Image Source: ANI News
Rose Merc Limited’s Board of Directors, in its meeting on January 20, 2026, approved significant financial transactions, investments, divestments, and corporate restructuring. Key decisions include ratification of loans, property investment, share transfers, subscription in subsidiaries, closure of non-operational entities, appointment of a new director, and preferential issue of equity warrants.
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Rose Merc Limited announced a series of strategic approvals and corporate actions following its Board meeting held on Tuesday, January 20, 2026. The decisions reflect a mix of financial strengthening, portfolio restructuring, and governance updates aimed at positioning the company for future growth.
Key highlights from the meeting include:
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Ratification of loans worth ₹9.15 crore advanced by Emirates Holding FZ LLC to promoter Mohammed Hanif Shaikh, with approval for further loans up to ₹20 crore.
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Approval of proposed property investment up to ₹2 crore.
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Decision to sell 3,500 equity shares in Esperer Event Management Private Limited to a third party, leading to its exit as an associate company.
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Subscription to 4,800 equity shares of Abaca Care Private Limited for ₹48,000, noted as a Related Party Transaction.
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Closure of non-operational entities: Kaale and Rose Merc Advisors Private Limited, Hyderabad Sports Leagues Private Limited, and Parshuram Creative Craft Private Limited.
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Appointment of Ms. Eshwari Purvesh Shelatkar as an Additional Director effective January 20, 2026.
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Approval to issue and allot 2,41,500 equity warrants convertible into equity shares at ₹90 per share on a preferential basis to non-promoters.
Sources: Company filing with BSE, SEBI ICDR Regulations 2018.
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