Rose Merc.Limited — Capital/Financing Update 2023

Dec 12, 2023

Date: 12[th ] December, 2023

To,

The Corporate Relations Department,

BSE Limited,

P] Tower, Dalal Street, Fort,

Mumbai-400001

BSE Scrip Code: 512115Scrip ID: ROSEMER

Subject: Outcome of Meeting of Allotment Committee constituted by the Board of Directors of the Company

Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

We wish to inform you that the meeting of Allotment Committee constituted by the Board of Directors of Rose Merc Limited was held today, i.e. Tuesday , 12[th ] December, 2023 at 06.30 P.M. and concluded on 07.00 P.M. at the Registered office of the Company situated at Office no:15/B/4, New Sion CHS, Opp. SIES College, Behind D Mart, Sion West, Mumbai- 400022, Maharashtra, inter alia, has considered and approved the allotment of 80,000 fully paid-up equity shares of the face value of Rs. 10/- each upon conversion of warrants as follows:

Sr No.	Name of Allottees	Total No. of warrants issued	Issue price Per Warrants (In Rs.)	Price per warrant (25% of the issue price) (In Rs.)	Amount already received at the time of issue of warrants i.e. 25% of the total conversion money (In Rs.)	Warrants to be converted into equity	Balance price of warrants for the conversion of warrants into equity shares i.e. 75% of the issue price (In Rs.)	Amount received for the conversion of warrant into equity i.e. 75% of the balance conversion money (In Rs.)
1	Sunita Rajesh Chaudhary	50,000	50.00	12.50	6,25,000.00	50,000		18,75,000.00
							18,75,000.00
2	Rajen Hemchand Gada	80,000	50.00	12.50	10,00,000.00	20,000	7,50,000.00	7,50,000.00
3	Manisha Pandurang Jadhav	10,000	50.00	12.50	1,25,000.00	10,000	3,75,000.00	3,75,000.00

The Committee Meeting commenced at 6.30p.m. and concluded on 7.00p.m.

You are requested to take above cited information on your records.

For Rose Merc Limited

VAISHALI Digitally signed by VAISHALI PARKAR PARKAR KUMAR Date: 2023.12.12 KUMAR 19:00:36 +05'30'

Vaishali Parkar Kumar Executive Director DIN: 09159108

Annexure A

Sr. No	Particulars	Details
1	Type of securities proposed to be issued (viz. equity shares, convertibles etc	Equity shares
2	Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc	Conversion of Equity Warrants issued on preferential basis.
3	Total number of securities proposed to be issued or the total amount for which the securities will be issued	Total number of securities allotted 80,000 fully paid up equity shares having face value of Rs.10/-each.
4	ln case of preferential issue: (i) outcome of the subscription	Upon allotment of shares, the post allotment paid-up capital stands at Rs – 4,21,15,000 consisting of equity shares of 42,11,500 Rs.10/-each. Bifurcation as follows: (a) Existing Share Capital - 41,31,500 equity shares of face value Rs. 10/- per share aggregating to Rs.- 4,13,15,000/- (b) Equity Share Capital added upon Conversion of warrants - 80,000 equity shares of face value Rs. 10/- per share aggregating Rs.- 8,00,000/
	(ii) issue price / allotted price (in case of convertibles),	a. Rs. 50.00 ( including premium of Rs.- 40.00 ) for 80,000 Warrants as determined in accordance with Regulation 165 read with 166A of SEBI (ICDR) Regulations.

						No. of Equity shares allotted 50,000 20,000 10,000 80,000
			(ii)	Name of Allottees:		No. of Equity shares allotted 50,000 20,000 10,000 80,000
			Sr.no	Name of the Allottees	Category	No. of Equity shares allotted
			1	Sunita Rajesh Chaudhary	Non-Promoter	50,000
			2	Rajen HemchandGada	Non-Promoter	20,000
			3	Manisha Pandurang Jadhav	Non-Promoter	10,000
				Total		80,000
	5		Any cancellation or termination of proposal for issuance of securities including reasons thereof		Not Applicable