BSEROSE MERC.LTD.LowNeutral
Announced Wed, 5 Aug · 17:09 IST

Corrigendum to Postal Ballot Notice on preferential share and warrant issue

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

Rose Merc has issued a corrigendum to its July 14 Postal Ballot Notice, updating the pre and post-issue shareholding pattern for Items 6 and 7. These items cover a preferential issue of 3,00,000 equity shares and 6,06,111 convertible warrants for cash. Pre-issue equity stands at 62,16,407 shares, rising to 77,63,241 shares assuming full warrant conversion. Remote e-voting runs from July 15, 9 AM to August 13, 5 PM. Members who already voted may revise their votes by emailing the Scrutinizer by August 13.

Likely market impact

Procedural update to shareholder vote. No change to voting deadline; existing votes on Items 6 and 7 stay valid but members can revise.