Rose Merc Limited's Board of Directors conducted a comprehensive meeting on December 12, 2025, approving multiple strategic initiatives including equity warrant issuance, employee stock options, and corporate restructuring measures. The meeting, held from 4:00 PM to 5:20 PM, addressed several key business decisions subject to regulatory compliance under SEBI regulations.

Equity Warrants Issuance Details

The board approved the preferential issuance of equity warrants to non-promoter investors, subject to member approval through postal ballot. The comprehensive warrant structure demonstrates the company's capital raising strategy:

The warrants will be convertible into equivalent fully paid-up equity shares, with investors having the flexibility to convert in one or more tranches within the specified timeframe.

Employee Stock Option Plan Grant

The board sanctioned a significant ESOP grant under the RML Employee Stock Option Plan 2024, exceeding 1% of the company's paid-up equity share capital:

The grant was recommended by the Compensation Committee and reflects the company's commitment to incentivizing key personnel across its subsidiary operations.

Strategic Acquisitions and Partnerships

Rose Merc Limited entered into multiple strategic agreements to expand its business portfolio:

• Virtual Gain Technologies: Execution of non-binding Letter of Intent for acquiring 30% equity stake in Virtual Gain Technologies Private Limited
• Alpha Investment Capital: Subsidiary Emirates Holding FZ LLC signed non-binding LOI for 30% equity stake acquisition in Alpha Investment Capital FZ LLC, UAE
• Cricket Academy Sponsorship: Three-year sponsorship agreement with Shivaji Park Gymkhana for SPG Rose Merc Cricket Academy, training talented cricketers aged 12-18 and women's cricket team under President Pravin Amre's leadership

Corporate Restructuring Initiatives

The board identified two associate companies as inoperational and proposed complete closure or exit strategies:

• Esperer Event Management Private Limited
• Parshuram Creative Craft Private Limited

These restructuring measures align with the company's focus on operational efficiency and resource optimization across its business portfolio.

Regulatory Compliance and Documentation

All approved measures comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and related master circulars. The equity warrant issuance follows SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, ensuring adherence to preferential allotment guidelines and pricing mechanisms as determined by regulatory frameworks.

Rose Merc Limited has announced a strategic partnership between its subsidiary Outcry Media Solutions Private Limited and The Lalit Mumbai to host Mumbai's biggest New Year's Eve celebration for 2025-2026. This collaboration marks the 8th consecutive year of the event at the same prestigious venue, demonstrating the sustained success of this large-scale entertainment initiative.

Event Scale and Venue Capacity

The celebration will accommodate over 5,000 guests across multiple curated zones at The Lalit Mumbai. The venue's comprehensive facilities make it one of the rare locations in Mumbai capable of hosting an event of this magnitude.

Pricing Structure and Offerings

The event offers a comprehensive range of options catering to different budget segments and celebration preferences. The BLING NYE experience provides various access levels to accommodate diverse guest requirements.

Company Leadership Statements

Vaishali Parkar Kumar, Executive Director and Chief Financial Officer of Rose Merc Limited, emphasized the company's commitment to creating memorable experiences. She highlighted how Outcry Media Solutions has consistently maintained quality, innovation, and guest satisfaction standards while building strong industry relationships and PR visibility through large-scale New Year events.

Saurabh Chaudhary, Director of Outcry Media Solutions Private Limited, expressed pride in hosting Mumbai's biggest New Year celebration for the 8th consecutive year. He emphasized the company's focus on high-quality production, meticulous planning, and world-class entertainment delivery, noting that this year's BLING NYE edition is set to be the most spectacular yet.

Strategic Business Impact

The partnership represents Rose Merc Limited's continued focus on supporting large-format experiential events and strengthening brand connectivity. The collaboration enhances public relations visibility through valued industry associations and demonstrates the company's strategic communication initiatives in the entertainment sector.

About the Partners

Outcry Media Solutions operates as a premier event experience agency specializing in high-scale commercial events, New Year celebrations, corporate shows, and entertainment productions. The company has established a track record of managing some of India's biggest NYE events and continues to redefine the experiential entertainment landscape.

The Lalit Mumbai serves as one of India's most iconic luxury hospitality destinations, offering world-class banqueting spaces, premium accommodation, and exceptional culinary experiences. With capacity to host 5,000+ guests across multiple zones and 350+ rooms, it represents one of the largest and most versatile venues for New Year celebrations in Mumbai.