As per the annexure enclosed.
Price
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Rose Merc Ltd has executed a Shareholders Agreement (SHA) dated June 01, 2026 with Virtual Gain Technologies Private Limited and its promoters, Amitkumar Singh and Niti Trivedi. This follows the earlier Subscription Agreement (SSA) signed on April 24, 2026, under which Rose Merc will acquire 30.01% of the post-issue share capital of Virtual by subscribing to 4,288 equity shares at Rs. 2,332 per share, for an aggregate consideration of Rs. 1 crore. Under the SHA, Rose Merc gains the right to appoint majority directors on Virtual's board, reserved matter approvals, and anti-dilution rights. Post-completion, Amitkumar Singh (a promoter of Virtual) is proposed to be appointed as a director on Rose Merc's board. The transaction is not a related party transaction.
This is a strategic acquisition that gives Rose Merc significant control and governance rights over Virtual Gain Technologies, potentially diversifying its business interests. Shareholders should note the appointment of Virtual's promoter onto Rose Merc's board, which signals closer integration between the two companies.