MERCANTILE · price
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Awaiting price reaction for this filing.
Mercantile Ventures' board, at its meeting on 27th October 2025, approved the unaudited standalone and consolidated financial results for the quarter and half-year ended 30th September 2025, along with the limited review report from statutory auditors. The board also appointed Mr. N Umasankar (DIN: 07975664) as Additional Director designated as Whole-time Director (Finance) & CFO. Mr. Umasankar has 32 years of finance and administrative experience, holds an MBA in Finance and HR, and has previously served at SDB CISCO (India), IIIT Chennai, and i3 Security. His term is for two years (27 Oct 2025 to 26 Oct 2027), liable to retire by rotation. He is not debarred by SEBI from holding a director position.
The company has filled its CFO position with a seasoned finance professional, which may strengthen financial oversight. Investors should review the attached Q2 FY26 results for actual earnings performance, as no revenue or profit numbers were disclosed in this outcome filing.