Rose Merc. Ltd Management Discussions

Economic Overview Global Economy

FY25 witnessed moderate global economic growth of approximately 3.1% (IMF), reflecting resilience amid persistent geopolitical tensions, elevated inflationary pressures, and tightening monetary policies. Advanced economies adapted to higher interest rates, while emerging markets?particularly in Asia? demonstrated robust performance, fuelled by domestic demand, industrial revival, and accelerated digital adoption.

Inflation showed signs of moderation, though it remained above pre-pandemic levels, prompting central banks to maintain cautious stances. Supply chains continued to stabilize, supporting global trade and manufacturing activity.

Indian Economy

India continued on its strong growth trajectory in FY25, with real GDP expanding by 6.4%, reaching approximately Rs 188 lakh crore, as reported in the Economic Survey 2024-25. This robust performance reflects the strength of domestic demand, a rebound in agricultural production, sustained momentum in the services sector, and continued public investment in infrastructure. Inflation eased during the year, with the Consumer Price Index (CPI) averaging 4.9%, creating a stable policy environment. Structural reforms, prudent fiscal management, and pro-business policies contributed to a favourable investment climate. Looking ahead, India remains well-positioned for sustainable growth, with FY26 projections ranging between 6.3% and 6.8%, underpinned by capital expenditure, digital transformation, and inclusive development initiatives.

Segment-wise Performance

Sports Division

NMPL - Navi Mumbai Premier League

FY25 marked a significant milestone for our subsidiary NMPL, which successfully concluded Season 3. The league reaffirmed its commitment to grassroots talent development and created tangible pathways to professional cricket:

• Ayush Mhatre (Koperkhairne Titans) was selected by Chennai Super Kings for 1PL 2025 and appointed captain of the India U-19 team.

• Tanush Kotian (Thane Tigers) was picked by Delhi Capitals and earned a place in the India Test squad.

• Shams Mulani (Sanpada Scorpions) was named captain of the Mumbai T 20 League.

• Over 40 players from Season 3 were selected for the Mumbai T20 squad, and 46 players earned positions in various Ranji Trophy teams, underlining NMPLs success as a launchpad for emerging talent.

Rahi Pakhlc RM Pvt. Ltd.

Ms. Rahi Pakhle, founder of Rahi Pakhle RM Pvt. Ltd., was conferred with the Shiv Chhatrapati State Sports Award, Maharashtras highest sporting honour, for her exceptional contributions to Trampoline Gymnastics.

Event Management Division

Outcry Entertainment Pvt. Ltd., our event management subsidiary, delivered an impactful year through a range of high-profile, time-sensitive, and large-scale events across sectors:

• Global Education: Conducted multiple edu-counselling conferences for Gen Next Education Inc. (USA) in Delhi and Bangalore.

• Maritime Leadership: Hosted a 2-day conference for Executive Ship Management, a leading global marine firm.

• Tech Excellence: Executed two major events for Google in Hyderabad.

• Political Milestones: Managed flagship events for the Congress Party, including the manifesto release and press conference by Shri Rahul Gandhi, with a 24-hour turnaround.

• Corporate Celebrations: Delivered a 3,000+ pax Family Day event for Indofil within just 10 days.

• New Years Eve: Produced Mumbais largest New Years Eve celebration at Sahara Star, hosting 3,000+ guests across three venues.

• Luxury Events: Curated a grand engagement ceremony for 3,500+ guests at Taj Lands End, attended by top HNls and social influencers.

Fashion Division

Strategic Entry into Fashion: MOVe & Emirates Holding Group

In FY25, Rose Merc Ltd. expanded into the high-growth fashion segment through its joint venture with Moda Orama Ventures Pvt. Ltd. (MOVe) and cross-border collaboration with Emirates Holding Group (EHG).

EHG, headquartered in Fujairah, UAE, is a diversified group with three decades of experience in fashion, trading, and sustainable product development. The group is now pivoting toward premium fashion verticals, supported by Rose Mercs strategic backing.

MOVe, incorporated in August 2024, is a joint venture in which Rose Merc Ltd. holds a 35.37% equity stake. The company focuses on organizing fashion shows, managing creative studios, and nurturing emerging talent through mentorship and grooming programs.

Key Highlights:

• Debut Showcase: MOVes pre-launch fashion show featured three emerging designers and 30 promising models, receiving nationwide visibility via Doordarshan (DD).

• The event laid a strong foundation for long-term brand recognition in the fashion and lifestyle space.

Flagship International Showcase - Eternal Runway & Emirates Awards 2025

On 4th July 2025, Rose Merc Ltd., along with subsidiaries EHG and MOVe, hosted the first-ever crossborder fashion event at the Marriott A1 jaddaf, Dubai:

The Emirates Luxury Show - Eternal Runway.

Featuring eight distinguished designers, the event was a blend of glamour, talent, and cross-cultural collaboration. Celebrity showstoppers included:

• Madhur Bhandarkar, Garuda Ram, Eijaz Khan, Parth Samthaan, Shibani Kashyap, Nia Sharma, Karan Kundrra, among others.

The show was flawlessly produced by EHGs in-house team, and the presence of industry dignitaries? including:

• Dr. Mohd Saeed AI Kindi (Former Minister, UAE)

• Yaqoob AI Ali (Office of His Highness Sheikh )uma bin Maktoum Al Maktoum)

• Bu Abdullah (Chairman, Bu Abdullah Group)

• Rizwan Sajan (Founder & Chairman, Danube Group)

?added prestige and visibility. The invite-only guest list featured top fashion buyers, influencers, and international media.

Emirates Business & Real Estate Awards 2025

Held on the same evening. Rose Merc Ltd. supported the Emirates Business Awards 2025, recognizing global changemakers across industries:

Awardees Included:

• Her Royal Majesty Queen Vickylextar, SVP Owen SP Sanchez, Spiro Pappas, Romain Gerardin Fresse, Serge Conesa, ETC (Energitechgrin), and more.

Additionally, the Emirates Real Estate Awards 2025 honoured innovators and architects shaping tomorrows skylines, including:

• Erick Van Egeraat, Umair Khan, Amol Shinde, jPrime Buildcon, and Mr. Kudzi M, among others. Dividend payout

In line with our commitment to delivering long-term value to shareholders, the Board of Directors of Rose Merc Ltd. has recommended a dividend payout of Rs 0.12 per share for FY25. This decision reflects the companys continued focus on rewarding its shareholders while maintaining financial prudence.

The payout underscores managements confidence in the companys performance, stability, and future growth potential. It also aligns with our balanced capital allocation strategy?supporting both shareholder returns and reinvestment into high-growth areas such as fashion, sports, and event management

Way ahead

FY25 has been a transformative year for Rose Merc Ltd, marked by strategic diversification, international expansion, and executional excellence across all business divisions. We remain committed to creating enduring value for our stakeholders and stepping boldly into new markets with innovation, purpose, and impact

DISCLOSURES WITH RESPECT TO DEMAT SUSPENSE ACCOUNT/ UNCLAIMED SUSPENSE ACCOUNT:

a) Aggregate number of shareholders and the outstanding shares in the suspense account lying at the beginning of the year - NIL

b) Number of shareholders who approached listed entity for transfer of shares from suspense account during the year - NIL

c) Number of shareholders to whom shares were transferred from suspense account during the year -NIL

d) Aggregate number of shareholders and the outstanding shares in the suspense account lying at the end of the year - NIL

e) That the voting rights on these shares shall remain frozen till the rightful owner of such shares claims the shares. - NIL

For and on behalf of Board of Directors	SD/
Rose Merc Limited	Kirti Chunilal Savla
	DIN: 02003878
	Managing Director
	SD/-
	Nooruddin Mohammed Shaikh
Place: Mumbai	DIN:09660481
Date: June 27,2025	Whole Time Director