Mercantile Ventures Ltd provides leasing of properties and Manpower supply servicesBusiness Overview: MVL, formerly an NBFC, is engaged in leasing of properties, facility management and providing manpower services. It acquires immovable properties for letting them out on lease or for resale
Mercantile Ventures Limited has announced a board meeting on August 4, 2025. At this meeting, the Board approved the standalone and consolidated financial results for the quarter ended June 30, 2025. These unaudited results, along with the auditor's limited review report, are now available on the company's website and the...
Mercantile Ventures' Board has approved key auditor appointments. M/s. KRA & Associates, a peer-reviewed firm, will serve as Secretarial Auditors for five years (FY2025-26 to FY2029-30), pending shareholder approval. This move aims to bolster the company's long-term corporate governance and compliance. Additionally, Ms. Ramya Ganapathy, a Chartered Accountant, has been...
Mercantile Ventures' board approved its Q1 financial results. Standalone net profit was Rs. 0.30 Cr, but consolidated results showed a net loss of Rs. 0.87 Cr. A significant audit qualification highlighted a Rs. 22 Cr investment in a subsidiary's preference shares with unassessed fair value and unpaid dividends, impacting consolidated...
Mercantile Ventures Limited announced a significant change in its board, with Mr. M S Niranjhan stepping down as an Independent Director. He attributed his resignation to pressing professional and personal commitments, affirming no other material reasons. This development alters the company's independent oversight and board composition. Investors should note this...
Mercantile Ventures has responded to a query from BSE regarding recent unusual price and volume movements in its shares. The company stated it has consistently made all required disclosures and has not withheld any material information that could impact its share price. Furthermore, there are no impending announcements. The company...
