Rose Merc Limited Files BSE Disclosure on Postal Ballot Results with 99.99% Approval
Rose Merc Limited officially disclosed to BSE the successful completion of its postal ballot process where shareholders approved all resolutions including Ms. Eshwari Purvesh Shelatkar's regularization as Executive Director, Ms. Vaishali Parkar Kumar's elevation to Managing Director, authorized capital increase to Rs 25 crore, and alteration of memorandum object clauses, demonstrating strong shareholder confidence in the company's strategic direction.

*this image is generated using AI for illustrative purposes only.
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.
| Filing Details: | Information |
|---|---|
| Filing Date: | March 02, 2026 |
| Exchange: | Bombay Stock Exchange Limited |
| Scrip Code: | 512115 |
| Scrip ID: | ROSEMER |
| Regulation: | SEBI Regulation 30 |
| Signatory: | Vaishali Parkar Kumar, Executive Director |
Key Approved Resolutions
The postal ballot covered four major business items that will significantly impact the company's operations and governance structure:
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.
| Director Details: | Ms. Eshwari Purvesh Shelatkar |
|---|---|
| DIN: | 10973309 |
| Appointment Date: | February 28, 2026 |
| Term: | 5 years |
| Relationship: | Daughter of Mr. Purvesh Krishna Shelatkar (DIN: 09838204) |
| Recognition: | Emirates Luxury Show Award, Dubai |
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.
| Capital Structure: | Previous | New |
|---|---|---|
| Authorized Capital: | Rs 20 crore | Rs 25 crore |
| Number of Shares: | 2 crore | 2.50 crore |
| Face Value: | Rs 10 | Rs 10 |
| Increase: | - | 25% |
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.
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.
Historical Stock Returns for Rose Merc
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.72% | -5.71% | -10.08% | -9.91% | -6.99% | +1,724.73% |


































