Mercury EV-Tech Ltd (MERCURYEV) — Board Meeting | 8 September 2026

8 September 2026 · BSE 🟡 Notable Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

40th AGM approved statutory auditor and four related party transactions.

🔄 What Changed

Appointment of statutory auditor and approval of four related party transactions totaling up to Rs.200 crores annually.

💡 Investor Takeaway

Shareholders granted broad authority to the Board for related party deals, potentially affecting future cash flows and requiring close monitoring of transaction terms.

Mercury EV-Tech held its 40th AGM on September 30, 2026 via video conference, adopting audited FY2025-26 financials and appointing Tejas K. Soni as statutory auditor for 2026-29. Shareholders approved material related party transactions with Sunbuy Renewables, DC2 Mercury Cars, Powermetz Energy, and Traclaxx Tractors, each capped at Rs.200 crores annually for FY2026-27, and authorized the Board to execute these deals without further approvals.

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About Mercury EV-Tech Ltd (MERCURYEV)

Automobile and Auto Components · Automobile · Listed on BSE

Market Cap: ₹739.57 CrP/E: 155.7ROE: 2.4%ROCE: 3.9%

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"How will the Rs.200 crore related party caps be utilized in FY2026-27?""What specific terms and pricing were agreed for transactions with Sunbuy Renewables?""How does the new auditor's fee compare to prior years' remuneration?"

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📊 More MERCURYEV filings

Announcement — 25 September 2026Mercury EV-Tech Ltd announced that its trading window will close on October 1, 2026, for all insider...
🔴 Announcement — 11 September 2026Mercury EV-Tech announced it added 100 new dealers across India over four months and aims to add 200...
🟡 Board Meeting — 6 September 2026The company revised the record and e-voting dates for its 40th AGM to September 30, 2026, with the r...
🟡 Board Meeting — 6 September 2026The board revised the 40th AGM record date to September 4, 2026 and book closure to September 30, 20...
🟡 Board Meeting — 31 August 2026The company announced cut-off dates for e-voting ahead of its 40th Annual General Meeting scheduled ...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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