Rossell India has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled for Thursday, May 21, 2026. The intimation, dated May 14, 2026, was filed pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was addressed to both BSE Limited and the National Stock Exchange of India Ltd.

Board Meeting Agenda

The meeting has been convened to consider and approve key financial and corporate matters for the concluded fiscal year. The following items are on the agenda:

Key Highlights

• The board will take up audited financial results for the fourth quarter and full financial year ended March 31, 2026.
• A decision on dividend recommendation, if any, for FY2025-26 will also be considered at the meeting.
• The intimation was signed by Nirmal Kumar Khurana, Director (Finance) and Company Secretary of Rossell India.

The filing was submitted to the Department of Corporate Services at BSE Limited and the Listing Department of the National Stock Exchange of India Ltd. in compliance with applicable SEBI listing regulations. The company is registered in Kolkata, with its registered office at Jindal Towers, Block 'B', 4th Floor, 21/1A/3, Darga Road, Kolkata – 700 017.

Rossell India has intimated its stakeholders regarding the merger of its Registrar and Share Transfer Agent, CB Management Services Private Limited, with MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), effective from 8 May 2026. The development was communicated to the company by Amit Kumar Banerjee, Branch Head at MUFG Intime India Private Limited, via correspondence dated 12 May 2026.

Regulatory Approval and Merger Structure

The merger was executed as a Scheme of Merger by Absorption under Section 233 of the Companies Act, 2013, read with the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. The Regional Director (Western Region), Mumbai, confirmed the order via Form No. CAA.12 dated 24 April 2026. The key structural parameters of the merger are outlined below:

CB Management Services Private Limited (CIN: U74140MH1994PTC429689) was incorporated on 20 April 1994 and was engaged in share registration, registrar-to-issue, and share transfer agent services. MUFG Intime India Private Limited (CIN: U67190MH1999PTC118368), incorporated on 16 February 1999, is engaged in the business of registrars and share transfer agents, depository participants, and financial and management consultancy services. The Transferor Company was a wholly-owned subsidiary of the Transferee Company, with the Transferee Company holding 100% of the paid-up share capital of the Transferor Company.

Rationale for the Merger

The merger was undertaken to achieve inter alia economies of scale and efficiency, and to reduce the multiplicity of costs. The key stated benefits of the consolidation include:

• Greater integration and enhanced financial strength and flexibility for the Transferee entity, aimed at maximising overall shareholder value
• Greater efficiency in cash management and unhindered access to cash flows generated by the combined business
• Improved organisational capability arising from the pooling of human capital with diverse skills, talent, and experience
• Cost savings expected from more focused operational efforts, rationalisation, standardisation, and simplification of business processes, and elimination of duplication
• Achieving economies of scale
• Greater ability of the Transferee Company to raise financial resources, either as equity or debt, based on the combined financials

The scheme also confirmed that there is no adverse impact on the Directors, Key Managerial Personnel, promoters, non-promoters, shareholders, creditors, vendors, or employees of either company.

Share Capital and Continuity of Service

Upon the scheme becoming effective, all issued, subscribed, and paid-up share capital of CB Management Services Private Limited, held entirely by MUFG Intime India Private Limited along with its nominees, stood cancelled. As the scheme was between a wholly-owned subsidiary and its holding company, no new equity shares were issued pursuant to the merger. The authorised share capital of the Transferor Company was combined with that of the Transferee Company without any further act or instrument.

MUFG Intime India Private Limited confirmed to Rossell India that the CB Management team currently servicing the company will continue to remain the same post-merger. The company also indicated it would be in touch regarding any procedural requirements or changes necessary in view of the merger, and that a public notice (press notification) on the subject would be issued shortly.

MUFG Intime India Private Limited is a part of MUFG Corporate Markets, a division of MUFG Pension & Market Services, and operates from Rasoi Court, 5th Floor, 20 Sir R N Mukherjee Road, Kolkata 700001.