Vaishali Parkar Kumar has acquired 1,90,000 equity shares of Rose Merc through an Employee Stock Option Plan (ESOP) allotment. The acquisition raises her total holding to 6,65,000 shares, representing 8.61% of the company’s voting capital.

The allotment was executed between June 20, 2026, and August 24, 2026. Kumar is not part of the promoter group.

Acquisition Details

Kumar held 4,75,000 shares (6.30% of voting capital) prior to this transaction. The new allotment adds 1,90,000 shares, increasing her diluted shareholding from 5.76% to 8.07%.

Regulatory Disclosure

The company filed the disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with BSE Limited on August 26, 2026. The total equity share capital of Rose Merc Ltd increased from 75,36,047 to 77,26,047 following the issuance.

Rose Merc Limited received a fine of ₹2,14,760 from BSE Limited for non-compliance with SEBI Listing Regulations regarding the constitution of its Nomination and Remuneration Committee.

The exchange imposed the penalty on August 25, 2026, citing violations under Regulation 19(1) and 19(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The breach pertains to the quarter ended June 30, 2026.

Penalty Breakdown

The total fine comprises a basic penalty plus applicable Goods and Services Tax (GST). The company must remit the amount within 15 days of the communication date to avoid further action, including potential freezing of promoter shareholding.

Corporate Response

Rose Merc Limited disclosed the matter under Regulation 30 of the SEBI LODR Regulations on August 26, 2026. The company stated that the fine is not expected to have a material impact on its financial or operational activities.

Management confirmed it will take appropriate steps to ensure compliance with the applicable provisions. The issue will be placed before the Board of Directors at its ensuing meeting for review and necessary approvals.