Rose Merc held its 42nd Annual General Meeting on September 10, 2026. The company declared a final dividend of ₹0.35 per equity share for the fiscal year ended March 31, 2026.

The meeting was conducted via Video Conferencing and Other Audio Visual Means. Mr. Uday Damodar Tardalkar, Independent Director, chaired the proceedings. Twenty-five members attended, satisfying the quorum requirements under Section 103 of the Companies Act, 2013.

Key Resolutions

Shareholders voted on several ordinary and special business items through remote e-voting and voting during the meeting.

Ordinary Business

• Adoption of audited standalone and consolidated financial statements for FY26.
• Declaration of final dividend of ₹0.35 per equity share of face value ₹10 each.
• Reappointment of Mr. Purvesh Krishna Shelatkar and Mr. Omprakash Singh, who retired by rotation.

Special Business

• Appointment of M/s. D G M S & Co., Chartered Accountants, as Statutory Auditors.
• Approval of related-party transactions with board-controlled subsidiary Emirates Holding FZ LLC.
• Approval for investments or loans to subsidiary companies up to an aggregate amount of ₹20 crore.
• Alteration of the object clause in the Memorandum of Association.

What the Numbers Show

The dividend payout represents 3.5% of the face value of the equity shares. This distribution indicates the board's decision to return capital to shareholders following the conclusion of FY26.

Rose Merc has announced a partnership to organize the Emirates Luxury Show – Eternal Runway and Emirates Awards – Business and Real Estate. The event is scheduled for September 27, 2026, at Le Méridien Dubai.

The company filed the disclosure with the Bombay Stock Exchange on August 31, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Rose Merc will collaborate with Emirates Holding FZ LLC, Moda Orama Ventures Pvt. Ltd. (MOVE), and Virtual Gain Technologies Pvt. Ltd. (Pezon) to execute the platform.

Event Structure and Participants

The initiative aims to connect participants from the fashion, business, real estate, entertainment, and lifestyle sectors. The organizers expect significant attendance and media coverage for the single-day event.

The runway segment, directed by Shakir Shaikh, will feature showstoppers including Arbaaz Khan, Krushna Abhishek, and Celina Jaitley. Designers such as Archana Kochhar and Manali Jagtap are among those confirmed to participate.

Awards and Strategic Goals

The Emirates Awards will recognize excellence in business and real estate within the UAE and globally. Vaishali Parkar Kumar, Managing Director of Rose Merc, stated the platform aims to create international visibility for participants.

The event aligns with Dubai Department of Economy and Tourism objectives by promoting hospitality infrastructure. Harshee Haria of MOVE noted the goal is to showcase exceptional talent and inspire new possibilities through global connections.