Rose Merc.Limited — Capital/Financing Update 2023

Nov 7, 2023

Date: 7[th] November, 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 , 7[th] November, 2023 at 5.00 P.M. and concluded on 5.30 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 145,000 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 warrant s issued	Issue price Per Warrant s (In Rs.)	Price per warran t (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.)	Warrant s to be converte d 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	Padmaja Suresh Ambekar	475,000	24.25	6.0625	2,879,687.50	1,45,000	2,637,187.50	2,637,187.50

The Committee Meeting commenced at 05.00 p.m. and concluded on 05.30 p.m.

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

For Rose Merc Limited

Digitally signed VAISHAL by VAISHALI I PARKAR PARKAR KUMAR Date: KUMAR 2023.11.07 17:34:16 +05'30'

Vaishali Parkar Kumar Executive Director DIN: 09159108

Annexure A

					Annexure A	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 1,45,000 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 – 41,190,000 consisting of 4,119,000 equity shares of Rs.10/-each. Bifurcation as follows: (a) Existing Share Capital - 39,74,000 equity shares of face value Rs. 10/- per share aggregating to Rs.- 39,740,000 (b) Equity Share Capital added upon Conversion of warrants - 1,45,000 equity shares of face value Rs. 10/- per share aggregating Rs.- 14,50,000/
		(ii) issue price / allotted price (in case of convertibles),			a.Rs.- 24.25 ( including premium of Rs.- 14.25) for 1,45,000 Warrants as determined in accordance with Regulation 165 read with 166A of SEBI (ICDR) Regulations.
		(iii) Name of Allottees:				No. of warrants allotted 1,45,000 1,45,000
		Sr.no	Name of the Allottees	Category		No. of warrants allotted
		1	Padmaja Suresh Ambekar	Non-Promoter		1,45,000
			Total			1,45,000
5		Any cancellation or termination of proposal for issuance of securities including reasons thereof			Not Applicable