Rose Merc Ltd — Important, 15-07-2026: Company Update

The company has corrected a prior board meeting outcome, updating the name of its Employee Stock Option Plan from "RML Employee Stock Option Plan 2023" to "RML Employee Stock Option Plan II 2023." Under this revised plan, 3,50,000 employee stock options have been granted to Mr. Jaymin Bipinchandra Patel, Senior Vice President – Marketing. This grant, following the Compensation Committee's input, exceeds 1% of the company's paid-up equity share capital, clarifying the details of a significant employee incentive.