Rose Merc Limited's Allotment Committee approved the conversion of 50,750 warrants into equity shares on May 6, 2026.
The conversion involved three non-promoter allottees, with Salil Divakar Deshpande receiving the majority (50,000 shares).
The company's post-allotment paid-up capital increased to ₹6.19 crore, consisting of 61,94,435 equity shares of ₹10 each.