Mercantile Ventures Limited is a diversified company primarily engaged in the leasing of immovable properties, facility management, and manpower supply services. It operates through key subsidiaries including i3 Security Private Limited and India Radiators Limited.;

CEO/MD

Mr. E. N. Rangaswami

Founded in

1985

NSE symbol

MERCANTILE

Shareholding Pattern

Mar '25

Jun '25

Sep '25

Dec '25

Mar '26

Promoters

72.75%

Retail And Others

27.25%

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BSE • 1 month ago

Mercantile Ventures Ltd filed Second Motion Petition with NCLT for India Radiators' amalgamation. The scheme is under Sections 230-232 of Companies Act, 2013, for shareholder and creditor approval.

BSE • 1 month ago

Mercantile Ventures held an equity shareholders meeting on March 13, 2026, via VC/OAVM per NCLT order. The meeting approved the amalgamation scheme with India Radiators; e-voting was facilitated via CDSL platform.

BSE • 3 months ago

Mercantile Ventures Ltd and India Radiators Ltd received NCLT approval for meetings on their amalgamation scheme. Meetings for equity shareholders and creditors are scheduled for March 13, 2026, to evaluate the merger.

ScoutQuest • 4 months ago

Mercantile Ventures appoints Mr. N Umasankar as Whole-Time Director & CFO for 2 years starting Oct 2025. Appointment approved via postal ballot with 89.9% votes; Umasankar brings 32 years of finance experience.

BSE • 5 months ago

Mercantile Ventures Ltd filed Form NCLT-1 with NCLT Chennai for amalgamation with India Radiators Ltd. The filing pertains to the Scheme of Amalgamation involving shareholders and creditors of both companies.

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