Mercury Trade Links Managing Director Aashray Lakhani Steps Down

Mercury Trade Links Limited , a company listed on the Bombay Stock Exchange (BSE: 512415), announced a significant change in its leadership. Aashray Lakhani, the company's Managing Director, has resigned from his position, citing pre-occupancy with other activities as the reason for his departure.

Key Details of the Resignation

The Board of Directors of Mercury Trade Links Limited convened a meeting on October 10, 2025, to discuss and approve several items, including the acceptance of Mr. Lakhani's resignation. The meeting, which began at 5:50 PM and concluded at 6:00 PM, resulted in the following outcomes:

Particulars	Details
Name of Director	Mr. Aashray Lakhani
Director Identification Number (DIN)	10367223
Position Resigned From	Managing Director
Effective Date of Resignation	October 10, 2025
Reason for Resignation	Pre-occupancy with other activities
Other Directorships in Listed Entities	None

Company's Statement

The company confirmed that there are no other reasons for the resignation beyond what was stated in Mr. Lakhani's resignation letter. This information was disclosed as part of the company's obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Governance Implications

The resignation of a Managing Director is a significant event for any company. It often leads to a period of transition and can potentially impact the company's strategic direction. However, Mercury Trade Links Limited has not provided any information regarding a successor or interim leadership arrangements at this time.

Investor Considerations

While leadership changes can create uncertainty, it's important for investors to note that:

The resignation appears to be amicable, with no indication of disagreements or concerns raised by either party.
Mr. Lakhani does not hold directorships in any other listed entities, which may simplify the transition process.
The company has promptly disclosed this information to the stock exchange, demonstrating compliance with regulatory requirements.

As Mercury Trade Links Limited navigates this leadership transition, stakeholders will likely be watching closely for any announcements regarding a new Managing Director and any potential shifts in company strategy or operations.

The market's reaction to this news and its impact on the company's stock price will be of interest to investors in the coming trading sessions. Shareholders and potential investors are advised to keep an eye on further announcements from the company regarding its leadership plans going forward.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.16%	+0.14%	-13.70%	-59.31%	-91.89%	-72.37%

Mercury Trade Links Limited , a company listed on the Bombay Stock Exchange, has reported a net loss for the first quarter and announced the appointment of two new directors to its board.

Financial Performance

The company's financial results for the quarter reveal a challenging period:

Particulars (in Rs. Lacs)	Q1 Current	Q1 Previous
Revenue from Operations	0.00	790.12
Total Revenue	0.00	803.58
Total Expenses	13.46	707.98
Net Profit/(Loss)	-13.46	70.74
EPS (Basic & Diluted)	-0.10	2.60

Mercury Trade Links reported a net loss of Rs 13.46 lacs for the quarter, compared to a profit of Rs 70.74 lacs in the same quarter of the previous year. The company's revenue from operations dropped to zero, down from Rs 790.12 lacs in the corresponding period of the previous fiscal year.

The loss per share stood at Rs 0.10, in contrast to earnings per share of Rs 2.60 in the first quarter of the previous financial year.

Board Appointments

In a significant move to strengthen its leadership, Mercury Trade Links announced two key appointments to its board of directors:

Ms. Kajalben Maheshbhai Parmar has been appointed as an Additional Non-Executive Independent Director. Ms. Parmar brings valuable experience from the Agro Industry, which is expected to add value to the company's business operations.
Mr. Dharamsingh Tarasingh Juni joins as an Additional Non-Executive Director. Mr. Juni comes with 10 years of experience in Administration and Management.

Both appointments are effective from August 13. The company clarified that neither of the new directors is related to any existing directors or promoters of Mercury Trade Links Limited, and neither holds directorships in other listed entities.

Company Statement

Aashray Lakhani, Managing Director of Mercury Trade Links Limited, stated in the company's filing, "The Board of Directors has approved these appointments and the financial results for the quarter. We believe the expertise of our new board members will contribute significantly to our future strategies and operations."

The company's board meeting, which addressed these matters, was held on August 13, starting at 2:30 PM and concluding at 3:00 PM.

Mercury Trade Links Limited continues to operate with a single reportable segment. The company's registered office is located at 624, Solaris Business Hub, Bhuyangdev Cross Road, Naranpura, Ahmedabad 380054, Gujarat, India.