Rose Merc 42nd AGM: All 8 resolutions passed, 0.35 rupee dividend approved

Rose Merc Limited held its 42nd AGM on September 10, 2026 via video conferencing. All 8 resolutions were passed: 6 ordinary and 2 special. Key items included adoption of audited financial statements for FY ended March 2026, final dividend of Rs 0.35 per share (3.5% of face value), re-appointment of two directors, appointment of DGMS and Co as statutory auditors, approval of related party transactions with subsidiary Emirates Holding FZ LLC, authority for up to Rs 20 crore in investments or loans to subsidiaries, and alteration of the Object Clause. Around 15.47 lakh votes were polled (22.55% of outstanding), with nearly unanimous approval.