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 informed BSE about the sudden demise of Mr. Purvesh Krishna Shelatkar (DIN: 09838204), Executive Director, on September 27, 2026. The company expressed deep condolences and acknowledged his valuable contributions and leadership during his tenure. The disclosure is filed under SEBI Listing Regulations with cessation date of September 27, 2026 due to death.

Likely market impact

Loss of a key executive director may create a leadership vacuum and short-term governance uncertainty for the company.