Intimation of Press Release- Deva Thapa Crowned "Rose Merc Kesari" at Sondoli Dangal.
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Rose Merc Limited filed a press release about a traditional Indian wrestling (kushti) tournament called Sondoli Dangal held in Kolhapur, Maharashtra, which the company sponsored through its sports arm, Jadhav Rose Merc Sports Pvt. Ltd. Nepal's Deva Thapa was crowned 'Rose Merc Kesari,' while Satpal Sontakke won the 'Sondoli Kesari' title, and two Maharashtra Kesari champions fought to a draw. The event was also supported by Emirates Holding Group and attended by several dignitaries and company directors. The company's sports division director mentioned plans to host an international-standard mud-wrestling championship in Dubai next.
This is a brand promotion and sponsorship activity with no direct revenue, order, or financial implications for shareholders. It is essentially a corporate PR exercise and unlikely to materially move the stock price.