Mercury EV-Tech Limited Awaits NCLT Final Order on Merger with EV Nest Private Limited Aug 16, 2025
Mercury EV-Tech Reports Strong Q1 FY2026 Growth, Acquires Stake in Haitek Automotive Aug 14, 2025
More news about Mercury EV-Tech
28Jul 25
Mercury EV-Tech Limited Expands Presence with New Showroom in Dahod, Gujarat
Mercury EV-Tech Limited has inaugurated a new showroom in Dahod, Gujarat, located near Simndher Swami Temple. The opening was attended by company representatives and local political leaders, including MLAs and the City BJP President. This expansion aligns with the company's strategy to increase its market presence in smaller cities and towns, potentially tapping into the growing demand for electric vehicles in these areas.
28Jul 25
Mercury EV-Tech Limited Expands Presence with New Showroom in Dahod, Gujarat
Mercury EV-Tech Limited inaugurated a new showroom in Dahod, Gujarat, near Simndher Swami Temple on Old Dahod-Indore Road. The strategically located showroom, opposite Swaraj Tractors in Simndher Society, was opened in the presence of company representatives and local political leaders. This expansion is part of Mercury EV-Tech's strategy to strengthen its presence in tier-2 and tier-3 cities, potentially increasing its market share in the growing electric vehicle industry.
24Jul 25
Mercury EV-Tech Limited Appoints Riya Vinodbhai Sharma as Independent Director
Mercury EV-Tech Limited has appointed Mrs. Riya Vinodbhai Sharma as an Additional Director in the category of Non-Executive, Independent Director for a 5-year term, effective July 24, 2025. Mrs. Sharma, a Commerce graduate specializing in Accounts, brings financial expertise to the board. The appointment, approved by the Board of Directors and recommended by the Nomination & Remuneration Committee, complies with SEBI regulations. Mrs. Sharma is not related to any company insiders, holds no shares in the company, and has no directorships in other listed entities.
Mercury EV-Tech Limited's subsidiary PowerMetz Energy Pvt. Ltd. has commissioned a 3.2 GW lithium-ion battery manufacturing facility in Vadodara. The plant will produce various battery chemistries including LFP, NMC, Sodium-Ion, and Supercapacitor Modules. A fully robotic production line from China is expected to arrive by April-end, with pilot production starting mid-May 2025. The company plans to establish another 3.2 GW battery plant in South India. This development aligns with India's recent policy shifts in Battery Energy Storage Systems.