Mercantile Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/04/2025 ,inter alia, to consider and approve the Scheme of Arrangement. In ....
MERCANTILE · price
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Awaiting price reaction for this filing.
Mercantile Ventures Ltd has informed BSE that its Board of Directors will meet on Tuesday, 08 April 2025, to consider and approve a Scheme of Arrangement. The company has not disclosed further details of the scheme at this stage, stating that the relevant information will be shared with the stock exchange after the board meeting concludes. The intimation has been filed in line with SEBI LODR Regulation 30 and the SEBI circular dated 11 November 2024.
For shareholders, this is a pending corporate action — the nature, ratio, or parties involved in the Scheme of Arrangement are not yet known. The stock may see some movement once details are disclosed after the board meeting on 8 April 2025.