Intimation for Resignation of Mr. Sumant Ghaisas (DIN: 10199204) as Independent Director of the Company.
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Rose Merc Ltd has informed the stock exchanges that Mr. Sumant Ghaisas, an Independent Director on the company's board, has resigned with effect from July 23, 2025. In his resignation letter, Mr. Ghaisas cited other professional commitments as the reason, stating he was unable to devote adequate time to the role. The company confirmed there are no other material reasons behind the resignation beyond those disclosed. Mr. Ghaisas did not hold directorship or committee positions in any other listed entity. The intimation was filed under SEBI LODR Regulation 30 and signed by Vaishali Parkar Kumar, Executive Director of the company.
This is a routine single independent director exit due to personal time constraints, with no governance red flags cited. Shareholders should watch for timely appointment of a replacement independent director to maintain SEBI-mandated board composition.