Rose Merc Acquisition Worth ₹1 Cr
Rose Merc Ltd signed a binding term sheet to acquire a 30.01% stake in Virtual Gain Technologies Private Limited for ₹1.00 Crore. The acquisition facilitates Rose Merc's entry into the Indian fintech sector. Upon completion, Rose Merc will appoint majority directors to Virtual's board.
- Value
- ₹1.00 Cr