Mercantile Ventures Ltd

📢 Key Leadership Update: Mr. N Umasankar Appointed as CFO of Mercantile Ventures Ltd

- Mr. N Umasankar (DIN: 07975664) appointed as Whole-time Director (Finance) & CFO, effective 27th October 2025 to 26th October 2027.

- Shareholders approved via Postal Ballot (17th Nov - 16th Dec 2025) with 99.9998% votes in favor.

- Brings 32 years of finance & admin experience, including roles at SDB CISCO (India) Ltd. and i3 Security Pvt. Ltd.

- 51,556 shareholders on record date; 89.8881% of outstanding shares voted.

- Promoters voted 100% in favor; Public Non-Institutions supported at 99.999% (0.001% against).

- Scrutinizer report issued by M/s. KRA and Associates on 17th December 2025.