Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, intimation w.r.t. Resignation of Company Secretary and Compliance Officer is attached herewith.
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Awaiting price reaction for this filing.
Rose Merc Ltd has informed the stock exchanges about the resignation of its Company Secretary and Compliance Officer, submitted under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulation 30. The resignation is a key managerial personnel (KMP) change at the company secretary level, which is a mandatory disclosure for listed companies. No reason for the resignation or details about a successor have been mentioned in the headline. Shareholders may need to monitor for further updates regarding a replacement appointment.
The exit of the Company Secretary and Compliance Officer is a governance-level change that could create short-term administrative uncertainty, but the impact on the stock price is likely to be minimal unless it signals deeper management issues.