Submission of Annual Secretarial Compliance Report.
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Rose Merc Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26 (ending March 31, 2026), certified by Practicing Company Secretary Deepak Rane. The report confirms the company complied with all applicable SEBI regulations, including LODR, takeover regulations, insider trading rules, and other securities laws. No deviations, violations, or penalties were reported. The secretarial audit verified compliance with Secretarial Standards, Board processes, and proper disclosure practices. One notable observation: the company's subsidiary Emirates Holding FZ LLC had advanced loans totaling INR 18.32 crore to its promoter Mr. Mohammed Hanif Shaikh, which were later ratified by the Audit Committee on three occasions (July 2025, November 2025, and January 2026).
This is a positive compliance filing showing the company maintains good governance standards. No immediate impact on the stock, though the related party loan transactions to the promoter (which were retroactively ratified) may attract regulatory scrutiny.