
Corporate Action20 Jul 2026, 05:10 pm
Rose Merc Ltd Allots 16,917 Equity Shares on Warrant Conversion
AI Summary
Rose Merc Limited's Allotment Committee has approved the allotment of 16,917 fully paid-up equity shares of face value Rs. 10 each. These shares are issued upon conversion of warrants, with Vijay Acharya and Rajesh Dilip More being the allottees. The conversion increases the company's equity share capital. The meeting was held on July 20, 2026, at the company's registered office in Mumbai. Post-allotment, the paid-up capital stands at Rs. 6,87,40,470.
Key Highlights
- Allotment of 16,917 equity shares approved.
- Shares issued upon conversion of warrants.
- Total paid-up capital increased to Rs. 6,87,40,470.
- Allotment price was Rs. 90 per share.
- Two individuals, Vijay Acharya and Rajesh Dilip More, are the allottees.
Price Impact
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