Announced Tue, 14 Jul · 21:20 IST
Postal ballot: Rose Merc to shift to FinTech, 10Cr loan, share and warrant issues
Board & Shareholder Meetings View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹68.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.5+0.3+1.5-0.0-5.9-0.2————
Up moveDown movePending
AI summary
Rose Merc postal ballot: 7 resolutions. Key items: shift from water and energy to FinTech (Payment Aggregator, PPI); Amitkumar Singh as ED plus FinTech COO, Gavade as Independent Director; 3.5 lakh ESOPs to one staff; Rs 10 Crore loan to related party Virtual Gain Technologies at 9 percent; 3 lakh shares at Rs 90 to Zclus India (Rs 2.7 Crore) plus 6.06 lakh warrants to non-promoters (Rs 5.45 Crore). E-voting ends 13 Aug 2026.
Likely market impact
Major business pivot to FinTech; dilution via warrants and ESOPs; 10 Crore loan to related party subsidiary. Shareholders vote by 13 Aug 2026.