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Rose Merc acquires 49% stake in Jadhav Rose Merc Sports

07 May 2024 Evaluate

Rose Merc has acquired 49% of the share capital of Jadhav Rose Merc Sports. The cost of acquisition is Rs 49000. Jadhav Rose Merc is floated with the objective to promote Indian style mud wrestling. The company intends to promote the sport which is spread across lengths and breadths in India however lacks financial support.

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.

Peers
Company Name CMP
Redington 327.50
Adani Enterprises 2735.00
Amrapali Industries 33.57
Maxgrow India 172.35
Rashi Peripheral 738.20
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