Rose Merc Ltd — Important, 12-05-2026: Company Update
12-05-2026 · 05:04 pm
Rose Merc Limited's Allotment Committee has approved the issuance of 27,778 fully paid-up equity shares, each with a face value of Rs. 10. These shares were allotted to Vikas Pandurang Kolarkar upon conversion of warrants at an issue price of Rs. 90 per share. This process formalizes a prior commitment, increasing the company's paid-up capital by Rs. 0.02778 Cr, bringing the total to Rs. 6.24 Cr, comprising 62.44 lakh equity shares. This indicates a successful capital infusion, strengthening the company's equity base.
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