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Rose Merc.Limited — Capital/Financing Update 2022
Sep 21, 2022
63782_rns_2022-09-21_92c8baec-1022-401e-b3b2-5e15b5de64da.pdf
Capital/Financing Update
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(CIN:L24110MH1985PLC035078) Address:Office No:12, Priyadarshani Roj Bazar Soc, Sector- 10, Khanda Colony, New Panvel (West), Mumbai, Maharashtra- 410206, India Email ID:[email protected]: 022-60602179
To, Deputy General Manager Listing Department, BSE Limited P J Towers, Dalal Street, Mumbai- 400021.
Date: September21, 2022
Dear Sir/Madam,
Sub: Outcome of Board Meeting Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Scrip Code No.: 523896
This is to inform you that the meeting of the Board of Directors of the Company was held today a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, September 21, 2022 at 11.30 A.M. at the Registered Office of the Company. It discussed and approved the matter with respect to the issuance of warrants convertible into equity shares of face value Rs. 10/- each of the Company to non-promoters on preferential basis under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Pursuant to the Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Listing Regulations’), we hereby inform you that:
- The Company in its Board Meeting dated September 21, 2022, have allotted 10,92,000 warrants convertible into Equity Shares of Rs.10/- each of the Company, at a price of Rs. 24.25 per Shares (Including premium of Rs. 14.25 per Shares) on a preferential basis to following investors:
| Sr. No. | Name of the Investor | No. of Warrants Allotted |
|---|---|---|
| 1 | Vaishali Parkar Kumar | 4,75,000 |
| 2 | Khushboo Himanshu Gandhi | 75,000 |
| 3 | Jovita HimanshuGandhi | 75,000 |
| 4 | Bijal Himanshu Gandhi | 1,00,000 |
| 5 | MrudulGirishGokhale | 50,000 |
| 6 | MukeshJugaldas Desai | 83,000 |
| 7 | Priyadarshi Vishwanath Srivastava | 50,000 |
| 8 | Punam Arora | 50,000 |
| 9 | Sudhir Vaman Padiyar | 50,000 |
| 10 | K AGandhi HUF | 84,000 |
| **Total ** | 10,92,000 |
The equity shares to be allotted upon conversion of warrants shall rank pari-passu with existing Equity Shares of the Company in all respect.
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(CIN:L24110MH1985PLC035078) Address:Office No:12, Priyadarshani Roj Bazar Soc, Sector- 10, Khanda Colony, New Panvel (West), Mumbai, Maharashtra- 410206, India Email ID:[email protected]: 022-60602179
- Approved the constitution of the Allotment Committee of the Board consisting of the following members:
| Sr.No. | Name of the Person | Category of Directorship | Position |
|---|---|---|---|
| 1 | Nooruddin Mohammed Shaikh | Director | Chairman |
| 2 | KirtiChunilalSavla | ManagingDirector | Member |
| 3 | Gopal Shah | Independent Director | Member |
The Board meeting commenced at 11:30 a.m. and concluded at 5:30 p.m.
You are requested to take the above on record and do the needful and oblige.
For Rose Merc Limited
KIRTI CHUNILAL SAVLA Digitally signed by KIRTI CHUNILAL SAVLA DN: c=IN, o=Personal, 2.5.4.20=f86977d6ae03474929269def97b9ee050a5c1f7a3cc348f2ff3ecfec74c5d0d5, postalCode=400075, st=Maharashtra, serialNumber=522e84125b9ed116ec018ca042cb9c4c49b68258eedac997ff554730e2a7dfe3, cn=KIRTI CHUNILAL SAVLA Date: 2022.09.21 17:55:15 +05'30' Kirti Savla Managing Director DIN No.: 02003878