Mercator share news and announcements

BSE: 526235Consumable Fuels

Formerly Mercator Lines

Trading suspended since 13 Mar 2023

Last traded ₹0.85 on 10 Mar 2023

Mercator share news and announcements

1,721 announcements, routine notices left out, newest first. Page 33 of 35.

  1. Oct 2009

    • 28 Oct · Results

      Consolidated Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 34471.42 lacs for quarter ending on 30-SEP-2009 against Rs. 40473.63 lacs for the quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. (189.67) lacs for the quarter ending on 30-SEP-2009 against Rs. 4447.98 lacs for the quarter ending on 30-JUN-2009.

    • 22 Oct · Board meeting

      Interalia, to consider, approve and take on record un-audited financial results for the quarter/half year ended on September 30, 2009.

    • 16 Oct · Meeting

      Minutes of Annual General Meeting of the Company held on September 24, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  2. Sep 2009

    • 25 Sep · Meeting

      Members of the Company in their Annual General Meeting held on September 24, 2009 have approved following unanimously : 1) Adoption of the Audited Balance Sheet as at March 31, 2009, the Audited Profit and Loss Account for the year ended on that date, together with the Reports of the Board of Directors and Auditors thereon, standalone as well as consolidated. 2) Declaration of dividend @ 50% i.e., Re. 0.50 per share on equity share capital. 3) Reappointment of Mr. M.G. Ramkrishna as Director of the Company. 4) Reappointment of M/s. Contractor Nayak & Kishnadwala as auditors of the Company. 5) Issue of securities (whether in the form of equity and/or securities convertible into and/or carrying rights to subscribe to equity shares of the Company) in India and/or abroad for an amount not exceeding USD 40 Millions. 6) Issue of Redeemable Cumulative Preference Shares for an aggregate amount of not exceeding Rs. 200 Cr. Further the Company has submitted to the Exchange a copy of the Chairman Speech delivered at the said Annual General Meeting. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 10 Sep · Meeting

      Annual General Meeting of the Members of the Company will be held on September 24, 2009.

  3. Aug 2009

    • 31 Aug · Corporate action

      Company has announced Book Closure from September 16, 2009 to September 24, 2009 for the purpose of annual closure and for deciding entitlement for payment of dividend @50% i.e. Re.0.50 per share on paid-up equity capital for the financial year ended on March 31, 2009 as recommended at the Board Meeting held on May 19, 2009.

    • 3 Aug · Business

      Press release dated August 03, 2009, titled "Mercator Lines Reports Higher Operating Profit For Q1 FY10 Ended June 2009". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  4. Jul 2009

    • 30 Jul · Board meeting

      Board of Directors of the Company at its meeting held on July 30, 2009 has interalia; approved the following: 1) Issue of securities (whether in the form of equity and/or securities convertible into and/or carrying rights to subscribe to equity shares of the Company) in India and/or abroad for an amount not exceeding USD 40 Millions. 2) Issue of Redeemable Cumulative Preference Shares for an aggregate amount of not exceeding Rs. 200 Cr. The above proposal will be placed for the shareholders' approval at the ensuing Annual General Meeting.

    • 30 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 18450.07 lacs for quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 4601.76 lacs for the quarter ending on 30-JUN-2009.

    • 30 Jul · Results

      Consolidated Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 40473.63 lacs for quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 4447.98 lacs for the quarter ending on 30-JUN-2009.

    • 27 Jul · Board meeting

      Company had informed the Exchange regarding the meeting of the Board of Directors scheduled to be held on July 28, 2009: (1) To consider, approve and take on record un-audited financial results for the quarter ended on June 30, 2009; (2) To consider and approve raising of funds through issue of securities (whether in the form of equity and/or convertible into and/or carrying rights to subscribe to equity share of the Company) in India and/or abroad; and (3) To consider and approve issue of Redeemable Cumulative Preference shares. The Company has now informed the Exchange that the said meeting of the Board of Directors of the Company has been rescheduled to July 30, 2009.

      Not held on this date

    • 18 Jul · Board meeting

      (1) To consider, approve and take on record un-audited financial results for the quarter ended on June 30, 2009; (2) to consider and approve raising of funds through issue of securities (whether in the form of equity and/or convertible into and/or carrying rights to subscribe to equity share of the Company) in India and/or abroad; and (3) to consider and approve issue of Redeemable Cumulative Preference shares.

  5. May 2009

    • 22 May · Updates

      Statement of Appropriation for the year ended on March 31, 2009, pursuant to Clause 20 of the Listing Agreement. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 19 May · Business

      Press release dated May 19, 2009, titled "Mercator reports impressive growth in revenue & profits for the financial year 2008-09". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 19 May · Results

      Consolidated Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 213359.98 lacs for year ending on 31-MAR-2009 against Rs. 145487.29 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 37645.3 lacs for the year ending on 31-MAR-2009 against Rs. 32765.69 lacs for the year ending on 31-MAR-2008.

    • 19 May · Dividend

      Board of Directors at its meeting held on May 19, 2009 has recommended dividend @ 50% i.e. Re. 0.50/- per share on Equity Shares of Re. 1/- each for the financial year ended on March 31, 2009.

    • 19 May · Results

      Standalone Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 113770.02 lacs for year ending on 31-MAR-2009 against Rs. 78114.26 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 18110.2 lacs for the year ending on 31-MAR-2009 against Rs. 16634.88 lacs for the year ending on 31-MAR-2008.

    • 11 May · Board meeting

      Interalia, to consider & approve, annual accounts of the company for the year ended on March 31, 2009 and recommendation of dividend on Equity share capital of the company for the financial year 2008-09, if any.

  6. Apr 2009

    • 28 Apr · Business

      Singapore based fellow subsidiary of the Company viz., Mercator Lines (Singapore) Ltd. has been awarded 'Best Annual Report Award (Bronze)' in the "$300 million to less than $1 billion market capitalization" category and 'Best Annual Report Award (Silver)' in the "Newly-Listed Companies" category. Further, the company has submitted to the Exchange a copy of the relative press release, titled "Mercator Lines (Singapore) Limited wins "Singapore Corporate Awards"". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 24 Apr · Forfeiture of Warrants

      The Company had allotted 2,85,00,000 convertible warrants on 25th October 2007 to one of its promoters, pursuant to the resolution passed by the shareholders at their Extra Ordinary General Meeting held on 11.10.2007 in accordance with SEBI guidelines on preferential issue. Each warrant of a face value of Rs. 5.85 was carrying option to subscribe for 1 equity share of the Company at a price of Rs. 58.50 (inclusive of premium of Rs. 57.50). We have to inform you that as the promoter has not exercised the option to convert the warrant, the right to apply for equity shares has lapsed on 24th April, 2009 as per terms of the issue. Accordingly, all 2,85,00,000 warrant stands cancelled and consequently, the entire amount received thereon from the warrant holder stands forfeited

    • 20 Apr · Results

      Company will publish Audited result for the year ended on March 31, 2009 within a period of 3 months from the end of the last quarter. Hence the company will not be publishing unaudited results for the last quarter of the financial year 2008-09.

    • 1 Apr · News Release

      News release dated April 01, 2009 titled "Mercator Lines Singapore expands its owned fleet size through Acquisition of a geared Panamax Vessel." A copy of the news release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  7. Mar 2009

    • 16 Mar · News Release

      News release titled "Mercator Lines Acquires Jack Up Rig at Rs.1000 Cr and deploys immediately for three years". A copy of the news release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 12 Mar · Updates

      Company has taken delivery of its premium Jack-up Rig through its subsidiary in Singapore. This state-of-the-art Rig has already been deployed under a firm contract for a period of 3 years.

  8. Jan 2009

    • 29 Jan · Business

      Press release dated January 29, 2009, with respect to Unaudited financial results for the quarter ended December 31, 2008. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 29 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 29557.11 lacs for quarter ending on 31-DEC-2008 against Rs. 31803.8 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 333.14 lacs for the quarter ending on 31-DEC-2008 against Rs. 1274.86 lacs for the quarter ending on 30-SEP-2008.

    • 29 Jan · Results

      Consolidated Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 53081.93 lacs for quarter ending on 31-DEC-2008 against Rs. 64939.2 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 3081.06 lacs for the quarter ending on 31-DEC-2008 against Rs. 10496.64 lacs for the quarter ending on 30-SEP-2008.

    • 23 Jan · Updates

      Announcement in respect of financial statements for the quarter / nine months ended December 31, 2008, submitted by company's subsidiary, Mercator Lines (Singapore) Ltd. to Singapore Stock Exchange. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 20 Jan · Board meeting

      Interalia, to consider, approve and take on record unaudited financial results (provisional) for the quarter / nine months ended on December 31, 2008.

  9. Nov 2008

    • 3 Nov · News Release

      News release in respect of financial statements for the quarter/half year ended September 30, 2008 submitted by company's subsidiary, Mercator Lines (Singapore) Ltd. to Singapore Stock Exchange, titled "Mercator Singapore's Net Profit surges 239% to US $ 48.1 million in 1HFY2009". A copy of the news release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  10. Oct 2008

    • 27 Oct · Business

      Press release dated October 27, 2008, with respect to Unaudited financial results for the quarter ended September 30, 2008. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 27 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 55773.55 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 2341.82 lacs for the half year ending on 30-SEP-2008.

    • 27 Oct · Results

      Consolidated Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 114229.64 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 18086.91 lacs for the half year ending on 30-SEP-2008.

    • 27 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 31803.8 lacs for quarter ending on 30-SEP-2008 against Rs. 23969.75 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 1274.86 lacs for the quarter ending on 30-SEP-2008 against Rs. 1066.96 lacs for the quarter ending on 30-JUN-2008.

    • 27 Oct · Results

      Consolidated Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 64939.2 lacs for quarter ending on 30-SEP-2008 against Rs. 49290.44 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 10496.64 lacs for the quarter ending on 30-SEP-2008 against Rs. 7590.27 lacs for the quarter ending on 30-JUN-2008.

    • 20 Oct · Board meeting

      Interalia, to consider, approve and take on record unaudited financial results (provisional) for the quarter/ half year ended on September 30, 2008.

  11. Jul 2008

    • 29 Jul · Business

      Press release dated July 29 2008 with respect to the unaudited Fiancial Results for the quarter ended June 30, 2008. Further the company has submitted a copy of a press release titled "Mercator Singapore's Revenue Surges 155% To US$51.7 million". The copies of the press releases shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 29 Jul · Business

      News release in respect of acquisition of vessel, submitted by company's subsidiary, Mercator Lines (Singapore) Ltd. to Singapore Stock Exchange. A copy of the news release dated July 29, 2008, titled "Mercator Singapore takes delivers of vessels YK Taurus & YK Titan" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 25 Jul · Meeting

      Minutes of Annual General Meeting held on July 16, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 21 Jul · Board meeting

      Interalia, to consider, approve and take on record unaudited financial results (Provisional) for the quarter ended on June 30, 2008.

    • 16 Jul · Meeting

      Outcome of Annual General Meeting held on July 16, 2008. Further the company has submitted to the Exchange a copy of chairman speech. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  12. Jun 2008

    • 24 Jun · Meeting

      Notice of the Annual General Meeting of the members of the company to be held on July 16, 2008. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 18 Jun · Corporate action

      Company has announced Book Closure from July 07, 2008 to July 16, 2008 for the purpose of annual closure and for deciding entitlement for payment of dividend @110% on paid-up equity capital for the financial year ended on March 31, 2008 as recommended at the Board Meeting held on May 14, 2008.

    • 5 Jun · Updates

      Vide its letter dated June 05, 2008 that: "The Company has today taken delivery of a 2006 built Double Hull, Very Large Crude Carrier (VLCC) of 299,325 DWT. This is the third VLCC under its control".

  13. May 2008

    • 23 May · Updates

      Vide its letter dated May 23, 2008 that "The Company has today taken delivery of a 2008 built vessel (Dredger). This is the fourth Dredger in its fleet".

    • 22 May · Business

      Mercator Lines Limited had informed the Exchange regarding a press release dated May 22, 2008. The Company has now informed the Exchange regarding a revised press release dated May 22, 2008, as follows: "Mercator Lines Limited, the second largest private shipping Company has signed a deal to acquire modern Double Hull, Very Large Crude Carrier (VLCC). The said vessel is expected to join Company's fleet in June '08. This will bring the fleet of VLCCs controlled by the Company to 3. The Company currently controls / operates a fleet of 29 vessels". A copy of the revised press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 22 May · Business

      Press release dated May 22, 2008, which is as follows: Mercator Lines Ltd. the 2nd largest private Shipping Company, signs a deal to acquire a double hull, modern, very large crude carrier (VLCC). This is the third VLCC added to its already existing fleet of 29 vessels that the company is controlling. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 22 May · Business

      Mercator Lines Ltd. has signed a Memorandum of Agreement to purchase 1 double Hull VLCC. Vessel expected to join the fleet in June'08

    • 14 May · Updates

      Statement of Appropriations for the year ended March 31, 2008 (as per clause 20 of the listing agreement). A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 14 May · Business

      Press release dated May 14, 2008, titled "Mercator Reports Close to 3-Fold Jump In Net Profit to Rs. 370 Crore, supported by Growing Fleet, Buoyant Shipping Demand and Firm Freight Rates in Dry Carriers Segment". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.