Mercantile Ventures Limited (BSE:538942) made an offer to acquire a 26% stake in India Radiators Limited (BSE:505100) for INR 1.4 million on January 5, 2024. Saffron Capital Advisors Private Limited acted as financial advisor and Cameo Corporate Services Limited acted as transfer agent to Mercantile Ventures Limited

Mercantile Ventures Limited (BSE:538942) completed the acquisition of 0.32% stake in India Radiators Limited (BSE:505100) on May 3, 2024,