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Pin to quick picksMercantile Ports & Logistics Regulatory News (MPL)

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Update on Ongoing Legal Proceedings

18 Dec 2025 15:29

RNS Number : 1776M
Mercantile Ports & Logistics Ltd
18 December 2025
 

Mercantile Ports & Logistics Limited

 

("MPL" or the "Company")

Update

 

Mercantile Ports & Logistics Limited (AIM: MPL), which is operating and continuing to develop a port and logistics facility in Navi Mumbai, Maharashtra, India, provides an update on the ongoing legal proceedings relating to its subsidiary, Karanja Terminal & Logistics Pvt. Ltd.

 

A civil appeal was listed before the Supreme Court of India earlier today, in which the appellant sought to set aside the interim order previously granted in MPL's favour by the National Company Law Appellate Tribunal (NCLAT) on 10 December 2025.

 

Following submissions from all parties, the Supreme Court did not pass any adverse order against the Company and directed the NCLAT to hear the matter on 14 January 2026, and, if possible, to dispose of the appeal on that date.

 

Importantly, the interim order dated 10 December 2025 remains in force.

 

The Company will continue to pursue all legal remedies available to protect its interests and will provide further updates as appropriate.

 

 

For further information, please visit www.mercpl.com or contact:

 

MPL

c/o Cavendish

+44 (0) 207 220 0500

Cavendish Capital Markets Limited

(Nomad and Broker)

Stephen Keys

+44 (0) 207 220 0500

 

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Date   Source Headline
13th May 20267:00 amRNSBoard Changes and Corporate Update
21st Apr 20268:54 amRNSUpdate re Karanja Asset
10th Apr 20264:23 pmRNSUpdate on Committee of Creditors' Meeting
9th Apr 20267:00 amRNSUpdate - Full Debt Redemption and Legal Action
10th Mar 20264:23 pmRNSDirector/PDMR Shareholding
10th Mar 20264:23 pmRNSDirector/PDMR Shareholding
2nd Feb 202610:00 amRNSDirector/PDMR Shareholding
18th Dec 20253:29 pmRNSUpdate on Ongoing Legal Proceedings
18th Dec 20253:29 pmRNSUpdate on Ongoing Legal Proceedings
17th Dec 20259:37 amRNSUpdate
15th Dec 202511:17 amRNSResult of General Meeting
19th Nov 20252:45 pmRNSNotice of GM and Related Party Transaction
19th Nov 20257:00 amRNSUpdate on Debt
11th Nov 202510:46 amRNSUpdate on Debt
8th Oct 20251:00 pmRNSUpdate on Delhi High Court Interim Order
30th Sep 20257:00 amRNSInterim Results
22nd Sep 20254:37 pmRNSUpdate re Loan Facility
19th Sep 202512:39 pmRNSUpdate re Loan Facility
8th Sep 20257:00 amRNSUpdate re Loan Facility
30th Jun 20257:00 amRNSFull Year Results
27th Feb 20257:00 amRNSTrading Update and Board Appointment
4th Oct 20243:30 pmRNSHolding(s) in Company
30th Sep 20247:00 amRNSInterim Results
12th Aug 20247:00 amRNSDirector/PDMR Shareholding
1st Jul 20249:30 amRNSHolding(s) in Company
27th Jun 20249:30 amRNSPublication of Annual Report
27th Jun 20247:01 amRNSFull Year Results
27th Jun 20247:00 amRNSRelated Party Transaction
13th Jun 20242:00 pmRNSHolding(s) in Company
15th Jan 20246:00 pmRNSDirector/PDMR Shareholding - Replacement
12th Jan 20247:00 amRNSDirector/PDMR Shareholding
10th Jan 20241:45 pmRNSDirector/PDMR Shareholding
10th Jan 20247:00 amRNSTrading Update
13th Dec 20237:00 amRNSChange of Nominated Adviser and Broker
24th Nov 20237:19 amRNSDirectorate Change
5th Oct 20233:00 pmRNSDirector/PDMR Shareholdings
29th Sep 20237:00 amRNSInterim Results
21st Aug 20238:02 amRNSHolding(s) in Company
4th Aug 20233:15 pmRNSHolding(s) in Company
2nd Aug 20237:00 amRNSHolding(s) in Company
28th Jul 20232:02 pmRNSResult of AGM & Issue of Equity
7th Jul 20233:06 pmRNSPublication of Circular and Notice of AGM
30th Jun 20239:05 amRNSHolding(s) in Company
29th Jun 20235:45 pmRNSPublication of Annual Report
29th Jun 20232:30 pmRNSFull Year Results
28th Jun 20234:59 pmRNSDirector/PDMR Shareholdings
27th Jun 20235:49 pmRNSSubscription
27th Jun 20233:56 pmRNSResult of General Meeting
13th Jun 20237:00 amRNSResult of Retail Offer
9th Jun 20237:00 amRNSResult of Placing and Subscription

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