Rose Merc Limited has formally announced Navi Mumbai Premier League Private Limited (NMPL) as its subsidiary company. The move is as a strategic step that is a significant milestone for Rose Merc Ltd towards expanding its footprint in the sports and entertainment sector.
The acquisition was completed following the election of majority nominee directors on the board of NMPL, with Rose Merc Limited being made the administrators of the league. NMPL, which was established by Dr. Neelam Soni and Mr. Shah Alam, has been the leading facilitator of cricketing talent in Navi Mumbai with its yearly league, featuring developing players and community interaction.
Rose Merc Limited's investment in NMPL from day one has been in terms of team sponsorship and massive promotion campaigns. As NMPL Season 3 has already begun, this action is set to further solidify the league's operations and extend its reach both locally and abroad.
The management of Rose Merc Ltd was upbeat about the takeover, further stating that it is in line with their vision of nurturing talent and growing their portfolio in sports management. Cricket fans can look forward to more thrilling cricket seasons with Rose Merc Ltd at the forefront.
Source: Moneycontrol