Parties Involved
Rose Merc Limited (BSE Scrip Code: 512115, Scrip ID: ROSEMER) has entered into a strategic MoU with CATS Global Group companies, specifically:
- CASTLE ADVANCED TECHNOLOGIES AND SYSTEMS PVT LTD (CATS GLOBAL)
- CATS ECOSYSTEMS PVT LTD (CATS ECO)
- CASTLE SMART ADVANCED TECHNOLOGIES AND SYSTEMS PVT LTD (CATS SMART)
Collaboration Framework
The MoU establishes a framework for:
- Strategic investments
- Business development
- Technology commercialization
- Joint ventures
- National-scale collaboration opportunities
Focus Areas
The collaboration will focus on multiple deep-tech sectors including:
- Quantum Photonics AI
- Surveillance Intelligence
- Big Data & Predictive Analytics
- Defence Tech & Homeland Security
- Med Tech Platforms
- Smart Infrastructure & SCADA
- Aerospace & Industrial Intelligence
- Environmental & Water Intelligence
Investment Evaluation
Rose Merc Limited may evaluate investments into one or more of the CATS Group companies as part of this collaboration.
Market Opportunities
Both parties will jointly explore opportunities in India and global markets including:
- Government projects
- Defence technologies
- Smart city infrastructure
- Industrial modernization
- Strategic technology deployments
Management Commentary
Mr. Uday Damodar Tardalkar, Chairman of Rose Merc Limited stated this collaboration reflects the company's vision of participating in transformative technologies that can redefine India's future industrial and strategic capabilities, aiming to build scalable platforms with global relevance while contributing to India's technological self-reliance.
Prof. Dr. Rao Tatavarti, Founder Director and Chairman of CATS Global Group emphasized that India stands at the threshold of a new technological era driven by Photonics, quantum technologies, intelligent sensing and AI-enabled decision systems, noting the collaboration creates a strong platform to accelerate commercialization and expand deployment opportunities for indigenous technologies.
Mr. Biren Shah, Co-Founder & Managing Director of the CATS Global Group companies described the MoU as a shared commitment toward building globally competitive Indian deep-tech enterprises, anticipating significant opportunities in surveillance intelligence, Med Tech, Defence Tech and AI-powered command systems.
Strategic Alignment
The collaboration is expected to actively pursue opportunities aligned with the Government of India's "Atmanirbhar Bharat" vision and strengthen India's position in next-generation intelligent technologies and sovereign digital infrastructure capabilities.
Company Background
Rose Merc Limited is focused on strategic investments, business development initiatives, international partnerships and emerging growth opportunities across future-facing sectors including technology, infrastructure and global market access initiatives.
CATS Global Group comprises advanced technology companies focused on indigenous deep-tech innovation across quantum photonics AI, aerospace sensing, surveillance intelligence, smart infrastructure, industrial command systems, environmental intelligence, defence technologies and big data-driven intelligent platforms.