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Mercator informs about company updates

14 Aug 2017

Mercator, a conglomerate engaged in Oil & Gas; Coal; Shipping and Dredging business; constantly evaluates various opportunities for enhancing the stakeholders value. On 12th August 2017; the Board of Directors of Mercator initiated a study to explore the possibility of demerger of business via restructuring of Shipping and Dredging business into separate entities which would facilitate value discovery, creation of focus entities with identified business objectives and opportunities to independently augment their growth plans. In this regard, the Board has constituted a Special Committee of Directors to consider the matter further.

The above information is a part of company’s filings submitted to BSE.

Related Mercator Ltd. Links:

Mercator Share Price

1.52 -0.08 (-5.00%) Jun 11, 18:01
1 Year Price Chart
Peers
Company Name CMP
Shipping Corpn. 113.20
GE Shipping 399.95
Dredging Corp 408.40
Shreyas Shipping 171.15
Essar Shipping 13.31
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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