Rose Merc Limited has officially filed its disclosure with the Bombay Stock Exchange regarding the successful completion of its postal ballot process. The company announced on March 02, 2026, that shareholders approved all resolutions with overwhelming support, demonstrating strong confidence in the company's strategic direction.

Official BSE Filing and Regulatory Compliance

The company submitted its formal disclosure to the BSE Corporate Relations Department under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, signed by Executive Director Vaishali Parkar Kumar (DIN: 09159108), confirmed that shareholders passed all ordinary and special resolutions dated February 28, 2026, through postal ballot.

Key Approved Resolutions

The postal ballot covered four major business items that will significantly impact the company's operations and governance structure. The e-voting period commenced on Friday, January 30, 2026 (9.00 a.m. IST) and ended on Saturday, February 28, 2026 (5.00 p.m. IST).

Director Appointments and Designations:

• Regularization of Ms. Eshwari Purvesh Shelatkar (DIN: 10973309) as Executive Director effective February 28, 2026, for a five-year term
• Change in designation of Ms. Vaishali Parkar Kumar from Executive Director & Chief Financial Officer to Managing Director & Chief Financial Officer

Corporate Structure Changes:

• Increase in authorized share capital from Rs 20 crore to Rs 25 crore, divided into 2.50 crore equity shares of Rs 10 each
• Alteration of object clause in the Memorandum of Association, shifting precious stones and jewelry trading from main to other objects

Leadership Profile and Appointments

Ms. Eshwari Purvesh Shelatkar brings dynamic leadership experience across fashion, spiritual tourism, trading, and sports sectors. She has been recognized with the prestigious Emirates Luxury Show Award in Dubai for her work in uplifting Indian spiritual tourism through Eshwariy Shakti Spiritual Tourism.

At Rose Merc Limited, she manages social media marketing for the parent company and its 12 associate businesses, including high-visibility projects like the Navi Mumbai Premier League with marketing distribution across radio, television, and OTT platforms.

Capital Structure Enhancement

The approved increase in authorized share capital provides the company with enhanced financial flexibility. The new capital structure allows for 2.50 crore equity shares of Rs 10 each, representing a 25% increase from the previous Rs 20 crore authorization.

Managing Director Transition

Ms. Vaishali Parkar Kumar's elevation to Managing Director represents a significant leadership development. With over 18 years of experience in investments and equity research and a master's degree in finance from Mumbai University, she will continue her dual role overseeing both strategic and financial operations from January 29, 2026, to October 15, 2028.

Memorandum of Association Changes

The company has restructured its business objects by shifting precious stones, diamonds, pearls, jewelry, watches, and related items trading from the main object clause to other objects. Simultaneously, real estate and property development activities have been elevated to the main object clause, indicating a strategic shift in business focus.

The comprehensive postal ballot process, conducted exclusively through NSDL's remote e-voting platform, demonstrates the company's commitment to transparent governance and regulatory compliance while positioning for future growth initiatives.

Rose Merc Limited has announced the opening of player registrations for the Navi Mumbai Premier League (NMPL) Season 4 (2025-26), marking another milestone in Maharashtra's rapidly growing T20 cricket ecosystem. The company filed the announcement under Regulation 30 of SEBI (LODR) Regulations, 2015, highlighting the tournament's significance as a subsidiary venture through Navi Mumbai Premier League Pvt. Ltd.

Registration Timeline and Eligibility

Player registrations for NMPL Season 4 officially opened on 25th February 2026 and will remain accessible until 11th March 2026. The tournament welcomes players aged 17 years and above, subject to applicable guidelines and tournament regulations prescribed by the organizing authorities.

Tournament Structure and Prize Money

NMPL Season 4 continues the league's tradition of substantial prize money and professional exposure. The tournament offers significant financial incentives for top-performing teams, reinforcing its position as one of Maharashtra's premier cricket platforms.

Media Coverage and Broadcasting

The tournament maintains extensive media coverage through multiple platforms, ensuring maximum visibility for participating players. Last season's broadcasting arrangement demonstrates the league's commitment to providing professional exposure.

Broadcasting Partners:

• National Telecast: DD Sports
• Digital Streaming: FanCode
• Audience Reach: Millions of viewers across India

IPL Pathway Success Stories

NMPL has established itself as a proven pathway to IPL cricket, with several former participants successfully transitioning to India's premier cricket league. The tournament's track record includes notable success stories across multiple IPL franchises.

Official Approvals and Partnerships

The tournament operates under official approval from the Mumbai Cricket Association and holds rights granted by Mazgaon Cricket Club, ensuring compliance with established cricket governance standards. This official backing provides legitimacy and professional structure to the competition.

Key Partnerships:

• Approval Authority: Mumbai Cricket Association
• Rights Grantor: Mazgaon Cricket Club
• Tournament Organizer: Navi Mumbai Premier League Pvt. Ltd. (Rose Merc Limited subsidiary)

Interested players can complete their registration applications through the official website at www.nmplt20.in , with the tournament positioned as a valuable opportunity for aspiring cricketers to showcase talent on a recognized competitive stage.