Mercantile Ventures Ltd

Mercantile Ventures Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure, effective from July 1, 2026, is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will reopen 48 hours after the declaration of the company's unaudited financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading during periods when sensitive financial information is being finalized.

Mercantile Ventures Ltd has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 27, 2026, which commenced at 2.46 P.M. and concluded at 3.33 P.M. The audit report was issued by M/s. Venkatesh & Co., Statutory Auditors, with an unmodified opinion for the standalone audit report and a statement on the impact of audit qualifications for the consolidated audit report.

Mercantile Ventures Ltd. has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The announcement follows a Board of Directors meeting held on May 27, 2026, where the results were approved. The audit report was issued by M/s. Venkatesh & Co., Statutory Auditors, with an unmodified opinion for the standalone audit report and a statement on the impact of audit qualifications for the consolidated audit report.

Mercantile Ventures Ltd. announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 27, 2026. Venkatesh & Co., Statutory Auditors, issued an unmodified opinion for the standalone audit report and a statement on the impact of audit qualifications for the consolidated audit report.

Mercantile Ventures Ltd has scheduled a Board of Directors meeting on May 27, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, as per SEBI regulations.

Mercantile Ventures Ltd, as per the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the Company’s Code of Internal Procedures and Conduct for Regulation, Monitoring and Reporting of Trading in the Securities by the Insiders, has announced the closure of the trading window for trading/dealing in the securities of the Company by the Designated Persons and their immediate relatives. The closure will be effective from Wednesday, the 1st of April 2026, until 48 hours after the declaration of the Financial Results of the Company for the quarter and year ending 31st March 2026. The announcement was made by E N Rangaswami, Whole-time Director of Mercantile Ventures Limited.

Mercantile Ventures Ltd has filed a Second Motion Petition with the Hon’ble National Company Law Tribunal, Chennai Bench ('NCLT') in connection with the proposed Scheme of Amalgamation of India Radiators Limited with Mercantile Ventures Limited and their Shareholders and Creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with rules made thereunder. This step comes after a series of disclosures dated April 08, 2025, October 15, 2025, December 05, 2025, February 5, 2026, February 10, 2026, March 13, 2026 and March 17, 2026.

Mercantile Ventures Limited, in a meeting held on Friday, March 13, 2026, approved the Scheme of Amalgamation with India Radiators Limited. The meeting was held pursuant to the order of the Hon’ble National Company Law Tribunal, Division Bench (Court-I) Chennai. The approval came after considering the views, questions, and clarifications sought by the equity shareholders, who were also offered the facility of remote e-voting. The meeting concluded at 12:27 P.M. (IST), and the 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.

Mercantile Ventures Limited, pursuant to the order of the Hon’ble National Company Law Tribunal, Division Bench (Court-I) Chennai, held a meeting of unsecured creditors on Friday, March 13, 2026, through Video Conferencing/Other Audio-Visual Means. The meeting was held to approve the Scheme of Amalgamation between India Radiators Limited and Mercantile Ventures Limited under sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The Chairperson, Mr. K. Gaurav Kumar, introduced the Directors and Key Managerial Personnel, and informed unsecured creditors about the Scheme's salient features and purpose. Unsecured creditors were offered the facility of remote e-voting provided by Central Depository Services (India) Limited to cast their votes electronically. The meeting concluded at 01:06 P.M. (IST), and unsecured creditors who were present and had not cast their votes electronically were given an opportunity to cast their votes through e-voting during the Meeting on the CDSL platform.

Mercantile Ventures Ltd has announced its unaudited standalone and consolidated financial results for the quarter ended 31st December 2025. The company's revenue from operations stands at Rs. 1,078.14 lakhs, with a net profit of Rs. 49.39 lakhs. The company's total income stands at Rs. 1,128.19 lakhs, with total expenses of Rs. 1,079.36 lakhs. The company's profit before tax stands at Rs. 48.83 lakhs.