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Mercury Ev-Tech Ltd is in the business of Manufacturing and Trading of Electronic vehicles and other related renewable energy productsBusiness Overview: METL manufactures and trades Electronic Vehicles, related auto parts and accessories and other renewable energies related materials
Mercury EV-Tech Limited's monitoring report from Crisil Ratings details the utilization of its preferential issue proceeds. During the quarter, the company used Rs 20.30 Cr for working capital, capital expenditure, and general corporate purposes, including an investment in a subsidiary for plant and machinery. The revised issue size is Rs...
Mercury Ev-Tech Limited has inaugurated a new showroom in Dahod, a strategic move to expand its retail footprint and enhance market presence for its electric vehicle offerings. The opening ceremony, attended by key company leadership and prominent local dignitaries, underscores the company's commitment to penetrate new markets. This expansion aims...
Mercury Ev-Tech's Board has appointed Mrs. Riya Vinodbhai Sharma as a Non-Executive, Independent Director for a five-year term. This key addition, following the Nomination & Remuneration Committee's review, brings a skilled Commerce graduate specializing in accounts and finance to the board. Her practical accounting skills and detail-oriented approach are expected...
Mercury Ev-Tech Limited provided an update on its Scheme of Arrangement with EV Nest Private Limited. The company had previously filed a petition with the National Company Law Tribunal (NCLT) in Ahmedabad to secure confirmation for this arrangement. The next hearing for this matter, which is key for the company's...
Mercury EV-Tech Limited has announced a compliance certificate from its Registrar and Share Transfer Agent, Accurate Securities & Registry Private Limited, confirming timely processing of securities received for dematerialisation during the quarter ended June 30, 2025. The certificate verifies that these securities were duly mutilated or cancelled and the ownership...