At A Discount of 53% From 52W High Penny Stock Join Hands With ICC

Small-cap firm Toyam Sports operates in the financial services industry. The sole corporation that engages in diverse sports production, promotion, and management is Toyam Sports Limited (TSL), which is listed on Indian bourses. The Cricket Kenya Board invited the top management of the corporation and its subsidiary, Pacific Star Sports (PSS), to a meeting with the ICC team on August 29, 2023, in Nairobi, Kenya.

The meeting was attended by a number of identified officials, including key members of the Kenyan women's cricket team, Kenyan county officials, the deputy commissioner of sports for the Kenyan Ministry of Sports, the board of directors of Cricket Kenya, led by its chairman Mr Manoj N Patel, as well as major sponsors. William Glenwright, General Manager of Global Development of the International Cricket Council (ICC), and his staff also attended the conference. In Kenya, TSL-PSS's COO, Mr. Ali Saeed Rizvi, was in attendance.

"The aim of this meeting was to collaborate on revitalizing cricket in Kenya and restoring its former glory," said Toyam Sports in a stock exchange filing.

Commenting on the development, Ali Saeed Rizvi (COO - TSS) remarked "The fact that we were invited for the meet with ICC officials is in itself a testimony of our abilities in cricket (and athletes) development and promotion. Armed with our experience of successfully hosting several leagues across the globe, we remain confident of our mission to rejuvenate cricket in Kenya and propel it to new pinnacles of success via collaborative efforts. We (TSL-PSS combine) reaffirmed our commitment to offering, both, financial and technical assistance thereby nurturing local talent, developing essential infrastructure and organizing T10 and T20 cricket matches in Kenya. These initiatives are geared toward boosting the confidence of young Kenyan cricketers and honing their inherent skills. Our vision deeply resonates with, both, the ICC team and Cricket Kenya Board".

Glenwright (GM Global Development - ICC) commented "Kenya is one of the key member in the world of cricket, owing to its rich heritage of the game by virtue of having reached the World Cup semi-finals in 2003, and having once held the One Day international status."

Mr. Manoj N. Patel (Chairman of Cricket Kenya) stated "Our commitment is to swiftly restore our former glory and this is our top priority. Partners like TSL-PSS are invaluable assets in this redevelopment program."
Toyam Sports Limited (TSL) is a publicly traded corporation that is active in the management, production, and promotion of sports. It is listed on the BSE and MSEI.

On Friday, the shares of Toyam Sports opened on the BSE at Rs 9.50 apiece. The stock made a 52-week-high of Rs 20.33 on (21/12/2022) and a 52-week-low of Rs 9.00 on (30/08/2023).