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Business
Rose Merc Acquires 30.01% Stake in Virtual Gain Technologies
✍️ Latestly
🗓 28 Jun 2026, 06:32 AM
👁 31
Rose Merc Limited has acquired a 30.01% equity stake in Virtual Gain Technologies Private Limited, positioning it as a board-controlled subsidiary and marking a significant entry into India's fintech sector.
Rose Merc Limited has announced the successful completion of its acquisition of a significant equity stake in Virtual Gain Technologies Private Limited. The transaction involved Rose Merc Limited acquiring 30.01% of the company's shares.
This acquisition makes Virtual Gain Technologies a board-controlled subsidiary of Rose Merc Limited. The move is a strategic step by Rose Merc Limited to establish and strengthen its presence within India's rapidly expanding fintech ecosystem.
The company, listed on the BSE under the ticker 51115, views this development as a key milestone in its business expansion strategy.
This acquisition makes Virtual Gain Technologies a board-controlled subsidiary of Rose Merc Limited. The move is a strategic step by Rose Merc Limited to establish and strengthen its presence within India's rapidly expanding fintech ecosystem.
The company, listed on the BSE under the ticker 51115, views this development as a key milestone in its business expansion strategy.