Rose Merc Ltd — Important, 02-03-2026: Company Update

Shareholders of ROSE MERC LIMITED have approved key strategic changes. Ms. Eshwari Purvesh Shelatkar is now an Executive Director, bringing marketing and strategic experience, and is related to an existing director. Ms. Vaishali Parkar Kumar's designation changed to Managing Director & CFO, leveraging her extensive finance background for enhanced leadership. The authorized share capital increased from Rs. 20 Cr to Rs. 25 Cr, boosting the company's future financial flexibility. Crucially, the main object clause now prioritizes real estate development, signaling a strategic business shift towards property acquisition and construction activities, which could reshape the company's core operations.