Rose Merc Ltd announced that its Managing Director, Mr. Kirti Savla, has resigned from the Board of Directors effective January 21, 2026, citing personal health reasons. His resignation marks a significant leadership change, with Mr. Savla holding 7,200 equity shares in the company at the time of departure.
Rose Merc Ltd has formally communicated to the exchanges that Mr. Kirti Savla, Managing Director, has stepped down from his role and the Board of Directors effective January 21, 2026. The resignation was tendered through a letter dated the same day, citing personal health reasons as the primary cause.
Key Highlights
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Resignation effective January 21, 2026, as per official communication
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Reason for resignation attributed to personal health concerns
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Mr. Savla held 7,200 equity shares in Rose Merc Ltd at the time of cessation
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No new appointment announced in connection with this change
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No disclosure of director relationships as the matter pertains solely to resignation
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Brief profile not applicable since the announcement concerns cessation rather than appointment
This development signals a leadership transition for Rose Merc Ltd, with further updates on succession expected in due course.
Sources: Company filing with BSE, official corporate announcement of Rose Merc Ltd