Announced Mon, 13 Jul, 2026 · 16:52 IST
Record date fixed for amalgamation with Mercantile Ventures
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reactionminutes from the announcement price · days from the prior close
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₹15.87
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announcement price
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Nifty Microcap 250market · in no size index; the smallest one is used-0.4%—
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UpDownMarket · Nifty Microcap 250Pending
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AI summary
India Radiators has fixed Friday, 24 July 2026 as the record date for the Scheme of Amalgamation with Mercantile Ventures Limited. Shareholders on record will receive shares of Mercantile Ventures under the scheme. Exchange ratio: 10 equity shares of Mercantile Ventures (face value INR 10) for every 36 equity shares of India Radiators (face value INR 10).
Likely market impact
Eligible shareholders will receive Mercantile Ventures shares per the 10:36 swap ratio; the amalgamation will reshape shareholding.