery.

Acquisition:

C-P Flexible Packaging, located in the United States, paid an undisclosed price in August 2021 to purchase Fruth Custom Packaging and its subsidiary, Cleanroom Film and Bag (CFB). C-P may benefit from the acquisitions by expanding its West Coast footprint and packaging capabilities for medical devices, biopharmaceuticals, electronics, and semiconductors.

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