BSERose Merc LtdMinimalNeutral
Announced Mon, 23 Mar · 12:58 IST

Rose Merc Limited through its Board control Subsidiary Navi Mumbai Premier League Private Limited is holding NMPL Season 4- Player Auction 2026.

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹70.00
prior close
₹69.00
base price
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+0.0+0.0+0.0+0.0-1.4-0.2-0.5-0.3+0.0+5.3-1.6-8.6-9.9-5.0
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AI summary

Rose Merc Limited informed the stock exchange that its subsidiary, Navi Mumbai Premier League Private Limited, is holding the NMPL Season 4 Player Auction on 25th March 2026 at 5:00 PM at Mazgaon Cricket Ground, Kalamboli, Navi Mumbai. NMPL is a MCA-approved cricket league run under the Mumbai Cricket Association for the T20 season. Several BSE and NSE listed companies, including Monarch Networth Capital, Shukra Pharmaceuticals, and JOJO Limited, are among the participating franchise teams that will bid for players. The disclosure was made under SEBI Listing Regulations to keep stakeholders informed about this subsidiary's activities.

Likely market impact

This is a routine event-based disclosure about a cricket league run by the company's subsidiary and has no direct material financial impact on Rose Merc Ltd's business or stock price. Investors should note that the company continues to invest in and promote sports-related ventures through its subsidiaries.