Company Disclosure: New Business Division Launch
Pro CLB Global Limited (formerly Provestment Services Limited), a BSE-listed company with over 32 years of corporate history, has formally commenced operations of a new business division under the brand name "BNP Café – Business Networking Platform". The disclosure was submitted to BSE Limited on 24th October 2026 under Scrip Code: 540703 and ISIN: INE438C01010.
Nature of the Disclosure
This is a regulatory intimation regarding the commencement of a new business activity, submitted for the information of the Exchange and stakeholders under applicable listing regulations.
Business Division Details
Division Name: BNP Café – Business Networking Platform
Objective: To develop a nationwide business networking platform connecting entrepreneurs, businessmen, professionals, service providers and corporate organizations to facilitate business referrals, collaborations, partnerships and growth opportunities.
Key Operational Highlights
- Geographic Expansion: The Company proposes to establish BNP Café Business Networking Chapters across approximately 20,000 PIN code areas throughout India, to be implemented in a phased manner
- Business Model: Revenue generation through individual and corporate memberships, networking meetings, business referrals, chapter development and related business networking activities
- Networking Structure: Each chapter will conduct regular business networking meetings, with opportunities for members to participate in meetings of other chapters across India
- Management Leadership: The division will be managed under the leadership of Mr. Hemant Mehta, Chartered Accountant and existing Director of the Company, along with Mr. Rajesh Modi (popularly known as "Idea Man Rajesh Modi") who will be associated with business development, strategic planning and nationwide expansion
- Operational Base: All business operations, administration, chapter development and nationwide coordination will be undertaken from Mumbai, Maharashtra
Growth Strategy and Financial Implications
The Company intends to progressively develop a nationwide network of business chapters, creating opportunities for membership revenue, networking services and business collaborations. The Company believes this new division has the potential to create an additional business vertical and contribute to future growth and revenue diversification.
Financial Impact: Not quantified in the disclosure.
Capital Structure Impact: Not disclosed.
Cash Flow Implications: Not disclosed.