Rose Merc Ltd completes acquisition of Lonavala bungalow for Rs 1.30 crore

What Rose Merc Ltd announced

Rose Merc Ltd (BSE: 512115) informed the Bombay Stock Exchange that it has completed the acquisition of a bungalow and adjoining land in Village Valvan, Taluka Maval, District Pune, Maharashtra. The transaction was executed on 17 July 2026 and the total consideration paid was ₹1,30,00,000 (Rs 1.30 crore). The acquisition was disclosed in a filing dated 18 July 2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the property and transaction

• Seller(s): Mr. Sachin Diwakar Deshpande and Mr. Salil Diwakar Deshpande.
• Nature of acquisition: Free‑hold immovable property acquired by way of a registered Sale/Conveyance Deed.
• Property description: Non‑agricultural land measuring 258.35 sq metres (50 % share of Plot No. 5, Survey No. 124/2) together with a bungalow (Municipal House No. 493) comprising a stilt and two upper floors, built‑up area of approximately 1,721 sq ft (≈ 160 sq metres).
• Consideration: ₹1,30,00,000 (Rupees One Crore Thirty Lakhs Only).
• Purpose: The asset will support the company’s business activities, including strategic expansion and creation of long‑term asset value.
• Related‑party status: The transaction is not a related‑party transaction and was undertaken at arm’s length.

Board approval and regulatory compliance

The Board of Directors met on 20 January 2026 and approved the acquisition of immovable property for an aggregate consideration of up to ₹2,00,00,000. The actual purchase price of ₹1,30,00,000 falls within this approved ceiling. In compliance with SEBI LODR Regulation 30, the company filed an intimation to the exchange, attaching Annexure I that details the transaction.

"The acquisition is in accordance with the objects of the preferential issue as approved by the Board of Directors and the shareholders of the Company." – Managing Director, Vaishali Parkar Kumar

Key facts at a glance

Why this matters for investors

The acquisition adds a tangible, non‑agricultural asset to Rose Merc Ltd’s balance sheet, potentially enhancing the company’s collateral base and supporting future operational expansion. Because the purchase was funded from existing resources and did not involve any issuance of shares or debt, there is no immediate dilution or increase in financial leverage. The arm‑length nature and absence of related‑party involvement reduce governance concerns, aligning the transaction with standard corporate‑governance practices.

Conclusion

Rose Merc Ltd has successfully completed the purchase of a strategic property in Pune for Rs 1.30 crore, a transaction approved by its board earlier in the year and disclosed in compliance with SEBI regulations. The asset is expected to be utilized for business expansion and long‑term value creation. No further regulatory approvals are pending for this acquisition.