MERCANTILEBSEMERCANTILE VENTURES LTD.LowNeutral
Announced Sat, 29 Aug · 17:00 IST

25th AGM on 24 Sep 2026; RPT with SPIC and WTD re-appointment on agenda

Board & Shareholder Meetings View source PDFExplain this filing

MERCANTILE · price

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AI summary

Mercantile Ventures 25th AGM set for 24 Sep 2026 at 11 AM via video conferencing. Agenda includes adoption of FY26 audited financial statements (Revenue Rs 42.93 cr, PAT Rs 1.27 cr), re-appointment of K Gopalakrishnan (retiring by rotation), approval for material related party transactions with SPIC up to Rs 20 cr covering lease, manpower and security services, and re-appointment of E N Rangaswami as Whole-time Director for 3 years at Rs 85 lakh per year, up from Rs 65 lakh. Remote e-voting runs 21 to 23 Sep 2026.

Likely market impact

Shareholders to vote on FY26 results adoption, Rs 20 cr RPT with SPIC, and 3-year WTD re-appointment with pay raise.