Executive Director Mr. Purvesh Shelatkar passes away

Management Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-7.9%Reaction day

₹41.25

prior close

₹40.89

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-8.9% vs market

Trading & Distributors peers, median of 133sector+0.0%-7.9% vs sector

On the reaction day the stock moved 8.9 pts less than Nifty Microcap 250 and 7.9 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.8

10m

-4.6

15m

-2.1

30m

-8.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.9+1.0-8.9+0.0-7.9

Next day

-9.9+0.8-10.7+0.0-9.9

-15.2-0.5-14.6-1.1-14.1

-6.7-0.5-6.2-1.6-5.1

+0.6+0.8-0.2-1.4+2.1

+10.7+0.5+10.1-1.9+12.6

+8.4-2.0+10.3-3.3+11.6

15d

+6.2-6.4+12.6-4.6+10.8

+0.6-5.9+6.5-5.1+5.7

—————

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 133Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Rose Merc Limited has informed the stock exchange about the sudden and unexpected passing of Mr. Purvesh Krishna Shelatkar, Executive Director, on September 27, 2026. The board and employees conveyed deep condolences to his family and acknowledged his valuable contributions. Disclosure filed under SEBI Listing Regulations with required details in Annexure I.

Likely market impact

Loss of a key board member; the company will need to appoint a new Executive Director. May cause short-term leadership uncertainty.