Rose Merc.Limited — Capital/Financing Update 2024

Oct 29, 2024

October 29, 2024

To, The Deputy Manager Corporate Relations Department, Bombay Stock Exchange Limited P. J. Towers, Dalal Street, Mumbai – 400001

Fax No: 2272 2061/41/39/37

Ref: BSE Scrip Code: 512115 Scrip ID: ROSEMER

Subject: Statement of Deviation(s) or Variation(s) of funds for the Quarter ended on 30[th] September, 2024

Dear Sir/ Madam,

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ SEBI Listing Regulations ”), we enclose herewith Statement of Deviation(s) or Variation(s) for proceeds of public issue, rights issue, preferential issue, Qualified Institutions Placement (QIP) etc., for the quarter ended 30[th ] September, 2024, as Annexure A . The said statement has been reviewed by Audit Committee at their meeting held on October 11, 2024.

Request you to take the same on your records.

.

Thanking you, Yours faithfully,

For ROSE MERC LIMITED

Digitally signed by Vaishali Vaishali Parkar Kumar Parkar Kumar Date: 2024.10.29 18:26:18 +05'30'

Vaishali Parkar Kumar Executive Director DIN: 09159108

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Annexure A

STATEMENT OF DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISED

Name of listed entity	ROSE MERC LIMITED
Mode of Fund Raising	1. Others 2. Preferential Issues 3. Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)	1. Allotment of Equity Shares upon exercise of stock options under ESOP 2023 2. Conversion of warrants into Equity Shares 3. Conversion of warrants into EquityShares
Date of Raising Funds	1. July 4, 2024 - Allotment of Equity Shares upon exercise of stock options under ESOP 2023 2. July 15, 2024 - Conversion of warrants into Equity Shares 3. July 18, 2024 - Conversion of warrants into Equity Shares
Amount Raised (in Rs. Crores)	1. July 4, 2024 – Rs. 0.075 (Allotment of Equity Shares upon exercise of stock options under ESOP 2023) 2. July 15, 2024 – Rs. 0.369 (Balance amount received towards Conversion of warrants into Equity Shares) 3. July 18, 2024 – Rs. 0.15 (Balance amount received towards Conversion of warrants into EquityShares)
Report filed for Quarter ended	30-09-2024
Monitoring Agency	Not Applicable
Monitoring Agency Name, if applicable	-
Is there a Deviation / Variation in use of funds raised	No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders	-
If Yes, Date of shareholder Approval	-
Explanation for the Deviation / Variation	-
Comments of the Audit Committee after review	-
Comments of the auditors, if any	-

Objects for which funds have been raised and where there has been a deviation, in the following table	Objects for which funds have been raised and where there has been a deviation, in the following table	Objects for which funds have been raised and where there has been a deviation, in the following table	-
Original Object	Modified Object, if any	Original Allocation		Modified allocation, if any	Funds Utilised	Amount of Deviation/ Variation for the quarter according to applicable object	Remarks if any
-	-	-		-	-	-	-

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised or

(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or

(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc.

Thanking you, Yours faithfully,

For ROSE MERC LIMITED

Digitally signed by Vaishali Vaishali Parkar Kumar Parkar Kumar Date: 2024.10.29 18:26:57 +05'30' Vaishali Parkar Kumar Executive Director DIN: 09159108