Mercury EV-Tech opens Signature Showroom in Karjan

1 min read     Updated on 26 Jun 2026, 06:07 AM
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AI Summary

Mercury EV-Tech Limited has inaugurated a new Signature Showroom at Vadodara-Mumbai National Highway No-48, Near Karjan Toll plaza, Karjan, Gujarat. The inauguration was attended by key company officials including Shri Jayesh Thakkar, Chairman & Managing Director, and Mrs. Artiben Thakkar, Promoter. The event also saw the presence of Dr. Hemang Joshi, Honourable Member of Parliament, Vadodara, and Pujya Shri Vrajkumarji Maharajshri, Founder of VYO.

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Mercury EV-Tech Limited has expanded its retail presence by inaugurating a Signature Showroom at Vadodara-Mumbai National Highway No-48, Near Karjan Toll plaza, Karjan-391243, Vadodara, Gujarat. The facility aims to enhance the company's visibility and customer accessibility in the region. The disclosure regarding this strategic expansion was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The inauguration ceremony was attended by key representatives of the company, including Shri Jayesh Thakkar, Chairman & Managing Director, and Mrs. Artiben Thakkar, Promoter of the company. The event was also graced by Dr. Hemang Joshi, Honourable Member of Parliament, Vadodara, along with other esteemed dignitaries and distinguished guests. The occasion was blessed by the divine presence of Pujya Shri Vrajkumarji Maharajshri, Gadipati Shri Vallabhacharyaji Peeth, Vrajdharm & Founder of VYO.

Event Details

The opening event featured traditional ceremonies and formal addresses. A lamp-lighting ceremony marked the auspicious beginning of the showroom's operations. The gathering included various stakeholders and community members who witnessed the ribbon-cutting ceremony.

Key Attendees

Designation Name
Chairman & Managing Director Shri Jayesh Thakkar
Promoter Mrs. Artiben Thakkar
Honourable Member of Parliament, Vadodara Dr. Hemang Joshi
Founder, VYO Pujya Shri Vrajkumarji Maharajshri

The new showroom is located at a strategic point on the national highway, potentially serving as a significant touchpoint for electric vehicle customers traveling between Vadodara and Mumbai.

Historical Stock Returns for Mercury EV-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.99%+2.05%-2.24%-2.24%-2.24%-2.24%

What are Mercury EV-Tech's revenue targets for the new showroom in the first fiscal year?

Does the company plan to open more Signature Showrooms along other national highways in India?

How will this expansion impact the company's overall market share in Gujarat's electric vehicle sector?

Mercury EV-Tech holds listing ceremony at NSE

1 min read     Updated on 05 Jun 2026, 05:00 PM
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Mercury EV-Tech Limited celebrated its listing on the National Stock Exchange of India with a ceremony on June 02, 2026. The event was attended by key management personnel and NSE officials. The listing includes 189,973,058 equity shares, with specific lock-in periods applicable to certain tranches.

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Mercury EV-Tech Limited held a listing ceremony at the National Stock Exchange of India (NSE) on June 02, 2026, commemorating the admission of its equity shares to dealings on the exchange. The event marked a significant milestone in the company's growth journey, attended by its senior management and NSE officials. The company's shares are listed under the symbol 'MERCURYEV' on the NSE Emerge platform.

The ceremony was attended by representatives of the company, including Shri Jayesh Thakkar, Chairman & Managing Director, Mrs. Artiben Thakkar, Promoter, and Shri Darshan Shah, Executive Director. From the exchange, Mr. Ashishkumar Chauhan, Managing Director & CEO, and Mr. Vinit Shastri, AVP, were present along with other distinguished guests. The event celebrated the successful listing of the company's shares.

Listing Details

The listing comprises 189,973,058 equity shares of Re. 1/- each. The securities are available for trading in the 'BE' series and will remain in the Trade-for-Trade segment until further notice. This segment requires traders to take delivery of shares and settle trades without netting.

Shareholding and Lock-in Status

A specific portion of the equity shares is subject to a lock-in period as per regulatory requirements. The majority of the shares are freely tradable immediately upon listing, while a tranche of 3,400,000 shares will remain locked until July 31, 2026.

No. of Equity Shares Distinctive Nos. From Distinctive Nos. To Lock-in Upto
175,547,392 1 175,547,392 Free
3,400,000 175,547,393 178,947,392 31-Jul-2026
11,025,666 178,947,393 189,973,058 Free
189,973,058 Total

Compliance and Future Filings

Following the listing, Mercury EV-Tech Limited is required to submit all necessary reports and documents through the NSE Electronic Application Processing System (NEAPS). The company must seek requisite exchange approvals prior to any future corporate actions, including grants or allotments.

Historical Stock Returns for Mercury EV-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.99%+2.05%-2.24%-2.24%-2.24%-2.24%

How will the release of the 3.4 million locked shares on July 31, 2026, impact the stock's liquidity and price volatility?

What are Mercury EV-Tech's strategic capital allocation plans following the successful listing on the NSE Emerge platform?

When does the company expect to transition from the Trade-for-Trade segment to a standard rolling settlement segment?

More News on Mercury EV-Tech

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