India Radiators Limited is a public company incorporated and operating in India with its registered office located in Chennai, Tamilnadu. The company's sole business activity is focused on a single segment, which is the renting of its properties. It operates within the Indian real estate market, which is expected to continue its growth supported by strong demand and investment. A key future plan is to restart activities at its Puzhal factory after getting clearance from the Archaeological Survey of India. To generate revenue in the meantime, the company is also looking at other options and has rented out a portion of its land. The company's net land value saw a significant increase of Rs. 6.14 crores this year following a professional revaluation.;

Founded in

1955

BSE symbol

505100

Shareholding Pattern

Jun '26

Mar '26

Dec '25

Sep '25

Jun '25

Retail And Others
52.99%
Promoters
38.74%
Foreign Institutions
5.13%
Other Domestic Institutions
3.15%

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BSE • 3 weeks ago

India Radiators Ltd's merger with Mercantile Ventures Ltd is now effective from July 23, 2026. The transferor company will dissolve, and its board/committees stand dissolved after filing Form INC 28.

MarketScreener India • 3 weeks ago

Mercantile Ventures Ltd completed acquisition of 61.26% stake in India Radiators Ltd, achieving full ownership. Deal approved by shareholders, NCLT; Scheme effective post Form INC 28 filing, dissolving India Radiators Ltd.

ScoutQuest • 4 weeks ago

India Radiators sets July 24, 2026 as record date for share allocation. Merger with Mercantile Ventures; exchange ratio 10:36 for equity shareholders.

BSE • 1 month ago

India Radiators Ltd updates on Scheme of Amalgamation with Mercantile Ventures Ltd. NCLT has marked the matter as 'Disposed'; certified order copy awaited.

BSE • 3 months ago

India Radiators Ltd's board will meet on May 25, 2026, to approve audited financials. The financials pertain to the quarter and year ended March 31, 2026.

BSE • 5 months ago

India Radiators Ltd filed a Second Motion Petition with NCLT for its amalgamation with Mercantile Ventures. The filing is part of the Scheme under Sections 230-232 of the Companies Act, 2013.

BSE • 5 months ago

India Radiators Ltd held an equity shareholders meeting on March 13, 2026, via video conferencing as per NCLT's order. The scheme of amalgamation with Mercantile Ventures Ltd was discussed, and e-voting was facilitated for shareholders.

2026

24
Jul
Merger into Mercantile Ventures Ltd.
Ex date

Merger into Mercantile Ventures Ltd.. For every 36 shares you have in the original company, you will receive 10 shares in the new combined company after merger.

Ratio36:10

Ex date24 Jul ‘26

Record date24 Jul ‘26

Announcement date8 Apr ‘25

May

Quarterly & Annual Result

Release date

Check latest financial

Feb

Quarterly Result

Release date

Check latest financial

2025

Oct

Quarterly Result

Release date

Check latest financial

Jul

Quarterly Result

Release date

Check latest financial

8
Apr
Merger into Mercantile Ventures Ltd.
Announced

Merger into Mercantile Ventures Ltd.. For every 36 shares you have in the original company, you will receive 10 shares in the new combined company after merger.

Ratio36:10

Ex date24 Jul ‘26

Record date24 Jul ‘26

Announcement date8 Apr ‘25

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Home>Stocks>India Radiators Ltd. - (Amalgamated)

Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka

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India Radiators Ltd. - (Amalgamated)

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24JulMerger into Mercantile Ventures Ltd.Ex date

8AprMerger into Mercantile Ventures Ltd.Announced

About Groww

24
Jul
Merger into Mercantile Ventures Ltd.
Ex date

8
Apr
Merger into Mercantile Ventures Ltd.
Announced