ALPHA TRIBE

Rose Merc LtdImportant, 18-07-2026: Company Update

18-07-2026 | 07:31 pm

ROSE MERC LIMITED has completed the acquisition of a bungalow in Lonavala, Maharashtra, for ₹1.30 Cr. This property acquisition, previously approved by the Board for up to ₹2 Cr, is intended for the company's business purposes, including strategic expansion and creating long-term asset value. The acquisition aligns with the objectives of a preferential issue approved by the Board and shareholders, enhancing the company's asset base and supporting its growth strategy.

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