Mercantile Ventures Ltd

Mercantile Ventures Shareholders Approve Key Leadership Appointments 📊✅

- Mr. N Umasankar (DIN: 07975664) appointed as Director via Ordinary Resolution

- Mr. N Umasankar also appointed as Whole-time Director (Finance) & CFO via Special Resolution

- Remote e-voting conducted via CDSL (Nov 17 - Dec 16, 2025)

- Both resolutions passed with required majority, as confirmed by scrutinizer M/s. KRA and Associates

- Resolution 1 voting results:

• Promoters: 100% in favor (81,213,945 votes)

• Public Non-Institutions: 99.999% in favor (19,386,999 votes for, 202 against)

- Resolution 2 showed identical voting patterns

- Total votes polled: 100,601,146 (89.89% of outstanding shares)

- Results officially declared on December 17, 2025 by Whole-time Director E N Rangaswami (DIN: 06463753)