Rose Merc.Limited — Capital/Financing Update 2023

Sep 25, 2023

info@rosemerc.in

Date: 25[th] September, 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. Monday, 25[th] September, 2023 at 5.00P.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 514,000 fully paid-up equity shares of the face value of Rs. 10/- each upon conversion of warrants as follows:

info@rosemerc.in

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	Sudhir Vaman Padiyar	50,000	24.25	6.0625	303,125.00	50,000	9,09,375.00	9,09,375.00
2	Padmaja Suresh Ambekar	475,000	24.25	6.0625	2,879,687.00	2,70,000	4,910,625.00	4,910,625.00
3	Nipa Anil Haria	475,000	24.25	6.0625	2,879,688.00	1,94,000	3,528,375.00	3,528,375.00

The Committee Meeting commenced at 5.00 p.m. and concluded on 5.30p.m.

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

For Rose Merc Limited

Digitally signed by SHAIKH NOORUDDIN MOHAMMED DN: c=IN, o=Personal, title=5099, SHAIKH pseudonym=133011361263362611yE1jCF ByA6hvBi, 2.5.4.20=e8d6adb09e0c263be1f77fc6f7bb NOORUDDIN 1279bac8adfdd679bd2ab7b523ce2b69a575, postalCode=400612, st=Maharashtra, serialNumber=e0640256f00d456f350ac09 MOHAMMED 861b34425371bd2cda729daf11a88064054f543e8, cn=SHAIKH NOORUDDIN MOHAMMED Date: 2023.09.25 17:37:46 +05'30'

Nooruddin Mohammed Shaikh

Director

DIN: 09660481

info@rosemerc.in

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 514,000 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 – 39,740,000 consisting of 39,74,000 equity shares of Rs.10/-each. Bifurcation as follows: (a) Existing Share Capital - 34,60,000 equity shares of face value Rs. 10/- per share aggregating to Rs.- 34,600,000 (b) Equity Share Capital added upon Conversion of warrants - 514,000 equity shares of face value Rs. 10/- per share aggregating Rs.- 51,40,000/

info@rosemerc.in

(ii) issue price / allotted price a .Rs.- 24.25 ( including premium of Rs.- 14.25) for (in case of convertibles), 514,000 Warrants as determined in accordance with Regulation 165 read with 166A of SEBI (ICDR) Regulations.

	(ii) issue price / allotted price (in case of convertibles),	(ii) issue price / allotted price (in case of convertibles),	(ii) issue price / allotted price (in case of convertibles),	(ii) issue price / allotted price (in case of convertibles),	a.Rs.- 24.25 ( including premium of Rs.- 14.25) for 514,000 Warrants as determined in accordance with Regulation 165 read with 166A of SEBI (ICDR) Regulations.	a.Rs.- 24.25 ( including premium of Rs.- 14.25) for 514,000 Warrants as determined in accordance with Regulation 165 read with 166A of SEBI (ICDR) Regulations.
		(iii) Name of Allottees:				No. of warrants allotted 50,000 2,70,000 1,94,000 514,000
		Sr.no	Name of the Allottees	Category		No. of warrants allotted
		1	Sudhir Vaman Padiyar	Non-Promoter		50,000
		2	Padmaja Suresh Ambekar	Non-Promoter		2,70,000
		3	Nipa Anil Haria	Non-Promoter		1,94,000
			Total			514,000
5		Any cancellation or termination of proposal for issuance of securities including reasons thereof			Not Applicable