Category: Press Release

  • Navrattan Music: A Rising Force in the Indian Music Industry

    Navrattan Music: A Rising Force in the Indian Music Industry

    New Delhi [India], April 7: Navrattan Music, an emerging name in the Indian music landscape, is quickly carving out a niche with its fresh sound, vibrant visuals, and top-tier collaborations. Founded and owned by entrepreneur and visionary Himansh Verma, the label has become a platform for both established and upcoming artists, bringing diverse musical styles to a wide audience.

    Under the leadership of Himansh Verma, Navrattan Music has gained recognition for its quality production, innovative content, and ability to connect with the youth. The label has already released several notable tracks, including collaborations with popular artists like Shehnaaz Gill and Karan Aujla. One of their recent releases, Naji Naji, features the soulful voice of Shraddha Pandit, further showcasing the label’s commitment to musical excellence.

    Navrattan Music isn’t just about creating hits—it’s about redefining the music experience with powerful storytelling, modern beats, and visually stunning music videos. With more exciting projects in the pipeline and a growing fan base, the label is set to become a key player in the Indian music industry.

    With Himansh Verma at the helm, Navrattan Music continues to innovate and inspire, proving that passion and creativity are the real stars of the show.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Chaitali Das Conferred Honorary Doctorate by NIILM University for Skill Development

    Chaitali Das Conferred Honorary Doctorate by NIILM University for Skill Development

    New Delhi [India], April 5: Renowned social entrepreneur and sustainability pioneer Chaitali Das has been conferred an Honorary Doctorate (Honoris Causa) by NIILM University in recognition of her two decades of transformative work in skill development, women’s empowerment, and eco-conscious innovation. Celebrated as the ‘Queen of Jute’, Das has revolutionised the global perception of traditional jute, merging ethical fashion with social impact. Her initiatives, like ‘Jute Story Beyond Bars’, have rehabilitated prison inmates while championing inclusive growth. A Guinness World Record holder and global advocate, Das continues to redefine social entrepreneurship, proving that compassion and commerce can drive lasting change.

    In this interview, she explains how she got here, and what she plans to do for the future.

    What does this recognition mean to you personally and professionally, especially after your two decades of relentless social service and innovation?

    This Honorary Doctorate is not just an academic milestone—it is a recognition of a journey rooted in purpose. Personally, it reaffirms my belief that when you serve with sincerity, the world takes notice. Professionally, it is a responsibility to continue leading with compassion, innovation, and inclusivity. I accept this honor on behalf of every woman, every prison inmate, and every jute artisan whose life has touched mine.

    You are widely known as the ‘Queen of Jute’ or as you have said in your coffee table book as ” PAAT RANI” How did your journey in reviving jute begin, and what inspired you to take this traditional fiber to global fashion and lifestyle platforms?

    The journey began with a simple observation—that a golden fiber once called the ‘fabric of India’ was fading from relevance. I saw in jute not just sustainability, but dignity—an opportunity to empower rural artisans, create green alternatives, and bring elegance to eco-conscious fashion. What inspired me was its untapped potential—and the need to bridge tradition with innovation.

    Your initiative ‘Jute Story Beyond Bars’ is not just about sustainability but also about humanity. Could you share how this project is transforming the lives of prison inmates and reshaping societal perceptions?

    ‘Jute Story Beyond Bars’ is my soul project. It was born out of a belief that everyone deserves a second chance. We work with prison inmates to skill them in jute craftsmanship, helping them rebuild confidence and create something of value.

    The products they make are symbols of resilience. And when society embraces these creations, it breaks the stigma and opens doors to inclusion. It’s art, it’s healing, it’s justice in action.

    You’ve represented India at global platforms like the White House, the World Economic Forum, and several international summits. How do these experiences influence your mission and expand your vision?

    Representing India on global platforms has been deeply humbling. At the White House, at Geneva, or in China—what I’ve learned is that the language of compassion, sustainability, and empowerment is universal.

    These experiences have expanded my vision beyond borders. They’ve allowed me to advocate for India’s green potential and women-led enterprises globally, and to learn how powerful cross-cultural collaboration can be.

    As a woman who has led delegations, broken boundaries, and set records, what message would you like to give to aspiring women entrepreneurs and social leaders in India and around the world?

    To every woman out there: you are more powerful than you believe. Don’t wait for the perfect moment—start where you are, with what you have.

    Use your voice, own your space. Challenges will come, but so will change. Let your purpose be louder than your fear. And always lift as you rise—empowered women empower the world.

    From being a social entrepreneur to a fashionista, and from winning global awards to holding a Guinness World Record, how do you balance creativity, compassion, and commerce in your work?

    Balance comes from alignment. For me, creativity is the vehicle, compassion is the fuel, and commerce is the bridge.

    Every jute product we design carries a story—of a life changed, a planet protected. Fashion can be a powerful voice when driven by values.

    And when impact becomes the goal, profit becomes purposeful. That’s how we build sustainable legacies.

    You’ve been instrumental in poverty alleviation, skill development, and social reintegration projects across countries. How do you envision India’s role in global social entrepreneurship in the years ahead?

    India is uniquely placed—rich in talent, tradition, and the spirit of jugaad or innovation. Social entrepreneurship here is not a trend, it’s a necessity.

    I believe India will lead the next global movement in inclusive development. With youth engagement, policy support, and digital empowerment, our social ventures will inspire the world. We don’t just make in India—we create for humanity.

     Having worked with global dignitaries, ministries, and business leaders, how important do you think cross-cultural partnerships are in driving social change and sustainable development?

    They are absolutely vital.

    Cross-cultural partnerships bring fresh perspectives, shared resources, and mutual respect.

    My work in China, Kazakhstan, Greece, and the U.S. has shown me that no nation can build a sustainable future in isolation.

    When we collaborate across borders, we don’t just exchange trade—we exchange trust, technology, and transformative ideas.

    You often speak of dignity, inclusion, and acceptance for those on the margins of society.

    What keeps you grounded and emotionally connected to such deep and difficult causes?

    What keeps me grounded are the eyes of the women and men whose hands create our products. It’s the gratitude of a prisoner finding a new purpose, the joy of a woman earning her first income.

    These are not just causes—they are human lives. And each life matters. I carry their stories in my heart—they are my biggest motivators.

     Finally, as you receive this Honorary Ph.D. today, what is your message to young changemakers, and what legacy would you like your life’s work to leave behind?

    My message is simple: dream with your eyes open, and serve with your heart full.

    Let your success be measured not just by wealth, but by the lives you uplift.

    I want my legacy to be one of compassion-driven innovation, where jute became a movement, prisons became pathways, and women rose as warriors of change.

    May the work live on, far beyond me.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Celebrating the Triumph of Our Income Tax Athletes at the Senior Nationals Karate Championship 2025

    Celebrating the Triumph of Our Income Tax Athletes at the Senior Nationals Karate Championship 2025

    Hyderabad (Telangana) [India], April 5: The Income Tax Sports and Recreation Club (ITS&RC) proudly celebrates the exceptional accomplishments of its athletes at the Senior National Karate Championship, held at the Gachibowli Indoor Stadium, Hyderabad, from March 26th to 29th, 2025.

    Aniket Gupta has once again demonstrated his excellence by securing both Gold and Silver medals, placing 1st and 2nd in his respective events. This remarkable feat marks Aniket’s 42nd medal in WKF and AKF affiliated official national championships since 2005, and reflects his unwavering consistency, as he has now won medals for 18 consecutive years.

    Joining him in this celebration of success is Deepika Dhiman, who earned two Silver medals and one Bronze, achieving 2nd and 3rd positions in her categories. With this performance, Deepika’s tally rises to 30 medals in WKF and AKF affiliated national championships since 2009, marking her 15th consecutive year of podium finishes—an extraordinary testament to her dedication and perseverance.

    The championship saw spirited participation from athletes representing 31 KIO-affiliated states, along with institutional teams including SSCB, ITBP, and Assam Rifles.

    Organized under the aegis of the Government of Telangana, the event was supported by the Sports Authority of Telangana, Telangana Sports Council, and the State Karate Association. ITS&RC extends heartfelt thanks to KIO President Mr. Bharat Sharma , KIO General Secretary Sanjeev Kumar Jangra and KIO Vice President, TSKDA President, and PCC President Sh. B. Mahesh Goud, and to Mr. Shiva Sena Reddy, Chairman, Telangana Sports Council, for their invaluable contribution to the event’s success.

    The championship was graced by the presence of distinguished dignitaries, including the Hon’ble Speaker of the Telangana Assembly, Sh. Gaddam Prasad Kumar, and Hon’ble Minister Sh. Ponnam Prabhakar, who attended as Chief Guests.

    Our heartfelt congratulations to Aniket and Deepika on their remarkable achievements, and our best wishes as they prepare to represent the nation on the Asian stage. Their dedication continues to inspire us all.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Aliza Khan, COO of SK Music Works, Hosts a Grand Star-Studded Eid Bash

    Aliza Khan, COO of SK Music Works, Hosts a Grand Star-Studded Eid Bash

    Mumbai (Maharashtra) [India], April 4: The festive spirit soared high as Aliza Khan, COO of SK Music Works, hosted an extravagant Eid Bash, bringing together some of the biggest names from the entertainment industry. The glittering soirée was a perfect blend of food, music, fashion, and celebration, as renowned celebrities, artists, and industry insiders gathered to mark the joyous occasion.

    From Bollywood A-listers to leading music maestros and influencers, the evening was a dazzling affair, filled with laughter, soulful conversations, and delectable Eid delicacies. The celebration witnessed the presence of popular personalities, including Kumaar, Arjun Bijlani, Neha Bijlani, Sana Maqbool, Jay Bhanushali, Nyra Benerjee, Vikas Verma, Red FM Head Ranjit, Ankit raj, Rohit verma, Mrunal Jain, Kumaar, Sakshi Holkar, Shrishti Rode, Nivedita Basu, Suresh Thomos, Rehan Shah, Shilpi Varma, Kashish Rajput, Rhea Khan, Pooja Vaidhya, Asif Merchant, Shweta Khanduri, Sonia Birje, Ken Ferns, Shweta Pandit, and Many More.

    Siddharth Kasyap, Founder of SK Music Works, expressed his joy, “As the COO of SK Music Works, Aliza Khan’s initiative in hosting this grand Eid celebration reflects the core values of our organization. We believe in embracing all festivities with enthusiasm and warmth. SK Music Works is not just about music; it’s about fostering a strong cultural community where we celebrate together as one big family. Festivities like these bring us closer and strengthen our bonds within the industry.”

    Adding to this, Aliza Khan shared, “Eid is a time of togetherness, gratitude, and spreading joy. At SK Music Works, we believe in celebrating music and culture with the people who make this industry so special. This evening was about cherishing bonds, embracing new beginnings, and creating memories that last a lifetime. I’m truly grateful for everyone who joined us in making this Eid so magical.”

    Popular actor Arjun Bijlani, who was among the attendees, shared, “SK Music Works has always been a platform that celebrates not just music but every festival with the same zeal. We are here to be a part of this joyous occasion and spread happiness together.”

    Actress Nyra Banerjee, celebrity fashion designer Rohit Verma, and actor Vikas Verma were also seen enjoying the evening, adding glamour and charm to the celebration.

    SK Music Works, known for its exceptional contributions to the music industry, has been at the forefront of promoting independent artists and producing soulful melodies. The Eid celebration was yet another testament to the brand’s commitment to fostering creativity, unity, and joy through music and cultural gatherings.

    The night ended on a high note with guests reveling in the festive spirit, indulging in traditional Eid delicacies, and sharing memorable moments, making it an evening to remember.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Kurmah NFC Business Cards: The Future of Networking

    Kurmah NFC Business Cards: The Future of Networking

    Ahmedabad (Gujarat) [India], April 4: Kurmah, inspired by the Kurma Avatar of Lord Vishnu, is revolutionizing networking with NFC Business Cards. These modern solutions redefine how professionals and businesses connect, offering an eco-friendly, instantly updatable, and technologically advanced alternative to traditional paper cards.

    Speaking on the launch, the founder of Kurmah, stated, “Kurmah was founded with a vision to provide professionals and businesses with a networking solution that is not just innovative but also sustainable and cost-effective. Traditional paper cards are wasteful and inconvenient, while Kurmah NFC Digital Business Cards offer a smart, seamless, and eco-conscious alternative.”

    Kurmah’s NFC (Near Field Communication) Business Cards allow users to share contact details, websites, social media profiles, and more with just a tap. Digital Business Cards work through QR codes or web links, making networking effortless without the need for a physical card.

    Kurmah NFC Business Cards

    Kurmah offers a diverse selection of high-quality NFC Business Cards tailored to different professional needs:

    • PVC NFC Business Cards – Made from durable PVC material, these cards provide a sleek and professional appearance, perfect for everyday business interactions.
    • Metal NFC Business Cards – Designed for executives and premium networking, these elegant metal cards add a touch of sophistication to any introduction.
    • Google Review NFC Cards – Help businesses boost their online reputation effortlessly by allowing clients to leave Google Reviews with just a tap.
    • Social Media NFC Cards – Make social media engagement seamless by directing contacts to LinkedIn, Instagram, or other platforms instantly.

    Kurmah derives its name from the Kurma Avatar of Lord Vishnu, symbolizing strength, stability, and support. The brand was founded to address common business challenges, traditional business cards were costly, inconvenient, and wasteful. Kurmah launched its first product in April 2024 and has already served 500+ customers, offering a seamless, cloud-based, secure, and app-independent solution.

    Kurmah is also expanding its offerings beyond digital business cards. Soon, the company will launch custom printing services, providing businesses and individuals with personalized t-shirts, mugs, bottles, caps, office accessories, frames, gifts, and more, all at affordable prices.

    Kurmah’s advanced NFC digital business cards will help you network more effectively at work. Kurmah: Durable, Designed, Done. We have the right product for your business, whatever it takes.

    For media inquiries, please contact:
    Email: support@kurmah.in
    Phone: 8460450745
    Website: kurmah.com

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • ‘The Networker’ Unveils Its Teaser: A Gripping Tale of Ambition and Resilience in the World of MLM

    ‘The Networker’ Unveils Its Teaser: A Gripping Tale of Ambition and Resilience in the World of MLM

    New Delhi [India], April 4: Get ready to dive into the complex and intriguing realm of multi-level marketing (MLM) with “The Networker”, a cinematic experience that delves into the emotional highs and lows of this often-misunderstood industry. The film’s teaser has just dropped, offering a glimpse into the gripping narrative that promises to captivate audiences.

    Directed by Vikas Kumar Vishwakarma and produced by Vikash Malik and Sharad Malik, “The Networker” boasts an impressive ensemble cast, including Vikram Kochhar, Vindhya Tiwari, Atul Srivastva, Vedika Bhandari, Brijendra Kala, Durgesh Kumar, Ishtiyaq Khan, and Rishabh Pathak. This talented group of actors brings to life a story that explores the psychological and financial struggles of individuals entangled in the MLM world.

    At its core, “The Networker” is a deeply emotional and layered portrayal of human resilience, ambition, and trust. The film navigates the intricate web of relationships and challenges that arise when individuals pursue financial independence through MLM. With its well-crafted characters and engaging storyline, “The Networker” is poised to resonate with audiences who have encountered the MLM industry or have faced similar emotional journeys.

    “The Networker” is presented by GUTARGOO ENTERTAINMENT in association with NAVRITU FILMS. The film’s writer and director, Vikas Kumar Vishwakarma, is known for his exceptional storytelling skills, which promise to make “The Networker” an immersive and impactful experience.

    Stay tuned for more updates on “The Networker” as it prepares to captivate audiences with its thought-provoking and emotionally charged narrative.

    YouTube: https://youtu.be/9Wdh4a5ouVs?si=QaNLMEI4-fJXHTb1

    Instagram: https://www.instagram.com/reel/DH-oLMPKY-F/?igsh=MW5xNXN6NzV5Zzdzaw==

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Madhuri Pawar’s Instagram Empire: A Deep Dive into Her Official Management Accounts

    Madhuri Pawar’s Instagram Empire: A Deep Dive into Her Official Management Accounts

    New Delhi [India], April 4: Madhuri Pawar is taking the social media world by storm! Her popularity is soaring, and she’s mostly using Instagram to connect with you, her fans. Great news: her management team has officially announced three awesome Instagram accounts to keep you in the loop!

    Unveiling @team_madhuri_pawar: The Central Hub

    @team_madhuri_pawar is your go-to spot for everything Madhuri! Expect a mix of cool content here. Think promotional stuff mixed with exclusive peeks behind the scenes. It will be like you’re right there with her!

    The Vision Behind @team_madhuri_pawar

    The management team’s goal is simple: boost Madhuri’s brand. They plan to make this account a must-follow. How, you ask? By giving you content you can’t find anywhere else.

    Content Strategy and Engagement

    Expect posts, stories, and reels galore! The team will want to hear from you, too. They’ll encourage you to chat and build a fun community. It’s all about connecting with Madhuri Pawar.

    @madhuri_pawar_updates: Your Source for News and More

    Want to know the latest news about Madhuri? Then @madhuri_pawar_updates is for you. Think of it as your official source.

    Staying Informed: Exclusive Updates

    You will get updates on what Madhuri is working on. Maybe it’s news about a new role. Or maybe she will be making an appearance somewhere. This account is where you’ll find out first.

    Beyond the Headlines: Behind-the-Scenes Content

    It’s not just headlines here. You might see cool, behind-the-scenes stuff from her projects. Maybe even glimpses into her daily life.

    @madhuripawar_dancingqueen: Celebrating Her Passion

    Madhuri Pawar loves to dance, and this account shows it. Get ready for a showcase of her talent. See her moves and her artistry.

    A Showcase of Dance and Artistry

    What kind of dance stuff can you expect? Maybe it’s a dance she did in a show. Or maybe it’s her practicing for something. Perhaps she’ll even dance with someone else!

    Inspiring Aspiring Dancers

    If you love to dance, this account will get you going. Madhuri wants to help you with dance tips. There might even be fun challenges. This account could give you the chance to talk about dancing.

    • Why Three Accounts? A Strategic Approach
    • Why three accounts instead of one? It’s all about being smart. This strategy has many perks.

    Audience Segmentation and Targeted Content

    Each account speaks to a different part of Madhuri’s fan base. If you like dancing, one account is for you. If you want news, there’s another for you. This lets the team give you content you’ll really love.

    Maximizing Reach and Engagement

    These three accounts will work together. They’ll spread the word about Madhuri. They will also get more people involved. More people means more fun.

    Following Madhuri Pawar: A Guide to the Digital Ecosystem

    Want to follow Madhuri on these accounts? Here’s how!

    Where to Find Her: Quick Links and Handles

    Here are the Instagram names:

    • @team_madhuri_pawar
    • @madhuri_pawar_updates
    • @madhuripawar_dancingqueen

    Staying Connected: Tips for Engagement

    Like, comment, and share! Show Madhuri and her team some love. It’s the best way to stay in the loop on Instagram.

    Conclusion: The Future of Madhuri Pawar’s Digital Presence

    These new Instagram accounts are a big deal for Madhuri. They’ll help her connect with you even more. Remember to follow all three to stay updated!

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • MATEXIL Honours Excellence in Exports at Annual Export Award Function in Mumbai

    MATEXIL Honours Excellence in Exports at Annual Export Award Function in Mumbai

    Mumbai (Maharashtra) [India], April 3: “The world is moving away from Natural Fibre Textiles to Manmade Fibre (MMF) Textiles since MMF Textiles are cost-effective.” Shri Giriraj Singh, Hon’ble Union Minister of Textiles, said at the MATEXIL’s Annual Export Award Function in Mumbai.

    MATEXIL – The Manmade and Technical Textiles Export Promotion Council (erstwhile SRTEPC) has successfully hosted its Annual Export Award Function on 30th March 2025 in Mumbai to recognize and felicitate member companies for their outstanding export performance in FY 2023-24. The Event celebrated excellence in Export, with approximately 50 awards presented across various categories of the Manmade Fibre Textiles.

    Shri Giriraj Singh, Hon’ble Union Minister of Textiles, graced the occasion as the Chief Guest and conferred the awards upon the distinguished winners. The Event witnessed the presence of senior Government officials along with industry leaders from the Textiles industry.

    Speaking at the Function the Minister said, “We should focus on R&D and Innovation to promote use of Green Manufacturing Processes for MMF Textiles. We need to adopt Sustainable Manufacturing Practices to become global leaders in MMF and Technical Textiles and create a business-friendly environment for MMF and Technical Textiles.”

    A key highlight of the evening was the unveiling of MATEXIL’s newly developed Website and Trade Dashboard of the Council, designed to provide comprehensive trade insights on Manmade Fibre and Technical Textiles. Speaking at the event, Shri Giriraj Singh commended MATEXIL and its Chairman, Shri Bhadresh Dodhia, for this pioneering initiative. He emphasized the crucial role of reliable and customized textile data in policy formulation, noting that the new dashboard would bridge an existing information gap. He further reiterated the Government’s commitment to boosting textile exports and achieving the ambitious target of USD 100 billion in exports by 2030.

    In his address, Shri Bhadresh Dodhia, Chairman of MATEXIL, said “ In the evolving landscape of MMF Textiles, a significant trend is the growing demand for sustainability and circularity. Global brands and retailers are increasingly seeking sustainable and recyclable textiles to capture consumer attention. This shift has prompted the industry to focus on developing environmentally friendly and recyclable MMF textiles.” Shri Dodhia mentioned.

    During his address Shri Bhadresh Dodhia, Chairman of MATEXIL also informed about the challenges faced by the Indian MMF Textiles industry due to the lack of technical expertise in processing and finishing. “This gap can be bridged through strategic tie-ups with leading international players in the MMF sector. It is imperative to upgrade and automate technology in MMF Textiles production to align with international standards.” He mentioned.

    Shri Shaleen Toshniwal, Vice-Chairman of MATEXIL, in his closing remarks, reiterated the importance of the Export Awards in motivating industry players. He noted that this tradition of recognizing excellence has encouraged new exporters to strive for greater achievements in the global market.

    Among the leading companies honored at the event were Reliance Industries Limited, Grasim Industries Limited, D’Décor Exports Private Limited, Sangam India Limited, Vardhman Textiles Limited, RSWM Limited, and Banswara Syntex Limited, among others.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Barça Academy back in India

    Barça Academy back in India

    New Delhi [India], April 3: This June, the Indian cities of Delhi, Bangalore, Ahmedabad, and Hyderabad will all be hosting Barça Academy camps as the club returns to India where it made a huge impact a few years ago, providing an excellent opportunity to spread the club’s famous football style and philosophy to yet another part of the planet. The goal of the project is improving a comprehensive range of aspects of the game of every one of the boys and girls who attend, including personal aspects just as creativity, cooperation and initiative.

    SportsNTW has been chosen as its India partner and these five-day training courses are being run in an exclusive association with them. Ahmedabad will be the first from June 2 to 6, followed by Hyderabad from June 9 to 13, Bangalore from June 16 to 20 and finally Delhi from June 23 to 27.  Later, in autumn, there will be a second round of camps, and the pattern will be repeated on a year-round basis to ensure that the Barça Academy reaches the whole of the country and that the maximum number of children can get to learn about the Barça methodology and values.

    “Barça Academy is delighted to be back in India, a strategic country for us. We are looking forward to this set of four camps as a starter of many more to come. It is our goal to bring Barça Academy to all of India and allow Indian football players to learn the Barça way. Benny Megreli. Barça Academy Director, commented.

    Many players will also get to enjoy such experiences as the Barça Academy World Cup, played at the Ciutat Esportiva Joan Gamper in Easter week, as well as the regional APAC Cup and different specialization courses in Barcelona.

    Barça Academy

    “We are very excited to be Barca Academy partner in India and look forward to usher in grass-root football youth development in our country”, Jatin Ahluwallia Founder and Chairman of SportsNTW commented on this development. Abhishek Saklani, Co-Founder SportsNTW highlighted, “One of the outstanding features of our association is the prized opportunity for a select few top performers from Barca Academy India camps to play at Barca Academy World Cup in Barcelona”.

    Barça Academy is now operative in over 50 different countries, taking the famous FC Barcelona values to more than 25,000 children every year, as well as holding almost 200 different camps around the world.”

    About SportsNTW

    SportsNTW is a leading sports company founded by experienced sports professionals with a track record of associating with IPL, French open and FIFA World Cup amongst many other prestigious sports events. It has committed to promote Football at grass root level in INDIA through this platform.

    For more information, please visit www.india.barcaacademy.com

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • 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.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.