Mercantile Ventures Ltd (MERCANTILE) — FY26 Annual Report | 29 August 2026

Mercantile Ventures Ltd's 2025-26 annual report shows consolidated revenue of ₹9,333.69 lakhs and profit after tax of ₹204.17 lakhs, up from ₹7,218.53 lakhs revenue and ₹1,626.54 lakhs profit in the prior year. The report details a qualified audit opinion on Walery Security Management Ltd due to unvalued preference shares, no material related party transactions, and no dividends declared. Key governance updates include re-appointment of Whole-time Director E N Rangaswami at ₹85 lakhs remuneration and appointment of N Umasankar as Finance Director. The filing covers AGM procedures, e-voting protocols, and disclosures on CSR activities, contingent liabilities including ₹30,000 lakhs in guarantees, and tax disputes totaling [amount not verified]. Shareholding remains concentrated with promoters at 72.75%, and internal controls were affirmed as effective.