Rose Merc Ltd — Important, 24-06-2026: Company Update

Rose Merc Limited has completed the acquisition of a 30.01% stake in Virtual Gain Technologies Private Limited, making Virtual a board-controlled subsidiary. This strategic move enables Rose Merc to enter India's fast-growing fintech sector and develop its own fintech division. Virtual specializes in online market platforms, digital payments, and software services. Rose Merc paid up to Rs. 1 Crore for this stake. Virtual's turnover was 0.65 Cr in FY24, 0.99 Cr in FY25, and 1.24 Cr in FY26. This acquisition is a key step in Rose Merc's expansion into new business areas.