Executive Director Mr. Purvesh Shelatkar passes away

Management Changes View source PDF Explain this filing

Price

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

-18.3%Reaction day

₹50.48

prior close

₹41.63

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%-16.7% vs market

Trading & Distributors peers, median of 134sector-0.8%-17.5% vs sector

On the reaction day the stock moved 16.7 pts less than Nifty Microcap 250 and 17.5 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

+0.0

10m

-1.0

15m

-0.3

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-18.3-1.6-16.7-0.8-17.5

Next day

-24.7-0.6-24.1-0.8-23.9

-26.4-0.8-25.6-1.0-25.4

-30.7-2.1-28.6-2.1-28.6

-23.8-2.1-21.7-2.4-21.3

-17.8-0.8-17.0-2.4-15.4

-10.9-3.8-7.1-3.3-7.5

15d

-13.8-6.9-6.9-5.6-8.2

-15.0-8.0-7.0-5.0-10.0

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 134Pending

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

AI summary

Rose Merc Limited informed BSE about the sudden demise of Mr. Purvesh Krishna Shelatkar (DIN: 09838204), Executive Director, on September 27, 2026. The board expressed condolences and noted his valuable contributions. Filing made under SEBI LODR Regulation 30. The company has not yet announced a replacement.

Likely market impact

Loss of a key executive may create a temporary leadership gap; could affect operational continuity until a successor is appointed.