Pursuant to Regulation 30 of SEBI(LODR)Regulation, 2015, the Notice and Annual Report of 41st Annual General Meeting of Rose Merc Limited is enclosed herewith.
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Rose Merc Ltd has informed BSE that its 41st AGM will be held on August 25, 2025 at 4:00 PM via video conferencing, with e-voting facility available from August 22-24, 2025. For FY25, the company reported a massive revenue jump of 1,390% YoY to Rs 787.1 mn, EBITDA of Rs 168.5 mn (margins expanded to 21.4%), and PAT after minority interest of Rs 58.4 mn, reflecting a 639% three-year revenue CAGR. The board has proposed a final dividend of Rs 0.12 per share (1.2% of face value). Key business resolutions include preferential allotment of 2,84,278 equity shares to non-promoters at Rs 90/share (~Rs 2.56 cr) and 2,26,000 convertible warrants at Rs 90/warrant (~Rs 2.03 cr). Other items include regularization of an independent director, appointment of a secretarial auditor for 5 years, and re-appointment of two directors by rotation. The company's portfolio expanded to 11 subsidiaries with a strategic acquisition of Emirates Holding FZ LLC driving much of the FY25 growth.
Procedurally routine but the FY25 results show a sharp turnaround on the back of the Emirates Holding acquisition. Shareholders should review the preferential allotment and warrant resolutions carefully as they will result in equity dilution if all warrants are converted.