Board of Mercury EV-Tech approves acquisition of majority stake in Traclaxx Tractors,

The Board of Directors of Mercury EV-Tech at its held on 08 May 2024 approved the acquisition of 65% stake in Traclaxx Tractors, equivalent to 5,23,900 equity shares of Rs. 10 each at a price of Rs. 10 each, total consideration being Rs.52,39,000. Henceforth, Traclaxx Tractors will be considered as subsidiary company of Mercury EV-Tech.Powered by Capital Market - Live News

Mercury EV-Tech consolidated net profit declines 48.04% in the December 2023 quarter,

Net profit of Mercury EV-Tech declined 48.04% to Rs 0.53 crore in the quarter ended December 2023 as against Rs 1.02 crore during the previous quarter ended December 2022. Sales rose 6.51% to Rs 4.58 crore in the quarter ended December 2023 as against Rs 4.30 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales4.584.30 7 OPM %21.1832.33 - PBDT0.851.39 -39 PBT0.731.38 -47 NP0.531.02 -48 Powered by Capital Market - Live News

Mercury EV-Tech to discuss results,

Mercury EV-Tech will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News

Mercury EV-Tech to consider fund raising,

Mercury EV-Tech will hold a meeting of the Board of Directors of the Company on 1 January 2024.Powered by Capital Market - Live News

Mercury EV-Tech to conduct board meeting,

Mercury EV-Tech will hold a meeting of the Board of Directors of the Company on 15 December 2023.Powered by Capital Market - Live News

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