Roselabs Finance has scheduled an extraordinary general meeting for October 9, 2026, to seek shareholder approval for its proposed merger by absorption with National Standard (India) Limited and Lodha Developers Limited. The meeting follows an order from the National Company Law Tribunal dated August 6, 2026, directing the convening of the shareholder vote.

Meeting Details

The company will conduct the meeting via video conferencing or other audio-visual means. Shareholders can participate in remote e-voting starting October 6, 2026, at 9:00 am until October 8, 2026, at 5:00 pm. The cut-off date for e-voting eligibility is October 2, 2026.

Regulatory Compliance

Roselabs Finance issued the intimation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The notice includes the explanatory statement required under Section 230(3) read with Section 102 of the Companies Act, 2013. The company is circulating these documents electronically to all equity shareholders.

Shareholders can access the notice and annexures on the company’s website. Gunjan Taunk, Company Secretary and Compliance Officer, signed the disclosure filed with the BSE on September 4, 2026.

Roselabs Finance shareholders approved all four ordinary resolutions at the 32nd Annual General Meeting held on August 27, 2026, through video conferencing. The meeting concluded with unanimous support for every agenda item.

The company reported a total of 83,60,068 votes polled out of 1 crore outstanding shares, representing an 83.60% participation rate. All resolutions received 100% affirmative votes from both promoter and public shareholders.

Key Resolutions Passed

The agenda included the adoption of audited financial statements for FY26, re-appointment of directors, and appointment of statutory auditors. The voting breakdown is detailed below:

Ms. Sanjyot Rangnekar, Chairperson, was re-appointed as a director retiring by rotation. Mr. Raghava Reddy Balineni was re-appointed as Managing Director for a period of five years. M/s Walker Chandiok & Co. LLP was appointed as the statutory auditors of the company.

What the Numbers Show

The voting data reveals a distinct concentration of shareholder engagement. Promoter and promoter group shareholders held 74,24,670 shares and voted 100% of their holdings. In contrast, public non-institutional shareholders held 25,75,330 shares but cast votes on only 9,35,398 shares, resulting in a 36.32% participation rate for this segment. This disparity highlights that while overall approval was unanimous, active voting participation was heavily driven by the promoter group.