Outcome of the Board meeting

T : +91 (44) 40432205 E : admin@mercantileventures.co.in Mercantile W : www.mercantileventures.co.in August 14, 2026 BSE Limited Phiroze Jeejeebhoy Towers DalaI Street, Mumbai- 400 001. Scrip Code: 538942 Outcome of the Board Meeting - Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 We wish to inform that at the meeting of the Board of Directors of the Company held today (Friday, 14th August 2026), the directors have approved the following, 1. Un-Audited Financial Results (Standalone & Consolidated) of the Company for the Quarter ended 30th June 2026 along with Limited Review Report of the Statutory Auditors and the same are enelosed herewith. 2. Re-appointment of Mr. E N Rangaswami (DIN: 06463753) as Whole-time Director (WTD) of the Company for a period of three years from 05th December 2026 to 04th December 2029. 3. The 25th Annual General Meeting of the Company is scheduled to be held on Thursday, the 24th September 2026 at 11.00 AM [IST] through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting of the Board of Directors commenced at 10:50 A.M & concluded at 11:36 A.M. Kindly take the same on record. Yours Faithfully, For Mercantile Ventures Limited E N Rangaswami Whole-time Director DIN: 06463753 a Guindy, gHg+ Mercantile Ventures Limited (CIN-L65 191TN1985PLC037309) Registered Office : 88 Mount Road, Guindy, Chennai - 600 032 India Limited Review Report on Quarterly Unaudited Standalone Financial Results for the quarter ended 30th June, 2026 of Mercantile Ventures Limited pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Review Report to the Board of Directors, Mercantile Ventures Limited We have reviewed the accompanying statement of unaudited standalone financial results of Mercantile Ventures Limited (‘the Company’) for the quarter and period ended 30th June 2026. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors and has been prepared in accordance with the applicable Indian Accounting Standards (Ind AS) specified under Section 133 of the Companies Act, 2013. Our Responsibility is to issue a report on these financial statements based on our review. We conducted our review of the statement in accordance with the Standard on Review Engagement (SRE) 2410, 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial results are free of material misstatements. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited standalone financial results prepared in accordance with applicable Indian Accounting Standards (`Ind AS') prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. for Venkatesh & Co Chartered Accountants FRN: 004636S CA Hrishikesh D Partner M. No :272865 ICAI UDIN: 26272865CSEZEX5048 Chennai., 14th August 2026 Mercantile Ventures Limited aN: L65191TN1985PLC037309 Regd. Office: No.88, Mount Road, Guindy, Chennai - 600 032. Statement of Unaudited Standalone financial results for the quarter ended 30/06/2026 {Rs. in Leakhs) Standalone egI ZnEFI ii;= Una BM1HA] Particulars Year Quarter ended Quarter ended Quarter ended Ended 30/06/2026 31/03/2026 30/06/2025 31/03/2026 II Income Income from Operations 1,020.26 1 1,074.34 1 1,021.22 1 4,299.56 Other Income 166.74 1 198.50 1 1.46 1 250.28 Total income 1,187.oo 1 1,272.84 1 1,022.68 1 4,549.84 2®enses Cost of services 786.42 912.30 788.33 1 3,443.oo Employee benefit expense 36.46 37.64 33.94 T 141.70 Finance costs 6.21 1.35 5.45 1- 10.65 ti;iFgET;Iiii-;ii-;iJii;;ion exp-ense 'ii-91 - ji-d3 mMI 83.04 tiR iii:i); i;;; 170.85 196.88 232.22 T 787.50 hB©taallgW> EX638.85 1,172.20 1 3 Profit / (Loss) from operations before exceptional items (1-2) 168.15 loo .M 5 4 Exceptional Items-Expenditure/(Income) 5 -Frofit/fLoss) from ordinary activities before tax (3 + 4) 168.15 100.64 83.95 6 Tax Expense - Current Tax -}a.i9 58.32 id.-iiT------'-------'--fia:ii (9.45)T 7 -i;iF iii{iF;;- iiD Fe afe ir ;r ;e ;d T ita x iiiiii;-;iII iT;; (5-6) 72 21 .. 90 35 i(i7i2i.875) iii.'£djT------–----–------( -1 i1 i1 :.3 i5 t) 8 E;i;;;Fcii:;;;li8F;;iiiia-tax ex-Jenses) b 19 0 aNe Tt P =rofi Rt/{Lo Ess) - f aor t Mhe p peri od (7+8) Firms. E T7® H2B ) EII (B 1E .4F 6I ) M lg (% 5E .39E 67 )1 11 Net Profit/{Loss) for the period (9+10) 71.66 113.71 -RiTa)I 59.61 12 Other Comprehensive Income(Net of Tax) L 2,188.75 1,111.16: 832.10 F (5,597.46) 13 t e 2,260.41 (2,997.45) 762.62 MaEa 141 Paid-up equity share capital (Face value of Rs.10/- each) 11,207.14 11,207.14 11,207.14 11,207.14 Earnings per Share (in Rs) 15IBasic and diluted (not annualised for the quarters) 0.07 0.10 (0.06) 0.06 Statement of segment wise unaudited standalone financial results for the quarter ended 30'06-2026 (Rs. in lakhs) r AlliEa iii:@MI Amudi;ed Particulars Quarter ended Quarter ended Quarter ended Ended 30/06/2026 31/03/2026 lo/06/2025 31/03/2026 1.Segment Revenue 1 T a)Rent and Maintenance of immovable propefties 198.01 197.90 19i.if 785.49 b)Manpower Services 822.25 1 876.44 T 826#39 3 ,-iii:67 c)Income from investment activities 166.74 T 198.50 T - i.-4-6- 250.28 Imd)Unallocable iKEa;IT 2.Segment Results: Profit before tax and interest For each segment a)Rent and Maintenance of immovable properties TiMT 1- - – - –––ii.}iT---1---- --'---------- ii.aT-- 1--- -–--------'--ia:ji b)Manpower Services 64.34 6.94 63.41 198.97 c)Investment activity 166.74 r 198.50 T1 1.46 T1 250.28 Total 30 M9.40 300.66 l04.82 793.46 Finance cost o Other net unallocable (income)/expenses 135.04 198.67 T 156.44 T 698.87 Profit before tax 168.15 iii.TiT-------------------iii.ij}TT--- --"'------------ii:ii (14.53)T Iii;ix-jiis–e- 95.22 @Ban 1a1.13m =W 18.97 Profia1l8181 Ig®E31 3.Stunt Assets a)Rent and Maintenance of immovable properties 7,520.63 7,455.47 j:Bid.67 -7,451.17 b)Manpower Services 609.92 715.01 533.03 715.01 c)Investment activity 20,825.41 17,715.33 26,255.30 17,715: ii c)Unallocated 2,300.14 2,375.54 2,921.34 2,375.54 Total assets }1,256® 28,261tI@ 7 28,aG IEE 4.Segment Liabilities a)Rent and Maintenance of immovable properties 320.61 iii.TiT---–-------------aX.E- 344.82 b)Manpower Services }77.67T'-––----------jia.-TiT------'-----------iii.-i; -1l6:ji c)Unallocated i;}{i.SgT--------–-–---ii}.-aiT---'--------'--i:i$d.'i§- 537.08 TotglMag) Imes 8 BRyeEgIga Notes 1. The above results were reviewed by the Audit committee and approved by the board of directors at their respective meetings, held on 14 August, 2026 and has been subjected to limited review by the statutory auditors of the company. 2. The figures for last quarter ended 31 March 2026 represent the difference between the audited figures in respect of the full financial year upto March 31, 2026 and the unaudited published year-to-date figures upto 31 December 2025, being the date of the third quarter of the financial year, which were subject to limited review. 3.The NCLT has approved a Scheme of Amalgamation of India Radiators Limited with Mercantile Ventures Limited vide its order dt 08-07-2026.The Effective date and appointed d [Showing first 8,000 characters — download PDF for full document]