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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