Mercury EV-Tech Limited Awaits NCLT Final Order on Merger with EV Nest Private Limited 2 days ago
Mercury EV-Tech Limited is awaiting the final order from NCLT Ahmedabad Bench regarding its proposed merger with EV Nest Private Limited. The NCLT heard the case on August 14 and has reserved its final order. The merger is being processed under Sections 230 to 232 of the Companies Act, 2013. Mercury EV-Tech has informed BSE Ltd. about this development and recently published its Unaudited Financial Results for the quarter ended June 30.
Mercury EV-Tech Reports Strong Q1 FY2026 Growth, Acquires Stake in Haitek Automotive 4 days ago
Mercury EV-Tech Limited Expands Presence with New Showroom in Dahod, Gujarat Jul 28, 2025
Mercury EV-Tech Limited Expands Presence with New Showroom in Dahod, Gujarat Jul 28, 2025
Mercury EV-Tech Limited Appoints Riya Vinodbhai Sharma as Independent Director Jul 24, 2025
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.