Announced Thu, 6 Aug · 18:20 IST
Rose Merc allots 2.20 lakh shares under ESOP 2024 exercise
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
+4.2%1-day move
₹62.40
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.2+1.0-0.1-1.6-2.2-2.2-2.4-2.3——
Up moveDown movePending
AI summary
Rose Merc Limited allotted 2,20,000 equity shares at Rs. 50 each (face value Rs. 10) to eligible employees under the RML ESOP 2024 scheme, raising Rs. 1.10 crore. Post-allotment, paid-up equity capital stands at Rs. 7.45 crore across 74,54,047 shares. The new shares rank equally with existing equity shares and carry no lock-in period.
Likely market impact
Minor dilution of about 3 percent from ESOP exercise. New shares have no lock-in so employees may sell soon. Company gets Rs. 1.10 crore cash.