Rose Merc Ltd — Important, 29-01-2026: Company Update

Rose Merc's Board has approved several key decisions. The company plans to significantly alter its main business focus towards real estate and property development. Authorised Share Capital will increase from Rs. 20 Cr to Rs. 25 Cr, subject to shareholder approval. Ms. Vaishali Parkar Kumar's role changes to Managing Director & CFO. The board also sanctioned an inter-corporate loan of ₹5 Cr to its subsidiary, Navi Mumbai Premier League. Additionally, a preferential issue of 41,111 convertible Equity Warrants at ₹90 each to Promoters and Non-Promoters was approved. The company will invest ₹8 Cr for land at Lonavala, bringing total property investments to approximately ₹9.30 Cr.