Rose Merc Ltd — Important, 27-11-2025: Company Update
27-11-2025 | 06:28 pm
27-11-2025 | 06:28 pm
Rose Merc Limited's subsidiary, Moda Orama Ventures, has acquired a 50% stake in Refectio Private Limited for Rs. 50,000. This acquisition makes Refectio an associate company of the Rose Merc group. Refectio, a newly incorporated entity in the textile industry, aims to operate as designers, manufacturers, and retailers of clothing, apparel, and various consumer products. This move strategically expands Rose Merc's presence in the fashion and textile sector, enhancing its market reach and potential for brand development and retail operations.
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