Please refer the enclosed file.
MERCURYEV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mercury Ev-Tech Ltd has issued the notice for its 39th AGM scheduled for Monday, December 15, 2025 at 12:00 p.m. (IST) at the registered office in Vadodara, Gujarat. Remote e-voting will run from December 12 to December 14, 2025, with a cut-off date of December 8, 2025. Ordinary business includes adoption of audited financial statements for FY ending March 31, 2025 and re-appointment of Mr. Darshankumar Jitendra Shah as a director retiring by rotation. Special business includes appointing Mrs. Riya Vinodbhai Sharma as a Non-Executive Independent Director for 5 years from October 1, 2025, and appointing M/s. SJV & Associates as Secretarial Auditors for 5 years (FY 2025-26 to FY 2029-30) at Rs. 60,000 per year. A special resolution seeks shareholder approval to lend up to Rs. 200 crore per entity to four related companies: DC2 Mercury Cars Pvt Ltd (69.84% holding), Powermetz Energy Pvt Ltd (100%), Traclaxx Tractors Pvt Ltd (65%), and Finmer Electric Fintech Pvt Ltd, where Chairman & MD Jayesh Thakkar is a common director.
The Rs. 200 crore per-entity related-party lending limit is large and may raise governance concerns for a small listed company; shareholders should review the use of funds and related-party disclosures before approving. The independent director appointment and secretarial auditor change are routine compliance items.