Scrutinizer Report please find enclosed herewith
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rose Merc Limited held its 41st AGM on August 25, 2025 via video conferencing from 4:00 PM to 4:55 PM. Out of 1,100 shareholders on record date (August 18, 2025), only 16 public shareholders attended remotely while none of the promoters were present. All 8 resolutions (6 Ordinary and 2 Special) were passed with overwhelming majority — 17,02,977 votes in favor (99.9999%) versus just 2 votes against (0.0001%), out of 17,02,979 total votes polled (30.80% of share base). Key business items approved include adoption of audited FY25 financial statements, a final dividend of Rs. 0.12 per share (1.2% of face value), re-appointment of two executive directors (Vaishali Parkar Kumar and Vivek Parulkar), regularization of an additional independent director, appointment of secretarial auditor for 5 years, and preferential issue of equity shares and convertible warrants to non-promoters.
Shareholders approved a small final dividend of Rs. 0.12 per share and gave the green light to preferential allotment of equity shares and warrants to non-promoters, which will dilute existing holdings. The near-unanimous voting (99.9999% in favor on all resolutions) indicates strong promoter-aligned control and minimal shareholder dissent.