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%. 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 … Read more
Mercator has emerged as the lowest bidder in its bid for reclamation works of South-West cove at Jawahar Dweep vide tender floated by Mumbai Port Trust. The contract value of this job is around Rs 24.50 crore which is expected to be completed over the next 18 months. The company’s dredging division has so far … Read more
Mercator has reported total production of coal for the month of September 2018 at 183,485 MT, which is record production level from the present mines. With this, the company has already achieved approximately 50% of its annual coal production guidance of approximately 2 million MT for FY19. Additionally, the company has focused its efforts on … Read more
