Rose Merc Ltd Fined ₹2.14 Lakhs by BSE for Governance Non-Compliance

Rose Merc Ltd has been fined ₹2,14,760 by BSE Limited for non-compliance with Regulation 19(1)/19(2) of SEBI (LODR) Regulations, 2015, concerning the constitution of its Nomination and Remuneration Committee for the quarter ended June 30, 2026. The company received the communication on August 25, 2026. Rose Merc Ltd stated that the fine is not expected to have a material impact on its financial or operational activities. The company will pay the fine within the prescribed timeline and take necessary steps to ensure future compliance. The matter will be presented before the Board of Directors at its upcoming meeting.