Mercury Trade Links Limited announced significant board-level changes following a meeting held on April 04, 2026. The company approved key leadership restructuring and new director appointments in compliance with SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as communicated to BSE Limited under Scrip Code 512415.

Leadership Designation Change

The board approved the change in designation of Mr. Prashantbhai Nareshbhai Nayak (DIN: 11220150) from Executive Director to Managing Director. This appointment is for a five-year term starting from April 04, 2026, to April 04, 2031, subject to shareholder approval in the upcoming General Meeting.

Mr. Nayak brings extensive experience in trading, which the company believes will add significant value to its business operations. He is not related to any existing directors and holds no shareholding in the company.

New Independent Director Appointments

The board appointed two new Non-Executive Independent Directors based on recommendations from the Nomination and Remuneration Committee, both effective from April 04, 2026.

Ms. Nidhi Jayantibhai Thakar Appointment

Ms. Thakar is a qualified Company Secretary with over 10 years of experience in corporate law, governance, and compliance. Her expertise includes advising boards, ensuring statutory compliance, and supporting risk and audit oversight functions.

Mr. Dinesh Kumar Koli Appointment

Mr. Koli is committed to acting in the best interests of all stakeholders and contributing to the sustainable growth and long-term success of the company.

Compliance and Regulatory Details

All appointments comply with SEBI regulations and the appointees have been confirmed as not being debarred from holding director positions by any SEBI order or other regulatory authority. The board meeting, which started at 12:00 Noon and concluded at 12:30 PM, was conducted in accordance with Regulation 30 of SEBI LODR Regulations.

The company has requested BSE Limited to take these appointments on record as compliance with applicable SEBI LODR Regulations provisions. All appointments are made pursuant to SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Mercury trade links Limited has announced that Mrs. Annuben Vipulbhai Rathod has declined to accept her appointment as a director of the company. The announcement was made through a regulatory filing to BSE Limited on April 02, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Appointment Details

Mrs. Annuben Vipulbhai Rathod (DIN: 11543050) was appointed as a Non-Executive Non-Independent Director (Additional Director) with effect from March 18, 2026. However, she has conveyed her inability to accept and assume the office due to pre-occupations.

Company Statement

The company has confirmed that Mrs. Rathod has not taken charge of the position and shall not be considered as a Director of the Company. In her formal communication to the Board of Directors, she expressed gratitude for the trust and confidence reposed in her by the Board, which had approved her appointment based on the recommendation of the Nomination and Remuneration Committee.

Regulatory Compliance

Mrs. Rathod has confirmed that there are no other material reasons for not accepting the appointment other than the pre-occupations mentioned. The disclosure indicates that she does not hold directorship in any other listed entities. The company has fulfilled its regulatory obligations by providing the required details under Regulation 30 of SEBI (LODR) Regulations, 2015.

Corporate Information

Mercury Trade Links Limited is incorporated with CIN L01100GJ1985PLC144317 and has its registered office at 624, Solaris Business Hub, Naranpura, Bodakdev, Ahmedabad, Gujarat. The regulatory filing was signed by Prashantbhai Nareshbhai Nayak (DIN: 11220150), Director of the company.