CapitalSquare Finance Private Limited has increased its equity stake in Rose Merc Limited to 8.01% following an off-market acquisition of 166,667 shares. The transaction, completed on July 22, 2026, was executed between CapitalSquare and Mr. Sunil Kumar Satpal Manocha, marking a significant consolidation of ownership in the Mumbai-based firm. This move brings CapitalSquare’s total voting power closer to the 9% threshold that triggers further disclosure obligations under SEBI regulations, signaling continued confidence in the target company’s prospects.

The disclosure was filed with BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Geeta Manocha, Director at CapitalSquare Finance Private Limited, signed the filing on July 23, 2026, confirming the details of the share transfer. The filing explicitly states that CapitalSquare does not belong to the promoter or promoter group of Rose Merc Limited.

Transaction Details

The acquisition involved a direct transfer of equity shares carrying voting rights. Prior to this transaction, CapitalSquare held 3,33,334 shares, representing 5.33% of the total share and voting capital. The additional 166,667 shares acquired bring the total holding to 5,00,001 shares.

Capital Structure

The total equity share capital of Rose Merc Limited remains unchanged at ₹6,24,41,850, divided into 6,244,185 equity shares of ₹10 each. The total diluted share/voting capital is also stated as ₹6,24,41,850, indicating no outstanding convertible securities or warrants that would alter the voting capital upon conversion.

What the Numbers Show

The acquisition represents a precise increase in stake without any associated encumbrances or pledges. With the new holding at 8.01%, CapitalSquare Finance remains below the 9% disclosure threshold mandated by SEBI for substantial acquisitions. However, the proximity to this threshold suggests that any further accumulation of shares, even in small blocks, could trigger immediate regulatory disclosures. The absence of pledged shares indicates that the acquired stakes are held as free equity, providing flexibility for future strategic decisions or potential further accumulation.

Rose Merc Limited has completed the acquisition of a bungalow property in Lonavala, Maharashtra, for a total consideration of ₹1.30 crore. The transaction, finalized on July 17, 2026, involves a freehold immovable property acquired via a registered Sale/Conveyance Deed. This acquisition aligns with the company's objectives for strategic expansion and the creation of long-term asset value.

The acquisition follows a Board meeting held on January 20, 2026, where directors approved the purchase of immovable property for an aggregate consideration of up to ₹2,00,00,000. The final deal value of ₹1,30,00,000 is within the sanctioned limit and is consistent with the objects of the preferential issue approved by the Board and shareholders.

The property comprises non-agricultural land measuring 258.35 sq. metres, representing a 50% share of Plot No. 5 bearing Survey No. 124/2. It includes a bungalow with Municipal House No. 493, featuring a stilt plus two upper floors and a built-up area of approximately 1,721 sq. ft. The sellers for the transaction were Mr. Sachin Diwakar Deshpande and Mr. Salil Diwakar Deshpande.

Transaction Details

The company confirmed that the transaction was undertaken at arm's length and does not fall within related party transactions. Furthermore, the promoter or promoter group holds no interest in the transaction. The property has been acquired for the company's business purposes.