HRH Next Services Limited signs service agreement with mPokket Financial Services Private Limited
HRH Next Services Limited has entered into a Service Agreement with mPokket Financial Services Private Limited to manage and dispatch statutory communications for its clients. The arrangement involves providing comprehensive services related to legal notice documentation.The purpose of the agreement is for HRH Next to receive legal notice documents, compress and host these materials as secure short links, and deliver them through digital channels, including SMS.
Details regarding this strategic partnership have been disclosed, confirming that there are no pre-existing shareholding ties between the two companies. Furthermore, neither party is related to the promoter or promoter group of the other entity.
The Service Agreement establishes a tenure of one year, with provisions for renewal based on mutual written agreement between both parties. A key term specifies that either party retains the discretion to terminate the contract for convenience by issuing ninety days prior written notice.
Key commercial terms of the agreement are summarized below:
| Particulars | Detail |
|---|---|
| Partner Company | mPokket Financial Services Private Limited |
| Service Provided | Receiving, compressing and hosting legal notice documents as secure short links, and delivering them via digital channels including SMS. |
| Agreement Tenure | One year, renewable upon mutual written agreement. |
| Termination Clause | Either party may terminate the Agreement for convenience by issuing ninety days prior written notice to the other party. |
| Shareholding | Nil |
HRHNEXT Stock Price Movement
Today, shares of HRH Next Services Limited closed flat at ₹27 following the market session. Trading activity was noted with 3,000 shares moving during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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