Mercator is one of India’s largest private sector Dredging Company. The group has a presence in varied segments namely shipping, offshore services, oil exploration and production, dredging, coal mining/trading and logistics.
Mercator’s Promoter hikes stake in the company
Mercator’s Promoter and Executive Chairman, Harish Kumar Mittal has purchased 1,000,000 equity shares from the open market. With this acquisition, the total promoter holding in Mercator has increased to 31.17%.