Rose Merc Ltd — Board Meeting, 30-07-2025: Board Meeting

Rose Merc Limited's Board has approved a preferential issue of 24,222 equity shares at Rs. 90 per share and 40,000 convertible equity warrants at Rs. 90 per share. These are being issued to non-promoters for cash consideration, pending shareholder approval at the 41st Annual General Meeting. This capital raise aims to infuse funds into the company. Warrant holders will pay 25% upfront, with the remaining balance due upon conversion within 18 months. This strategic move is poised to strengthen the company's financial position and support its operational growth.