ALPHA TRIBE

Rose Merc LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Sunil Kumar Manocha has acquired 1,66,667 equity shares of Rose Merc Limited through conversion of warrants issued on a preferential basis, increasing his holding to 3.21% of the total share capital and 2.70% of the diluted share capital. This allotment raised the company’s equity share capital from Rs. 5.36 crore to Rs. 5.53 crore and the total diluted capital to Rs. 6.19 crore. Manocha is not part of the promoter group. This transaction reflects an increase in public shareholding, potentially impacting the company’s shareholding pattern and investor base.

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