Mercator MD, chairman, board of directors and AGM

BSE: 526235Consumable Fuels

Formerly Mercator Lines

Trading suspended since 13 Mar 2023

Last traded ₹0.85 on 10 Mar 2023

Mercator AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Mercator dividend history

Annual general meeting, 3 Oct 2023

Present: 0 promoters and 4 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) of the Company, for the year ended March 31, 2023 together with the Reports of the Board (Liquidator & Directors) and Auditors thereon.MoreLess
    Ordinary
    99.19% for0.81% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.81%

    Turnout: all 1.28% · promoters 0.00% · institutions 0.00% · other public 1.34%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 8 Dec 2022, 2 resolutions

Present: 0 promoters and 8 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) of the Company, for the year ended March 31, 2022 together with the Reports of the Board (RP & Directors) and Auditors thereon.MoreLess
    Ordinary
    83.19% for16.81% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.81%

    Turnout: all 0.06% · promoters 0.00% · institutions 0.00% · other public 0.06%

  2. To Appoint M/s. G. P. Sharma & Co. LLP, Chartered Accountants, as Statutory Auditors of the Company.
    Ordinary
    74.45% for25.55% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.55%

    Turnout: all 0.06% · promoters 0.00% · institutions 0.00% · other public 0.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Dec 2021, 3 resolutions

Present: 2 promoters and 8 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) of the Company, for the year ended March 31, 2021 together with the Reports of the Board (RP and Directors) and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.01% · promoters 0.00% · institutions 0.00% · other public 0.01%

  2. To appoint a Director in place of Mr. H. K. Mittal (DIN:00007690) who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    81.73% for18.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 18.27%

    Turnout: all 0.01% · promoters 0.00% · institutions 0.00% · other public 0.01%

  3. Revision in terms of appointment of Mr. Harish Kumar Mittal, Whole time Director of the Company.
    SpecialPromoters have an interest in it
    81.22% for18.78% against

    Against: promoters 0.00% · institutions 0.00% · other public 18.78%

    Turnout: all 0.01% · promoters 0.00% · institutions 0.00% · other public 0.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 10 Jan 2020, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval of Strategic Sale of Participating Interest of Oil Block in Material Subsidiary
    Special
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.17%

    Turnout: all 20.28% · promoters 100.00% · institutions 0.00% · other public 0.95%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 31 Dec 2019, 4 resolutions

Present: 5 promoters and 73 others.The company's voting result (opens in a new tab)

  1. 1. Consider and adopt :nna) Audited Standalone Financial Statement, Reports of the Board of Directors and Auditorsnnb) Audited Consolidated Financial Statement and Auditors Report
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 20.42% · promoters 100.00% · institutions 0.00% · other public 1.13%

  2. Re-appointment of Mr. H. K. Mittal (DIN: 00007690), retiring by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 13.41% · promoters 64.19% · institutions 0.00% · other public 1.13%

  3. Regularization of Mr. H. K. Mittal (DIN: 00007690) as Executive Chairman
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 13.41% · promoters 64.19% · institutions 0.00% · other public 1.13%

  4. Regularization of Mrs. Ameeta Trehan (DIN: 07087510) as Independent Director
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 20.42% · promoters 100.00% · institutions 0.00% · other public 1.13%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 11 Nov 2019, 2 resolutions

Present: 0 promoters and 0 others.The company's voting result (opens in a new tab)

  1. Sale of Ship - FSO Prem pride
    Special
    0.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%

  2. Sale of Ship - Prem Mala
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.02%

    Turnout: all 20.17% · promoters 100.00% · institutions 0.00% · other public 0.90%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 31 May 2019, 4 resolutions

The company's voting result (opens in a new tab)

  1. Reclassification of Authorised Share Capital and consequent alteration of the Capital Clause in the Memorandum of Association of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 35.75% · promoters 96.43% · institutions 59.18% · other public 0.56%

  2. Reclassification of Authorised Share Capital and consequent alteration of the Capital Clause in the Articles of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.32%

    Turnout: all 35.75% · promoters 96.43% · institutions 59.18% · other public 0.56%

  3. To re-appoint Mr Man Mohan Agrawal as an Independent Director of the Company for a second consecutive term of 5 (five) years
    Special
    78.23% for21.77% against

    Against: promoters 0.00% · institutions 100.00% · other public 2.83%

    Turnout: all 35.75% · promoters 96.43% · institutions 59.18% · other public 0.56%

  4. Amendment of the existing terms and conditions of the US$ 16,000,000 4.75% Unsecured Foreign Currency Convertible Bonds (“FCCBs”) issued by the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.44%

    Turnout: all 35.75% · promoters 96.43% · institutions 59.18% · other public 0.56%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2018, 5 resolutions

Present: 5 promoters and 39 others.The company's voting result (opens in a new tab)

  1. Consider and adopt: a) Audited Standalone Financials of the Company for the financial year ended March 31, 2018 together with the report of Board of Directors & Auditors thereon; and b) Audited Consolidated Financials of the Company for the financial year ended March 31, 2018 together with the report of Board of Directors & Auditors thereonMoreLess
    Ordinary
    96.59% for3.41% against

    Against: promoters 0.00% · institutions 99.50% · other public 0.12%

    Turnout: all 29.61% · promoters 91.77% · institutions 6.60% · other public 0.55%

  2. Re-appointment of Mr. H. K. Mittal (DIN: 00007690) retiring by rotation
    OrdinaryPromoters have an interest in it
    98.11% for1.89% against

    Against: promoters 0.00% · institutions 53.09% · other public 0.13%

    Turnout: all 29.65% · promoters 91.77% · institutions 6.86% · other public 0.54%

  3. Regularization of appointment of Mr. Anil Khanna (DIN:00199924) as an Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 29.65% · promoters 91.77% · institutions 6.86% · other public 0.54%

  4. Regularization of appointment of Mr. Chetan Desai (DIN:03595319) as an Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 29.65% · promoters 91.77% · institutions 6.86% · other public 0.54%

  5. Regularization of appointment of Mr. Paritosh Kakkad (DIN:02558443) as an Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 29.65% · promoters 91.77% · institutions 6.86% · other public 0.54%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.