Intimation for Allotment of 13000 Equity Shares upon exercise of stock options under "RML Employee Stock Option Plan II, 2023".
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Rose Merc Ltd has allotted 13,000 equity shares to eligible employees who exercised their stock options under the RML Employee Stock Option Plan II, 2023. The shares were issued at an exercise price of Rs. 150 each (face value Rs. 10, premium Rs. 140), bringing in Rs. 19.50 lakh to the company. As a result, the total paid-up equity share capital has increased to Rs. 5,99,08,240, consisting of 59,90,824 equity shares. The newly allotted shares rank equally with existing shares and are not subject to any lock-in period. The filing is a routine disclosure under SEBI's listing and share-based benefit regulations.
This is a minor, routine ESOP allotment with negligible dilution (about 0.02% of total shares). It should have no meaningful impact on share price or existing shareholders.