BSERose Merc LtdLowNeutral
Announced Sat, 20 Jun · 22:12 IST

Rose Merc allots 1.43 lakh shares under ESOP 2024 to 4 employees

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Price reaction · full curve 14 horizons · vs prior close
+11.0%1-day move
₹59.90
prior close
₹55.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.1+2.5+2.5+3.4+11.0+5.0+3.5+5.2+3.1+1.5+13.5+6.8
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AI summary

Rose Merc Ltd's Compensation Committee approved allotment of 1,43,000 equity shares (face value Rs 10) under RML ESOP 2024 on June 20, 2026. Exercise price was Rs 50 per share, bringing in Rs 71.5 lakh. Shares rank pari-passu with existing equity with no lock-in. Paid-up capital rises to 65,61,630 shares (Rs 6.56 crore). The total ESOP plan covers 40 lakh options for 4 eligible employees.

Likely market impact

Minor dilution of about 2.2 percent from ESOP exercise. No lock-in on new shares, so no overhang risk.