Rose Merc Ltd — Important, 29-10-2025: Company Update

Rose Merc Limited issued a corrigendum to its Annual General Meeting notice, updating the purpose for a preferential issue of 284,278 Equity shares and 226,000 Warrants to Non-Promoters. The revised plan eliminates earlier proposed capital expenditure. The 4.59 Cr Rupees to be raised will now fund investments in Emirates Holding FZ LLC (2 Cr), potential acquisitions in other companies (1.5 Cr), and general corporate needs, including working capital, salaries, and various fees (1.09 Cr). Should acquisition plans not materialize, those funds will be directed to Emirates Holding. The Board supports this revised preferential issue, deeming it beneficial for the company and its members.