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Rose Merc executes non-binding LoI to acquire 30% stake in VGTPL
Dec-09-2025

Rose Merc has executed a non-binding Letter of Intent (LoI) expressing its intention to acquire 30% of the issued and paid-up share capital of Virtual Gain Technologies (VGTPL), an unlisted private limited company incorporated in India.

The objective of Rose Merc in undertaking this acquisition is to strengthen and expand its presence in the e-commerce and digital technology space by leveraging the technical expertise, web-development capability, and e-commerce solutions offered by Virtual Gain Technologies. Cost of acquisition is Rs 15 crore. 

Rose Merc is a dynamic company which is present as an e-commerce website, the company is now primarily into the trade of naturally occurring precious elements such as gem stones, gold, silver, rudhraksha, and more.


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