Rose Merc Limited Allots 12,000 Equity Shares Under Employee Stock Option Plan
Rose Merc Limited has approved the allotment of 12,000 equity shares under its RML Employee Stock Option Plan II, 2023. The shares have a face value of Rs. 10.00 and an exercise price of Rs. 150.00 per share. This allotment increases the company's total issued share capital to Rs. 5,94,28,240, with a new total of 59,42,824 issued shares. The newly allotted shares will rank pari-passu with existing equity shares.

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Rose Merc Limited , a company listed on the Bombay Stock Exchange, has taken a step to enhance employee engagement and align interests with shareholders. The company's Compensation Committee has approved the allotment of 12,000 equity shares under its RML Employee Stock Option Plan II, 2023.
Key Details of the ESOP Allotment
| Aspect | Details |
|---|---|
| Number of Shares Allotted | 12,000 |
| Face Value per Share | Rs. 10.00 |
| Exercise Price per Share | Rs. 150.00 |
| New Total Issued Share Capital | Rs. 5,94,28,240 |
| New Total Issued Shares | 59,42,824 |
This move represents a strategic decision by Rose Merc Limited to incentivize and retain key talent while potentially boosting productivity and loyalty among its workforce.
Impact on Share Capital
The allotment has resulted in an increase in the company's total issued and paid-up equity share capital. The new share count stands at 59,42,824 equity shares, each with a face value of Rs. 10.00. The newly allotted shares will rank pari-passu with the existing equity shares of the company.
Conclusion
Rose Merc Limited's implementation of the Employee Stock Option Plan II, 2023 demonstrates a strategic approach to human capital management. By offering equity participation to employees, the company aims to foster a sense of ownership and potentially drive improved performance. This allotment reflects the company's commitment to aligning employee interests with overall company performance and shareholder value.
Historical Stock Returns for Rose Merc
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.43% | -0.08% | +0.22% | +25.29% | -44.92% | +1,620.43% |










































