Rose Merc Limited is acquiring a 23.08% stake in ZCLUS India Limited for ₹18 Crore. This strategic investment supports the company's fintech and tech support divisions.
Rose Merc Limited executed a fourth amendment to acquire a 30.07% stake in Emirates Holding FZ LLC for ₹28.26 Crore. The amendment revises payment tranches.
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 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.