Mercantile ventures Limited has announced a board meeting scheduled for February 06, 2026, to review and approve its quarterly financial performance. The meeting represents a key corporate governance milestone as the company prepares to disclose its financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The company has formally notified BSE Limited about the upcoming board meeting in compliance with regulatory requirements. The meeting will focus on considering and approving crucial financial documents for the reporting period.

Regulatory Compliance

The board meeting notification was issued pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to provide prior intimation to stock exchanges about board meetings where financial results will be considered.

The formal communication was addressed to BSE Limited's Corporate Relations Department and bears the company's script code 538942. The notification ensures transparency and keeps stakeholders informed about important corporate developments.

Corporate Authorization

The meeting announcement was authorized and signed by E N Rangaswami, serving as Whole-time Director of Mercantile Ventures Limited. His director identification number (DIN) is 06463753, and the document was digitally signed on January 30, 2026, at 15:11:11 +05'30'.

Company Information

Mercantile Ventures Limited operates under Corporate Identification Number (CIN) L65191TN1985PLC037309, indicating its incorporation in Tamil Nadu in 1985. The company maintains its registered office at 88 Mount Road, Guindy, Chennai - 600 032, India.

The upcoming board meeting will provide stakeholders with comprehensive insights into the company's financial performance for the third quarter and nine-month period of fiscal year 2026, covering operations through December 31, 2025.

Mercantile Ventures Limited , a diversified company operating in rent and maintenance of immovable properties, manpower services, and security services, has officially completed its postal ballot process and confirmed the appointment of Mr. N Umasankar as Whole-time Director (Finance) & CFO. The company informed BSE Limited on December 17, 2025, about the successful conclusion of the voting process.

Postal Ballot Results and Regulatory Compliance

The postal ballot voting concluded on December 16, 2025, at 5:00 PM IST, with overwhelming shareholder support for both proposed resolutions. The company has fulfilled its obligations under Regulation 30 and Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

The remote e-voting process was conducted through CDSL platform from November 17, 2025, at 9:00 AM IST to December 16, 2025, at 5:00 PM IST. M/s. KRA and Associates, Practising Company Secretaries, served as the scrutinizers and submitted their report on December 17, 2025.

Director Appointment Details

Mr. N Umasankar's appointment as Whole-time Director (Finance) & CFO has been formally confirmed with effect from October 27, 2025. The appointment includes comprehensive details:

Professional Background and Compliance

Mr. Umasankar brings extensive experience in finance and administration spanning 32 years. His professional background includes roles as Joint General Manager at SDBCISCO (India) Ltd., Assistant Registrar (Finance) at IIIT Chennai, and General Manager Finance at i3 Security Pvt. Ltd. The company has confirmed that he is not debarred from holding the office of director by virtue of any SEBI order or any other authority.

Recent Financial Performance Context

The leadership appointment comes as the company reported mixed results for the quarter ended September 30, 2025. While standalone operations showed challenges with a net loss of ₹18.96 lakhs compared to a profit of ₹18.77 lakhs in the previous year, consolidated results demonstrated strong performance:

With the formal confirmation of Mr. Umasankar's appointment as CFO and Whole-time Director (Finance), Mercantile Ventures aims to strengthen its financial leadership and optimize operations across its diversified business segments of property management, manpower services, and security services.