Rose Merc.Limited — Capital/Financing Update 2024

Jul 15, 2024

Date: July 15, 2024

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

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 Allotment Committee, constituted by the Board of Directors of Rose Merc Limited, at its meeting held today, i.e. Monday, July 15, 2024 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 55,500 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.)	Warrants to be converted into equity	Price per warrant (25% of the issue price)	Amount already received at the time of issue of warrants i.e. 25% of the total conversion money	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.)
					(In Rs.)	(In Rs.)
1	Prasad Vishnu Shanbhag	50,000	50.00	12,500				4,68,750.00
					12.50	5,00,000.00	37.50
2	Uday Sait	50,000	100.00	30,000	25.00	12,50,000.00	75.00	22,50,000.00
3	Suhas Kale	50,000	100.00	13,000	25.00	12,50,000.00	75.00	9,75,000.00

Please find attached the disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015.

The Committee Meeting commenced at 6:30 p.m. and concluded on 7:15 p.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: 2024.07.15 KUMAR 19:16:44 +05'30'

Vaishali Parkar Kumar

Executive Director DIN: 09159108

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 55,500 fully paid up equity shares having face value of Rs. 10/- each.
4		In case of preferential issue: (i) outcome of the subscription			Upon allotment of shares, the post allotment paid-up capital stands at Rs. 4,57,52,660 consisting of equity shares of 45,75,266 Rs.10/- each. Bifurcation as follows: (a). Existing Share Capital - 45,19,766 equity shares of face value Rs. 10/- per share aggregating to Rs. 4,51,97,660/- (b). Equity Share Capital added upon Conversion of warrants –55,500 equity shares of face value Rs. 10/- per share aggregating Rs. 5,55,000/-
		(ii) issue price / allotted price (in case of convertibles),			a. Rs. 50.00 (including premium of Rs. 40.00 ) for 12,500 per convertible warrant allotted. b. Rs. 100.00 (including premium of Rs. 90.00 ) for 43,000 per convertible warrant allotted.
		(iii) Name of Allottees:				No. of Equity shares allotted 12,500 30,000 13,000 55,500
		Sr.No	Name of the Allottees		Category	No. of Equity shares allotted
		1	Prasad Vishnu Shanbhag		Non-Promoter	12,500
		2	UdaySait		Non-Promoter	30,000
		3	Suhas Kale		Non-Promoter	13,000
						55,500
5		Any cancellation or termination of proposal for issuance of securities including reasons thereof			Not Applicable