Rose Merc Limited has allotted 50,500 fully paid-up equity shares at Rs.90 each upon the conversion of warrants. This conversion, involving two non-promoter allottees, represents a total value of ₹0.45 Crore and increases the company's post-allotment paid-up capital to ₹6.19 Crore.
Rose Merc Limited has allotted 50,750 equity shares of Rs. 10 each at an issue price of Rs. 90 per share upon conversion of warrants. The allotment, valued at approximately ₹0.46 Crore, increases the company's paid-up capital to Rs. 6.19 Crore.
Rose Merc Limited has appointed Indian cricketer Dhruv Jurel as its Brand Ambassador. This strategic association aims to enhance brand visibility and deepen the company's engagement within the sports ecosystem. The collaboration aligns the brand with a rising athlete to build meaningful connections with the youth and cricket fans.
Rose Merc Limited announced its association as a key organizer and partner for the Maharashtra Tennis Cricket Champions League (MTCCL). Organized with the Eknath Solkar Foundation, the 8-team franchise league focuses on Under-23 grassroots talent. Matches will be broadcast on DD Sports and Waves, aligning with the company's sports development and community engagement vision.
Rose Merc Limited has allotted 61,861 fully paid-up equity shares at Rs. 90 each following the conversion of warrants. The total allotment value is ₹0.56 Crore, involving both promoter and non-promoter allottees. This exercise increases the company's paid-up capital to approximately ₹6.14 Crore.
Rose Merc Limited signed an agreement to acquire a 30.01% stake in Virtual Gain Technologies Private Limited for ₹1.00 Crore. The acquisition of 4,288 equity shares enables Rose Merc's entry into India's fintech sector. Upon completion, Rose Merc will appoint a majority of directors to Virtual's board.
Rose Merc Limited submitted its initial disclosure under the SEBI Large Corporate framework for FY 2026. The company confirmed it is not identified as a Large Corporate, reporting nil outstanding borrowings and no credit rating applicable as of March 31, 2026.
Rose Merc Limited allotted 51,000 equity shares to Punam Arora (Non-Promoter) upon the conversion of warrants at Rs.90 per share. The transaction, valued at approximately ₹0.46 Crore, increases the company's post-allotment paid-up capital to ₹6.08 Crore.
Value
₹0.46 Cr
Execution
The meeting concluded at 2.45 p.m. on April 24, 2026
Rose Merc Limited has entered tennis ball cricket with the launch of the Maharashtra Tennis Cricket Champions League (MTCCL) Season 1. Partnering with the Eknath Solkar Foundation, the league is affiliated with the Tennis Cricket Sport Federation India. This initiative aligns with the company's focus on grassroots sports development and professionalizing innovative sporting formats.
Rose Merc Limited allotted 40,000 equity shares to Omprakash Singh upon the conversion of warrants at Rs.90 per share, totaling ₹0.36 Crore. This conversion increases the company's paid-up capital to ₹6.03 Crore. The allotment was approved by the Board's Allotment Committee on April 20, 2026.
Rose Merc Limited entered the fintech sector by acquiring a 30.01% strategic stake in Virtual Gain Technologies Private Limited (Pezon.in) for ₹1 Crore. Pezon.in operates a digital payments and P2P infrastructure platform. This investment aligns with Rose Merc's strategy to expand into high-growth digital financial services and India's expanding digital economy.
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.
Rose Merc Limited's board approved a ₹1.00 Crore investment for a 30.01% stake in Virtual Gain Technologies. The board also approved divesting stakes in two associate companies and forfeited warrants worth ₹56.25 Lakhs due to non-exercise. These moves reflect the company's strategic entry into the fintech sector.