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Awaiting price reaction for this filing.
Mercury Trade Links held a board meeting on 13 August 2025 and approved three items: (1) the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025), (2) the appointment of Ms. Kajalben Maheshbhai Parmar as an Additional Non-Executive Independent Director, and (3) the appointment of Mr. Dharamsingh Tarasingh Juni as an Additional Non-Executive Director. Both new appointees are independent of existing directors, KMPs, and promoters, and neither holds directorship in other listed companies. The Q1 FY26 results are weak — revenue from operations fell to zero (vs ₹790.12 lakhs in Q1 FY25 and ₹8,583.04 lakhs for FY25), and the company swung to a net loss of ₹13.46 lakhs (vs a profit of ₹70.74 lakhs in Q1 FY25), translating to an EPS of -₹0.10.
The new directors bring experience in agro industry and administration but are non-executive roles with no direct operational impact. The flat-zero revenue and loss in Q1 FY26 — following a sharp drop from the full-year FY25 base — is a red flag for shareholders and could weigh on the stock in the near term.