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Geojit Group to sponsor teenage Grand Master Gopal

New Delhi, Fri, 08 Feb 2008 NI Wire

The 18 year-old first teenage Grand Master from Kerala, Gopal G N, has finally got the sponsor in the form of Geojit group, a leading retail stock broking firm to realise his long cherished dream and goal of becoming Super Grand Master and later breaking into the Elite Club of World top ten.

Gopal, who is currently ranked 8th in India is the 16th Grand Master from India. Gopal’s current rating as per the January FIDE ELO rating list is 2528 which will turn into 2559 in the coming April rating list.

The proud sponsors Geojit will bear the expenses of International Grand Master and renowned Coach Lev Psakhis for coaching Gopal in May this year. Coach Psakhis has been coaching many leading GMs for the past twenty years. His trainees include the illustrious Gary Kasparov and the Polgar sisters.

Gopal feels great to be associated with the Geojit group and says, “I am really pleased that Geojit is my sponsor especially for the foreign coaching that I require."

"I am glad that Geojit will be my companion through this most important phase of my life,” Gopal added.

On sponsoring Gopal, Geojit’s Managing Director C J George says, “Sponsoring Gopal is Geojit’s effort to create an opportunity for Indians to play with higher ranked GMs and improve their rating."

“We hope to give this game of intellect, the exposure necessary to ensure that the game gets its due place among Indian sports lovers," He further said.

Gopal was sponsored by Geojit before for participating in the FIDE World Cup in November 2007 in Siberia, Russia. Gopal’s superb performance against Kasimdzhanov reasoned for the latter to remark that Gopal would soon break into the ELITE Club.

Gopal recent performance helped Indian team to secure the Silver Medal in the Asian Team Chess Championship at Vizag in January 2008. He also won a Gold Medal for his individual performance.

Meanwhile, Gopal was also the part of the team captained by Grand Master Hikaru Nakamura (USA) that won the first prize at the Gibtelecom Teams of 4 blitz. The team won the first prize with a score of 16.5/20.

The other team members included International Master Harika Dronavili, Woman Grand Master Aarthie Ramaswamy. They were the only team to consist of two men and two women for which they picked up additional prize money.

Geojit Financial Services Limited

Geojit, one of the largest retail stock broking companies in the country is listed on both the BSE and NSE. Geojit has over 375,000 clients, a countrywide network of over 400 branches and more than Rs.10000 crores in Assets under Management.

Geojit offers a wide repertoire of financial products and services such as - Equities, Derivatives, Internet Trading, Portfolio Management Services, Commodity Futures, Custody Accounts, Mutual Funds, IPOs, Life Insurance, Margin Funding, Loans against Shares and Loans against Commodity Receipts

The company has business tie-ups in Bahrain and Oman. Barjeel Geojit Securities, Geojit’s joint venture with the Al Saud group is headquartered at Dubai, UAE, and has branches in Abu Dhabi, Ras Al Khaimah, Sharjah and Muscat. Aloula Geojit Brokerage Co., a joint venture with the Al Johar group in Saudi Arabia, will start its operations in the coming months.


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