Rose Merc Approves Allotment of 1,74,445 Equity Shares

Rose Merc Limited's Allotment Committee approved the allotment of 1,74,445 fully paid-up equity shares of face value Rs. 10 each upon conversion of warrants. The conversion involved four non-promoter allottees: Amitkumar Yogendra Singh, Niti Trivedi, Vijay Acharya, and Vikas Kamlakar Phadnis. Following this allotment, the company's post-allotment paid-up capital stands at Rs. 6,41,86,300, comprising 64,18,630 equity shares. The issue price per share was Rs. 90, including a premium of Rs. 80.