Re-appointment of Mr. E N Rangaswami (DIN: 06463753) as Wholetime Director

T : +91 (44) 40432205 E : admin@mercantileventures.co.in Mercantile W : www.mercantileventures.co.in 1401 August 2026 BSE Limited Phiroze Jeejeebhoy Towers DalaI Street, Mumbai- 400 001. Scrip Code: 538942 Sub: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 & SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 - Re-appointment of Mr. E N Rangaswami as Whole-time Director of the Company. We wish to inform that on the recommendation of the Nomination and Remuneration Committee and subject to approval of the Members at the ensuing Annual General Meeting, the Board of Directors of the Company at their Meeting held today (Friday, 14th August 2026) have approved the following, 1. Re-appointment of Mr. E N Rangaswami as Whole-time Director of the Company for a further period of 3 (Three) years with effect 05th December 2026 to 04th December 2029. The Meeting of the Board of Directors commenced at 10:50 A.M & concluded at 1 1 :36 A.M. The details as required under Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI Circular no. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023 are enclosed as Annexure I. You are requested to kindly note the same. Yours Faithfully, For Mercantile Ventures Limited Oberoi Ja Company Secretary Mercantile Ventures Limited (CIN-L65 191TN1985PLC037309) Registered Office : 88 Mount Road/ Guindy, Chennai - 600 032 India Mercantile Annexure I Re-appointment of Mr E N Rangaswami (DIN:06463753) as Whole-time Director of the Company: Mr E N Rangaswami (DIN:06463753) was re-appointed as Whole-Time Director of the Company at the Annual General Meeting held on 23rd September 2024 for a period of 2 years from 05th December 2024 and the term expires on 04tt: December 2026, Reason for change viz. appoIntment, Based on the recommendation of the Nomination and Remuneration re-appolntment! reslgntUlon> Committee (NRC") and subject to approval of the Members at the ensuing removal, death or otherwise Annual General Meeting, the Board of Directors of the Company at its Meeting held today i.e. 14th August, 2026 truer alia considered and approved the re-appointment of Mr E N Rangaswami (DIN:06463753) as Whole.time Director of the Company for a further period of 3 years with effect 05th December 2026 to 4th December 2029. Date ofappoi++€fnent+ Date of Re-appointment: 05th December 2026 re-appointment/ 2 cessation (as applicable) & Term of Re-appointment: From 05tt: December 2026 to 4th December 2029. term of appointment /re-appointment; Mr. E N Rangaswami is a B.SC graduate and he is an Associate Member of the Institute of Chartered Accountants of India. With over 47 years of experience in Finance and General Administration of companies, Mr E N Rangaswami has vast knowledge in the Corporate Sector. He has contributed his service for 21 years (1978-1999) in Finance and General Management of a Pharmaceutical Company in Chennai, 12 years (1999-2012) in Finance & Accounts of Manali Petrochemicals Limited, Brief profile 3 Chennai and presently, Whole-time Director of Mercantile Ventures Limited (in case of appointment) for the past 14 years having responsible for the complete operations of the Company. Presently Mr. E N Rangaswami holds the Directorship in the Companies viz. Mercantile Ventures Limited, AMI Holdings Private Limited, i3 Security Private Limited, Walery Security Management Limited and Twinshield Consultants Private Limited. Disclosure of relationships between directors (in case 4 of appointment of a Mr. E N Rangaswam i is not related to any other Director of the Company. director). Information as required pursuant to BSE Circular with ref. no. LIST/ COMP/ Mr. E N Rangaswami is not debarred from holding the Office of Director on 14/2018-19 dated 20th June, account of any order of SEBI or any other such authority. 2018 Moun; Guind iFit;$