Rose Merc Ltd
Rose Merc Enters Fintech with ₹1 Crore Investment in Virtual Gain Technologies 📈
• Rose Merc Limited invests ₹1 crore to acquire 30.01% stake in Virtual Gain Technologies
• Virtual Gain is a Pune-based fintech firm specializing in digital asset trading, payments, and software services
• Investment totals ₹1,00,00,000 for 4,288 equity shares at ₹2,332 per share
• Virtual's turnover grew from ₹5,24,000 in FY2022-23 to ₹98,87,703 in FY2024-25
• Rose Merc gains rights to appoint majority directors and control key decisions
• Transaction enables Rose Merc's entry into fintech sector and development of its own fintech division