Rose Merc.Limited — Capital/Financing Update 2024

Jan 25, 2024

Date: 25[th] January, 2024

To,

The Corporate Relations Department, BSE Limited, P] Tower, Dalal Street, Fort, Mumbai-400001

BSE Scrip Code: 512115Scrip ID: ROSEMER

• Sub: 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. Thursday , 25th January 2024 at 1.00 P.M. and concluded on 1.30 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, Maharashtra, inter alia, has considered and approved the allotment of 1,52,766 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.)	Amount already received at the time of issue of warrants i.e. 25% of the total conversion money (In Rs.)	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 (In Rs.)	Amount received for the conversion of warrant into equity i.e. 75% of the balance conversion money (In Rs.)
1	Nanak Singh Ajmani (HUF)	1,00,000	50.00	12,50,000.00	66,666	24,99,975.00	24,99,975.00
2	Rajen Hemchand Gada	80,000	50.00	10,00,000.00	35,000	13,12,500.00	13,12,500.00
3	Suhas Kale	50,000	100.00	12,50,000.00	10,000	7,50,000.00	7,50,000.00

Sr No.	Name of Allottees	Total No. of warrants issued	Issue price Per Warrants (In Rs.)	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 issueprice	Amount received for the conversion of warrant into equity i.e. 75% of the balance conversion money
4	Vijaykumar Gaurat	5,000	100.00	1,25,000.00	5,000	3,75,000.00	3,75,000.00
5	Tony Lalchand Nawani	5,000	100.00	1,25,000.00	5,000	3,75,000.00	3,75,000.00
6	Atul Jain	50,000	100.00	12,50,000.00	31,100	23,32,500.00	23,32,500.00
	Total	2,90,000		50,00,000.00	1,52,766	76,44,975.00	76,44,975.00

The Committee Meeting commenced at 1.00p.m. and concluded on 1.30 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: 2024.01.25 KUMAR 13:33:09 +05'30'

Vaishali Parkar Kumar Executive Director DIN: 09159108

Annexure A

Sr. No	Particulars	Details
1	Type of securities proposed to be issued (viz. equityshares,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 allotted1,52,766fully 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 – 4,36,42,660 consisting of equity shares of 43,64,266 Rs.10/-each. Bifurcation as follows: (a) Existing Share Capital – 42,11,500 equity shares of face value Rs. 10/- per share aggregating to Rs.- 4,21,15,000 /- (b) Equity Share Capital added upon Conversion of warrants -1,52,766equity shares of face value Rs. 10/- per share aggregating Rs.-1,52,76,660/
	(ii) issue price / allotted price (in case of convertibles),	a. Rs. 50.00 (including premium of Rs. - 40.00 ) for 1,01,666 per convertible warrant allotted. b.Rs. 100.00 (including premium of Rs. - 90.00 ) for 51,100 per convertible warrant allotted.

								Post issue percentage (%) 1.53% 1.83% 0.23% 0.11% 0.11% 0.71% 4.52%
			(ii)	Name of Allottees:				Post issue percentage (%) 1.53% 1.83% 0.23% 0.11% 0.11% 0.71% 4.52%
			Sr.no	Name of the Allottees	Category		No. of equity shares issued upon conversion of equivalent no. of convertible warrants	Post issue percentage (%)
			1	Nanak Singh Ajmani (HUF)	Non-Promoter		66,666	1.53%
			2	Rajen Hemchand Gada	Non-Promoter		35,000	1.83%
			3	Suhas Kale	Non-Promoter		10,000	0.23%
			4	Vijaykumar Gaurat	Non-Promoter		5,000	0.11%
			5	Tony Lalchand Nawani	Non-Promoter		5,000	0.11%
			6	Atul Jain	Non-Promoter		31,100	0.71%
				Total			1,52,766	4.52%
	5		Any cancellation or termination of proposal for issuance of securities including reasons thereof			Not Applicable