Mercantile Ventures Limited announced that it has accepted of Resignation of Mr. V Padmanabha Sarma from the post of Chief Financial Officer of the Company and appointment of Mr. N Umasankar as Chief Financial Officer of the Company. Effective from June 21, 2024. Mr. N Umasankar has over 30 years experience in the areas of Finance & Accounts, corporate finance.

He is presently working as General manager (Finance & Business Development) in i3 Security Private Limited, subsidiary company. He is graduated with MBA- Finance & HR.