Rose Merc Limited Issues Revised Allotment Outcome for 50,500 Equity Shares on May 06, 2026
Rose Merc Limited filed a revised allotment committee outcome for its May 06, 2026 meeting, correcting a typographical error in the number of warrant holders. A total of 50,500 fully paid-up equity shares of face value Rs.10 each were allotted at Rs.90 per share to 2 non-promoter warrant holders — Salil Divakar Deshpande (50,000 shares) and Bharat Ramdas Karnik (500 shares). Following the allotment, the company's paid-up capital stands at Rs.6,19,41,850, comprising 61,94,185 equity shares.

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Rose Merc Limited filed a revised outcome of its Allotment Committee meeting held on May 06, 2026, correcting a typographical error in the earlier disclosure pertaining to the number of warrant holders whose warrants were converted into equity shares. The revision was submitted to BSE Limited on May 07, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Except for the correction of the warrant holder count, all other details from the earlier intimation remain unchanged.
Revised Allotment Details
The Allotment Committee, constituted by the Board of Directors, approved the allotment of 50,500 fully paid-up equity shares of face value Rs.10 each, upon conversion of warrants held by 2 warrant holders. The shares were allotted at Rs.90 per share, inclusive of a premium of Rs.80 per share. Both allottees are categorised as non-promoters, with Salil Divakar Deshpande receiving 50,000 shares and Bharat Ramdas Karnik receiving 500 shares.
| Sr. No.: | Name of Allottee | Category | No. of Warrants Converted | No. of Equity Shares Allotted |
|---|---|---|---|---|
| 1 | Bharat Ramdas Karnik | Non-Promoter | 500 | 500 |
| 2 | Salil Divakar Deshpande | Non-Promoter | 50,000 | 50,000 |
| Total | 50,500 | 50,500 |
Capital Structure Impact
Following the allotment of 50,500 equity shares, the company's post-allotment paid-up capital stands at Rs.6,19,41,850, comprising 61,94,185 equity shares of Rs.10 each. Prior to this allotment, the existing share capital was 61,43,685 equity shares aggregating to Rs.6,14,36,850. The conversion of warrants added 50,500 equity shares amounting to Rs.5,05,000 to the equity share capital.
The committee meeting was held at the company's registered office at 15/B/4, New Sion CHS, Opp. SIES College, Behind D Mart, Sion West, Mumbai – 400022, Maharashtra, commencing at 5:45 p.m. and concluding at 6:00 p.m. The disclosure was signed by Vaishali Parkar Kumar, Managing Director (DIN: 09159108), and submitted to BSE Limited in accordance with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015.
Historical Stock Returns for Rose Merc
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +11.92% | +14.29% | +6.18% | +14.00% | +34.20% | +1,835.48% |
Are there additional warrants outstanding that could be converted into equity shares, and what would be the potential dilution impact on existing shareholders?
How might the infusion of approximately Rs. 45.45 lakh from this warrant conversion be deployed by Rose Merc Limited to drive future business growth?
What is the lock-in period for the newly allotted shares held by the non-promoter allottees, and could their eventual sale create selling pressure on the stock?


































