Rose Merc.Limited — Capital/Financing Update 2024

Oct 16, 2024

Date: 16[th] October, 2024

To, The Corporate Relations Department, Bombay Stock Exchange Limited, P] Tower, Dalal Street, Fort, Mumbai-400001 BSE Scrip Code: 512115, Scrip ID: ROSEMER

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

Dear Sir/Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the meeting of the Allotment Committee constituted by the Board of Directors of the Company was held today i.e. Wednesday, 16[th] October, 2024 at 4: 30 P.M. and concluded at 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. It discussed and approved the matter with respect to the issuance of 33,000 equity warrants which are 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 the Listing Regulations, we hereby inform you that:

Allotment of Equity warrants convertible into equity shares of the company on preferential basis for cash

The Members of the company by passing resolutions through AGM on 30[th] September,2024 had approved issue of 4,31,000 warrants convertible into Equity Shares of Rs.10/- each of the Company, at a price of Rs.250/-per Shares (Including premium of Rs.240/-per Shares) on a preferential basis in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Further, the Company has also received in-principle approval for issue of 4,31,000 warrants from BSE on 4[th] October, 2024 prior to allotment of the same.

As per terms of issue of aforesaid Equity warrants approved by the Members of the company an amount equivalent 25% of the Issue Price for Warrants has been received from below mentioned allottees and accordingly the board has decided to allot them Equity Warrants as follows:

Sr. No.	Name of the Investors	No. of Warrants Allotted	Category
1	Thanveer Parayil Aboobaker	8,000	Non- Promoter
2	Promod Govind Agare	5,000	Non- Promoter
3	Shailesh Madhav Pethe	10,000	Non- Promoter
4	Shibani Neelesh Joshi	10,000	Non- Promoter
		33,000

The Equity Shares to be allotted upon conversion of Warrants shall rank pari-passu with existing Equity Shares of the Company in all respect.

Further, in terms of the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the 33,000 Equity Warrants are convertible into equivalent number of Equity Shares issued for consideration in cash.

Further, the Warrants so allotted, as stated above, shall be issued in dematerialized mode and shall be subject to lock in as provided under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Thanking You, Yours Faithfully,

For Rose Merc Limited

Digitally signed by Vaishali Vaishali Parkar Kumar Parkar Kumar Date: 2024.10.16 17:33:05 +05'30'

Vaishali Parkar Kumar Executive Director DIN: 09159108