Mercantile Ventures Ltd — Updates, 31-07-2025: Company Update

Mercantile Ventures Limited announced a significant change in its board, with Mr. M S Niranjhan stepping down as an Independent Director. He attributed his resignation to pressing professional and personal commitments, affirming no other material reasons. This development alters the company's independent oversight and board composition. Investors should note this update as the departure of an Independent Director can influence governance and strategic direction. The company has formally accepted his decision.