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The NCLT Ahmedabad Bench passed an order regarding an insolvency petition filed by Fettech Commercial Enterprises against Mercury Trade Links for Rs. 2.70 Crore.
Mercury Trade Links Ltd received a notice for initiation of Corporate Insolvency Resolution Process. The notice was issued by operational creditor Fettech Commercial Enterprises Private Limited.
Mercury Trade Links Ltd reported revenue from operations of ₹5.3 Cr and a net loss of ₹63.6 Cr for Q1 FY27.
Mercury Trade Links Limited scheduled a board meeting for August 01, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026.
Mercury Trade Links appointed Sarang Shivajirao Chavan and Associates as Statutory Auditors for 12 months. This follows the resignation of Bhatt Shah Mekhia & Co. due to preoccupation.