Rose Merc.Limited — Capital/Financing Update 2025

Feb 11, 2025

February 11, 2025

To, The Deputy Manager Corporate Relations Department, BSE Limited Fax No: 2272 2061/41/39/37 P. J. Towers, Dalal Street, Mumbai – 400001

Ref: BSE Scrip Code: 512115 Scrip ID: ROSEMER

Subject: Statement of Deviation(s) or Variation(s) of funds for the Quarter ended on 31st December, 2024

Dear Sir/ Madam,

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ SEBI Listing Regulations ”), we enclose herewith Statement of Deviation(s) or Variation(s) for proceeds of public issue, rights issue, preferential issue, Qualified Institutions Placement (QIP) etc., for the quarter ended 31st December, 2024, as Annexure A . The said statement has been reviewed by Audit Committee at their meeting held on February 10, 2025.

Request you to take the same on your records.

.

Thanking you, Yours faithfully,

For ROSE MERC LIMITED

Digitally signed by Vaishali Vaishali Parkar Kumar Parkar Kumar Date: 2025.02.11 12:01:00 +05'30' Vaishali Parkar Kumar Executive Director DIN: 09159108

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Annexure A

STATEMENT OF DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISED

Name of listed entity	ROSE MERC LIMITED
Mode of Fund Raising	1. Others 2. Preferential Issues 3. Preferential Issues 4. Others 5. Others 6. Others
Description of mode of fund raising (Applicable in case of others is selected)	1. Conversion of Warrants into Equity Shares 2. Allotment of Equity Warrants 3. Allotment of Equity Warrants 4. Conversion of Warrants into Equity Shares 5. Conversion of Warrants into Equity Shares 6. Conversion of Warrants into Equity Shares
Date of Raising Funds	1. October 7, 2024 - Conversion of Warrants into Equity Shares 2. October 09, 2024 - Allotment of Equity Warrants 3. October 16, 2024 - Allotment of Equity Warrants 4. October 28, 2024 - Conversion of Warrants into Equity Shares 5. October 30, 2024 - Conversion of Warrants into Equity Shares 6. November 11, 2024 - Conversion of Warrants into EquityShares
Amount Raised (in Rs. Crores)	1. October 7, 2024 – Rs. 0.296 (Balance amount received towards Conversion of Warrants into Equity Shares) 2. October 09, 2024 – Rs. 0.613 (Allotment of Equity Warrants) 3. October 16, 2024 – Rs. 0.206 (Allotment of Equity Warrants) 4. October 28, 2024 – Rs. 0.733 (Balance amount received towards Conversion of Warrants into Equity Shares) 5. October 30, 2024 – Rs. 2.500 (Balance amount received towards Conversion of Warrants into Equity Shares) 6. November 11, 2024 – Rs. 0.3 (Balance amount received towards Conversion of

			Warrants into Equity Shares)
Report filed for Quarter ended			31-12-2024
Monitoring Agency			Not Applicable
Monitoring Agency Name, if applicable			-
Is there a Deviation / Variation in use of funds raised			No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders			-
If Yes, Date of shareholder Approval			-
Explanation for the Deviation / Variation			-
Comments of the Audit Committee after review			-
Comments of the auditors, if any			-
Objects for which funds have been raised and where there has been a deviation, in the following table
Original Object	Modified Object, if any	Original Allocation (in Rs. Crores)		Modified allocation, if any	Funds Utilised (in Rs. Crores)	Amount of Deviation/ Variation for the quarter according to applicable object	Remarks if any
To raise further capital in order to meet the funding and business requirements of the Company including in relation to, and for [funding the business growth, capital expenditure, expansion plans including investments in subsidiaries, exploring new initiatives, working capital, and other general corporate purposes]	NA	Rs. 0.296		NA	Rs. 0.296	NIL	NA
To raise further capital in order to meet the funding requirement	NA	Rs. 0.613		NA	Rs. 0.613	NIL	NA

for business growth and expansion which includes investments in subsidiaries and other companies/acquisition opportunities, exploring new initiatives, capital expenditure, working capital requirements, and other general corporatepurposes
To raise further capital in order to meet the funding requirement for business growth and expansion which includes investments in subsidiaries and other companies/acquisition opportunities, exploring new initiatives, capital expenditure, working capital requirements, and other general corporatepurposes	NA	Rs. 0.206	NA	Rs. 0.206	NIL	NA
To raise further capital in order to meet the funding and business requirements of the Company including in relation to, and for [funding the business growth, capital expenditure, expansion plans including investments in subsidiaries, exploring new initiatives, working capital, and other general corporate purposes]	NA	Rs. 0.733	NA	Rs. 0.733	NIL	NA
To raise further capital in order to meet the funding requirement for businessgrowth	NA	Rs. 2.500	NA	Rs. 2.500	NIL	NA

and expansion which includes investments in subsidiaries and other companies/acquisition opportunities, exploring new initiatives, capital expenditure, working capital requirements, and other general corporatepurposes
To raise further capital in order to meet the funding requirement for business growth and expansion which includes investments in subsidiaries and other companies/acquisition opportunities, exploring new initiatives, capital expenditure, working capital requirements, and other general corporatepurposes	NA	Rs. 0.3	NA	Rs. 0.3	NIL	NA

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised or

(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or

(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc.

Thanking you, Yours faithfully,

For ROSE MERC LIMITED

Digitally signed by Vaishali Vaishali Parkar Kumar Parkar Kumar Date: 2025.02.11 12:01:27 +05'30' Vaishali Parkar Kumar Executive Director DIN: 09159108