Rose Merc Ltd Acquires Bungalow for ₹1.3 Cr

Rose Merc Ltd has completed the acquisition of a bungalow in Village Valvan, Lonavala, District Pune, Maharashtra, for a total consideration of ₹1,30,00,000. This acquisition was approved by the Board of Directors on January 20, 2026, with an aggregate approved consideration of up to ₹2,00,00,000. The property, described as non-agricultural land with a bungalow, is intended for the company's business purposes, including strategic expansion and long-term asset value creation. The transaction was conducted at arm's length and does not involve related parties or promoter interests.