Nature of the Event
Rose Merc Limited has made a regulatory disclosure regarding the allotment of equity shares pursuant to the exercise of employee stock options under its RML Employee Stock Option Plan - 2024. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Quantitative Figures
- Number of equity shares allotted: 3,60,000 (Three Lakh Sixty Thousand)
- Face value per share: ₹10
- Total money realized by exercise of options: ₹1,80,00,000 (One Crore Eighty Lakhs)
- Exercise price per option: ₹50
- Premium per share: ₹40
- Total issued shares after this issue: 72,34,047
- Total issued share capital after this issue: ₹7,23,40,470
- Distinctive number range of shares: 6874048 to 7234047
- ISIN Number: INE649C01012
Dates of Action
- Compensation Committee meeting date: July 20, 2026
- Date of issue of shares: July 20, 2026
- Original ESOP scheme filing date: November 26, 2024
Parties Involved
- Regulatory body: Bombay Stock Exchange Limited
- Committee: Compensation Committee of the Company
- Signatories: Vaishali Parkar Kumar (Managing Director, DIN: 09159108) and Dharini Bhushankumar Kadakia (Company Secretary, Membership No: A76992)
ESOP Scheme Details
- Scheme name: RML Employee Stock Option Plan - 2024 (RML ESOP - 2024)
- Total options granted: 40,00,000 (Forty Lakhs) to 4 eligible employees
- Each stock option is convertible into one fully paid-up equity share of ₹10 face value
- Vesting period: 1 year from date of grant
- Exercise period: 4 years from date of vesting
- Options exercised in this tranche: 3,60,000
- Options lapsed: Not applicable
- Variation of terms: Not applicable
Significant Terms of ESOP
- In case of death, permanent incapacity, resignation, termination, or retirement, specific provisions apply as per the scheme
- Requisite adjustments will be made for corporate actions such as rights issue, bonus issue, stock split, consolidation, merger, amalgamation, or sale of division/undertaking
- Equity shares allotted pursuant to exercise of stock options are not subject to lock-in
- ESOP shares rank pari passu with all other equity shares of the company from date of allotment
Capital Structure Impact
- Pre-allotment share capital: Not explicitly stated
- Post-allotment share capital: ₹7,23,40,470 consisting of 72,34,047 equity shares of ₹10 each
- The new shares rank pari-passu with existing equity shares in all respects
Additional Information
- Company registered office: 15/B/4, New Sion Chs, Swami Vallabhdas Road, Opp SIES College, Behind Dmart Store, Sion West, Mumbai 400022
- Shares listed on: BSE
- No listing fees payable for this issuance