Mercury EV-Tech Limited has announced a key leadership appointment, naming Ms. Krishna Tejashkumar Naik as its new Company Secretary and Compliance Officer. The appointment was formally approved during a board meeting held on December 12, 2025, marking an important step in the company's corporate governance structure.

Board Meeting Details and Approval

The board of directors convened on Friday, December 12, 2025, to deliberate on this significant appointment. The meeting details are outlined below:

The board meeting was conducted in accordance with regulatory requirements and corporate governance standards, ensuring proper deliberation on the appointment decision.

New Appointment Details

Ms. Krishna Tejashkumar Naik brings professional credentials and extensive experience to her new role at Mercury EV-Tech Limited. Her appointment details are as follows:

As Company Secretary and Compliance Officer, Ms. Naik will be responsible for ensuring regulatory compliance and maintaining corporate governance standards within the organization. The company has confirmed that she is not related to any directors of the company.

Regulatory Compliance and Disclosure

Mercury EV-Tech Limited has fulfilled its disclosure obligations by informing BSE Limited about this corporate development under scrip code 531357. The company communicated the board meeting outcome under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, which mandates timely disclosure of material events and corporate developments.

The disclosure was made in compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, regarding changes in key managerial personnel.

Corporate Governance Significance

The appointment of a qualified Company Secretary strengthens Mercury EV-Tech Limited's corporate governance framework. As a Key Managerial Personnel, Ms. Naik will play a crucial role in ensuring compliance with regulatory requirements and maintaining effective communication between the company and regulatory authorities. This appointment demonstrates the company's commitment to maintaining robust governance practices and regulatory compliance standards in the automobile sector.

Mercury EV-Tech Limited , a player in the electric vehicle sector, has announced a significant expansion of its presence in South India. The company has opened three new dealership showrooms in Tamil Nadu, marking a strategic move to strengthen its market position and enhance customer outreach in the region.

Expansion Details

The company has provided the following information about the new dealerships:

Strategic Implications

This expansion aligns with Mercury EV-Tech Limited's business growth strategy. The company expects these new showrooms to:

1. Strengthen its market presence in South India
2. Improve customer outreach in the region
3. Support the company's overall business expansion plans

The inauguration of these showrooms represents a significant step in Mercury EV-Tech's efforts to capture a larger share of the growing electric vehicle market in South India.

Company's Statement

In its disclosure to the BSE, Mercury EV-Tech Limited stated that this expansion is "in line with the Company's business expansion strategy and is expected to strengthen our market presence and outreach."

The company has also shared glimpses from the inaugural ceremony, underlining the importance of this expansion in its growth narrative.

As the electric vehicle market in India continues to evolve, such strategic expansions could play a crucial role in determining market leaders. However, the actual impact of this expansion on Mercury EV-Tech's market position and financial performance remains to be seen in the coming quarters.