FINANCE TODAY

MOS Utility Ltd. (NSE: MOS), through its subsidiary MOS LOG Connect Private Limited, is pleased to announce the formalization of a service agreement with Spacemantra Solutions Private Limited, a subsidiary of Rhiti Sports Group. Rhiti Sports, a leading name in innovation-driven initiatives, has announced a strategic partnership with MOS Utility Ltd, a fast-growing FinTech company listed in 2023, to redefine India’s lotto industry. This agreement aims to drive the marketing and sale of online lotto tickets across India. Under this agreement, MOS LOG Connect will act as a master marketing agent for the sale of online lotto tickets, leveraging its extensive distribution network and advanced technology platform to deliver seamless, secure, and accessible services. Under this initiative, MOS Utility Ltd and Rhiti Sports will empower agents nationwide to facilitate the sale of online lotto tickets. The project aligns with the “Digital India” vision, promoting transparency and creating job op...

by Samiksha chogule  Mumbai, 11th January 2025 : Notandas Realty proudly commences a new era in luxury commercial real estate with the auspicious Bhumi Pujan ceremony of Notan Edge, an architectural marvel set to redefine Juhu’s business landscape. Designed with innovation and sustainability at its core, Notan Edge will offer a premium blend of state-of-the-art infrastructure, eco-friendly features, and modern amenities, catering to businesses that seek excellence in a prime location. This ceremony marks the commencement of the construction phase of the project, signifying a significant milestone for Notandas Realty. Positioned advantageously in Juhu, Notan Edge is poised to transform the landscape of commercial real estate through its cutting-edge design, advanced mechanical parking system accommodating 200 vehicles, and sustainable infrastructure. The development integrates environmentally friendly elements, including double-glazed windows, which are designed to minimize carbon f...

Gujarat Toolroom Ltd. (GTL) has announced a proposal for a 5:1 bonus share issue, which will be considered by its Board of Directors on January 6, 2025. This means shareholders will receive five additional equity shares for every one share held. The bonus shares will be issued by capitalizing the company’s securities premium account, subject to the approval of shareholders. This strategic move demonstrates Gujarat Toolroom’s commitment to rewarding its investors while simultaneously enhancing liquidity in its stock, making it more accessible to a broader range of investors. Gujarat Toolroom Ltd. (GTL)’s recent Qualified Institutional Placement (QIP) raised ₹95.66 Crores, allotting stake to prestigious players such as Bridge India Fund, Eminence Global Fund, and Multitude Growth Funds Limited, among others. This strong backing from institutional investors highlights their confidence in Gujarat Toolroom’s strategic direction, operational capabilities, and growth potential. Earlier the co...