Rose Merc.Limited — Capital/Financing Update 2024

May 9, 2024

Date: 9[th] May, 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,

We wish to inform you that the meeting of the Allotment Committee constituted by the Board of Directors of the Company was held today on, i.e., Thursday, 9[th] May, 2024 at 4:00 P.M. and concluded on 6:45 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 2,43,000 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 Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (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 Postal Ballot on 15[th] April, 2024 had approved issue of 4,70,250 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 4,70,250 warrants from BSE on 25[th] April,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	Manjiri Sanjeev Latkar	70,000	Non- Promoter
2	Sumant Bhargav Ghaisas	38,000	Non- Promoter
3	Varsha S Ghaisas	32,000	Non- Promoter
4	Neelam Prem Singh Soni	21,000	Non- Promoter
5	Sunil Gajanan Nanal	20,000	Non- Promoter
6	Shahalam Shaikh	15,000	Non- Promoter
7	Aashi Shahalam Shaikh	15,000	Non- Promoter
8	Mukund ShivaramBiwalkar	10,000	Non- Promoter
9	Mitali MukundBiwalkar	10,000	Non- Promoter
10	Jaymin Bipinchandra Patel	8,000	Non- Promoter
11	Anjaladevi Sendhil	2,000	Non- Promoter
12	Laxmi Nagesh Nitur	2,000	Non- Promoter
	Total	2,43,000

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 2,43,000 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

VAISHALI Digitally signed by VAISHALI PARKAR PARKAR KUMAR Date: 2024.05.09 KUMAR 18:49:55 +05'30'

Vaishali Parkar Kumar Executive Director DIN: 09159108