Rose merc Limited has forged a strategic partnership with Indian cricketer and Rajasthan Royals captain Riyan Parag, marking a significant step in the company's sports branding initiatives. The collaboration, announced on March 19, 2026, will see the company's logo prominently displayed on the back of Parag's cricket bat during matches and broadcasts.

Partnership Details

The partnership represents a contemporary approach to sports branding, integrating seamlessly with the athlete's performance while maintaining strong brand recall for audiences. The logo placement on Parag's cricket bat will provide high visibility during live broadcasts and various media platforms, offering the BSE-listed company extensive exposure across cricket viewership.

Management Commentary

Executive Director Purvesh Krishna Shelatkar expressed enthusiasm about the association, stating the company is "delighted to associate ourselves with an athlete like Riyan Parag, who embodies qualities like confidence, consistency, and forward-thinking in his approach to cricket." He emphasized that this partnership aligns with the company's endeavor to create meaningful visibility in cricket while supporting cricket talent at various levels.

Riyan Parag highlighted the shared vision, commenting that "What resonates with me about Rose Merc is their clear intent to strengthen the larger sports ecosystem." He noted that the partnership supports the broader goal of inspiring people to stay active and participate in sports.

Strategic Alignment

This collaboration strengthens Rose Merc Limited's presence in cricket and complements the company's existing sports activities, including associations with Shivaji Park Gymkhana and Navi Mumbai Premier League. The partnership reflects the company's strategy of engaging with emerging talent in sports to establish itself as a long-term player in the sports ecosystem.

Company Profile

Rose Merc Limited operates as a diversified enterprise with interests spanning sports, fashion, media, events, and lifestyle sectors. The company actively supports sports development, particularly grassroots cricket initiatives, with the objective of inspiring and empowering future generations. The partnership with Parag represents part of the company's continued focus on strengthening its sports ecosystem presence through strategic brand associations.

Rose merc Limited has successfully allotted 13,000 equity shares to employees under its Employee Stock Option Plan, marking a significant milestone in the company's employee incentive program. The allotment was approved by the Compensation Committee on March 16, 2026, pursuant to the RML Employee Stock Option Plan II, 2023.

Share Allotment Details

The company allotted 13,000 equity shares with a face value of Rs. 10 each to grantees who exercised their stock options under the ESOP scheme. The shares were issued at an exercise price of Rs. 150 per share, generating total proceeds of Rs. 19.50 lakh for the company.

Impact on Share Capital

Following the allotment, Rose Merc Limited's equity structure has been enhanced. The newly issued shares rank pari-passu with existing equity shares in all respects, providing equal rights and benefits to the holders.

ESOP Scheme Framework

The RML Employee Stock Option Plan II, 2023 was designed as a comprehensive employee incentive program. Under this scheme, the company initially granted 21.95 lakh stock options to 5 eligible employees, demonstrating its commitment to employee participation in the company's growth.

Key ESOP Features:

• Vesting Period: Options vest after completion of one year from the grant date
• Exercise Window: Options can be exercised within four years of vesting
• Administration: Managed by the company's Compensation Committee
• Regulatory Compliance: Fully compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

Regulatory Compliance

The allotment has been conducted in full compliance with regulatory requirements. The company filed the necessary disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the initial ESOP filing was made with BSE on August 11, 2023.

The newly allotted shares are not subject to any lock-in restrictions and will be available for trading immediately upon listing. The company has confirmed that all procedural requirements have been met, ensuring smooth integration of the new shares into the existing equity structure.