Rose Merc.Limited — Capital/Financing Update 2024

Apr 23, 2024

Date: 23rd April, 2024

==> picture [560 x 160] intentionally omitted <==

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. Tueday , 23rd April, 2024 at 5.00 P.M. and concluded on 6.00 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 73,000 fully paid-up equity shares of the face value of Rs. 10/- each upon conversion of warrants as follows:

==> picture [560 x 158] intentionally omitted <==

									Amount received for the conversion of warrant into equity i.e. 75% of the balance conversion money (In Rs.) 4,68,750.00 4,68,750.00 9,37,500.00 750,000.00 2,25,000.00
	Sr No.	Name of Allottees	Total No. of warrants issued Issue price Per Warrants (In Rs.)		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	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	Amount received for the conversion of warrant into equity i.e. 75% of the balance conversion money
					(In Rs.)	(In Rs.)		(In Rs.)
	1	Anita Jain	40,000 50.00		12.50	5,00,000.00	12,500	4,68,750.00	4,68,750.00
	2	Nishank Jain	40,000 50.00		12.50	5,00,000.00	12,500	4,68,750.00	4,68,750.00
	3	Sonu Surjit Vasan	80,000 50.00		12.50	10,00,000.00	25,000	9,37,500.00	9,37,500.00
	4	Aditi Natwar Daga	20,000 50.00		12.50	2,50,000.00	20,000	750,000.00	750,000.00
	5	Renu Khatri	15,000	100.00	25.00	3,75,000.00	3,000	2,25,000.00	2,25,000.00

The Committee Meeting commenced at 5.00 P.M. and concluded on 6.00 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: 2024.04.23 KUMAR 18:08:31 +05'30'

Vaishali Parkar Kumar Executive Director DIN: 09159108

Annexure A

					Details Equity shares Conversion of Equity Warrants issued on preferential basis. Total number of securities allotted 73,000 fully paid up equity shares having face value of Rs.10/-each. Upon allotment of shares, the post allotment paid-up capital stands at Rs – 4,50,47,660 consisting of equity shares of 45,04,766 Rs.10/-each. Bifurcation as follows: (a) Existing Share Capital - 44,31,766 equity shares of face value Rs. 10/- per share aggregating to Rs.- 4,43,17,660/- (b) Equity Share Capital added upon Conversion of warrants – 73,000 equity shares of face value Rs. 10/- per share aggregating Rs.- 7,30,000/- a.Rs. 50.00 (including premium of Rs. - 40.00 ) for 70,000 per convertible warrant allotted. b.Rs. 100.00 (including premium of Rs. - 90.00 ) for 3,000 per convertible warrant allotted. Category No. of warrants allotted Non-Promoter 12,500 Non-Promoter 12,500 Non-Promoter 25,000 Non-Promoter 20,000 Non-Promoter 3,000 73,000 Not Applicable	Details Equity shares Conversion of Equity Warrants issued on preferential basis. Total number of securities allotted 73,000 fully paid up equity shares having face value of Rs.10/-each. Upon allotment of shares, the post allotment paid-up capital stands at Rs – 4,50,47,660 consisting of equity shares of 45,04,766 Rs.10/-each. Bifurcation as follows: (a) Existing Share Capital - 44,31,766 equity shares of face value Rs. 10/- per share aggregating to Rs.- 4,43,17,660/- (b) Equity Share Capital added upon Conversion of warrants – 73,000 equity shares of face value Rs. 10/- per share aggregating Rs.- 7,30,000/- a.Rs. 50.00 (including premium of Rs. - 40.00 ) for 70,000 per convertible warrant allotted. b.Rs. 100.00 (including premium of Rs. - 90.00 ) for 3,000 per convertible warrant allotted. Category No. of warrants allotted Non-Promoter 12,500 Non-Promoter 12,500 Non-Promoter 25,000 Non-Promoter 20,000 Non-Promoter 3,000 73,000 Not Applicable
	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 73,000 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 – 4,50,47,660 consisting of equity shares of 45,04,766 Rs.10/-each. Bifurcation as follows: (a) Existing Share Capital - 44,31,766 equity shares of face value Rs. 10/- per share aggregating to Rs.- 4,43,17,660/- (b) Equity Share Capital added upon Conversion of warrants – 73,000 equity shares of face value Rs. 10/- per share aggregating Rs.- 7,30,000/-
			(ii)	issue price / allotted price (in case of convertibles),	a.Rs. 50.00 (including premium of Rs. - 40.00 ) for 70,000 per convertible warrant allotted. b.Rs. 100.00 (including premium of Rs. - 90.00 ) for 3,000 per convertible warrant allotted.
			(iii)	Name of Allottees:		No. of warrants allotted 12,500 12,500 25,000 20,000 3,000 73,000
			Sr.no	Name of the Allottees	Category	No. of warrants allotted
			1	Anita Jain	Non-Promoter	12,500
			2	Nishank Jain	Non-Promoter	12,500
			3	Sonu Surjit Vasan	Non-Promoter	25,000
			4	AditiNatwar Daga	Non-Promoter	20,000
			5	Renu Khatri	Non-Promoter	3,000
						73,000
	5		Any cancellation or termination of proposal for issuance of securities including reasons thereof		Not Applicable