MERCANTILEBSEMercantile Ventures LtdMediumNeutral
Announced Mon, 1 Sept · 16:16 IST

Annual Report of the Company for the FY 2024-25 along with the Notice of the 24th Annual General Meeting

Board & Shareholder Meetings View source PDF

MERCANTILE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mercantile Ventures Ltd has submitted its Annual Report for the financial year ended March 31, 2025 along with the Notice of its 24th Annual General Meeting, in line with SEBI LODR Regulation 34(1). The 24th AGM will be held on Thursday, 25th September 2025 at 3:00 PM (IST) through video conferencing. The AGM will consider adoption of standalone and consolidated financial statements, re-appointment of Mr. K Gopalakrishnan (Non-Executive Non-Independent Director), approval of material related party transactions with M/s Southern Petrochemical Industries Corporation Limited (SPIC) up to Rs. 20 crores (27.71% of consolidated turnover), and appointment of M/s. KRA & Associates as Secretarial Auditors for a 5-year term (FY 2025-26 to FY 2029-30) at Rs. 75,000 per annum. The Annual Report has been circulated via email and is available on the company's website. Remote e-voting window is from 22nd to 24th September 2025.

Likely market impact

This is a routine annual compliance filing and does not directly affect stock price. Shareholders should review the agenda items before voting, particularly the material related party transaction with SPIC (worth up to Rs. 20 crores) and the proposed Secretarial Auditor appointment, both requiring shareholder approval at the AGM.