Rose Merc Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2025 ,inter alia, to consider and approve Inter-alia matters as attached herewith.
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Rose Merc Ltd has informed BSE about a Board of Directors meeting scheduled for Wednesday, July 30, 2025 at its registered office in Mumbai. The key agenda item is to consider a proposal for issuing equity shares, warrants, and/or other securities through a preferential issue or any other permissible mode, in cash or otherwise, subject to applicable approvals. The Board will also approve the notice for the 41st Annual General Meeting of the company. The filing was made under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements. No specific pricing, investor names, or issue size details have been disclosed yet.
This is a prior intimation of a potential capital-raising move via preferential issue, which could lead to equity dilution for existing shareholders if approved. Investors should watch for the post-meeting outcome on July 30 for confirmed details on the size, price, and structure of the proposed issuance.