Mercury Trade Links launches a Rs 48.95 crore rights issue to enhance working capital.

Ahmedabad-based Mercury Trade Links, a company trading agro products, has launched a Rs 48.95 crore rights issue to boost working capital and corporate needs. The issue, open until December 5, offers 1,08,90,000 equity shares at Rs 44.95 each, with a 4:1 entitlement ratio. Mercury Trade Links, founded in 1985, has seen a significant rise in income and profit in the last quarter, up 119.2% and 94.8% respectively, compared to the same period last year.

4 months ago
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