Latest news with #GGL
Business Upturn
a day ago
- Business
- Business Upturn
Gujarat Gas signs Gas Sales Agreement with Waaree Energy for PNG supply to Lithium-ion cell plant in Valsad
By Aman Shukla Published on July 31, 2025, 16:53 IST Gujarat Gas Limited (GGL), India's largest City Gas Distribution (CGD) company, has entered into a significant partnership with Waaree Energy through the signing of a Gas Sales Agreement (GSA) for the supply of Piped Natural Gas (PNG). Under this agreement, GGL will supply 50,000 standard cubic meters per day (scmd) of PNG to Waaree's upcoming lithium-ion cell manufacturing facility located in Valsad, Gujarat. This collaboration marks a step forward in the country's journey toward clean and sustainable energy solutions. The lithium-ion plant is currently under construction and is expected to be commissioned in the fourth quarter of FY 2025-26. Once operational, the facility will support India's efforts to reduce its reliance on imports of lithium-ion batteries—a segment crucial for electric vehicles (EVs), portable electronics, and Battery Energy Storage Systems (BESS). According to a report by CareEdge, India's import dependence for lithium-ion batteries is projected to fall to 20% by FY 2026-27. As the demand for EVs and renewable energy integration continues to rise, localized manufacturing and cleaner fuel supply will play a key role in securing the energy ecosystem. Waaree Energies Limited (WEL), part of the Waaree Group, is India's largest solar PV module manufacturer with a total installed capacity of 13.3 GW, as reported by CRISIL. The group currently operates in over 20 countries and is now expanding into lithium-ion cell, hydrogen cell, and solar wafer manufacturing. Its partnership with Gujarat Gas will not only support green manufacturing but also contribute to lowering the carbon footprint of India's fast-growing clean tech sector. Gujarat Gas, operating under the aegis of the Government of Gujarat, supplies gas to over 22.67 lakh households, more than 4,000 industrial units, and runs over 828 CNG stations across 44 districts in six states—Gujarat, Maharashtra, Rajasthan, Haryana, Punjab, Madhya Pradesh—and one Union Territory, Dadra & Nagar Haveli. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
25-06-2025
- Business
- Business Standard
Surya Roshni shines bright on securing Gujarat Gas order
Surya Roshni rose 3.50% to Rs 345.65 after the company announced a fresh order win worth Rs 75.40 crore from Gujarat Gas. The company said it has received the order for the supply of 3LPE-coated ERW steel pipes under API 5L Grade X52 specifications. The order will be executed across multiple GGL locations within a 34-week period. Surya Roshni is the largest exporter of ERW pipes, largest producer of ERW GI pipes and one of the largest lighting companies in India. On a consolidated basis, Surya Roshni's net profit rose 25.18% to Rs 130.09 crore while net sales rose 3.14% to Rs 2145.83 crore in Q4 March 2025 over Q4 March 2024.
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Business Standard
25-06-2025
- Business
- Business Standard
Mukul Agrawal portfolio stock rallies 7% today; zooms 74% from April low
Share price of Surya Roshni Shares of Surya Roshni hit a seven-month high of ₹358.10, as they rallied 7 per cent on the BSE in Wednesday's intra-day trade after the company said it obtained orders worth ₹75.40 crore (with GST) from Gujarat Gas Limited (GGL) across GGL locations. The stock price of the smallcap company was trading at its highest level since November 2024. The market price of Surya Roshni has bounced back 74 per cent from its 52-week low of ₹205.40 touched on April 7, 2025. It had hit a 52-week high of ₹371.30 on October 4, 2024. Surya Roshni Secures ₹ 75.40 crore order from Gujarat Gas Surya Roshni in an exchange filing said the company secured a significant order worth ₹75.40 crore from Gujarat Gas Limited for the supply of 3LPE Coated ERW Steel Pipes across GGL locations. The order is expected to be completed within 34 weeks, potentially enhancing the company's revenue and reinforcing its reputation as a reliable supplier in the industry. Mukul Mahavir Agrawal holds over 1 per cent stake in Surya Roshni Ace Investor Mukul Mahavir Agrawal held 2.2 million equity shares representing 1.01 per cent stake in Surya Roshni as on March 31, 2025, the shareholding pattern data shows. As per the latest corporate shareholdings filed, Mukul Agrawal publicly holds stakes in Indo Count Industries, Deepak Fertilisers & Petrochemicals Corporation, Neuland Laboratories, Radico Khaitan, Nuvama Wealth Management, BSE and PTC Industries. Surya Roshni Business Outlook Surya Roshni is entering the house wiring cables (HWC) market, driven by demand from 60 per cent of its channel partners. The company anticipates a ₹100 crore revenue in its first year of operations. As on May 14, 2025, Surya Roshni has an order book of about ₹650 crore in - hand for oil & gas sector, water sector and exports business. For FY26, Surya Roshni is targeting double-digit value growth in the Lighting and Consumer Durable division, backed by a strong product pipeline, capacity expansion, and increasing traction in premium and aspirational segments. In the steel pipes and strips business, the company is targeting a minimum sales volume of 1.06 million tons in FY26. This represents a substantial increase from FY25, driven by strong demand in infrastructure, water, and oil and gas sectors, supported by the ramp-up of the company's new spiral production facility in Gwalior and the expansion of the cold rolling project in Bahadurgarh, both of which are expected to enhance margins. About Surya Roshni Surya Roshni Limited is a company operating in the manufacturing industry, primarily focusing on producing steel pipes and lighting products. The company is known for its extensive range of products, including ERW steel pipes, which are used in various sectors such as oil and gas, water, and construction. Surya Roshni being one of the largest lighting companies in India, the lighting business manufactures an array of conventional to modern LED lighting. The consumer durable business offers a variety of Fans and home appliances. 'Surya' Brand and 'Prakash Surya' have a strong presence of more than four decades in India. It enjoys strong Pan India presence with extensive dealer network in both of its businesses i.e. Steel Pipes & Strips and Lighting & Consumer Durables.
Yahoo
08-04-2025
- Entertainment
- Yahoo
Global Gaming League Raises $10 Million Funding Round to Revolutionize Gaming Entertainment
GGL set to systemize and monetize the world's largest untapped entertainment audience – the over 3 billion people who play video games worldwide Everybody Games: The Global Gaming League's Leadership Team Las Vegas, NV, April 08, 2025 (GLOBE NEWSWIRE) -- The Global Gaming League (GGL), a global gaming entertainment and media company, announced today the raise of $10 million for its SAFE round led by Solyco Capital. GGL was founded by Grammy-nominated, multi-platinum music producer and entrepreneur Clinton Sparks, in partnership with music icon T-Pain and tech visionary Jeff Hoffman (Priceline, UBid, The Global Gaming League is a first of its kind multi-title gaming league with celebrity owned teams made up of four players each – high profile influencers, actors, athletes, artists, casual and professional gamers – who compete in live events playing everything from first person shooter, sports titles and fighting games to the latest releases and retro favorites. The GGL is not an esports league – it's a gaming entertainment league that brings together every style of play and every kind of player. It's multigenerational, multicultural, and converges gaming, music, sports, fashion, celebrity, competition and culture. 'There are over 3 billion gamers around the world,' said Clinton Sparks, Founder and CEO of GGL. 'But there's still no centralized platform that gives everyday players the spotlight—while authentically connecting brands, celebrities, and competition in a way that's truly entertaining. That's where GGL comes in. Imagine the energy of the Super Bowl, the fandom of Comic-Con, and the culture of ComplexCon and Coachella. There is currently no place for investors to have any meaningful return on a gaming investment, brands to consistently get an ROI with gaming, publishers to expand their IP to new audiences, celebrities to have an authentic footprint in gaming and nothing set up for all gamers to build a career as a gamer, and have a chance to be recognized globally as true athletes. Until now.' The GGL's matches will take place at their state-of-the-art campus and arena in Las Vegas, the entertainment capital of the world and the home of the Global Gaming League. GGL's studio facility The Campus powered by Vū, is set to elevate the city's connection with the video gaming community forever. It is the most technologically advanced studio in the area, boasting the largest wrap-around digital screen in the Western U.S. (second only to Sphere) and 43,000 square feet of space with everything for Hollywood-level film and television production and VIP events of all kinds. GGL delivers unforgettable experiences, high-impact sponsorship moments, and a new entertainment format where the audience is just as important as the action. 'Everybody games,' said T-Pain, GGL Director of Strategy and team owner. '67% of people between the ages of 5 and 90 game in some form—in fact, more people watch video gaming than any sport (short of the NFL). 46% of gamers are female, colleges give scholarships for gaming now. and the average gamer is 36 years old, despite most thinking it's only for kids. Gaming is a faster, cheaper and safer path to success than traditional sports." The Global Gaming League is providing real opportunity for gamers around the world to be drafted and earn a salary as a player on a celebrity owned team through the global nomination submission process where gamers can log on to and sign up. Since announcing this, the league has over a quarter of a million entries to play for one of the celebrity-owned teams. The first team owners to be revealed include: T-Pain – Grammy-winning artist and beloved voice in gaming culture Bryce Hall – TikTok star, Bare Knuckle brawler and digital entrepreneur Flavor Flav – Hip hop legend, reality show icon, and official host of the Olympics Ric Flair – 16-time world champion legendary professional wrestler known for his flamboyant personality and signature catchphrase, 'Wooooo!' GGL will be announcing more team owners in the coming weeks pulling from music, film, sports, fashion, social media and gaming. Game time is the new prime time. Gaming is projected to surpass $300 billion by 2026—outpacing TV, film, and music combined. But it's not just the revenue—it's the attention. Unlike traditional media, where viewers are distracted, multitasking, or skipping ads, gaming commands full focus. There's no second screen. No passive scrolling. Just millions of fully immersed fans, locked in and actively engaged. For brands, this isn't just a new channel—it's a new kind of consumer. One who's not just watching, but participating. One who's emotionally invested in the moment and wide open to authentic brand experiences that enhance gameplay rather than interrupt it. This is where advertising stops feeling like an ad—and starts becoming part of the story. 'Gaming is a blue ocean opportunity for brands, investors, and new business. Gamers spend 30% more on retail than non-gamers and that number goes up in key categories like automobiles, travel and technology,' said John Garcia, Founder and Managing Partner of Solyco Capital. 'Gamers don't just play—they influence. Today's gamer spans generations and lifestyles. They watch, buy, and move culture. When I met Clinton Sparks and listened to his vision, I knew this wasn't just another business idea—it's a key future in media.' More Than a League — A Launchpad for Talent, Education, and Opportunity The launch also includes the GGL Academy—a first-of-its-kind initiative focused on empowering advancement through gaming education, career pathways, and scholarship opportunities. The Academy is built to train, mentor, and connect aspiring gamers, creators, and professionals to real-world roles across the gaming, entertainment, and tech industries. Strategic partnerships with NYU, UNLV, and Syracuse are already underway, building a direct pipeline from the classroom to the arena. With 74% of Gen Z expressing interest in careers in gaming or digital media, GGL is creating the infrastructure to meet that demand—especially in underserved communities where access to opportunity has been historically limited. 'I came out of retirement for this,' said Jeff Hoffman, GGL Chairman of the Board. 'Because this isn't just about gaming—it's about access. GGL has the power to connect cultures, build international bridges, uplift underserved communities and close age gaps. And it's not just meaningful—it's good business. We're building a platform that can monetize at scale while making a positive impact. That's rare, and that's why I'm all in.' Sparks adds, 'The Global Gaming League is positioned to make gaming a household name in the same manner that the WWE did with wrestling and the UFC did with mixed martial arts, by systemizing and democratizing an industry that already exists with billions of users and hundreds of billions already being generated. Get familiar with the Global Gaming League.' About Global Gaming League:GGL is a new kind of league—where gaming, culture, music, sports, fashion, and reality TV collide. With celebrity-led teams, live competitions, global fan engagement, and next-gen media experiences, GGL is building the first entertainment system for the world's largest and most engaged audience. More info at About Solyco Capital:Solyco Capital is a unique private equity group that delivers capital solutions for late-stage startup and growth companies. Headquartered in Detroit, with offices in Orange County, Dallas, and Miami, Solyco supports high-growth companies with operational guidance through Solyco Advisors. Learn more at Visit: Press Contact: Business Inquiries: Attachment Everybody Games: The Global Gaming League's Leadership Team CONTACT: Press Contact: owen@ Business Inquiries: info@ in to access your portfolio
Associated Press
19-03-2025
- Business
- Associated Press
GGL Resources Corp. Appoints Technical Committee
VANCOUVER, BC / ACCESS Newswire / March 19, 2025 / GGL Resources Corp. (TSXV:GGL) ('GGL' or the 'Company') is pleased to provide the following corporate update: Technical Committee The Management of GGL is pleased to announce the formation a technical committee to advise on strategic and technical matters to advance its flagship Gold Point Project in Nevada along with the McConnell Copper-Gold Project in British Columbia. The Technical Committee will provide strategic guidance on the geological, operational and engineering aspects of the Company's projects. The Management of GGL Resources Corp. welcomes the following: Manuel Estrada, Mr. Estrada is a mining executive with extensive experience in mining operations spanning the Americas. Mr. Estrada worked for Capstone Mining Corp. for 14 years at the Cozamin and Pinto Valley Mines in Mexico and Arizona, respectively. He holds a in Civil Engineering from the Tecnologico de Durango in Mexico and has extensive experience in underground mining with certifications on Risk, Safety, Leadership, Maintenance and Process Management, Cut-Off Grade and Mine Strategy Optimization. Richard Reid, Mr. Reid is a geologist with over 40 years in the mining business working for major mining companies with a career focused on Nevada. Early in his career, he was a Nevada project geologist for Pegasus Mining, later transitioning to roles with Newmont Goldcorp Corp., the largest producer of gold in the world. He continued his career as Newmont's Nevada District Exploration Manager and later Exploration Business Development Manager, and finally Chief Geologist for North America. Ronald Berdahl Mr. Berdahl's career spans over 40 years primarily focused on grassroots prospecting and project generation in Yukon, Canada and the Western United States. Along with his sons, their private family company, 18526 Yukon Inc., built a portfolio of mineral projects that now include the world-class Valley gold deposit being developed by Snowline Gold. 'The management at GGL would like to thank Manuel, Dick and Ron for offering to sit on our technical committee,' stated John Gilbert, CEO. 'They've each been on site and see Gold Point's great potential. We appreciate their support as we advance the project, and I'm personally grateful to have them involved as we continue to strengthen and build a top-notch team at GGL.' GGL has granted 600,000 incentive stock options under its Incentive Stock Option Plan to Technical Committee members at a price of $0.08 per share for a period of five years. All these options are subject to vesting provisions under which 25% of the options will vest at the conclusion of each three months during the first year of the exercise period. About GGL Resources Corp. GGL is a seasoned, Canadian-based junior exploration company, focused on the exploration and advancement of under-evaluated mineral assets in politically stable, mining friendly jurisdictions. The Company has optioned and wholly owned claims in the Gold Point district of the prolific Walker Lane Trend, Nevada. The Gold Point claims cover several gold-silver veins, five of which host past producing high-grade mines, as well as an exciting new porphyry target which is currently under option to Teck. The Company also owns the McConnell Project, which hosts mesothermal gold veins and an under explored porphyry copper-gold prospect in the Kemess District of north-central British Columbia. GGL also holds diamond royalties on mineral leases adjacent to the Gahcho Kué diamond mine and southwest of the Ekati diamond mine in the Northwest Territories. ON BEHALF OF THE BOARD 'John Gilbert' Chief Executive Officer and Director For further information concerning GGL Resources Corp. or its various exploration projects please visit our website at or contact: Investor Inquiries Richard Drechsler Corporate Communications Tel: (604) 687-2522 NA Toll-Free: (888) 688-2522 [email protected] Corporate Information Linda Knight Corporate Secretary Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Information contained in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions, and expectations; they are not guarantees of future performance. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'succeed', 'advancements', 'under-evaluated' and similar expressions, or that events or conditions 'may', 'could' or 'will' occur. GGL cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the control of GGL. Such factors include, among other things: risks and uncertainties relating to exploration and development and the results thereof, including the results of the recently completed drill program, the impact on future mineral resource estimates, the potential for new discoveries, and the results of future metallurgical programs, as well as the ability of GGL to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties, including those described in GGL's financial statements available under the GGL profile at Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, GGL undertakes no obligation to publicly update or revise forward-looking information.
