Rose Merc Limited allotted 4,21,111 convertible warrants to 9 non-promoter allottees on March 27, 2026.
Each warrant is priced at ₹90 (including ₹80 premium), with aggregate consideration not exceeding ₹3.79 crore.
25% upfront consideration of ₹94.75 lakh received; balance 75% payable prior to conversion into equity shares.
Warrants are convertible into equity shares within 18 months from allotment date, in one or more tranches.