Mercantile Ventures Share Price Today

Mercantile Ventures AGM outcome: All resolutions passed with requisite majority

All four resolutions passed with requisite majority. Financial statements for FY26 adopted by shareholders. E N Rangaswami re-appointed as Whole-time Director for three years. Related party transactions with SPIC approved by non-related shareholders.

Mercantile Ventures sets Sep 24 AGM for SPIC RPT, director reappointments

Mercantile Ventures schedules its 25th AGM for September 24, 2026, via video conference. Shareholders to approve ₹20 crore related-party transactions with SPIC for services. E N Rangaswami seeks reappointment as Whole-time Director for three years until 2029. Remote e-voting period runs from September 21 to September 23, 2026.

Mercantile Ventures amalgamation scheme effective August 22

Amalgamation scheme between Walery Security and i3 Security effective August 22, 2026. NCAT Chennai sanctioned the scheme on July 23, 2026. Walery Security to be dissolved without winding up. No change in Mercantile Ventures shareholding pattern.

Mercantile Ventures loss narrows in Q1FY26; AGM set for Sept 8

Mercantile Ventures narrowed its Q1FY26 consolidated loss to ₹65.07 lakh from ₹111.95 lakh in the prior year, while posting a standalone net profit of ₹71.66 lakh. Consolidated revenue rose 9.3% YoY to ₹2,303.23 lakh. Investment income surged to ₹247.86 lakh, offsetting operational pressures. The 25th AGM is scheduled for September 8, 2026.

Mercantile Ventures amalgamation with India Radiators effective July 23

Mercantile Ventures Limited completed its amalgamation with India Radiators Limited on July 23, 2026, following NCLT approval. The transferor company is dissolved, and Mercantile Ventures' authorized capital increased to ₹15,109 Lakhs, including a significant rise in preference shares.

NCLT sanctions Mercantile Ventures subsidiary amalgamation scheme

NCLT approves the merger of Walery Security Management Limited into i3 Security Private Limited, subsidiaries of Mercantile Ventures Limited, effective January 1, 2024. The scheme features a 5:2 share exchange ratio and aims to consolidate security services. The transferor company will dissolve without winding up, with no impact on the listed entity's shareholding pattern.