Rose Merc Ltd — Important, 14-07-2026: Company Update

Rose Merc's board approved a major strategic pivot towards FinTech. The company plans to issue 3 lakh equity shares for ₹2.70 Cr and 6.06 lakh warrants for an estimated ₹5.45 Cr, both on a preferential basis to non-promoters, pending shareholder approval. The core business objects will be updated to include Payment Aggregation and Prepaid Payment Instruments, shedding older activities like water processing. A new Executive Director and COO for the FinTech segment was appointed, alongside an Independent Director. An inter-corporate loan of ₹10 Cr was approved for a subsidiary, and 3.5 lakh employee stock options were granted to a Senior VP.