Mercantile Ventures Ltd (MERCANTILE) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Mercantile Ventures Ltd on NSE and BSE, with an AI summary of each filing.
Mercantile Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve the unaudited Standalone ....
Intimation · 06 Nov 2026, 5:30 am
Mercantile Ventures to Consider Q2 Results on 6th Nov'26 Mercantile Ventures Limited has informed BSE that its Board of Directors is scheduled to meet on 6th Nov'26. The board will, inter alia, consider and approve the company's unaudited standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26, in compliance with Regulation 29 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Scrutinizer Report for the 25th AGM of the Company
Annual General Meeting · 25 Sept 2026, 10:42 pm
Outcome of the 25th Annual General Meeting
Annual General Meeting · 24 Sept 2026, 10:03 pm
25th Annual General Meeting of the Company scheduled to be held on Thursday, 24th September 2026 at 11:00 A.M. (IST) through Video Conferencing.
Annual General Meeting · 29 Aug 2026, 10:30 pm
Annual report of the Company for the FY 2025-26
Others (Uncategorized) · 29 Aug 2026, 10:11 pm
Effectiveness of Scheme of Amalgamation of M/s. Walery Security Management Limited (Transferor Company), a subsidiary of the Company with M/s. i3 Security Private Limited (Transferee Company), ....
Others (Uncategorized) · 22 Aug 2026, 6:46 pm
Mercantile Ventures Subsidiary Amalgamation Becomes Effective Mercantile Ventures has announced the effectiveness of its subsidiary amalgamation scheme as of 22nd Aug'26. The scheme involves the merger of Walery Security Management Limited (Transferor Company) into i3 Security Private Limited (Transferee Company), both being subsidiaries of Mercantile Ventures. The 'Appointed Date' for the scheme is 01st Jan'24. Following the amalgamation, Walery Security Management will be dissolved. This corporate action will not result in any change to the shareholding pattern of the listed parent company, Mercantile Ventures Limited.
25th Annual General Meeting (AGM) of the Company.
Annual General Meeting · 14 Aug 2026, 10:36 pm
Re-appointment of Mr. E N Rangaswami (DIN: 06463753) as Wholetime Director
Change in Management · 14 Aug 2026, 5:33 pm
Mercantile Ventures Re-Appoints Whole-Time Director for Three-Year Term Mercantile Ventures' board approved the re-appointment of Mr. E N Rangaswami as Whole-time Director on 14th Aug'26, subject to shareholder approval. The new three-year term is effective from 05th Dec'26 to 04th Dec'29. Mr. Rangaswami, an Associate Chartered Accountant with over 47 years of experience, has been with the company for 14 years and is responsible for its complete operations. He holds directorships in several other private companies and is not debarred by SEBI from holding office.
Unaudited Standalone and Consolidated financial results of the Company for the Quarter ended June 30, 2026
Outcome · 14 Aug 2026, 5:29 pm
Mercantile Ventures: Q1 FY27 Results and Board Meeting Outcomes For Q1 FY27 ended 30th Jun'26, Mercantile Ventures reported standalone Net Profit of ₹72.93 lakhs vs. a loss of ₹68.20 lakhs YoY. Total income was ₹1,187.00 lakhs, down 0.1% QoQ but up 16.1% YoY. Consolidated Net Loss was ₹65.07 lakhs compared to a loss of ₹111.95 lakhs YoY. The Board re-appointed Mr. EN Rangaswami as Whole-time Director for three years and scheduled the 25th AGM for 24th Sep'26. A qualified opinion was noted on valuing a ₹22 crore investment in a subsidiary.
Results
Financial Result · 14 Aug 2026, 5:26 pm
Mercantile Ventures Q1FY27 Results, Director Reappointment, and AGM Date Mercantile Ventures reported Q1FY27 standalone PAT of ₹72.93 lakhs vs. a loss of ₹68.20 lakhs YoY. Total income was ₹1,187.00 lakhs, down 0.1% YoY. Consolidated PAT was ₹121.80 lakhs vs. a loss of ₹58.28 lakhs YoY. The board approved the un-audited financials on 14 Aug'26, reappointed Mr. EN Rangaswami as Whole-time Director for three years from 05 Dec'26, and scheduled the 25th AGM for 24 Sep'26. The NCLT approved the amalgamation of India Radiators with the company, effective 23 Jul'26.
Outcome of the Board meeting
Outcome · 14 Aug 2026, 5:21 pm
Mercantile Ventures Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakhs) ■ Revenue: 2,303 (+9.3% YoY | -2.7% QoQ) ■ EBITDA: -5.0 (+82.9% YoY | +76.6% QoQ) ■ EBITDA Margin (%): -0.2 (+118 bps YoY | +69 bps QoQ) ■ PAT: -65.1 (+41.9% YoY | Profit to Loss QoQ) ■ EPS (INR): -0.06 (+40.0% YoY | Profit to Loss QoQ) Mercantile Ventures Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakhs) Segmental Performance Rent and Maintenance of immovable properties ■ Revenue: 198 (+1.1% YoY | +0.1% QoQ) ■ EBIT: 76.8 (-7.0% YoY | -27.8% QoQ) ■ EBIT Margin (%): 38.8 (-337 bps YoY | -1498 bps QoQ) Manpower Services ■ Revenue: 822 (-0.4% YoY | -6.2% QoQ) ■ EBIT: 64.3 (+1.5% YoY | +827.1% QoQ) ■ EBIT Margin (%): 7.8 (+14 bps YoY | +703 bps QoQ) Security Services ■ Revenue: 1,283 (+18.1% YoY | -0.8% QoQ) ■ EBIT: -13.3 (Profit to Loss YoY | Profit to Loss QoQ) ■ EBIT Margin (%): -1.0 (Profit to Loss YoY | Profit to Loss QoQ) Investment Activities ■ Revenue: 248 (+1799.3% YoY | +18.4% QoQ) ■ EBIT: 248 (+1799.3% YoY | +18.4% QoQ) ■ EBIT Margin (%): 100 (+0 bps YoY | +0 bps QoQ)
Mercantile Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve the unaudited Standalone ....
Intimation · 14 Aug 2026, 5:30 am
Mercantile Ventures Board Meeting on 14th Aug'26 for Q1FY27 Results Mercantile Ventures (BSE: 538942) has scheduled a Board of Directors meeting for Fri, 14th Aug'26. The agenda includes the consideration and approval of the unaudited standalone and consolidated financial results for the quarter ended 30th Jun'26. This meeting will determine the company's financial performance for the first quarter of the fiscal year.
Allotment pursuant to Scheme of Amalgamation
Others (Uncategorized) · 04 Aug 2026, 11:20 pm
Mercantile Ventures Allots Shares Under Amalgamation Scheme Mercantile Ventures' board approved the allotment of 1,53,161 new equity shares of Rs. 10 each on 04 Aug'26. This is part of the amalgamation scheme with India Radiators Limited. The share exchange ratio was 10 Mercantile shares for every 36 India Radiators shares held. Consequently, the company's paid-up equity share capital increased from 11,19,18,195 to 11,20,71,356 shares. The new shares will be listed and traded on the BSE pending further formalities. The record date was 24 Jul'26.
Intimation regarding effectiveness of the Scheme of Amalgamation and filing of Form INC 28 on 23.07.2026.
Others (Uncategorized) · 23 Jul 2026, 10:46 pm
Mercantile Ventures Completes Amalgamation with India Radiators Mercantile Ventures has announced that its scheme of amalgamation with India Radiators became effective on 23rd Jul'26, following the filing of Form INC-28. Consequently, India Radiators is dissolved. Mercantile Ventures' authorized share capital has increased from ₹130.09 cr to ₹151.09 cr. The new structure comprises 11.61 cr equity shares of ₹10 each and 3.5 cr preference shares of ₹10 each. This change accommodates the merger and alters the company's capital base, as sanctioned by the NCLT on 8th Jul'26.
Intimation of Hon''ble NCLT Order sanctioning the Scheme of Amalgamation of M/s. Walery Security Management Limited (Transferor Company), a subsidiary of the Company with M/s. i3 Security ....
Others (Uncategorized) · 22 Jul 2026, 11:27 pm
NCLT Approves Amalgamation of Mercantile Ventures' Subsidiaries The National Company Law Tribunal (NCLT), Chennai Bench, has sanctioned the amalgamation of Walery Security Management Limited (Transferor) with i3 Security Private Limited (Transferee), both subsidiaries of Mercantile Ventures. The appointed date for the scheme is 01 Jan '24. This internal reorganization consolidates security services businesses and will not alter the shareholding pattern of the listed company. The transferor company had nil turnover in FY26, while the transferee company's turnover was Rs. 5087.67 lakhs. The scheme will become effective upon filing the NCLT order.
Regulation 42 - SEBI LODR - The record date is fixed on Friday, 24th July 2026, for the purpose of determining the eligible shareholders of India Radiators Limited (Transferor Company) ....
Others · 13 Jul 2026, 10:19 pm
Mercantile Ventures Sets Record Date for Amalgamation with India Radiators Mercantile Ventures (BSE: 538942) has set 24th Jul'26 as the record date for its amalgamation with India Radiators Ltd. The purpose is to determine eligible India Radiators shareholders for share allotment. The share exchange ratio is fixed at 10 equity shares of Mercantile Ventures (FV ₹10) for every 36 equity shares held in India Radiators (FV ₹10). This action is pursuant to Regulation 42 of SEBI LODR for the approved scheme of amalgamation.
Outcome of the circular resolution passed on July 13th 2026
Others (Uncategorized) · 13 Jul 2026, 10:07 pm
Mercantile Ventures Board Approves Amalgamation Scheme, Sets Record Date Mercantile Ventures has approved the amalgamation of India Radiators Limited, as sanctioned by the NCLT on 08th Jul'26. The board has set a share exchange ratio of 10 Mercantile Ventures shares for every 36 India Radiators shares. Both companies have mutually agreed on 24th Jul'26 as the record date to determine shareholder eligibility for the share swap. The appointed date for the scheme is 01st Jan'25. The scheme will become effective upon filing the NCLT order with the Registrar of Companies.
Pronouncement of Order approving Scheme of Amalgamation by Hon''ble National Company Law Tribunal, Division Bench (Court - I), Chennai.
Others (Uncategorized) · 07 Jul 2026, 4:35 pm
NCLT Approves Amalgamation of India Radiators with Mercantile Ventures The National Company Law Tribunal (NCLT) Chennai Bench sanctioned the Scheme of Amalgamation of India Radiators Limited (Transferor) with Mercantile Ventures Limited (Transferee) via an order pronounced on 02 Jul'26. The 'Appointed Date' for the scheme is set for 01 Jan'25. Post-amalgamation, Mercantile Ventures will issue 10 of its equity shares (face value INR 10/-) for every 36 equity shares held in India Radiators. The scheme aims to reduce operational costs, enhance efficiency, and create synergies for the combined entity.
Intimation under regulation 30
Others (Uncategorized) · 06 Jul 2026, 10:44 pm
Mercantile Ventures' Amalgamation Petition Disposed by NCLT Mercantile Ventures (BSE: 538942) announced on 6 Jul'26 that the National Company Law Tribunal (NCLT) has disposed of the petition for its Scheme of Amalgamation with India Radiators Limited. The NCLT website shows the status as "Disposed," signifying progress in the merger process where India Radiators is the transferor and Mercantile Ventures is the transferee. The company is currently awaiting the certified NCLT order for further action.
Audited financial results (Standalone & Consolidated) of the Company for the quarter and year ended 31st March 2026.
Outcome · 27 May 2026, 9:27 pm
Mercantile Ventures Q4FY26 Results Show Higher Revenue, Lower Profitability For Q4FY26, Mercantile Ventures reported standalone net profit of ₹141.53 lakhs, down 77.8% YoY but up 186.5% QoQ. Total income rose 10.8% YoY to ₹1,271.18 lakhs. For FY26, net profit fell 78.1% YoY to ₹131.98 lakhs, while income grew 16.8% YoY to ₹4,543.25 lakhs. The consolidated audit report has a qualified opinion regarding the fair value assessment of a ₹22 crore investment in preference shares by a subsidiary, Walery Security Management, due to the absence of valuation reports.
Audited financial results for the quarter and year ended 31st March 2026
Financial Result · 27 May 2026, 9:23 pm
Mercantile Ventures Q4FY26 Standalone Net Profit Declines 78% YoY Mercantile Ventures reported a standalone net profit of Rs 141.53 lakhs for Q4FY26, a 77.8% YoY decline from Rs 636.96 lakhs, though up 186.5% QoQ. Total income for the quarter grew 10.8% YoY to Rs 1,271.18 lakhs. For the full year FY26, net profit fell 80.9% YoY to Rs 131.98 lakhs, while total income increased 16.8% to Rs 4,543.25 lakhs. The consolidated auditor's report carried a qualified opinion regarding the valuation of a Rs 22 crore investment in preference shares held by a subsidiary.
Audited financial results for the quarter and year ended 31st March 2026
Outcome · 27 May 2026, 9:15 pm
Mercantile Ventures Ltd - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Lakh) ■ Revenue: 2,367 (+22.9% YoY | -5.6% QoQ) ■ EBITDA: -21.5 (Profit to Loss YoY | Profit to Loss QoQ) ■ EBITDA Margin (%): -0.9 (Profit to Loss YoY | Profit to Loss QoQ) ■ PAT: 351 (-61.4% YoY | +22.9% QoQ) ■ EPS (INR): 0.31 (-61.7% YoY | +19.2% QoQ) Mercantile Ventures Ltd - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Lakh) Segmental Performance Rent and Maintenance of immovable properties ■ Revenue: 198 (+3.6% YoY | +0.5% QoQ) ■ EBIT: 106 (-6.8% YoY | +6.9% QoQ) ■ EBIT Margin (%): 53.7 (-599 bps YoY | +319 bps QoQ) Manpower Services ■ Revenue: 876 (+11.3% YoY | -0.7% QoQ) ■ EBIT: 6.9 (-90.9% YoY | -87.9% QoQ) ■ EBIT Margin (%): 0.8 (-885 bps YoY | -568 bps QoQ) Security Services ■ Revenue: 1,293 (+36.5% YoY | -9.4% QoQ) ■ EBIT: 88.0 (+552.4% YoY | +119.4% QoQ) ■ EBIT Margin (%): 6.8 (+538 bps YoY | +399 bps QoQ) Investment Activities ■ Revenue: 209 (+7.1% YoY | +211.5% QoQ) ■ EBIT: 209 (+7.1% YoY | +211.5% QoQ) ■ EBIT Margin (%): 100 (+0 bps YoY | +0 bps QoQ)
Mercantile Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2026 ,inter alia, to consider and approve the Audited Standalone ....
Intimation · 27 May 2026, 5:30 am
Mercantile Ventures Board Meeting Scheduled for Q4 & FY26 Results Mercantile Ventures has scheduled a Board of Directors meeting on 27th May'26 to consider and approve its audited standalone and consolidated financial results. The meeting will address the financial performance for the quarter and fiscal year ending 31st Mar'26. This announcement, made under SEBI's Regulation 29, sets the date for the release of key annual and fourth-quarter earnings data.
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Others (Uncategorized) · 30 Apr 2026, 9:01 pm
Mercantile Ventures Confirms It Is Not a Large Corporate for FY26 Mercantile Ventures Limited (Scrip: 538942) formally notified the BSE on 30 Apr'26 that it does not meet the criteria to be classified as a "Large Corporate" for the financial year ended 31 Mar'26, as per SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172. Consequently, the company is not required to submit the Initial and Annual Disclosures associated with this framework. The filing confirmed the company had no outstanding borrowings as of the last reporting period.
Filing of Second motion petition with Hon''ble National Company Law Tribunal, Chennai
Others (Uncategorized) · 23 Mar 2026, 10:25 pm
Mercantile Ventures Files Second Motion Petition with NCLT for Amalgamation Mercantile Ventures Limited filed a Second Motion Petition with the NCLT Chennai Bench on 23 Mar'26 for the Scheme of Amalgamation of India Radiators Limited (Transferor) with itself (Transferee). This filing is a key procedural step following earlier disclosures related to the proposed merger. The petition advances the amalgamation process under Sections 230 to 232 of the Companies Act, 2013, moving it closer to regulatory consideration and final approval, which will be a material event for the company.