Rose Merc Limited has granted 20,000 stock options to three eligible employees under its RML Employee Stock Option Plan II 2023. The Compensation Committee approved the grant at a meeting held on June 23, 2026. Each option entitles the holder to apply for one equity share of the company with a face value of Rs 10.

The exercise price for the options is fixed at Rs 70 per option. The scheme is compliant with the SEBI (SBEBSE) Regulations, 2021. The options will vest at the completion of one year from the date of the grant.

Following vesting, the options can be exercised either wholly or partly within an overall exercise period of four years from the date of respective vesting. The Compensation Committee retains the authority to modify this exercise period.

The plan is administered by the company's Compensation Committee and includes provisions for handling options in cases of death, permanent incapacity, resignation, termination, or retirement. Adjustments to the number of options will be made in the event of corporate actions such as rights issues, bonus issues, share splits, consolidations, mergers, or reorganizations.

Equity shares allotted upon the exercise of these stock options will not be subject to any lock-in period. These shares will rank pari-passu with existing equity shares from the date of allotment.

Rose Merc Limited accepted the resignation of Abhijeet Tipnis as an Independent Director effective June 16, 2026. Tipnis stepped down due to his inability to devote the necessary time and attention to discharge his responsibilities effectively, citing professional and personal commitments. The company confirmed that there are no other material reasons for his resignation and that he holds no concerns regarding the management, operations, policies, or affairs of the company.

The resignation was communicated to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed that Tipnis does not hold directorships in any other listed entities. The Managing Director, Vaishali Parker Kumar, signed the regulatory filing on June 17, 2026.

Resignation Details

The following table outlines the key particulars of the director's cessation:

Tipnis confirmed that he does not have any concerns requiring disclosure to shareholders or regulatory authorities. He expressed appreciation to the Board, management, and employees for their support during his tenure.