Rose Merc has acquired 50% of the post issue share capital of LK Vet Care, by way of subscription to 10,101 equity shares of LK Vet Care on terms set out in the Subscription Letter.
Earlier, the company had signed a subscription agreement to acquire 50% stake in LK Vet Care. This said acquisition will enable the company to enter into Rural B2C market with presence in ever increasing Animal Husbandry sector related to Artificial Insemination with the market size of around Rs 600 crore. LK Vet Care was established with a vision to provide end-to-end cutting-edge technology in dairy and animal husbandry automation, which enhances productivity & brings transparency in the animal husbandry industry.
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.
