SECTOR
Rose Merc signs term sheet to invest up to Rs 18 crore in ZCLUS India
May-26-2026

Rose Merc has entered into a term sheet with ZCLUS India (ZCLUS), which is a wholly owned subsidiary of ZEST Consulting LLC providing end-to-end IT services, for a proposed strategic investment of up to Rs 18 crore over a period of three years.

Under the proposed transaction, the company may invest up to Rs 18 crore in one or more tranches at a fixed subscription price of Rs 60,000 per equity share. Upon completion of the proposed investment, Rose Merc may hold up to 23.08% of the pre-money equity share capital of ZCLUS, subject to the terms of the definitive agreements and any changes in the capital structure of ZCLUS.

The investment is intended to support ZCLUS’s Asia-Pacific business expansion initiatives, becoming a dominant service integrator, Global Capability Center (GCC) enabler by facilitating capability /capacity enhancement, and strategic acquisitions as it scales its IT services offerings.

Rose Merc is mainly trading of General Merchandise and allied items along with trading in gold, and other precious metals.

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