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

Rose Merc's Board has approved several key actions, pending shareholder approval. This includes increasing the Authorised Share Capital from ₹20 Cr to ₹25 Cr and altering the Memorandum of Association's object clause to prioritize property business. Ms. Vaishali Parkar Kumar's designation was changed to Managing Director & CFO. The company also extended an unsecured inter-corporate loan of ₹5 Cr to its subsidiary NMPL. Additionally, the Board approved issuing 41,111 equity warrants at ₹90 each, totaling ₹36.99 lakh, to promoters and non-promoters. A new property investment of up to ₹8 Cr for land at Lohgad, Lonavala, was also approved, bringing total property investment to approximately ₹9.30 Cr.