Author: Sutun Nayak

  • KBC Global Ltd finalized April 4th as record date for 1:1 Bonus Issue

    KBC Global Ltd finalized April 4th as record date for 1:1 Bonus Issue

    Nashik (Maharashtra) [India], April 3:  The Board of Directors of Nashik-based KBC Global Ltd, BSE – 541161, engaged in the business of construction and real estate development, in the meeting held on March 28, has fixed April 4th as the record date to determine eligible shareholders entitled to receive bonus shares. Company on 15 February has approved Bonus issue in the ratio of 1:1 (one bonus equity share for every one fully paid equity share of Rs. 1 each) and was later approved in the extra ordinary general meeting on 27 March.

    Highlights:

    • The order book of the company is over Rs. 260 crore. Market capitalisation stands at Rs. 266 crore.
    • The Patanjali Food & Herbal Park, Falcone Peak Fund, among others, to invest up to Rs. 99.50 crore in KBC Global Ltd through preferential warrants
    • The company board approved issue of 45.23 crore convertible warrants on a preferential basis at Rs. 2.20 per share; Proceeds will be utilised for the repayment of debt
    • KBC International Ltd, Ghana, recently signed an MOU with the Liberia SEZ Authority for $12.5 Million residential, commercial, and low-cost housing projects
    • In June 2024, KBC Global Ltd’s subsidiary, Karda International Infrastructure Ltd, secured a $20 million subcontract in civil engineering for soft infrastructure from CRJE (East Africa) Ltd.
    • The company has entered into an MOU with Capri Global Capital Ltd, securing a waiver of non-financial penal interest. Successfully fulfilled payment obligation to Capri Global Capital Ltd
    • The company aims to turn around Business Operations, expediting expansion plans and debt reduction
    • The Board also approved renaming KBC Global Limited to Dharan Infra-EPC Ltd

    The company aims to turn around business operations with plans to expedite expansion plans and debt reduction in the near future. The order book of the company is over Rs. 260 crore. Market capitalisation stands at Rs. 266 crore. The Board of Directors in the extraordinary general meeting held on 22nd March 2025 has approved a proposal to increase authorized capital and proposed renaming KBC Global Ltd to Dharan Infra-EPC Ltd or another name approved by the ROC. The company also approved the appointment of Mr. Naresh Karda as chairperson of KBC Infrastructure Ltd, a UK-based wholly owned subsidiary.

    In the EGM held on 22nd March, the company also appointed Mr. Narendra Singh Kharayat (DIN: 06785552) and Ms. Anoushka Lutchmee Nunkoo (DIN: 10729433) as Non-Executive Independent directors of the company. Mrs. Lea Colcol Bonaga (DIN: 10742337) and Mrs. Nabila Hadia Hawail (DIN: 10803351) are appointed as Directors of the Company, who have been appointed as Additional Executive Directors.

    A Senior company official stated, “The bonus share issue, alongside the strategic capital restructuring and upcoming rebranding, reflects our commitment to long-term value creation. We are restructuring our operations, revitalizing our balance sheet, and aligning our brand to a more aggressive infra growth narrative.”

    The Bonus Equity Shares will be issued from the company’s permissible reserves, including Free Reserves, Securities Premium Account, and Capital Redemption Reserve, as of March 31, 2024. A total of Rs. 261.43 crore will be utilized for the Bonus Issue, with shares credited within 60 days of Board approval. The company’s share capital as on date stands at Rs. 261.43 crore, consisting of an equal number of equity shares of Rs. 1 each, which will increase to Rs. 522.87 crore post the bonus issue. The company will announce the “Record Date” for Bonus Share eligibility in due course, as per SEBI Regulation 30 (2015).

    Established in 2007, the company specializes in developing and selling residential and residential-cum-office projects in Nashik, India. Key projects include Hari Gokuldham, Hari Nakshtra-II Eastext Township, and more. The company focuses on residential, commercial, and contractual projects and has announced strategic expansion plans domestically and internationally.

    Recently, Patanjali Food and Herbal Park, Falcone Peak Fund (CEIC) Ltd among other investors to invest upto Rs. 99.50 crore through convertible preferential warrants issue in the company. Board of directors of the company in the meeting held on October 16, 2024 has approved to issue total of 45.23 crore warrants on a preferential basis to non-promoters at Rs. 2.20 per warrants (including a premium of Rs. 1.20 per warrant) aggregating total Rs. 99.50 crore. Each warrant shall be convertible into one equity share of face value of Rs. 1 each fully paid up. The proceeds of the equity issue will be utilize for the repayment of debt. Extra Ordinary General Meeting of the company is scheduled on November 15, 2024 for the same.

    Out of the total issue of 45.23 crore warrants to be issued, Falcone Peak Fund (CEIC) Ltd is proposed to allot 26 crore warrants, Patanjali Parivahan Pvt Ltd and Patanjali Food and Herbal Park to be allotted 4.55 crore warrants and Foresight Holding Pvt Ltd is expected to be allotted 2.28 crore warrants. Post issue of the warrants, shareholding of Falcone Peak Fund (CEIC) Ltd in KBC Global Ltd is expected to be 8.48%, Patanjali companies around 1.48% and and Foresight Holding Pvt Ltd around 1.04% respectively.

    Warrants issue is in accordance with the provisions of SEBI (Issue of Capital and Disclosures Requirements) Regulations, 2018 and warrant shall be converted into equity shares of the company within 18 months of the allotment with receipt of the remaining amount. Board of directors also appointed Ms. Muna Makki as an Executive Director of the Company subject to approval of Members.

    Recently, KBC International Ltd, Ghana drop-down subsidiary of KBC Infrastructure Ltd, UK (Wholly owned subsidiary of KBC Global) has entered to Memorandum of Understanding with Liberia Special Economic Zone Authority for construction and development of residential building complexes, low cost housing and Commercial space in SEZ with estimated cost of USD 12.5 million USD. The project is expected to commence from Q2 2025 and is expected to complete within three calendar years. Liberia Special Economic Zone Authority is entity established by Government of Liberia under Special Economic Zone Act 2017. This is a second prestigious international order received by KBC Global.

    In June 2024, KBC Global Ltd, through its subsidiary Karda International Infrastructure Ltd, has secured a $20 million civil engineering subcontract in the soft infrastructure segment from CRJE (East Africa) Ltd. CRJE, part of the China Railway Construction Group, has a strong legacy of building railways and five-star hotels across Africa. This contract marks KBC Global’s entry into Africa’s infrastructure development, positioning the company as a key player in the region’s growth.

    Company has recently commenced a new project in Deolali, Nashik. The project is located at Survey No. 87/2/2B, Plot No. 4, on Jai Bhavani Road has a proposed area of 31,998 sq ft with six commercial and twenty-two residential units on the plot area of 761.32 sq meter.

    On 21st September 2024, company has successfully fulfilled its payment obligation to Capri Global Capital Ltd and has fully regularized the default on September 19, 2024. Furthermore the company also entered into a favourable Memorandum of Understanding (MOU) with Capri Global Capital Limited, securing a waiver of non-financial penal interest. As of today, the outstanding balance with Capri Global Capital Ltd stands at Rs. 13.50 crore. This agreement underscores the strong relationship and trust between both parties, positioning the company for continued growth and stability. This will add more pace to construction activities of projects Hari Vasant, Hari Aakruti Phase II of the company.

    During the month of September, 2024 the company has successfully handed over possession of 13 units from its projects – Hari Kunj Mayflower – 5, Hari Krishna Phase IV – 4,  Hari Vishwa – 1 and Hari Sanskruti Phase II 4. Since April 2024, the company has handed over possession of total 135+ residential and commercial units in Nashik, Maharashtra. This includes 91 units from the Hari Kunj Mayflower project (MAHARERA Reg no: P51600020249) and 28 units from the Hari Krishna Phase IV project, with the rest from other ongoing projects.

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  • Filmstar Sameer Dharmadhikari Explores Chile’s Cinematic Potential, Set to Meet President Gabriel Boric

    Filmstar Sameer Dharmadhikari Explores Chile’s Cinematic Potential, Set to Meet President Gabriel Boric

    Mumbai (Maharashtra) [India], April 3: Renowned Indian model, actor and producer Sameer Dharmadhikari recently concluded a comprehensive familiarity trip across Chile, aimed at exploring the nation’s diverse landscapes and potential as a prime location for future film productions. Following the inspiring tour, Dharmadhikari expressed enthusiasm for shooting in the country and announced an upcoming meeting with Chilean President Gabriel Boric during his official visit to India.

    The week-long journey, facilitated by “Pro Chile,” provided Dharmadhikari with an in-depth look at Chile’s offerings for filmmakers. Starting in Santiago, he engaged in productive discussions with local producers and cultural ministry officials regarding filming opportunities. The itinerary included visits to key locations such as the vibrant Lastarria neighborhood, Santa Lucía Hill, and the picturesque Los Dominicos village in Santiago; the coastal city of Viña del Mar with its beautiful landscapes and casino; the uniquely artistic city of Valparaíso; the stunning Atacama Desert; and the beaches of Bahía Inglesa on the Pacific coast.

    “It was a fantastic tour,” Dharmadhikari stated. “Chile is such a beautiful place. From the culture of Santiago to the artistic soul of Valparaíso and the stark beauty of the Atacama Desert, the country offers incredible diversity. Valparaíso, in particular, was mesmerizing – a beautifully cultured place with amazing music and art. I’m already writing a script based there.”

    Highlights of the trip included a memorable yacht excursion off the coast of Valparaíso, offering panoramic views of the city at sunset (arranged by Mr. Yerko ), and a captivating stargazing session complete with a barbecue in the Atacama Desert. “The main motto was to promote shooting in Chile,” Dharmadhikari added. “Seeing the potential firsthand, I am definitely looking forward to shooting in Chile and am already working on a couple of scripts.”

    About Sameer Dharmadhikari

    Sameer Dharmadhikari has been a prominent figure in the Indian film and television industry for many years, with a versatile career spanning modeling (endorsing over 180 products including Raymonds) and acting in approximately 39 films across Hindi, Marathi, Telugu, and English languages. His credits include notable films like Satta, Raincoat, Nirop (which won a National Award, produced with his wife cinematographer Aparna Dharmadhikari), and English films Quicksand (HBO) and For real (Era Dutchman).He has worked with renowned directors like Madhur Bhandarkar,Amol palekar,Rituparna Ghosh ,Rajeev menon,and many more. Television shows like Chakravarti samrat Ashok,Zansi ki rani,and Gautam Buddha are being watched world wide.

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  • Palak Shah’s Exhale Label Wins ET Now Business Conclave Award for Emerging Fashion Brand

    Palak Shah’s Exhale Label Wins ET Now Business Conclave Award for Emerging Fashion Brand

    New Delhi [India], April 3: Palak Shah, Founder of Exhale Label, has been honored with the prestigious ET Now Business Conclave Award for establishing as an emerging fashion brand, a testament to this philosophy. The award, presented by Union Minister Jitendra Singh along with Rohit Chadda, COO & President – Times Network, marks a milestone in Shah’s journey from a visionary entrepreneur to a trailblazer in the field.

    What started as a dream of becoming a clinical psychologist evolved into a pursuit of self-expression and authenticity through design. Palak Shah, founder of Exhale Label’s journey is one marked by unexpected twists, self-realization, and a commitment to empowering others through design.

    An Apparel & Manufacture graduate from SNDT Women’s University in Mumbai and an Associate’s degree holder in Fashion Design from Parsons School of Design in New York, Palak has spent a decade crafting a remarkable career in the fashion industry. Her journey is defined by a strong commitment to mental health advocacy, empowerment through design, and fostering community connections.

    Exhale Label is not just a fashion brand; it is a movement built on mental health awareness, self-expression, and inclusivity. The label transcends clothing—each piece is a statement, a celebration of individuality, and a reminder that everyone has a story worth telling. Inspired by her own struggles with insecurities, particularly surrounding her skin color, Palak created a brand that fosters empowerment and positivity, paving the way for a more inclusive future. What makes Exhale Label even more remarkable is its growing celebrity following. Icons like Kareena Kapoor, Kriti Sanon, and Sonakshi Sinha have not only embraced the brand but have also purchased pieces like the “Fragile” design, proudly sharing them on social media. This celebrity endorsement highlights the brand’s cultural relevance and its ability to resonate with those who value authenticity and self-expression.

    Exhale Label aims to unite individuals who have faced body shaming, mental health challenges, and the weight of insecurities. The brand’s message is clear: “Everyone has a story.”, and fashion is the medium to express it.

    The brand stands for authenticity, quality, and kindness, rooted in the belief that fashion can be a powerful vehicle for connection and conversation. Exhale Label is more than just a brand—it’s a community where people from all walks of life come together and feel valued. Every day, when we choose an outfit, we are making a choice that reflects our emotions, often deeper than we realize. With every piece, Palak aims to create a space where individuals can express their true selves, free from the constraints of societal expectations, and wear their emotions with pride.

    Having won two awards for Best Menswear and Best Collection at SNDT’s prestigious fashion show, Chrysalis, it was a defining moment in her life, one that validated her instinct to pursue design, and it marked the beginning of her journey in the fashion industry.

    Palak’s journey began as an intern at one of India’s most iconic fashion brands, House of Masaba, where her talent quickly propelled her to the role of Head of Design. This experience laid the foundation for her seamless transition into the international fashion scene, where she honed her craft alongside renowned names like Jay Godfrey and the prestigious luxury house, Vera Wang. Through these collaborations, she gained invaluable exposure to global markets, mastering the art of high-pressure, fast-paced environments while refining her expertise in advanced fashion techniques.

    What sets Palak apart in India’s fashion landscape is her visionary approach to fashion as a platform for empowerment and personal storytelling. Through ‘Exhale Warriors’, Palak created a space for individuals to share their journeys related to mental health, self-discovery, and overcoming challenges. In a country where mental health has long been taboo, Exhale Label had the first-mover advantage, starting the conversation as early as 2018—before 2020 helped normalize it. The initiative fosters a supportive community and promotes the message that “It’s okay not to be okay.” Each piece from Exhale Label embodies an ‘Exhale Warrior’s’ story, symbolizing the brand’s commitment to weaving design with personal narratives. It brings together those who have faced insecurities, body shaming, and mental health struggles, offering them a place of understanding and celebration.

    As Exhale Label evolves, Palak remains focused on creating clothing that not only makes people look good but also feel good. The brand’s bold designs reflect its dedication to inclusivity, while its commitment to fair trade and ethical practices establishes it as a beacon for responsible fashion. Exhale Label is more than a brand—it’s a celebration of stories, struggles, and triumphs, a platform for individuals to embrace who they are and wear their identity with pride. In Palak Shah’s words, “Our mission is to create pieces that make you feel seen, heard, and valued.” Exhale Label invites everyone to join in, wear their story, and exhale with confidence.

    About Exhale Label

    Exhale Label is a forward-thinking ethical fashion brand that specializes in athleisure and streetwear, dedicated to creating affordable, comfortable everyday wear that nurtures the mind, body, and soul. With a mission rooted in promoting mental well-being, Exhale Label strives to foster a community that values open dialogue about mental health and personal stories. The brand offers a diverse range of products, including t-shirts, hoodies, and sweatsuits, all thoughtfully designed to spark conversations around self-expression and mental health. Exhale Label has made its mark in the fashion industry, earning recognition in prestigious publications like ‘Vogue India’ and ‘The Hindu’ for its innovative approach. The brand has also garnered widespread celebrity admiration, with high-profile figures such as Alia Bhatt, Deepika Padukone, Karan Johar, and Kareena Kapoor championing its designs. Additionally, Exhale Label has made notable appearances in popular media, including Netflix, further cementing its cultural relevance. Beyond fashion, Exhale Label is deeply committed to social impact, regularly collaborating with nonprofit organizations such as Angel Express and Cooper Hospital. Through these partnerships, the brand actively supports various causes and initiatives that aim to empower communities and promote positive change.

  • Planning to Start NGO, then ‘Section 8 Company’ is the Best Option in the Era of Digital India

    Planning to Start NGO, then ‘Section 8 Company’ is the Best Option in the Era of Digital India

    New Delhi [India], April 3: If you are planning to start an NGO in India, the biggest doubt would be whether you should choose a Trust, Society or Section 8 company? The answer is very simple. If you are thinking long-term and want donor trust, smooth compliance and better chances of CSR funding, then Section 8 Company is the best option for you.

    Let us explain in simple language why the Section 8 company option is better. Actually, Section 8 company registration is the best structure for your NGO, and it proves to be extremely convenient in getting CSR funding, ensuring NGO transparency and managing NGO compliance in India.

    Of course, it is easy to register a trust and society, but there are some important things that NGO operators are not told about. For example, if you need to change the address of your NGO in the future, then you have to be ready for manual paperwork, visits to the local registrar and long waiting period.

    And if you ever want to update the objectives of your NGO and it is a trust, you may need court approval. Societies are a slightly better option, but still it is difficult to avoid physical paperwork and red tape.

    If you want to have financial transparency to show to a donor or company, it can also be difficult, as most trusts and societies do not have online records. Everything is offline and scattered.

    Vipul Sharma,co-founder of NGOExperts, says, “In today’s time, when everything is digital, these manual processes make trusts and societies slow, outdated and less credible in the eyes of funders. So, if you are looking for easy NGO registration, flexible operations and national-level recognition, trusts and societies can limit your growth. In such a case, the smart, digital and transparent option of a Section 8 company is the best choice. A Section 8 company is registered under the Companies Act just like a normal company. But it runs only for charitable or non-profit purposes.”

    Vipul Sharma says that Section 8 companies are the future for NGO operations in India. It has many benefits, like all the records being online on the MCA (Ministry of Corporate Affairs) website. You can change addresses, directors or objectives online with proper documents and board resolutions. You have to file audited accounts and annual reports, which increases public confidence. It is legally recognised all over India – it is not limited to any district or state. Most importantly, donors and CSR companies prefer it because of its transparent structure.

    This is why most people are looking for online Section 8 company registration instead of traditional NGO structures. Corporates prefer Section 8 for CSR funding. Suppose you are applying for CSR funds from a big company. The first thing they check is whether your NGO has a clear legal registration. Are audited reports filed? Are its directors, objectives and compliance history publicly available? Section 8 companies meet all these aspects. But trusts and societies don’t do that. That’s why most companies ask NGOs to register as Section 8 or collaborate with one. This makes their due diligence easier.

    This structure is highly suitable for companies and donors looking for transparent NGO operations and a legal NGO structure. Because you don’t have to chase files or wait for state-level authorities. You can run your NGO like a professional organisation. You can add co-founders as directors and make smart decisions with legal backing. Investors, corporates and even international funders rely more on Section 8.

    Many people get scared hearing the “Companies Act” or “ROC filing”, says Vipul Sharma. This is where NGOExperts come into play, helping you choose the right name and structure. Drafting your MOA (objective) and AOA (rules). Apply for your Section 8 licence. Register the company online and later assist you in filing 12A/80G and CSR-1.

    Trusts and societies have served India for decades, no doubt about that. But with the changing times, it is important to adapt to technology along with service, so if you are looking for affordable NGO registration services or someone who can help you from start to finish, the professionals at NGOExperts are at your service.

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  • Accosis Launches Free Accounting Automation Software for Businesses

    Accosis Launches Free Accounting Automation Software for Businesses

    New Delhi [India], April 3: Say goodbye to expensive accounting tools and hello to seamless financial management with Accosis Advanced Accounting Software — a powerful, zero-cost solution designed to simplify bookkeeping, invoicing, and billing for businesses of all sizes.

    Packed with automated GST compliance, real-time financial reporting, and bulk payout processing, this intuitive platform helps you stay on top of your finances with ease. No more hassle of complex spreadsheets or costly software.

    Accosis offers a full suite of essential accounting features, including:

    • Accounts Receivable and Payable Management: Effortlessly track money coming in and going out to maintain a healthy cash flow.
    • Customer and Vendor Tracking: Keep comprehensive records of all business interactions for easy management.
    • Inventory Management: Stay organized by monitoring stock levels and tracking inventory with minimal effort.
    • Automated Invoicing: Create and send invoices automatically, minimizing manual effort and reducing human error.
    • Expense Tracking: Monitor business expenses in real time with convenient categorization and reporting options.
    • Financial Reporting: Generate comprehensive, insightful reports with just a click, helping you understand your company’s financial health.
    • Multi-Account Management: Manage multiple bank accounts from a single, unified dashboard.
    • Secure Data Handling: Protect sensitive financial data with robust security measures and encryption.

    Whether you’re invoicing clients, reconciling payments, or monitoring your cash flow, Accosis Advanced Accounting Software ensures smooth operations without the burden of extra costs.

    Its AI-powered automation drastically reduces manual data entry, making it easier than ever to generate reports and stay on top of your financial health. Plus, with cloud-based access, you can manage transactions and payments in real time, from anywhere, at any time.

    We’re committed to helping businesses thrive with free, efficient financial solutions that simplify operations, ensure compliance, and improve cash flow. Accosis Advanced Accounting Software is not just a tool — it’s your partner in transforming the way you manage finances.

    Join the digital accounting revolution today and experience the future of financial management at no cost.

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  • Globalisation of Indian Law Firm attract international talents for expansion of Indian Industry

    Globalisation of Indian Law Firm attract international talents for expansion of Indian Industry

    Mumbai (Maharashtra) [India], April 2: In the times of Mergers and Acquisitions and FDI’s, globalisation of Indian law firm attract international talents for the attraction of Indian industry.

    Adv Karan Bhargava who  studied in Michigan, USA returned to India last year.  While having skilled FDI practice, he also brought extensive industry experience and a deep understanding of cross-border transactions and foreign investment regulations.

    While practicing in Transactions and litigations, he came in touch with Indian Law firm Solicis Lex Advisory who had extensive practice and exposure with both domestic and international clients seeking to navigate the complex landscape of FDI ventures.

    Being India’s one of the finest law firms, they have been leading FDI consultants, Real Estate and Property Lawyers in India to advise on India Entry Strategy, FDI Structuring, FEMA/RBI Compliance, JVs, Mergers and acquisitions as well as high profile real estate transactions and Litigations.

    Adv Karan, while meeting frequently with various lawyers and law firms in Mumbai, he got acquainted with the Indian Law firm having some of the best practices as many partners in Solicis have studied abroad including its Managing Partner Mr Ameet Mehta, who was a student of London Business School.

    Upon frequent meetings between Adv Karan Bhargava with Adv Ameet Mehta, Karan decided to give up his own independent practice and has now joined Solicis Lex Advisory. The combined entity shall be operating from their newly state of art office at Nariman Point. The office of ‘SOLICIS NARIMAN’ was inaugurated on 31st March, 2025 at hands of Shri KK Tated, Retd Justice, Bombay High Court, Shri Kishore Rangnekar, Senior Director, Saraswat Bank and Senior Advocate in Mumbai Shri Vinod Sampat.

    Recently Solicis Lex was also in news for acquiring Delhi based law firm in November 2024 and a Mumbai based Law firm in 2023. This is their third acquisition and merger to form a larger entity with three offices within Mumbai itself now, at Malad Mindspace, Juhu and Nariman Point.

    For Further Information,

    Email: ameet.mehta@solicislex.com; www.solicislex.com

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  • Traze Expands into South Asia, Unlocks Global Trading Access for Retail Investors

    Traze Expands into South Asia, Unlocks Global Trading Access for Retail Investors

    New Delhi [India], April 2: In a bold move to capture the rapidly growing retail investment market across India and its neighbouring economies, global trading platform Traze, powered by Zeal Group, has officially announced its expansion into South Asia. Backed by robust technology, advanced security protocols, and a unique rewards-based model, the platform aims to redefine access to global financial markets for both seasoned traders and new investors in the region.

    The expansion comes amid a dramatic rise in online trading adoption in countries like India, Bangladesh, and Sri Lanka, where millions of first-time investors are turning to digital platforms to manage and grow their wealth. With a proven track record across Southeast Asia, MENA, and South Africa, Traze’s foray into South Asia marks a pivotal chapter in Zeal Group’s international growth playbook.

    “Our mission is to empower South Asian investors with tools and resources that ensure secure, transparent, and seamless trading experiences. Traze is more than just a platform—it is an enabler for traders from the region to access global opportunities and achieve their financial goals,” said the CEO of Traze in an official statement.

    Comprehensive Access with Next-Gen Infrastructure

    Traze offers users access to over 120 financial instruments, including Contracts for Difference (CFDs), equities, indices, commodities, cryptocurrencies, and 12 types of precious metals. With trading supported on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, users benefit from world-class tools such as algorithmic trading, real-time analytics, advanced charting, and AI-based trading signals.

    Designed to serve traders at every experience level, Traze provides flexible account types including STP (Straight Through Processing) accounts for beginners and ECN (Electronic Communication Network) accounts for professional traders, offering ultra-low spreads and high-speed execution. With a low entry threshold of just $50, the platform is also accessible to a wide range of retail users.

    What sets Traze apart is its multi-jurisdictional compliance framework. The platform is regulated by the Financial Conduct Authority (FCA) in the UK, Financial Services Authority (FSA) in Seychelles, Bappebti in Indonesia, and Financial Sector Conduct Authority (FSCA) in South Africa. In addition, it holds a Category 1 license from the Securities and Commodities Authority (SCA) in the UAE.

    The company also implements a four-layer security system with segregated client funds to ensure transparency and fund protection—an essential concern for retail traders wary of counterparty risk.

    ZDS Token Rewards: Making Trading Engaging and Profitable

    Perhaps the most innovative aspect of Traze is its ZDS Token Rewards Program, which gamifies trading while offering real-world financial incentives. Unlike conventional platforms that focus purely on fees and transactions, Traze introduces ZDS tokens and ZDU points to create a participatory financial ecosystem.

    Key features of the program include:

    • Loss Protection: Traders who incur monthly losses can receive credit back in ZDU points, convertible into ZDS tokens.
    • Referral Incentives: Referrers earn matching rewards when their invitees verify their accounts, deposit funds, and complete trades.
    • Profit-Based Conversion: Up to 20% of monthly profits can be converted into ZDS tokens if trading volume benchmarks are met.
    • Equity-Based APR: The platform offers an APR of up to 32.85% based on the user’s net equity and engagement.
    • Tiered Rewards: As users trade more, they unlock higher tiers with better interest rates, additional bonuses, and exclusive benefits.

    The rewards program is aimed at building user stickiness while reinforcing trading discipline and activity across all user segments.

    South Asia: A Fintech Frontier

    With over 100 million new retail investors entering the market across South Asia in the past three years, the region represents a compelling opportunity for digital-first financial platforms. In India alone, the number of demat accounts has more than doubled since 2020, while fintech penetration is growing rapidly in Bangladesh and Sri Lanka.

    Traze’s entry into the market signals growing global confidence in the region’s retail investment potential. The company is expected to focus heavily on localising its product offering, onboarding regional influencers, and building strategic partnerships with financial education platforms and brokers.

    As digital-first trading becomes the norm and regulatory environments evolve to support innovation, platforms like Traze are poised to bridge the gap between traditional investors and modern financial opportunities.

    Looking Ahead

    With strong institutional backing from Zeal Group and a clear focus on compliance, accessibility, and innovation, Traze is positioning itself as a formidable player in South Asia’s trading ecosystem. Its launch is timely, given the evolving investor appetite for global diversification and tech-driven investment platforms.

    For investors looking to start or upgrade their trading journey, Traze offers a unique blend of technology, rewards, and regulatory confidence—delivering not just access to markets, but a holistic experience aimed at long-term financial empowerment.

    Disclaimer: This is a sponsored press release. Investment in financial instruments is subject to market risks. Past performance is not indicative of future results. Readers are advised to conduct thorough independent research or consult with a SEBI-registered investment advisor prior to making any investment decisions.

  • Euro India Fresh Foods Named Official Snacking Partner of Gujarat Titans

    Euro India Fresh Foods Named Official Snacking Partner of Gujarat Titans

    Surat (Gujarat) [India], April 2: The ongoing cricket season is set to be more thrilling and flavourful than ever as Euro India Fresh Foods, a leading name in the snack and beverage industry, has been named the Official Snacking Partner of Gujarat Titans.

    This exciting collaboration brings together the passion of cricket and the delight of snacking, ensuring that fans can enhance their match experience with Euro’s premium-quality offerings. Whether cheering from the stadium, enjoying the game at home, or celebrating victories with friends and family, Euro’s extensive range of snacks promises to make every six, wicket, and boundary even more enjoyable.

    Mr. Manhar J. Sanspara of Euro Fresh Foods India Limited, said, “In India, cricket is more than just a sport. It is an emotion and passion that brings people together. At Euro, we are thrilled to be part of this cricketing journey, ensuring that fans enjoy not only the excitement on the field but also an exceptional snacking experience with our delicious range of products.”

    As part of this association, Euro India Fresh Foods will introduce engaging initiatives and exciting giveaways. Cricket enthusiasts can relish the crunchiest chips and the spiciest namkeens while cheering for the Gujarat Titans, and participate in thrilling competitions for a chance to win match tickets, exclusive Gujarat Titans merchandise, and more.

    Established in 2012, Euro India Fresh Foods has emerged as a trusted name in the FMCG space, offering over 175 premium products across several categories, including a variety of chips, a delightful assortment of traditional namkeens, refreshing juices and soft drinks, and bakery products such as khakhra, chikki, and more. The company has a state-of-the-art manufacturing facility in Surat.

    Euro India Fresh Foods is committed to the highest quality standards and ensures that every product meets stringent safety and hygiene measures. Consumers trust the brand for its 100% vegetarian and hygienic preparation and zero cholesterol and trans-fat for guilt-free snacking. Moreover, its products do not contain any artificial colours, monosodium glutamate (MSG) or gelatine, ensuring authentic taste and natural goodness.

    Beyond this exciting cricket partnership, Euro India Fresh Foods has also unveiled its pioneering initiative, Euro Food Park, a 50-acre state-of-the-art food processing hub in Chikhli, Gujarat. It is India’s first national-themed food park, inspired by great leaders like Swami Vivekananda, Mahatma Gandhi, Sardar Patel, and Shivaji Maharaj. Beyond an industrial zone, the park serves as an interactive learning hub, offering visitors a first-hand experience of food production techniques and student-centric initiatives.

    With ambitious expansion plans, including the introduction of ready-to-eat meals, frozen food products, mango pulp processing, and more, Euro India Fresh Foods continues to set benchmarks in the FMCG industry, both in India and internationally.

    As the Gujarat Titans gear up for an action-packed season, Euro India Fresh Foods invites fans to celebrate every match with a perfect crunch. Stay tuned for exciting contests, giveaways, and match-day surprises as the Euro and Gujarat Titans make this season one to remember.

    For more details, visit: www.euroindiafoods.com

  • Ethiopia to Host Ethiopian Tech Expo – ETEX 2025 in May 2025

    Ethiopia to Host Ethiopian Tech Expo – ETEX 2025 in May 2025

    Addis Ababa [Ethiopia], April 2: The Information Network Security Agency (INSA) and the Artificial Intelligence Agency of Ethiopia, in collaboration with key government and industry stakeholders, have announced the Ethiopian Tech Expo 2025 – ETEX 2025. The event, scheduled for May 16-18, 2025, at the Addis International Convention Center, will be organized and managed by QNA.

    Prime Minister Abiy Ahmed emphasized Ethiopia’s commitment to its digital transformation, stating, “We have made significant strides as a nation since beginning our digital transformation journey. Digital Ethiopia 2025 empowers us to thrive in the digital economy, necessitating support for innovators and the creation of digital enablers.” He encouraged global innovators and investors to attend ETEX 2025 to explore opportunities within Ethiopia’s tech ecosystem.

    ETEX 2025 will showcase Ethiopia’s advancements in cybersecurity, artificial intelligence, fintech, smart cities, and tech startups, aligned with the Digital Ethiopia 2025 strategy and the African Union’s Agenda 2063. It will position Ethiopia as a leading technology hub in Africa.

    As H.E. Dr. Worku Gachena, Director General of the Ethiopian Artificial Intelligence Institute, stated, “ETEX 2025 will showcase Ethiopia’s tech-driven transformation, highlighting our strides in AI, cybersecurity, and innovation. This expo will serve as a platform for global collaboration, positioning Ethiopia as a leader in Africa’s digital future.”

    The event is expected to attract over 10,000 attendees, including global tech leaders, policymakers, industry pioneers, and startups. Attendees will engage in discussions on digital opportunities with keynote speeches, panel discussions, and exhibitions from Ethiopian and international tech firms. Madam Tigist Mohammed, Deputy General Director at INSA, emphasized: “We are proud to host ETEX 2025, an essential event that encourages innovation and drives the Digital Ethiopia 2025 vision. It will be a catalyst for growth, promoting Ethiopia’s digital capabilities and attracting international partnerships to advance our nation’s tech ecosystem”

    A key highlight will be the focus on regional cooperation, inviting neighboring African countries to enhance knowledge-sharing and digital development. Ethiopia’s infrastructure and policy reforms will attract foreign investments and global partnerships. Ankit Shukla, Managing Director of QNA, shared: “We are excited to organize and manage ETEX 2025, a transformative event for Ethiopia and the entire African tech ecosystem.

    Our goal is to create a collaborative environment where innovation thrives, paving the way for global partnerships and showcasing Ethiopia’s potential in driving digital change across the continent.”

    For more details on ETEX 2025, visit ETEX 2025 – Ethiopia’s Largest Tech Event | Innovation

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  • Accosis Corporation Launches UPI QR Soundbox to Transform Digital Payment Experience

    Accosis Corporation Launches UPI QR Soundbox to Transform Digital Payment Experience

    New Delhi [India], April 2: Accosis Corporation Private Limited, a leading fintech company, has unveiled its latest innovation—the UPI QR Soundbox—designed to enhance the digital payment experience for merchants and customers across India.​

    This compact device provides instant audio confirmation for successful UPI transactions, eliminating the need for merchants to manually verify payments on their phones. The Accosis UPI QR Soundbox also offers instant settlement, allowing businesses to access their funds immediately after transactions. By exclusively supporting UPI payments, the device delivers a streamlined and efficient solution for businesses.

    Accosis offers two variants of the Soundbox: static and dynamic QR Soundboxes. The static QR Soundbox is ideal for businesses with fixed payment amounts, while the dynamic QR Soundbox generates payment amounts based on customer purchases, ensuring a seamless transaction experience.​

    Security is a priority for Accosis, with advanced encryption technology safeguarding all transactions. The device boasts a battery life of up to three days, making it suitable for vendors, retail stores, and mobile businesses. Additionally, it features multilingual support, providing alerts in languages such as Hindi, English, Tamil, Telugu, and Marathi.​

    The Indian market has seen a rise in UPI QR soundbox devices, with various fintech companies introducing similar solutions. Accosis aims to distinguish itself by offering an affordable pricing model, enhanced analytics features, instant settlement capability, and greater durability to cater to merchants of all sizes.

    With this launch, Accosis Corporation positions itself as a key player in India’s digital payments landscape. The company is also exploring future innovations, including integrated accounting software and partnerships with financial institutions, to further expand its fintech solutions.

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