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Mercator share news and announcements
1,721 announcements, routine notices left out, newest first. Page 35 of 35.
Jul 2007
2 Jul · Miscellaneous
Statement of Appropriation for the year ended on March 31, 2007. 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.2 Jul · Voluntary Delisting
Board of Directors at their meeting held on June 29, 2007 has recommended a proposal for voluntary delisting of Equity Shares of the Company from Ahmedabad Stock Exchange Limited for approval of members at the ensuing Annual General Meeting.2 Jul · Dividend
Board of Directors of the Company at their meeting held on June 29, 2007 has recommended dividend @ 100% i.e. Rs.1/- per share on 18,92,42,500 Equity Shares of Rs.1/- each for the financial year ended on March 31, 2007.
Jun 2007
22 Jun · Board meeting
Interalia, to consider & approve (1) annual accounts of the Company for the year ended on March 31, 2007; (2) recommendation of dividend on Share Capital of the Company for the financial year 2006-07 if any; and (3) the proposal for voluntarily delisting of the Equity Shares of the Company from Ahmedabad Stock Exchange Limited.12 Jun · Miscellaneous
Mercator Lines Limited had informed the Exchange regarding execution of MOA (Memorandum of Agreement) by Company's Singapore based subsidiary for acquisition of 4 nos. dry bulk vessels of about 305,000 in aggregate. The company has now informed the Exchange that: "The said subsidiary Mercator Lines (Singapore) Pte. Ltd. has today (June 12, 2007) taken delivery of one of such 2005 built panamax vessel of 73,901 DWT".6 Jun · Miscellaneous
Mercator Lines Limited had informed the Exchange regarding execution of MOA (Memorandum of Agreement) by their Singapore based subsidiary for acquisition of 4 nos. dry bulk vessels of about 305,000 in aggregate. The company has now informed the Exchange that: "Said subsidiary Mercator Lines (Singapore) Pte. Ltd. has taken delivery of one of such 2007 built kamsarmax vessel of 82,191 DWT".5 Jun · Business
The Company has been awarded a contract by Indian Oil Corporation Ltd. (IOC) for transportation of approximately 12 million tons crude oil over a period of 15 months (incl. extensions) commencing from July 2007. The estimated value of the contract is Rs.200 cr
May 2007
5 May · Business
Press release dated May 05, 2007, titled "Mercator Lines Ltd. To Acquire 4 Dry Bulk Vessels Totaling 305,000 DWT." The details 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.3 May · Miscellaneous
Our subsidiary Mercator Lines (Singapore) Pte. Ltd.; has entered into Memorandum of Agreements for acquiring 4 Nos.2005/2007 built Dry Bulk Vessels of about 305,000 DWT in aggregate. The Vessels are expected to join fleet of the company between June-July 2007
Apr 2007
16 Apr · Results
The Company will publish Audited result for the year ended on 31st March 2007 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 2006-07.
Mar 2007
30 Mar · Miscellaneous
Mercator Lines (Singapore) Pte. Ltd', a subsidiary of the company, has successfully concluded issue of the Convertible Bonds aggregating USD 51 million, consisting of Bonds-A of USD 35 Million and Bonds-B of USD 16 Million. The Bonds-A are mandatorily convertible in the event of IPO within 24 months from the date of issue of these Bonds. Bonds-B are optionally convertible after 45 days from the date of IPO. The conversion price for Bonds-A will be fixed at the time of IPO and will be at a fixed discount to the IPO price. The conversion price for Bonds-B is at a premium on 45 days volume weighted average of the share price after listing of the shares. In absence of IPO, the Bonds will be redeemed at a fixed redemption price15 Mar · Management
Mr. Nilesh Jain has resigned from the O/o Company Secretary & Compliance Officer of the company. Ms. Supriya Joshi, an associate member of 'Institute of Company Secretaries of India' and a Law Graduate; has been appointed as Dy. Company Secretary & Compliance Officer of the Company w.e.f. 7th March 2007.14 Mar · E-mail ID for Investor Complaints
Company has designated the following e-mail ID of the grievance redressel division/compliance officer for registering the complaints by investors : [email protected]
Feb 2007
26 Feb · Change in registered office
The registered office of the company has been shifted to following address w.e.f. 16th February, 2007; Mercator Lines Limited, 3rd Floor, Mittal Towers "B" Wing, Nariman Point, Mumbai 400 021, India; Tel: +91 22 6637 3333/ 40373333; Fax: +91 22 6637 3344; Email: [email protected]; Website : www. mercator. in21 Feb · Business
Press release, titled "Mercator Handles Largest Dry Bulk Vessel Ever to enter the Mumbai Port." The details 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.
Jan 2007
30 Jan · Business
Press release titled "Satisfactor Y Performannce By Mercator For 3rd Quarter & 9 Month Period Ended December 2006". The details 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.22 Jan · Board meeting
Interalia, to consider, approve and take on record the unaudited financial results (Provisional) of the Company for the Quarter (Q3) and nine months ended on December 31,2006.17 Jan · Miscellaneous
Mercator Lines Limited had informed the Exchange regarding execution of Memorandum of Agreement by the Company's Singapore based wholly owned subsidiary for acquiring 2 Nos. New built Dry Bulk geared Kamsarmax Vessels. The Company has now informed the Exchange that "our subsidiary has taken delivery of one of such newly built Kamsarmax vessel of about 84,000 DWT".5 Jan · Miscellaneous
Mercator Lines Limited had informed the Exchange regarding the execution of a Memorandum of Agreement. The company has now informed the Exchange that: "The Company has taken delivery of a 1998 built double hull Aframax Tanker of about 1,10,000 DWT".4 Jan · News Verification
News Verification : The media had reports that Mercator Lines Limited may go in for a rig sale and private placement. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Mercator Lines Limited has vide its letter inter-alia stated," We hereby clarify that the company does not have any such plan i.e. either Rig sale and/or placement at Rs. 60/-."2 Jan · News Verification
News Verification : The media had reports that Mercator Lines (Singapore), the wholly owned subsidiary of Mercator Lines Ltd. may list on Singapore Stock Exchange. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Mercator Lines Limited has vide its letter inter-alia stated, "At the outset we have to state that the company has not issued any official release on the subject matter of the news. We would further like to state that our wholly owned subsidiary Company viz. Mercator Singapore (Pte) Ltd. is looking for expansion avenues and appropriate financing plans. However, nothing has been firmed up and the news item appears to be based on the rumours."