Mercantile Ventures Ltd

📢 Mercantile Ventures Ltd Seeks Shareholder Approval for Key Leadership Appointments

- Board approved Postal Ballot Notice on 27-10-2025 for shareholder voting.

- Two resolutions: (i) Appointment of Mr. N Umasankar (DIN: 07975664) as Director, (ii) Appointment as Whole-time Director (Finance) & CFO.

- Proposed annual remuneration: ₹39 lakhs, tenure from 27-10-2025 to 26-10-2027.

- Remote e-Voting: 17-11-2025 (9:00 AM IST) to 16-12-2025 (5:00 PM IST). Eligibility cut-off: 07-11-2025.

- Results to be declared by 18-12-2025.

- Mr. Umasankar has 32 years of experience, holds B.A. in Corporate Studies and MBA in Finance & HR.

- Notice available on company website and CDSL portal.