The Board of Directors of Rose Merc Limited held on April 13, 2023 approved Appointment of Avinash Madhav Sonawane as Additional Independent Director with effect from April 13, 2023. Mr. Avinash Sonawane has served with Maharashtra Police Service Commission since 1987 and retired as Deputy Superintendent of Police/ACP in January, 2019. He has been rewarded with 574 awards during his tenure.

Post retirement, he had rendered his services for betterment and upliftment of Maharashtra state security corporation, Mumbai since November 2019. He has also worked Maharashtra state security corporation and contributed at the venue in tandem with reliance and MMRDA. He was spearheading the proceedings as Joint Director Operation at Maha Metro Mumbai and Mumbai Metro Rail, up until early June, 2022.

Reconstitution of the Nomination and Remuneration Committee of the Board consisting of the following members: Mr. Purvesh Krishna Shelatkar - Chairperson, Mr. Shekhar Mennon and Mr. Sonu Surjit Vasan as members; Reconstitution of the Compensation Committee: Mr. Shekhar Mennon - Chairperson, Mr. Purvesh Krishna Shelatkar and Mr. Sonu Surjit Vasan as members; Reconstitution of the Stakeholder's Grievance and Relationship Committee: Mr. Shekhar Mennon-Chairperson, Mr. Purvesh Krishna Shelatkar and Mr. Nooruddin Mohammed Shaikh as Members.