Company informs exchanges of Executive Director's passing, says operations continue as normal

Rose Merc Ltd has informed the exchanges of the passing of its Executive Director, Mr. Purvesh Krishna Shelatkar.

Sat 3 Oct 2026

Event

Passing of Executive Director, Mr. Purvesh Krishna Shelatkar

Signatory of update

Vaishali Parkar Kumar, Managing Director and CFO

Operations status stated

Business operations continue as normal

What the company informed the exchanges

• Rose Merc Ltd has informed the stock exchange of the unfortunate passing of Mr. Purvesh Krishna Shelatkar, Executive Director of the company.
• The company extended its heartfelt condolences to his family and loved ones.
• It acknowledged his valuable contribution, and said his leadership and dedication played a significant role in the company's growth and development.

The continuity message

The company stated that its business operations continue as normal and that it remains focused on ensuring continuity of its ongoing business activities and pursuing its strategic objectives.

In the enclosed statement, signed by Vaishali Parkar Kumar, Managing Director and CFO, the company said it remains strong, stable and fully committed to the continuity of its business operations and its long-term objectives. It said operations and day-to-day business activities continue as normal, and that it is supported by its experienced management team, dedicated employees, established business systems and a long-term strategic vision.

What the company told stakeholders

• The company said it wishes to reassure shareholders, customers, business partners, employees and other stakeholders that it will continue its operations, future plans and strategic directions.
• It said it remains focused on sustainable growth, strengthening its business, developing new opportunities, and creating long-term value for its stakeholders.
• Management said it remains committed to maintaining the company's standards of professionalism, transparency and responsible corporate governance.
• The company said it intends to carry forward the legacy of the late Mr. Purvesh Krishna Shelatkar by working toward a stronger and more successful future.
• It expressed appreciation for the continued trust and confidence of its shareholders, employees, business partners and other stakeholders.

How a reader might view it

The communication concerns the loss of a person holding a key managerial position, alongside the company's statement that operations and business activities continue as normal. The update sets out the company's continuity position and the support it says it draws from its management team and systems; it also sets out the company's stated focus on its ongoing activities and strategic objectives.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.