Mercury trade links Limited has announced the reconstitution of its Audit Committee following a Board meeting held on Saturday, April 04, 2026. The decision was made in compliance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The Board of Directors convened on April 04, 2026, to consider and approve the reconstitution of the Audit Committee. The meeting commenced at 05:00 PM and concluded at 05:30 PM, with the new committee composition taking effect immediately from the same date.

New Audit Committee Composition

The reconstituted Audit Committee comprises three members, ensuring compliance with Regulation 18 of the SEBI LODR Regulations, 2015:

Regulatory Compliance

The company confirmed that the new Audit Committee structure adheres to all requirements prescribed under Regulation 18 of the SEBI LODR Regulations, 2015. This reconstitution demonstrates Mercury Trade Links Limited's commitment to maintaining robust corporate governance standards and regulatory compliance.

Company Information

Mercury Trade Links Limited, incorporated with CIN L01100GJ1985PLC144317, operates from its registered office at 624, Solaris Business Hub, Naranpura, Bodakdev, Ahmedabad, Gujarat. The announcement was signed by Managing Director Prashantbhai Nareshbhai Nayak (DIN: 11220150) and communicated to BSE Limited for record-keeping purposes.

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.