Mercantile Ventures Ltd — Important, 06-07-2026: Company Update

Mercantile Ventures Limited announced that the National Company Law Tribunal (NCLT) has disposed of the petition for the Scheme of Amalgamation of India Radiators Limited with Mercantile Ventures Limited. The status of the amalgamation scheme on the NCLT website is now "Disposed," marking a significant advancement in the merger process. The company is currently awaiting the certified copy of the NCLT Order. This development brings clarity to the corporate restructuring plans, impacting the company's future operational and financial structure for shareholders.