Intimation of Resignation of Mr. Sumant Ghaisas (DIN: 10199204) as Independent Director of the Company.
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Rose Merc Limited has informed the stock exchanges that Mr. Sumant Ghaisas (DIN: 10199204) has resigned as an Independent Director of the company with effect from 23rd July 2025. The resignation is attributed to other professional commitments and inability to devote sufficient time. The director confirmed there are no other material reasons for his departure. He did not hold directorships in any other listed entities, so there is no cross-board impact.
This is a routine, single-person board change with no governance red flags — the departing director cited personal time constraints rather than any dispute. The board now has a vacancy to fill; minor governance signal for shareholders but unlikely to materially affect the stock price.