Mercantile Ventures: Amalgamation Scheme Effective, Capital Increased

Mercantile Ventures Limited (Transferee Company) has announced that the Scheme of Amalgamation with India Radiators Limited (Transferor Company) has become effective from July 23, 2026. This follows the filing of Form INC-28 with the Registrar of Companies, Chennai, on the same date, after receiving the order from the National Company Law Tribunal. Upon effectiveness, Mercantile Ventures' authorized share capital has been increased from ₹13,009 Lakhs to ₹15,109 Lakhs, with adjustments to equity and preference shares. The Memorandum of Association has also been amended accordingly. India Radiators Limited will be dissolved without winding up, and its board will stand dissolved.