Rose Merc Ltd Backs National Sports Governance Bill 2025, Envisions USD 1 Trillion Sports Contribution to Indian Economy
Rose Merc Ltd strongly supports the National Sports Governance Bill 2025, viewing it as transformative for India's sports sector. The company anticipates sports contributing up to $1 trillion to India's economy. The bill introduces reforms including standardized governance structures, athlete-centric policies, transparency measures, and a dispute resolution mechanism. Rose Merc Ltd sees opportunities for corporate involvement in sports and pledges to partner with federations and invest in grassroots programs. The company also announced the resignation of Mr. Sumant Ghaisas as Independent Director.
22Jul 25
Rose Merc Limited Revises Preferential Issue Details and Secures Rights for MCA Inter Corporate League
Rose Merc Limited has revised its preferential issue, now offering 2,60,056 equity shares and 2,06,000 convertible warrants at Rs. 90 per share. The company has scheduled its 41st AGM for August 25, 2025, with a dividend record date of August 18, 2025. The Audit Committee has been reconstituted. Additionally, Rose Merc has secured exclusive rights to manage and promote the inaugural MCA Inter Corporate League, a cricket tournament featuring 100 corporate teams.
21Jul 25
Rose Merc Ltd Secures Exclusive Rights for MCA Inter Corporate Cricket League 2025
Rose Merc Ltd has obtained exclusive rights to manage and promote the inaugural MCA Inter Corporate League/Inter Office League (CCL), a cricket tournament sanctioned by the Mumbai Cricket Association through the Mazgaon Cricket Club. The tournament, set to occur before the end of 2025, will feature 100 corporate teams in a knock-out format and an elite league with eight top-tier teams. Rose Merc Ltd's rights include event management, team selling, sponsorship, and marketing. The company views this as a strategic opportunity to elevate its brand and contribute to corporate sports excellence.