Rose Merc Limited Issues Revised Allotment Outcome for 50,500 Equity Shares on May 06, 2026

Rose Merc Limited filed a revised outcome of its Allotment Committee meeting held on May 06, 2026, correcting a typographical error in the earlier disclosure pertaining to the number of warrant holders whose warrants were converted into equity shares. The revision was submitted to BSE Limited on May 07, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Except for the correction of the warrant holder count, all other details from the earlier intimation remain unchanged.

Revised Allotment Details

The Allotment Committee, constituted by the Board of Directors, approved the allotment of 50,500 fully paid-up equity shares of face value Rs.10 each, upon conversion of warrants held by 2 warrant holders. The shares were allotted at Rs.90 per share, inclusive of a premium of Rs.80 per share. Both allottees are categorised as non-promoters, with Salil Divakar Deshpande receiving 50,000 shares and Bharat Ramdas Karnik receiving 500 shares.

Sr. No.: Name of Allottee Category No. of Warrants Converted No. of Equity Shares Allotted 1 Bharat Ramdas Karnik Non-Promoter 500 500 2 Salil Divakar Deshpande Non-Promoter 50,000 50,000 Total 50,500 50,500

Capital Structure Impact

Following the allotment of 50,500 equity shares, the company's post-allotment paid-up capital stands at Rs.6,19,41,850, comprising 61,94,185 equity shares of Rs.10 each. Prior to this allotment, the existing share capital was 61,43,685 equity shares aggregating to Rs.6,14,36,850. The conversion of warrants added 50,500 equity shares amounting to Rs.5,05,000 to the equity share capital.

The committee meeting was held at the company's registered office at 15/B/4, New Sion CHS, Opp. SIES College, Behind D Mart, Sion West, Mumbai – 400022, Maharashtra, commencing at 5:45 p.m. and concluding at 6:00 p.m. The disclosure was signed by Vaishali Parkar Kumar, Managing Director (DIN: 09159108), and submitted to BSE Limited in accordance with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015.

Rose Merc Limited, a diversified BSE-listed company with interests spanning sports, media, events, fashion, and lifestyle businesses, announced on May 06, 2026, the appointment of Indian cricketer Dhruv Jurel as its Brand Ambassador. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and submitted to BSE Limited.

A Strategic Move in the Sports Ecosystem

The engagement marks a significant milestone in Rose Merc Limited's efforts to deepen its footprint in the world of cricket and align its brand identity with emerging sporting talent. Dhruv Jurel, widely regarded as one of India's most promising young cricketers, is recognized for his composure, determination, and match-winning mindset. The company highlighted that his rising stature and impactful performances make him a natural fit for its vision of aligning with excellence, ambition, and future-ready talent.

Key details of the announcement are as follows:

Parameter: Details Announcement Date: May 06, 2026 Brand Ambassador: Dhruv Jurel Announcing Company: Rose Merc Limited Regulatory Disclosure: Regulation 30, SEBI (LODR) Regulations, 2015 Company Segments: Sports, Media, Events, Fashion, Lifestyle Exchange Filed: BSE Limited

Management Commentary

Mr. Purvesh Krishna Shelatkar, Executive Director, Rose Merc Limited, commented on the development:

"Dhruv Jurel represents the fearless and focused spirit of modern Indian cricket. We are delighted to have him as our Brand Ambassador. His journey and mindset strongly resonate with our vision of growth, performance, and excellence. This engagement marks a meaningful step in strengthening our presence in the sports ecosystem."

Dhruv Jurel's Response

Dhruv Jurel also shared his perspective on the association:

"I'm glad to be associated with Rose Merc Limited as their Brand Ambassador. It's encouraging to connect with a brand that is actively contributing to the sports ecosystem and supporting athletes in their journey."

About Rose Merc Limited

Rose Merc Limited is a diversified BSE-listed company headquartered in Mumbai. The company actively supports sports development with the aim of inspiring and empowering future generations. The announcement was signed by Vaishali Parkar Kumar, Managing Director of Rose Merc Limited.

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