Intimation regarding Strategic Partnership with Falcon Cup LLC-FZ to expand Falcon Cup Inter-Corporate Golf Tournament and Explore Sports and Fashion Events.
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Rose Merc Ltd has signed a non-binding Memorandum of Understanding (MoU) with Dubai-based Falcon Cup LLC-FZ to expand the Falcon Cup Inter-Corporate Golf Tournament into India. The partnership also covers joint exploration of sports events (cricket, tennis, badminton, football, etc.), fashion shows, real estate, and wealth/asset management across the GCC, India, Mauritius, Europe, and Africa. Rose Merc will act as the primary strategic partner for India's market entry and will sponsor the 2025 Falcon Cup Tournament in the UAE, with plans to organize a Cricket Premier League in Mauritius. A brand ambassador, Ms. Tara Laxmi Shreshta, has been appointed for fashion events in Bahrain, Saudi Arabia, and other GCC regions.
This is an early-stage, non-binding partnership announcement with no disclosed financial terms, so the immediate impact on shareholders is limited. However, it signals Rose Merc's aggressive diversification into international sports, fashion, and real estate sectors, which could open new revenue streams if the partnership converts into binding deals and successful events.