MERCURY METALS LTD.

Mercury Ev-Tech Limited celebrated its successful listing on the National Stock Exchange of India Limited (NSE) with a listing ceremony held on June 02, 2026. The event marked a significant milestone for the company's growth. Key representatives from Mercury Ev-Tech, including Chairman & Managing Director Shri Jayesh Thakkar, Promoter Mrs. Artiben Thakkar, and Executive Director Shri Darshan Shah, attended the ceremony. NSE officials, including MD & CEO Mr. Ashishkumar Chauhan, were also present, underscoring the importance of this listing.

Mercury Ev-Tech Ltd announced that its 189,973,058 equity shares of Re. 1 each, representing the entire issued, subscribed, and fully paid-up equity share capital, will be listed and admitted to dealing on the National Stock Exchange of India Limited (NSE) effective June 02, 2026, under the symbol “MERCURYEV”. The shares will initially trade in the 'BE' series and remain in the Trade-for-Trade segment until further notice.

Mercury Ev-Tech Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window, which has been closed since April 1, 2026, will remain closed until 48 hours after the declaration of these financial results.

Mercury Ev-Tech Ltd has released a Monitoring Agency (MA) Report for the quarter ended March 31, 2026, pertaining to the utilization of proceeds from a Preferential Issue of Equity Shares & Convertible Warrants. The report, issued by Crisil Ratings Limited, confirms that there were no deviations from the stated objectives and no utilization during the quarter, with unutilized proceeds parked in fixed deposits and current accounts.

Mercury Ev-Tech Ltd announced that 4,53,00,000 fully convertible warrants allotted on a preferential basis have lapsed as the warrant holders did not exercise their option to convert them into equity shares within the stipulated period, which was on or before May 07, 2026. Consequently, the upfront subscription amount of ₹84,93,75,000, representing 25% of the issue price, has been forfeited by the company.

Mercury Ev-Tech Ltd promoters, Artiben Jayeshbhai Thakkar and Kavit Jayeshbhai Thakkar, have declared that they, along with persons acting in concert, have not made any new encumbrances on their shares in the company for the financial year ending March 31, 2026. This declaration was made under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The existing encumbrances, if any, among some promoters are already known and documented.

Mercury Ev-Tech Ltd has clarified that there is no additional information or announcements that may have impacted the price movement of its shares. The company's management is not connected to the price movement, which is attributed to prevailing market conditions. The company has been regularly disseminating price sensitive information as required by Regulation 30 of SEBI (Listing Observations and Disclosure Requirements) Regulations, 2015, and is committed to complying with corporate governance requirements.

Mercury Ev-Tech Ltd has announced the closure of its trading window for all directors, promoters, designated persons, and any person having contractual or fiduciary relations with the company. The closure will take effect from 1st April 2026 and will remain in force until 48 hours after the declaration of the audited financial results for the quarter and year ending 31st March 2026. The board meeting for the approval of the audited financial results will be announced at a later date.

Crisil Ratings Limited, the Monitoring Agency, has submitted a report on the utilization of proceeds from the Preferential Issue (PI) of Mercury EV-Tech Limited for the quarter ended December 31, 2025. The report confirms that all utilization is as per the disclosures in the Offer Document and there are no deviations from the objects of the issue. The unutilized proceeds are parked in fixed deposits and current accounts with a bank. Crisil Ratings shall continue to monitor the issue proceeds amount.

Mercury Ev-Tech Ltd has announced its unaudited standalone and consolidated financial results for the quarter and nine-months ended 31st December 2025. The results have been subject to a limited review by the statutory auditor, Tejas K. Soni & Co. The Board of Directors approved the results in their meeting on 12th February 2026. The financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) and other generally accepted accounting principles in India.