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Rose Merc.Limited — Capital/Financing Update 2025
Oct 10, 2025
63782_rns_2025-10-10_c092bdc8-353a-4863-9fe4-85303f178231.pdf
Capital/Financing Update
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Date: 10[th] October, 2025 To,
The Corporate Relations Department, BSE Limited, P J Towers, Dalal Street, Fort, Mumbai - 400001
BSE Scrip Code: 512115 Scrip ID: ROSEMER
Subject: Intimation regarding Strategic Memorandum of Understanding (MoU) with Thrust Aircraft Private Limited.
Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Rose Merc Limited ("the Company") has entered into a Memorandum of Understanding (MoU) with Thrust Aircraft Private Limited (TAPL), a pioneering Indian company engaged in indigenous aircraft and UAV manufacturing.
The MoU outlines a strategic collaboration whereby the Company will provide best-effort, non-exclusive support in areas including business evaluation, investor introductions, and potential equity investment of up to ₹20 Crore in TAPL. The partnership also aims to foster aerospace sector growth by promoting TAPL’s aircraft models designed to enhance regional connectivity under the ‘Make in India’ initiative.
This MoU is intended solely to establish a framework for cooperation. A joint working group may be formed for the implementation of the initiatives.
Please find enclosed the detailed media release for your reference and records.
We request the Stock Exchange to take on record the aforesaid and acknowledge the receipt of the same.
Thanking You, Yours Faithfully,
For Rose Merc Limited
Vaishali Digitally signed by Vaishali Parkar Parkar Kumar Date: 2025.10.10 Kumar 13:51:40 +05'30' Vaishali Parkar Kumar Executive Director DIN: 09159108
Enclosure: Media Release
Media Release
Rose Merc Limited Partners with Thrust Aircraft Private Limited to Fuel Indigenous Aerospace Growth through Strategic MOU.
Mumbai, October 10, 2025 – Rose Merc Limited (RML), a company with diversified businesses specializing in financial consulting and investment facilitation, today announced the signing of a Memorandum of Understanding (MOU) with Thrust Aircraft Private Limited (TAPL), India's pioneering aerospace firm focused on indigenous aircraft and UAV manufacturing. This non-binding agreement aims to propel TAPL's expansion by leveraging RML's extensive investor network, including ties to Capital Square Advisors Pvt Ltd—a Category I Merchant Banker with over ₹70,000 crore in syndicated debt experience—to support fundraising, valuation, and strategic positioning.
Under the MOU, RML will provide best-efforts assistance on a non-exclusive basis, including the preparation of comprehensive business evaluation reports, facilitation of an IBBI-compliant valuation if needed, and introductions to equity investors for a proposed fundraise of up to ₹20 Crore. RML may also opt to directly invest up to ₹20 Crore in TAPL's equity round. In addition, RML will enable strategic networking with industry partners, investors, and government stakeholders to enhance TAPL's contributions to India's aerospace ecosystem and the Make in India initiative. TAPL, in turn, commits to sharing timely information and actively engaging in investor discussions.
The collaboration underscores a shared vision for fostering high-potential ventures in emerging sectors, aligning RML's financial advisory prowess with TAPL's innovative aircraft designs tailored for Indian infrastructure, such as the TAC 003 six-seater utility aircraft and the TAC 005 19-seater transport model. These efforts are poised to boost regional connectivity across over 400 Indian airstrips while advancing self-reliant aviation technologies.
Uday Tardalkar, Chairman of Rose Merc Limited , said: "At Rose Merc, we are thrilled to partner with Thrust Aircraft, a trailblazer in India's aerospace landscape. This MOU exemplifies our commitment to nurturing indigenous innovation through our robust network and financial expertise. By facilitating up to ₹20 Crore in fundraising and strategic alliances, we aim to accelerate TAPL's growth, creating lasting value for investors and strengthening India's position in global aviation."
Capt. Amol Yadav, Founder and Managing Director of Thrust Aircraft Private Limited, added: "This collaboration with Rose Merc marks a pivotal step in realizing our 17-year dream of building world-class, Made-in-India aircraft. With RML's support in valuation, investor introductions, and networking, we can fast-track our Vision 2025 to connect underserved regions and deliver multi-purpose solutions like air ambulances and cargo transport. Together, we're not just building planes—we're powering India's aerospace future."
The MOU emphasizes confidentiality and is governed by Indian laws, with disputes resolved through arbitration in Mumbai.
About Rose Merc Limited
Rose Merc Limited (BSE: ROSEMERCLTD) is a company with a diversified portfolio spanning financial consulting, event management, sports management, spiritual radio broadcasting, and B2C products. Leveraging its extensive network and a board of seasoned professionals, RML drives profitable ventures in emerging sectors, reporting 312% YoY revenue growth to ₹528 Lac in FY24. For more information, visit www.rosemerc.in.
About Thrust Aircraft Private Limited
Thrust Aircraft Private Limited is India's first company dedicated to indigenous aircraft manufacturing, promoted by aviation expert Capt. Amol Yadav. Specializing in utility and transport aircraft like the TAC 003 and TAC 005, TAPL focuses on regional connectivity, defense utilities, and Make in India goals, with prototypes showcased to national leaders. For more information, visit www.thrustaircraft.com.
Media Contact:
Vaishali Parkar Kumar Executive Director, Rose Merc Limited Email: [email protected]
Capt. Amol Yadav
Founder and Managing Director, Thrust Aircraft Private Limited Email: [email protected]