ALFA Filings
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Mercantile Ventures announced the effectiveness of the amalgamation of its subsidiary, Walery Security Management Limited, into its wholly-owned subsidiary, i3 Security Private Limited. This restructuring involves no shareholding changes.
Mercantile Ventures has allotted 1,53,161 equity shares to shareholders of India Radiators Limited pursuant to their Scheme of Amalgamation. This increases the company's paid-up capital.
Mercantile Ventures' subsidiary Walery Security Management Limited is merging into another subsidiary, i3 Security Private Limited, following NCLT approval. This internal reorganization consolidates the group's security business.
Mercantile Ventures Ltd informed BSE about the NCLT's disposal of its amalgamation scheme petition. A certified copy of the order is awaited by the company.