Meeting Details

The 42nd Annual General Meeting of Rose Merc Limited was held on Thursday, September 10, 2026 at 04:00 P.M. (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting ended at 04:32 P.M. (IST).

Record Date and Shareholder Information

Record date for the AGM was September 3, 2026. Total number of shareholders on record date was 1,453. No promoters attended the meeting, while 25 public shareholders attended through video conferencing.

Scrutinizer Details

Deepak Rane (CS Deepak Rane, Membership Number A24110) was appointed as scrutinizer at the Board Meeting held on August 12, 2026. The scrutinizer report was issued to the company on September 11, 2026.

Voting Results Summary

All eight resolutions proposed at the AGM were passed. The voting was conducted through remote e-voting (from September 7, 2026 at 09:00 a.m. to September 9, 2026 at 5:00 p.m.) and e-voting at the AGM.

Resolution Details

Resolution 1: Ordinary Resolution

To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with reports of Board of Directors and Auditors.

  • Total votes polled: 1,546,784 (22.5573% of outstanding shares)
  • Votes in favor: 1,546,784 (100%)
  • Votes against: 0 (0%)
  • Resolution: Passed

Resolution 2: Ordinary Resolution

To declare Final Dividend of ₹0.35 per Equity Share of face value ₹10 each (3.5% of face value) for financial year ended March 31, 2026.

  • Total votes polled: 1,546,784 (22.5573% of outstanding shares)
  • Votes in favor: 1,546,784 (100%)
  • Votes against: 0 (0%)
  • Resolution: Passed

Resolution 3: Ordinary Resolution

To recommend re-appointment of Mr. Purvesh Krishna Shelatkar (DIN: 09838204) who retires by rotation.

  • Total votes polled: 1,546,784 (22.5573% of outstanding shares)
  • Votes in favor: 1,546,784 (100%)
  • Votes against: 0 (0%)
  • Resolution: Passed

Resolution 4: Ordinary Resolution

To recommend re-appointment of Mr. Omprakash Singh (DIN: 07204004) who retires by rotation.

  • Total votes polled: 1,546,784 (22.5573% of outstanding shares)
  • Votes in favor: 1,546,784 (100%)
  • Votes against: 0 (0%)
  • Resolution: Passed

Resolution 5: Ordinary Resolution

To consider and approve the Appointment of M/s. D G M S and Co., Chartered Accountants (Firm Registration No. 112187W) as Statutory Auditors.

  • Total votes polled: 1,546,784 (22.5573% of outstanding shares)
  • Votes in favor: 1,546,784 (100%)
  • Votes against: 0 (0%)
  • Resolution: Passed

Resolution 6: Ordinary Resolution

To consider and approve Related Party Transactions with board-controlled subsidiary Emirates Holding FZ LLC.

  • Total votes polled: 1,546,784 (22.5573% of outstanding shares)
  • Votes in favor: 1,546,784 (100%)
  • Votes against: 0 (0%)
  • Resolution: Passed

Resolution 7: Special Resolution

To consider and approve investments and/or providing loans, guarantees and/or securities to subsidiary companies up to an aggregate amount of ₹20,00,00,000 (Twenty Crore).

  • Total votes polled: 1,546,784 (22.5573% of outstanding shares)
  • Votes in favor: 1,546,584 (99.98%)
  • Votes against: 200 (0.12%)
  • Resolution: Passed with requisite majority

Resolution 8: Special Resolution

To consider and approve the Alteration of the Object Clause of the Memorandum of Association.

  • Total votes polled: 1,546,784 (22.5573% of outstanding shares)
  • Votes in favor: 1,546,784 (100%)
  • Votes against: 0 (0%)
  • Resolution: Passed

Scrutinizer Report Details

The scrutinizer report provides consolidated results of remote e-voting and e-voting at the AGM:

  • Remote e-voting: 21 shareholders cast 1,545,784 votes
  • E-voting at AGM: 1 shareholder cast 1,000 votes
  • Total: 22 shareholders cast 1,546,784 votes

All resolutions received 100% approval except Resolution 7 which had 200 votes against (0.12% of total votes).