Mercury Laboratories Ltd — Dividend/Bonus, 14-05-2025: Corp. Action

Mercury Laboratories has announced a board meeting outcome including approval of the financial results for the quarter and half-year ended March 31, 2025, with an unmodified auditor opinion. The Board has proposed a final dividend of 35% (Rs 3.50 per share) subject to shareholder approval. Mr. Sanjay Patel has been appointed as Non-Executive Independent Director and Chairman, while Mr. Rajendra Shah is recommended for re-appointment as Managing Director for a 3-year term starting April 1, 2026. Mr. Bharat Mehta retired as Independent Director. New appointments include Dholakia & Associates LLP as Secretarial Auditor (2025-30), K R & Associates as Internal Auditor, and V M Patel & Associates as Cost Auditor for FY 2025-26. The 44th AGM will be held via video conferencing. Financially, the company reported revenue of Rs 75.10 Cr and net profit of Rs 3.14 Cr for FY 2024-25.