Mercantile Ventures Ltd — Important, 13-03-2026: Company Update

Mercantile Ventures Limited convened a meeting of its equity shareholders to consider and approve a Scheme of Amalgamation with India Radiators Limited. The meeting, held via video conferencing as per an NCLT order, facilitated shareholder discussion and electronic voting on the proposed scheme. Shareholders were apprised of the scheme's details, and their queries were addressed. Voting was conducted through remote e-voting and also made available during the meeting for those who hadn't cast their votes.