Pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015, we wish to inform you that Rose Merc Limited, under the aegis of the Mumbai Cricket Association (MCA) through Mazgaon Cricket ....
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Rose Merc Limited, in association with the Mumbai Cricket Association (MCA) and Mazgaon Cricket Club, is launching a Corporate Cricket League scheduled to start in early November 2025. The tournament will feature over 100 non-affiliated corporate teams in a knockout stage with a registration fee of INR 1.25 lakh per team, followed by a second stage where 8 franchise teams will be formed via auction from a pool of 254 players. Matches are planned at Wankhede Stadium, Azad Maidan, and Kalamboli Grounds (tentative), with national TV and YouTube broadcast coverage. The league offers multiple sponsorship tiers including title, team, co-sponsor, and digital media partnerships. For Rose Merc, this is essentially a sports event management initiative that doubles as a branding and networking platform for corporates in Mumbai.
This is a brand-building and event management initiative rather than a material business order. Potential revenue from registration fees (~₹1.25 crore if 100 teams participate) and sponsorships is modest and unlikely to move the stock meaningfully. Shareholders should view this as a promotional diversification activity with no immediate financial clarity on profitability.