India Radiators Ltd. Approves Scheme of Amalgamation with Mercantile Ventures Limited
India Radiators Ltd. held a meeting of equity shareholders on Friday, March 13, 2026, to approve the Scheme of Amalgamation with Mercantile Ventures Limited. The meeting was conducted through Video Conferencing and Other Audio-Visual Means pursuant to the order of the Hon’ble NCLT. The Chairperson, Mr. K. Gaurav Kumar, chaired the meeting. The equity shareholders were apprised about the salient features of the Scheme and the purpose of the meeting. The Company had offered the facility of remote e-voting to all its equity shareholders. The meeting concluded at 10:08 A.M. (IST), and equity shareholders who were present at the Meeting and had not cast their votes electronically were provided an opportunity to cast their votes through e-voting during the Meeting on CDSL platform.
Key Highlights
- India Radiators Ltd. held a meeting of equity shareholders to approve the Scheme of Amalgamation with Mercantile Ventures Limited.
- The meeting was conducted through Video Conferencing and Other Audio-Visual Means pursuant to the order of the Hon’ble NCLT.
- The equity shareholders were apprised about the salient features of the Scheme and the purpose of the meeting.
- The Company had offered the facility of remote e-voting to all its equity shareholders.
- Equity shareholders who were present at the Meeting and had not cast their votes electronically were provided an opportunity to cast their votes through e-voting during the Meeting on CDSL platform.