Rose Merc Ltd

Event summary

• Emirates Luxury Show Season 2 and Emirates Business Awards were held on 27 Sep 2026 in Dubai.
• Event was presented by Rose Merc Limited, Emirates Holding Group, MOVe, and Pezon.
• Designer lineup included Manali Jagtap, Archana Kochhar, Namratha Jauni, Arif Khan.
• Celebrity showstoppers included Daisy Shah, Zareen Khan, Karan Kundra.
• Awards recognised achievements across sectors such as property, real estate, social impact, luxury mobility.
• Executive Director Eashwari Shelatkar highlighted ongoing support for future editions.

Executive Director demise

• Purvesh Krishna Shelatkar, Executive Director, died on September 27, 2026.

Rose Merc Limited - Trading Window closed from Thursday, October 01, 2026 till Forty-Eight (48) hours after the declaration of Unaudited Financial Results for the quarter ending on September 30, 2026.

AGM Details

• AGM held on 10 Sep 2026 at 04:00 PM via VC/OAVM.
• Meeting concluded at 04:32 PM.
• Mode: VC/OAVM.
• Record date: 03 Sep 2026.
• Shareholders on record: 1,453.
• Public attendees via VC: 25.
• Total resolutions passed: 8.
• Meeting duration: 32 minutes.

Key Resolutions and Results

• Adopt Audited standalone financial statements for year ended 31 Mar 2026; Ordinary; Passed.
• Declare final dividend of Rs 0.30 per equity share; Ordinary; Passed.
• Re-appointment by rotation of two directors; Ordinary; Passed.
• Appointment of DGM&S & Co. as Statutory Auditors; Ordinary; Passed.
• Approve related party transactions with Emirates Holding FZ LLC up to Rs 20 crore; Special; Passed.
• Alteration of the Object Clause of MOA; Special; Passed.
• Approve investment in subsidiary up to Rs 20 crore; Special; Passed.

Dividend Action

• Final dividend of Rs 0.30 per equity share approved.

Director Changes

• Re-appointment by rotation of two directors approved.

Auditor Appointments

• Statutory Auditor appointment: DGM&S & Co. appointed.

Related Party Transactions

• Related party transactions with Emirates Holding FZ LLC approved up to Rs 20 crore.

Other Approvals

• Alteration of Memorandum Object Clause approved.
• Investment in subsidiary up to Rs 20 crore approved.

Directors re-appointments

• Purvesh Krishna Shelatkar, Executive Director, to be re-appointed; retires by rotation.
• Omprakash Singh, Non-executive & Non-Independent Director, to be re-appointed; retires by rotation.

Auditor appointment

• D G M S & Co., Chartered Accountants, appointed as Statutory Auditors.

Subject

• Rose Merc Ltd backs Emirates Luxury Show Eternal Runway and Emirates Awards in Dubai as organizing partner.

Event details

• Date and venue: 27 September 2026, Le Méridien Dubai.

Organisers and partners

• Organisers: Emirates Holding FZ LLC, Rose Merc Ltd, MOVe; powered by Pezon and JOJO Limited.

Event highlights

• 15 international designers.
• 15 celebrities and special guests.
• 100 professional models.
• 30 awardees.
• 1,000 elite guests.
• 35 luxury and real estate booths.
• Millions of media and digital reach.
• Celebrity showstoppers include Arbaaz Khan, Celina Jaitly, Zareen Khan.
• Designers include Archana Kochhar, Manali Jagtap, Moodaaz Fashion.

Acquisition overview

• Target: Rose Merc Limited; listed on BSE Limited.
• Acquirer: Vaishali Parkar Kumar; not part of promoter/promoter group.
• Pre-acquisition holding: 475,000 voting rights shares (6.30%).
• Pre-acquisition diluted: 5.76% of total diluted share/voting capital.
• Acquired 190,000 shares via ESOP allotment; 2.46% of total voting capital (2.30% diluted).
• Post-acquisition holding: 665,000 voting rights shares (8.61%); diluted 8.07%.
• Mode of acquisition: Allotment under ESOP 2024.
• Date of allotment/intimation: 20 Jun 2026 to 24 Aug 2026.
• Equity share capital before: 7,536,047 shares.
• Equity share capital after: 7,726,047 shares.
• Total diluted share/voting capital after: 8,244,158 shares.