Rose Merc Ltd — Important, 10-10-2025: Company Update
10-10-2025 | 01:57 pm
10-10-2025 | 01:57 pm
Rose Merc Limited has entered a Memorandum of Understanding (MoU) with Thrust Aircraft Private Limited (TAPL), an Indian company manufacturing indigenous aircraft. RML will provide financial consulting, investor introductions, and may invest up to ₹20 Cr in TAPL. This partnership aims to accelerate TAPL's growth in the aerospace sector, promoting 'Make in India' aircraft for regional connectivity. RML, which reported 312% YoY revenue growth to ₹5.28 Cr in FY24, is leveraging its financial expertise and extensive network to support high-potential ventures, signifying its strategic diversification into an emerging sector.
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