Tuesday, October 15, 2024

FIIs Saint Capital Fund, AG Dynamic Funds, Others Pick up stake in MOS Utility Ltd.

MOS Utility Ltd. (NSE: MOS) is one of the leading fintech companies, offering different types of Fintech and Utility Payment Solutions services to businesses and individuals. With a customer-centric approach, MOS Utility Limited is committed to delivering seamless and
secure fintech solutions that enhance accessibility and drive financial inclusion.

As per bulk deals data available on NSE, FIIs Saint Capital Fund, AG Dynamic Funds Ltd., Minerva Ventures Fund, Nexpact Ltd. and Bridge India Fund have picked up stake in MOS Utility Ltd on 26 September 2024. Saint Capital Fund picked up 15,40,000 shares, AG Dynamic Funds picked up 2,69,600 shares, while Bridge India Fund picked up 5,49,600 shares.

MOS has rich and varied experience with reputed Giant corporations in India, MOS is
conglomerate of various businesses web & App based banking / travel/ utility services, etc.

MOS has associated with renowned actor Mr. Nawazuddin Siddiqui to amplify its mission of
financial inclusion. Through this strategic collaboration, MOS aims to highlight the convenience and accessibility of its financial services, showcasing how they cater to the diverse needs of individuals across India. Mr. Siddiqui’s relatable and humble personality seamlessly aligns with MOS’s customer-centric approach, resonating with the masses. By tapping into his massive fan following spanning urban and rural India, MOS seeks to bridge the financial divide, promoting economic empowerment and social mobility.
The association will feature Mr. Nawazuddin Siddiqui in various Branding campaigns
showcasing MOS’s comprehensive services, leveraging his followers on various social media
platforms and broader fan base.

MOS’s association with Mr. Nawazuddin Siddiqui seeks to amplify brand recognition, attracting new customers and Bollywood fans. This collaboration leverages Mr. Siddiqui’s vast fan base and esteemed reputation, bolstering MOS’s presence in the market.

MOS Utility Limited will look to boost its marketing presence with its new Brand Ambassador under the specifications of work, conduct, requirement, standards, and operating procedures mentioned in the Agreement. The Agreement will be valid for a period of 1 year from the signing of the Agreement and may be extended on terms and conditions mutually agreed by both the parties.

Recently, the company entered into Share subscription/share purchase agreement to acquire 51% equity shares of Samvriddhi Inclusive Growth Network Private Limited, which is engaged in the business of providing financial inclusion and financial services etc. related services on pan India basis through its network of agents.

MOS Utility Limited is one of the leading fintech companies, offering different types of Fintech and Utility Payment Solutions services to businesses and individuals. With a customer-centric approach, MOS Utility Limited is committed to delivering seamless and secure fintech solutions that enhance accessibility and drive financial inclusion. MOS has rich and varied experience with reputed Giant corporations in India, MOS is a conglomerate of various businesses web & App based banking /travel/utility services etc. MOS has set up a well-knit Agent network over more than 25 states which is a vast network that would result in a massive impact in reaching last-mile consumers. Today’s Announcement will provide access to Postal services in the remotest area, reducing the need for travel to a Post office Branch. It also offers a range of key services, including Speed Post (Domestic and International), Registered AD, Stamps, E-money Orders and Postal Life Insurance (PLI).

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