Axis Mutual Fund launches Axis Nifty500 Low Volatility 50 Index Fund

*An open-ended scheme replicating/tracking Nifty500 Low Volatility 50 TRI, comprising 50 stocks that have historically exhibited relatively lower price volatility

Key highlights:

Type: An open-ended scheme replicating/tracking Nifty500 Low Volatility 50
Benchmark: Nifty500 Low Volatility 50 TRI
New Fund Offer Period: September 09, 2026 to September 22, 2026
Fund Managers: Nandik Mallik and Rohit Gautam
Minimum Application Amount: ₹100 and in multiples of ₹1 thereafter
Exit Load: If redeemed/switched out within 15 days from the date of allotment – 0.25%;
If redeemed/switched out after 15 days from the date of allotment – Nil

Axis Mutual Fund, one of India’s leading asset management companies, has announced the launch of the Axis Nifty500 Low Volatility 50 Index Fund, an open-ended index fund designed to track the performance of Nifty500 Low Volatility 50 TRI, subject to tracking error. The New Fund Offer (NFO) will open on September 09, 2026 and close on September 22, 2026. Essentially, the fund offers investors a passive, rules-based approach to investing in the equity market, through an index that is designed to identify stocks that have demonstrated relatively lower fluctuations in their prices.

Commenting on the launch, B. Gopkumar, MD & CEO, Axis AMC, said, “As participation in equity markets broadens, the conversation around risk is also evolving. For many investors, the challenge is having the conviction to stay invested when markets fluctuate. We believe investment solutions should increasingly recognise this behavioural dimension of investing. A strategy that can moderate the intensity of market movements can potentially make it easier for investors to remain focused on their long-term goals, rather than reacting to every phase of the market cycle. This is an important role that Low Volatility based passive strategies can play in a portfolio.”

He further added that, “Low volatility investing does not seek to outperform the market in every phase. Instead, it takes a more measured approach to equity exposure by focusing on stocks that have historically experienced lower price volatility. With the launch of this fund, the core objective is not to eliminate market volatility, but to participate in equity markets through a portfolio constructed around a risk reduction characteristic.”

Understanding the Nifty500 Low Volatility 50 Index

Historically, the Nifty500 Low Volatility 50 TRI has exhibited lower volatility than the Nifty 500 across multiple time periods. Over the 20-year period ended July 31, 2026, the index delivered a CAGR of 16.0%, compared with 13.0% for the Nifty 500 TRI, while annualised volatility was 15.6% versus 19.9% for the Nifty 500 TRI. The strategy has also demonstrated relatively lower drawdowns during major market corrections. The lower drawdown during these periods meant that the strategy started its subsequent recovery from a relatively higher base.

The Nifty500 Low Volatility 50 Index starts with constituents of the Nifty 500 Index and applies liquidity eligibility criteria before calculating a low volatility score based on historical price behaviour. The 50 stocks with the lowest volatility scores are selected for inclusion in the index. Stock weights are determined using the low volatility score and free-float market capitalisation, subject to prescribed caps. The index is rebalanced semi-annually in June and December.

Axis Nifty500 Low Volatility 50 Index Fund

The Axis Nifty500 Low Volatility 50 Index Fund is an open-ended index fund that seeks to replicate the performance of the Nifty500 Low Volatility 50 TRI, subject to tracking error. The fund provides exposure to a portfolio of 50 stocks selected from the Nifty 500 universe based on a transparent, rules-based methodology. The index is designed to include stocks that have exhibited relatively lower price volatility over time, while maintaining diversification across sectors and market capitalisations. The portfolio is reconstituted and rebalanced periodically (every 6 months) in line with the index methodology, enabling investors to gain access to a disciplined factor-based investment approach through a passive fund structure.

The fund combines the simplicity and transparency of passive investing with a rules-based low-volatility factor approach, making it a suitable option for investors seeking broad market participation through a portfolio of relatively stable companies. It can serve as a core allocation for investors looking for a disciplined, long-term equity solution or as a complement to existing market-cap-based index exposures. 

East Point Engineering Students Develop AI System To Detect Deepfake Videos

* Hybrid AI prototype analyses uploaded videos to identify manipulated and authentic content

As manipulated videos and synthetic media become increasingly difficult to distinguish from authentic content, students from the Department of Computer Science & Engineering at East Point College of Engineering & Technology (EPCET), Bengaluru, have developed a web-based AI-powered deepfake video detection system designed to help identify whether a video has been manipulated.

Developed by Adarsh R, Chandu Kumar G, K N Siddarth, and Likith Roshan H B under the guidance of Asst. Prof. Nithyananda C R, the project uses a hybrid AI approach combining a ResNeXt50 convolutional neural network (CNN) with an LSTM model to analyse facial patterns across multiple frames of a video.

The prototype is designed as a web application where users can upload a video and receive a detection result. According to the project brief, the system was developed with an interactive algorithm visualiser and was designed to extract meaningful features from video frames to distinguish manipulated content from authentic footage.

The project team reports that the system successfully identifies deepfake videos using the hybrid CNN-LSTM approach and provides a visualisation of the detection process. The work also highlights the growing role of AI in strengthening digital literacy and helping users assess the authenticity of increasingly sophisticated video content.

Speaking about the project, Rajiv Gowda, CEO, East Point Group of Institutions, said: “Deepfakes are no longer only a technology story; they are a trust story. What makes this project relevant is that our students are applying AI to a problem that ordinary users, businesses and institutions increasingly face - knowing whether what they see is real. Student innovation becomes meaningful when it addresses challenges that are already shaping society.”

The project brief identifies future enhancements including faster processing, support for additional video formats, improved accuracy, and support for videos containing multiple faces. The current work is presented as a functional prototype and should not be treated as a commercial or forensic-grade verification system.

About East Point Group of Institutions

Established in 1997 under the visionary leadership of Dr. S.M. Venkatpathi and under the auspices of the M.G. Charitable Trust, the East Point Group of Institutions (EPGI), Bengaluru, has emerged as a beacon of excellence in higher education. Today, it is one of Karnataka's leading multidisciplinary academic ecosystems comprising 12 premier institutions, with over 10,000 students pursuing programmes in Medicine, Engineering, Management, Commerce, Computer Applications, Pharmacy, Nursing, Physiotherapy, Allied Health Sciences, and other disciplines. Spread across a sprawling 100+ acre lush green campus, EPGI is supported by a state-of-the-art 1,200-bed Multi-Specialty Hospital within the Campus, providing an integrated environment for quality education, research, innovation, and healthcare.

ELCIA Tech Summit 2026 Returns With A Bold New Theme: Intellect, Insight & Impact

The most anticipated technology gathering in Electronics City is back. ELCIA Tech Summit 2026 (ETS), the flagship event of the Electronics City Industries Association (ELCIA), is set to return on 10th September 2026 at The Oterra, Electronics City, Bengaluru — bigger, bolder, and more expansive than ever before.

This year's theme, Intellect, Insight & Impact, sets the tone for a day that goes beyond panels and presentations — into the conversations, demonstrations, and connections that are shaping the future of technology for industries.

Building on the momentum of previous editions — which featured thought leaders including Kris Gopalakrishnan (Co-founder, Infosys), T. V. Mohandas Pai (Chairman, 3one4 Capital), and N. R. Narayana Murthy — ETS 2026 expands its canvas further, bringing together voices from across AI, robotics, manufacturing, healthcare, quantum computing, and the startup ecosystem.

What to Expect at ETS 2026

The summit will feature keynote addresses, expert panels, and deep-dive conversations spanning some of the most consequential technology themes of our time, reflecting the rising ambition of Electronics City as a global hub for GCCs.

The immersive Experience Zone offers live demonstrations and hands-on interactions with cutting-edge technology from India's most promising innovators. The evening will also witness Bangalore Paradigm — an exclusive gathering of industry leaders that has become one of the most talked-about segments of the summit.

The summit will also recognize winners of the ETS Hackathon, celebrating the next generation of builders tackling real-world challenges in smart city applications.

"ETS has grown into something truly special — a platform where the biggest ideas in technology find their audience. This year, we are taking that to a whole new level, and I cannot wait for the world to see what Electronics City has put together," said Nandini B, Chairperson, ELCIA.

"Electronics City is home to some of the most remarkable companies and minds in the world, and ETS is our way of celebrating that. With each edition, we have seen the energy, the conversations, and the ambition in this room grow — and ETS 2026 is set to be our biggest and boldest yet," said Dr. Veerappan, Chairman, ELCITA.

Located in the heart of Electronics City — home to over 200 companies across aerospace, defence, electronics, and IT. ETS is a reflection of ELCIA's vision to make Electronics City a global model for innovation-led industrial growth.

Registrations are now open. Visit https://elciatechsummit.in/ to secure your seat at ETS 2026 where intellect meets insight, and insight drives impact. Delegate passes are also available at https://in.bookmyshow.com/events/elcia-tech-summit-2026/ET00513398 at a nominal price of INR 1999 and student passes are available at a discounted price.

About ELCIA

Electronics City Industries Association (ELCIA) is an industry body representing companies operating in Electronics City, Bengaluru — one of India’s largest electronics and technology manufacturing clusters. Established to promote industrial growth and collaborative development, ELCIA works closely with government, industry, startups, and academia to strengthen infrastructure, policy advocacy, and ecosystem enablement. The association plays a pivotal role in advancing electronics manufacturing, semiconductor innovation, skill development, and deep-tech capabilities. Through initiatives such as centres of excellence, tech hubs, and industry-led programs, ELCIA is committed to fostering indigenous innovation, enhancing global competitiveness, and building long-term institutional capacity within India’s electronics ecosystem.

Coke Studio Bharat Reimagines Marwari Folk With 'Hivde Ro Haar'

Coke Studio Bharat returns with the fifth release of Season 4, bringing back Mame Khan, the voice behind Chaudhary, alongside producer Vaibhav Pani and singer Mohammad Faiz for Hivde Ro Haar, a contemporary reimagining of Marwari folk. Set against Rajasthan's rich folk tradition, the song captures its intimate, honest quality through a woman's expression of love and longing, where personal feeling meets the weight of social judgement.

The lyrics centre on the woman's desire to spend her life with the one she loves, insisting that there is no room for doubt in what they share. As she waits for him through the night, the recurring image of her hivde ro haar, the necklace of her heart, breaking becomes a poignant expression of her distress. These emotions come through in the earthy sounds of the Khartaal, Ravanhatta and Morchang, alongside the swing and bass of UK Garage, giving the folk elements a new rhythmic setting without losing their character. A standout moment comes in the Jugalbandi between the Khartaal and Ravanhatta after the antra, playing out like a conversation between two voices.

Shantanu Gangane, IMX (Integrated Marketing Experience) Lead, Coca-Cola India and Southwest Asia, said, "At Coke Studio Bharat, we believe India's most powerful stories emerge from its communities, shaped by culture, memory and lived experience. Rajasthan's folk traditions carry a rare emotional honesty, and with Hivde Ro Haar, we wanted to preserve that simplicity while giving the song a new musical setting. Mohammad Faiz, Mame Khan and Vaibhav Pani bring real depth to this storytelling, allowing the emotion and character of the tradition to come through in a sound that is contemporary. It reflects what Coke Studio Bharat has always stood for: celebrating India's cultural diversity while creating relevance across generations."

Mame Khan said, "It feels good to return to Coke Studio Bharat after Chaudhary, a song that has stayed with listeners for so many years. I still meet people who remember it and tell me what it means to them, and that is something very special for an artist. Coming back with Hivde Ro Haar feels meaningful because it is again rooted in the music of Rajasthan, but the feeling is very different. I am grateful to Coke Studio Bharat for giving artists like us the freedom to bring our music to a wider audience, while allowing us to stay true to where it comes from

Mohammad Faiz said, "Hivde Ro Haar feels very close to me because it comes from Rajasthan and carries a feeling that is deeply familiar. There is a simplicity and honesty to the way it speaks about love. I am grateful to Coke Studio Bharat for taking this part of our musical culture to listeners across the country."

Vaibhav Pani said, “Hivde Ro Haar is my way of exploring the warmth, colours and flavours of Rajasthan, a culture I wasn’t raised in but have always been drawn to. The Khartaal, Ravanhatta and Morchang have so much character, so I wanted them to lead the track while bringing in UK Garage, House, Future Bass, Rock, Hip Hop and Indian Classical. I wanted the song to feel playful and mischievous, constantly evolving and taking the listener on a journey.”

With Hivde Ro Haar, Coke Studio Bharat adds to a season that is showing the scale and resonance regional music can find when its cultural identity remains at the centre. Ae Ajnabee has crossed 26 million YouTube views, Bulleya Ve has surpassed 18 million, Kachaudi Gali has crossed 15 million and Hoor has garnered over 1.7 million views. The numbers speak to more than reach; they reflect audiences connecting with stories, languages and sounds that are deeply rooted in where they come from, yet capable of travelling far beyond it. That is the space Coke Studio Bharat continues to create: where India's many musical traditions can remain distinctly their own while finding new voices, new listeners and new life.  

Axis Bank And Scapia Launch Co-Branded Credit Card For India's New Generation Of Travellers

Photo Caption: (L-R) Vinit Bajaj - Acquiring & Cards, Axis Bank; Gautam Aggarwal, President, India & South Asia, Mastercard; Anil Goteti, Founder and CEO, Scapia; Sohini Rajola, Executive Director Growth, NPCI; Arnika Dixit, Group Head – Cards, Payments and Wealth Management, Axis Bank.

Zero forex markup on international transactions

Airport privileges for a seamless travel experience

Dual-network flexibility through a single application process

No joining or annual fee

Designed for digitally native, travel-first consumers

Up to 20% rewards on eligible travel bookings on the Scapia App

Up to 10% rewards on eligible everyday spends beyond the Scapia App

Axis Bank, one of the largest private sector banks in India, and Scapia, India's leading travel fintech, today unveiled the Scapia Axis Bank Credit Card, designed for India’s new generation of travellers who see every spend as a step towards their next journey. The card brings payments, rewards and travel together on one connected app - letting customers manage and track spends, book travel and redeem rewards, all through Scapia. Every eligible spend and UPI transaction earns rewards, which are redeemable across flights, stays, experiences, shopping and more. Available on both Mastercard and RuPay networks, the card delivers a seamless digital experience from tap to takeoff for all spends.

The partnership brings together Axis Bank's leadership in cards and payments and Scapia's travel-first platform to create a differentiated proposition for digitally savvy travellers. The collaboration is designed to seamlessly integrate payments, rewards and travel, delivering an experience that is more intuitive, relevant and rewarding.

Arnika Dixit, Group Head – Cards, Payments and Wealth Management, Axis Bank, said, “Our partnership with Scapia reflects a shared focus on building products that are simple, digital-first, and closely aligned with how customers experience travel today. By combining our capabilities in payments with Scapia’s travel ecosystem, we aim to create a more connected experience that goes beyond traditional co-branded offerings and delivers meaningful value across the customer journey. This collaboration is centred around making travel more intuitive and seamless for customers, with solutions that are better integrated into how they discover, plan, and experience their journeys—enabling greater convenience, flexibility, and value at every step.

Anil Goteti, Founder and CEO, Scapia, said, "We are excited to partner with Axis Bank - this is a new chapter for us. Young Indians are travelling more than ever before, and we built Scapia to give them a financial product that matches that ambition. One app where they can spend, book their trips, shop for travel and earn rewards, all designed around the traveller. Our users have already taken Scapia to over 175 countries, and together with Axis Bank, we can now bring this to more Indians across the country."

Cardholders can earn up to 10% rewards on eligible everyday spends and upto 20% rewards in the form of Scapia Coins on eligible travel bookings redeemable across flights, stays, visas, experiences, and more on the Scapia platform. Beyond rewards, the Scapia app enables customers to discover, plan and book their trips, while its curated travel store brings together the brands and products travellers love, all in one place.

For international travellers, the card offers zero forex markup and Smart Forex capability that provide greater visibility and control on overseas spends. Cardholders can also enjoy a range of airport privileges across lounges, dining and premium retail. Complementing these benefits are fully digital onboarding and card management through the Scapia app..

Gautam Aggarwal, President, India & South Asia, Mastercard, said, “Travel has become one of the most vibrant segments of India’s consumer economy, fuelled by rising aspirations, greater mobility, and stronger global connectivity. As travellers increasingly seek payment experiences that are seamless, secure, and globally accepted, collaborations such as this one become critical. Together with Axis Bank and Scapia, we are enabling a smarter travel payments experience that delivers greater convenience and confidence, helping consumers transact effortlessly wherever their journeys take them.”

Sohini Rajola, Executive Director Growth, NPCI said, "RuPay has played a key role in driving the adoption of digital payments across India by making transactions simple, convenient, and accessible for consumers. Today, cardholders can link their RuPay Credit Card to their preferred UPI app and make seamless payments by simply scanning UPI QR codes across millions of merchants across the country. This partnership builds on that convenience by combining premium travel benefits with the reliability and widespread acceptance of the RuPay network, making travel rewards and experiences more accessible to a wider set of consumers.”

The collaboration reflects a shared belief that the future of financial services lies in seamlessly embedding payments into the experiences customers value most. For Axis Bank, the partnership strengthens its co-branded cards strategy and deepens its presence in high-growth travel and digital-first segments. For Scapia, it marks its third banking collaboration and a significant milestone in expanding its platform to a wider base of Indian travellers.

Onboarding for the Scapia Axis Bank Credit Card begins September 3rd onwards.

About Axis Bank:

Axis Bank is one of the largest private sector banks in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture, and Retail Businesses. It has 6,295 domestic branches (including extension counters) and 12,564 ATMs and cash recyclers spread across the country as on 30th June 2026. The Bank’s Axis Virtual Centre is present across eight centres with 1,700 Virtual Relationship Managers as on 30th June 2026. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge, Axis Pension Fund and Axis Bank Foundation.

For more information, visit the website: https://www.axis.bank.in

About Scapia:

Scapia is a travel fintech company driven by the belief that travel enriches both individuals and the world around them. With a commitment to delivering delightful and rewarding experiences at every step, Scapia offers an integrated platform that brings together travel services and financial products. In partnership with leading banks, Scapia offers co-branded credit cards with Federal Bank, BOBCARD and Axis Bank, enabling users to earn travel rewards seamlessly across their spending. Through the Scapia app, customers can use these rewards to book flights, stays and other travel services, while also shopping for products that complement their travel and lifestyle needs. Scapia co-branded credit cards today serve users across 17,500+ pincodes in India and are accepted by millions of merchants in over 150 countries worldwide. Scapia is backed by leading investors including General Catalyst, Peak XV Partners, Elevation Capital and Z47. 

Asset Reconstruction Company (India) Limited’s Initial Public Offering To Open On Wednesday, September 09, 2026

● Price Band fixed at ₹ 132 per equity share of face value ₹10 each to ₹139 per equity share of the face value of ₹10 each (“Equity Shares”) of Asset Reconstruction Company (India) Limited (the “Company”)

● Anchor Investor Bidding Date – Tuesday, September 08, 2026

● Bid /Offer Opening Date – Wednesday, September 09, 2026, and Bid/ Offer Closing Date – Friday, September 11, 2026

● Bids can be made for a minimum of 107 Equity Shares of face value Rs 10 each and in multiples of 107 Equity Shares thereafter

● Red Herring Prospectus (“RHP”) link: www.arcil.co.in

Asset Reconstruction Company (India) Limited (the “Company”) proposes to open the initial public offering (“Offer”) of its equity shares of face value ₹10 each (“Equity Shares”) on Wednesday, September 09, 2026. The Anchor Investor Bidding Date is a Working Day prior to Bid/Offer Opening Date, being Tuesday, September 08, 2026. The Bid/Offer Closing Date is Friday, September 11, 2026.

The Price Band of the Offer has been fixed from ₹ 132 per Equity Share of face value ₹ 10 each to ₹139 per Equity Share of face value of ₹ 10 each. Bids can be made for a minimum of 107 Equity Shares of face value ₹ 10 each and multiples of 107 Equity Shares of face value ₹ 10 each thereafter.

The Offer comprises an offer for sale of up to 5,27,31,946 Equity Shares of face value ₹10 each by certain existing shareholders including up to 24,823,910 Equity Shares of face value of ₹10 each by Avenue India Resurgence Pte. Ltd., up to 10,963,062 Equity Shares of face value of ₹10 each by State Bank of India (together with Avenue India Resurgence Pte. Ltd. the “Promoter Selling Shareholders”), up to 16,244,858 Equity Shares of face value of ₹10 each by Lathe Investment Pte. Ltd. (the “Investor Selling Shareholder”) and up to 700,116 Equity Shares of face value of ₹10 each by The Federal Bank Limited (the “Other Selling Shareholder”, together with the Promoter Selling Shareholders and Investor Selling Shareholder, the “Selling Shareholders”).

The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (the “SCRR”), read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made in accordance with Regulation 6(1) of the SEBI ICDR Regulations, through the Book Building Process wherein not more than 50% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (such portion referred to as “QIB Portion”), provided that our Company in consultation with the BRLMs, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations (the “Anchor Investor Portion”), of which up to 40% of the Anchor Investor Portion shall be reserved in the following manner: (i) 33.33% shall be reserved for allocation to domestic Mutual Funds, and (ii) up to 6.67% shall be reserved for life insurance companies and pension funds, subject to valid Bids being received from domestic Mutual Funds, life insurance companies and pension funds respectively at or above the price at which allocation is made to Anchor Investors (“Anchor Investor Allocation Price”), in accordance with the SEBI ICDR Regulations. In the event of under-subscription in (ii) above, the allocation may be made to domestic Mutual Funds. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (excluding the Anchor Investor Portion) (the “Net QIB Portion”).

Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to all QIBs.

Further, not less than 15% of the Offer shall be available for allocation on a proportionate basis to Non-Institutional Investors out of which (a) one-third of such portion shall be reserved for applicants with application size of more than ₹0.20 million and up to ₹1.00 million; and (b) two third of such portion shall be reserved for applicants with application size of more than ₹1.00 million, provided that the unsubscribed portion in either of such sub-categories may be allocated to applicants in the other sub-category of Non-Institutional Investors and not less than 35% of the Offer shall be available for allocation to Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price. All potential Bidders (except Anchor Investors) are required to mandatorily use the Application Supported by Blocked Amount (“ASBA”) process providing details of their respective ASBA accounts, and UPI ID in case of UPI Bidders, if applicable, in which the corresponding Bid Amounts will be blocked by the SCSBs or by the Sponsor Bank(s) under the UPI Mechanism, as applicable, to the extent of the respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process.

The Equity Shares are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”). For the Offer, NSE shall be the Designated Stock Exchange.

IIFL Capital Services Limited (formerly known as IIFL Securities Limited), IDBI Capital Markets & Securities Limited and JM Financial Limited are the Book Running Lead Managers.

Disclaimer:

Disclaimer Clause of the Securities and Exchange Board of India (“SEBI”): SEBI only gives its observations on the Offer documents and this does not constitute approval either of the Offer or the specified securities stated in the Offer Documents. The investors are advised to refer to page 455 of the RHP for the full text of the disclaimer clause of SEBI.

Disclaimer Clause of NSE (Designated Stock Exchange): It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the RHP. The investors are advised to refer to page 457 of the RHP for the full text of the disclaimer clause of NSE.

Disclaimer Clause of BSE: It is to be distinctly understood that the permission given by BSE should not in any way be deemed or construed that the RHP has been cleared or approved by BSE nor does it certify the correctness or completeness of any of the contents of the RHP. The investors are advised to refer to page 457 of the RHP for the full text of the disclaimer clause of BSE.

Investments in equity and equity-related securities involve a degree of risk and investors should not invest any funds in this Offer unless they can afford to take the risk of losing their entire investment. Investors are advised to read the risk factors carefully before taking an investment decision in this Offer. For taking an investment decision, investors must rely on their own examination of the Company and the Offer, including the risks involved. The Equity Shares of face value of ₹10 each in the Offer have not been recommended or approved by SEBI, nor does SEBI guarantee the accuracy or adequacy of the contents of the Red Herring Prospectus. Specific attention of the investors is invited to "Risk Factors" on page 24 of the RHP. 

Fortis Hospital Nagarbhavi Successfully Treats 47-Year-Old Woman From Tumkur In Karnataka

* Suffering From Seven Years Of Debilitating Pain Caused By Rare Brain Condition

* Complex skull-base surgery relieves pressure at the base of the brain, offering significant relief to the 47-year-old patient after her condition was considered too complex for surgery at multiple hospitals –

Doctors at Fortis Hospital, Nagarbhavi, successfully treated a 47-year-old woman from Tumkur suffering from a rare, progressive neurological condition known as Chiari Malformation Type I with Syringomyelia. The patient had been experiencing severe neurological symptoms for nearly seven years and had consulted multiple hospitals, where surgery was considered high-risk due to the condition’s proximity to the brainstem and critical blood vessels. The Fortis neurosurgery team led by Dr. Vikram TP, Consultant – Neurosurgery, Fortis Hospital, Nagarbhavi, successfully performed the complex skull-base surgery, providing significant relief from her symptoms.

For nearly seven years, the patient had been experiencing severe neck pain, cough-induced headaches, pain and numbness in her upper limbs, burning sensations, and difficulty in walking, which progressively affected her daily activities and quality of life. A detailed evaluation at Fortis Hospital Nagarbhavi confirmed that the patient had Chiari Malformation Type I with Syringomyelia, a condition in which structural defects force the lower portion of the brain stem to extend past the base of the skull into the spinal canal. This displacement obstructs the normal flow of cerebrospinal fluid (CSF), creating a fluid-filled cavity (syrinx) within the spinal cord. Over time, the condition threatens permanent neurological impairment. Due to the high-risk location near the brain stem and critical blood vessels, several medical centers previously deemed her surgery too complex to perform.

Following a comprehensive assessment, the team of doctors recommended immediate surgical intervention. The doctors performed Foramen Magnum Decompression with Duraplasty, a complex procedure that creates additional space at the base of the skull to relieve pressure and helps restore the normal flow of cerebrospinal fluid. The procedure was successfully completed in three hours. Following the surgery, the patient experienced significant relief from her symptoms and recovered well. She was discharged after 3 days in a stable condition.

Giving details of the case, Dr. Vikram TP, Consultant, Neurosurgery, Fortis Hospital, Nagarbhavi, said, “Chiari Malformation often goes misdiagnosed for years because its symptoms mimic common spine disorders. Prolonged compression at the skull base can result in irreversible neurological damage if left untreated. Microsurgery in this region is particularly challenging due to its close proximity to the brain stem and major blood vessels. Timely decompression allowed us to safely restore normal flow of the cerebrospinal fluid, and relieve her symptoms while minimizing the risk of long-term neurological damage.”

Expressing her relief, the patient said, “For several years, constant pain and discomfort affected every aspect of my life. Being turned away by multiple hospitals left me with little hope. The team of doctors at Fortis explained the procedure clearly, gave me the courage to move forward, and gave me back my life. Walking without pain and being free from severe headaches feels like a miracle.”

Mr. Ratheef Naik, Facility Director, Fortis Hospital Nagarbhavi said, “The successful management of this highly complex neurosurgical case reflects the clinical expertise and advanced surgical capabilities available at Fortis Nagarbhavi. Rare conditions involving the base of the skull demand careful evaluation, precise surgical intervention and coordinated perioperative care. We remain committed to providing comprehensive neurological care and delivering positive outcomes for patients with complex and challenging conditions.”