Outcome of the EGM held today 11.04.2025 at 02:00 PM at Registered Address of the Company
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Mercury Trade Links held an Extra Ordinary General Meeting on 11 April 2025 at its registered office in Ahmedabad, chaired by Managing Director Aashray P Lakhani. Three key resolutions were put before shareholders for approval: reclassification of authorized equity share capital with changes to the Memorandum of Association, sub-division (split) of share capital into smaller denominations, and addition of new business activities to the company's objects clause. The new business areas being added include contract farming, jewellery and precious metals trading, and real estate development and construction. Remote e-voting was conducted between 8 April and 10 April 2025 via CDSL, and the final voting results will be announced separately within two working days after the scrutinizer submits the report.
If approved, shareholders could see a stock split that may improve share liquidity and affordability. The expansion into agriculture, jewellery, and real estate represents a significant diversification beyond the company's existing operations, which could reshape its business profile and investor appeal. Actual voting results are pending and will be disclosed shortly.