Mercator Ltd Company History

Global Trust Bank (GTB) divests its holding of 5 per cent in the company

Mercator Lines acquires one second hand aframax tanker of 94706 M/tons Dead Weight Tonnage (DWT) under second phase of its expansion program.

Mercator Lines divests four per cent stake to Canara Bank & Bank of India

Bags $32 mn contract from M/s BG Exploration & Production for charter hire of a vessel for a period of 5 years

Mercator Lines has bagged MRPL's contract to transport six million tonne of crude on a world scale 2004 of 129.

The Singapore-based Indiaman Funds (Mauritius) has picked up a stake of around five per cent in the Mercator Lines at Rs 275 per share

Mercator Lines gets listed on NSE with effect from June 20, 2005 onwards.

Mercator Lines signs MOA for rights of operating on Geared Panamax vessels

Company has splits its Face value of Shares from Rs 10 to Re 1

Mercator Lines Limited has informed that Mr. Nilesh Jain, an Associate member of Institute of Company Secretaries of India, has been appointed as Company Secretary and Compliance Officer of the Company.

Mercator has given the Bonus in the Ratio of 3:2

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.

Mercator Lines to acquire 4 Dry Bulk Vessels totaling 305,00.

Mercator Lines Ltd has informed that 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.

Recommended @ 100% i.e. Re 1/- per share on Equity Shares of Rs 1/- each for the financial year ended on March 31, 2007.

Mercator Lines Ltd has informed that the Company on January 08, 2008 has acquired a 2007 built vessel (Dredger). This is third in its fleet.

Recommended dividend @ 110% i.e. Rs 1.10/- per share on Equity Shares of Re 1/ each for the financial year ended on March 31, 2008.

Mercator Lines sitting on 3-bn tonne of coal reserves.

Mercator Lines Ltd has informed regarding announcement in respect of acquisition of vessel, submitted by the Companys subsidiary, Mercator Lines (Singapore) Ltd, to Singapore Stock Exchange.

Mercator Lines Ltd has informed BSE regarding a Press Release dated March 16, 2009 titled "Mercator Lines acquires Jack Up Rig at Rs 1000 Cr and Deploys Immediately for Three Years".

Board has recommended dividend @ 50%.

Mercator Lines Ltd has informed BSE that the Company has on December 01, 2009 taken delivery of a 1993 built M.R. Tanker of 42,235 DWT.

Appointment of Mr.Kapil Garg as an Additional Director of the Company.

Appointment of Ms.Suchita Shirambekar, as Company Secretary: Ms.Suchita Shirambekar is an Associate Member of Institute of Company Secretaries of India, New Delhi and also a Law graduate. She will also act as Compliance Officer.

Board has Recommended dividend @ 20%.

MercatorLine - MOL has delivered the Rig to the buyer in Singapore.

MercatorLine - Acquisition of 50% stake in East Kalimanthan, Indonesia.

Mercator Lines Ltd has informed BSE that the Company's subsidiary M/s. Mercator Oil & Gas Limited, India has been awarded a contract by ONGC Ltd. for conversion of their Mobile Offshore Drilling Unit ("MODU") "Sagar Samrat" into Mobile Offshore Production Unit ("MOPU").

Mercator Lines Ltd has informed BSE that as approved by the shareholders at their AGM held on September 22, 2011 and by ROC vide their Certificate dated November 22, 2011; name of the Company has been changed from "Mercator Lines Limited" to "Mercator Limited".

MercatorLine - Mercator Limited Annual Report Receives Global Recognition.

Miss. Priya Vishwanathan (ACS) has been appointed as Company Secretary of the Company.

Mercator receives new CARE ratings.

Mercator Ltd has secured 2 new orders from Paradip Port Trust for Maintenance Dredging of the Approach and Extended Approach Channel to be executed over a period of 3 years aggregating to Rs. 210 cr approx.

Mercator Ltd has informed that Mrs. Amruta Sant has been appointed as Company Secretary of the Company with effect from December 12, 2013. She will also act as Compliance officer.

Mercator wins Rs 210 cr orders from Paradip Port Trust

Mercator opens the FCCB Issue for subscription at an initial conversion price of Rs. 38.30

Mercator Ltd has has acquired one 1992 built Very Large Gas Carrier (VLGC).

Mercator Ltd has Recommended dividend @10% i.e. Re. 0.10/- per share on Equity Shares of Re. 1/- each.

Mercator has won a maintenance dredging Contract from Mormugao Port Trust (Goa).

The Company has won a Dredging Contract for reclamation at Jawahar Dweep, Mumbai Port. the contract value of this award is INR 30.40 crores.

The Company has acquired 92,11,256 Equity shares of Tuticorin Alkali Chemicals & Fertilizers Limited

NCLT has approved the Amalgamation of Cuningham Ventures Pvt Ltd.,Sahoj Ventures Pvt.Ltd. and Willingdon Ventures Pvt.Ltd. with Mercantile Ventures Limited.