Rose Merc Limited Allots 27,778 Equity Shares Upon Conversion of Warrants on May 12, 2026

1 min read     Updated on 12 May 2026, 08:15 PM
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AI Summary

Rose Merc Limited's Allotment Committee approved the allotment of 27,778 fully paid-up equity shares of face value Rs. 10/- each on May 12, 2026, upon conversion of warrants issued on a preferential basis. The shares were allotted to non-promoter Vikas Pandurang Kolarkar at an issue price of Rs. 90/- per share, including a premium of Rs. 80/-. Post-allotment, the company's paid-up capital stands at Rs. 6,24,41,850, comprising 62,44,185 equity shares of Rs. 10/- each. The allotment was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Rose Merc Limited's Allotment Committee, constituted by the Board of Directors, convened on Tuesday, May 12, 2026, at the company's registered office in Sion West, Mumbai, and approved the allotment of 27,778 fully paid-up equity shares of face value Rs. 10/- each. The allotment was made pursuant to the conversion of warrants issued on a preferential basis, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The committee meeting commenced at 03.00 p.m. and concluded at 03.30 p.m.

Allotment Details

The 27,778 equity shares were allotted to a single non-promoter allottee at an issue price of Rs. 90/- per share, which includes a premium of Rs. 80/- over the face value of Rs. 10/-. The following table summarises the allotment:

Parameter: Details
Type of Securities: Equity Shares
Type of Issuance: Conversion of Equity Warrants issued on a preferential basis
Face Value: Rs. 10/- per share
Issue Price: Rs. 90/- per share (including premium of Rs. 80/-)
Total Shares Allotted: 27,778
Allottee Name: Vikas Pandurang Kolarkar
Allottee Category: Non-Promoter

Post-Allotment Capital Structure

Following the allotment, the company's paid-up capital has been revised. The table below presents the bifurcation of the post-allotment share capital:

Capital Component: Equity Shares Aggregate Amount
Existing Share Capital: 62,16,407 shares Rs. 6,21,64,070/-
Equity Shares Added (Warrant Conversion): 27,778 shares Rs. 2,77,780/-
Post-Allotment Paid-Up Capital: 62,44,185 shares Rs. 6,24,41,850/-

All equity shares allotted carry a face value of Rs. 10/- each.

Regulatory Compliance

The allotment was carried out in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015. The disclosure was submitted to the Corporate Relations Department of BSE Limited. There are no cancellations or terminations associated with this issuance.

Historical Stock Returns for Rose Merc

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%-1.97%-3.36%+5.56%+31.19%+1,695.43%

Are there additional warrants still pending conversion that could further dilute Rose Merc Limited's existing shareholders in the near future?

How might the infusion of approximately Rs. 25 lakh from this warrant conversion be deployed by Rose Merc Limited to drive business growth?

What is the strategic significance of a non-promoter entity like Vikas Pandurang Kolarkar acquiring a stake in Rose Merc Limited, and could this signal a larger investment interest?

Rose Merc Limited Continues Sponsorship of ASEAN Kenya Falcon Cup Golf Challenge; Nairobi Leg Set for June 28, 2026

2 min read     Updated on 11 May 2026, 10:16 PM
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Rose Merc Limited has disclosed its continued sponsorship and strategic association with the ASEAN Kenya Falcon Cup Golf Challenge under Regulation 30 of SEBI (LODR) Regulations, 2015. Following the successful opening leg in Dubai, UAE on February 15, 2026, the next edition of the tournament is scheduled in Nairobi, Kenya on June 28, 2026. The international inter-corporate golf tournament aims to foster corporate networking, sporting excellence, and cultural engagement across Afro-Asian nations. The association aligns with Rose Merc Limited's strategic focus on expanding its sports management and event management portfolio through international collaborations.

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Rose Merc Limited, a Mumbai-based diversified company listed on the BSE with interests spanning sports management, event management, media, and strategic partnerships, has announced its continued sponsorship and strategic association with the ASEAN Kenya Falcon Cup Golf Challenge. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was submitted to BSE Limited on May 11, 2026.

Tournament Overview and Schedule

The ASEAN Kenya Falcon Cup Golf Challenge is a premium international inter-corporate golf tournament focused on fostering corporate networking, sporting excellence, and cultural engagement across Afro-Asian nations. The key details of the tournament's progression are outlined below:

Parameter: Details
Opening Leg Location: Dubai, UAE
Opening Leg Date: February 15, 2026
Next Leg Location: Nairobi, Kenya
Next Leg Date: June 28, 2026
Tournament Focus: International inter-corporate golf
Organiser: Falcon Cup LLC-FZ

The event is designed to bring together corporate leaders, diplomats, industry professionals, golf enthusiasts, and international participants on a global platform that combines sports, business networking, luxury experiences, fashion, and cultural exchange.

Strategic Significance for Rose Merc Limited

The association reflects Rose Merc Limited's strategic focus on expanding its sports management and event management portfolio through international collaborations and partnerships across multiple sporting disciplines. The company operates across event management, sports management, spiritual media, B2C products, and financial consulting, and is actively expanding its footprint in sports through partnerships in cricket, golf, and other disciplines.

Leadership Perspectives

Senior representatives from both organisations shared their views on the partnership:

Mr. Vijay Acharya, Founder & CEO, Falcon Cup LLC-FZ, stated:

"We are thrilled to have Rose Merc Ltd as our strategic partner and sponsor for ASEAN Kenya Falcon Cup Golf Challenge. Their support has been instrumental in expanding this platform across borders. Together, we are creating a world-class tournament that not only celebrates golf but also builds lasting connections between corporate leaders in the Afro-Asian corridor. The journey from Dubai to Nairobi marks an important milestone in our vision of global excellence."

Ms. Vaishali Parkar Kumar, Managing Director, Rose Merc Limited, commented:

"At Rose Merc Ltd., we are proud to represent India on the global stage through our association with diverse sporting platforms across the world. Sports have the unique power to connect people, cultures, and opportunities, and our support for the ASEAN Kenya Falcon Cup Golf Challenge reflects our commitment to promoting international sporting excellence and strengthening global relationships through sport."

Mr. Purvesh Shelatkar, Executive Director, Rose Merc Limited, added:

"At Rose Merc Ltd, we believe sports transcend boundaries and create powerful opportunities for growth and collaboration. Being a sponsor of ASEAN Kenya Falcon Cup Golf Challenge reflects our commitment to promoting international sporting events that bring together talent, culture, and corporate excellence. We are excited to support this journey from Dubai to Kenya and look forward to many more successful editions that strengthen Afro-Asian ties."

About Rose Merc Limited

Rose Merc Limited is a Mumbai-based diversified company listed on the BSE. The company operates across event management, sports management, spiritual media, B2C products, and financial consulting. Rose Merc Limited continues to strengthen its presence within the sports and events ecosystem through strategic partnerships and international collaborations across multiple sporting disciplines.

For more information, visit: www.rosemerc.in | www.falconcupllc.com

Historical Stock Returns for Rose Merc

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%-1.97%-3.36%+5.56%+31.19%+1,695.43%

How might Rose Merc Limited's sponsorship of the ASEAN Kenya Falcon Cup Golf Challenge translate into measurable revenue growth or new business contracts within its sports management segment?

Could the Afro-Asian corporate networking platform created by this tournament open doors for Rose Merc Limited to secure additional sponsorships or partnerships in African and Southeast Asian markets?

What future legs or expansion cities beyond Dubai and Nairobi is the Falcon Cup LLC-FZ considering, and how might that affect the scale of Rose Merc Limited's financial commitment?

More News on Rose Merc

1 Year Returns:+31.19%