Mercury Ev-Tech Ltd — Important, 01-06-2026: Company Update

This document compiles several financial updates. Karnataka Bank has issued multiple e-auction notices for various immovable properties to recover outstanding dues from defaulting borrowers, with individual recovery amounts ranging from several lakhs to over Rs. 16.94 Cr. Similar asset recovery actions under the SARFAESI Act have been initiated by Tyger Home Finance Private Limited and J M Financial Asset Reconstruction Company Limited for properties with substantial outstanding amounts. Separately, Mercury EV-Tech Limited and Econa (India) Limited have each announced a board meeting to consider and approve their audited financial results for the quarter and financial year.