July 25, 2017

To,

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street,

Mumbai - 400 001

,, E RC ATO R

w w w . m e r c a t o r . i n

To,

National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex

Bandra (El, Mumbai - 400 051.

Scrip Code: 526235 Scrip Code: MERCATOR

Sub: Outcome of Board Meeting

Dear Sir,

This is to inform you that the Board of Directors of the Company at its meeting held today, has inter-alia, approved the following:

Raising of funds up to an aggregate amount of USD $ 50 Million or in equivalent Indian Currency amount by way of issue of securities/Foreign Currency Convertible Bonds or raising capital by way of QualifiedInstitutional Placement/ADR/GDR or any other method; inIndian or International, subject to receipt of necessary approvals from Shareholders, Statutory, Regulatory and other Competent Authorities as may be required.

The meeting of the Board of Directors was commenced at 11:00 a.m. and concluded at 02:45 p.m. Please acknowledge.

Thanking you,

cv·

Yours faithfully,

For Mercator Limited

Sutas Pawar Company Secretary

ME RCATOR LIMITE D

(CIN : L63090MH1983PLC03141 8)

31 Mittal Tower ·B, Nariman Point. Mumbai ·400021, India. Tel:+ 91 22 66373333 Fax:+ 91 22 66373344 mercator@mercator.in

Mercator Limited published this content on 25 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 July 2017 10:39:38 UTC.

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