Mercator : Resignation of Director

September 29, 2020
To,	To,
Corporate Relationship Department	National Stock Exchange of India Ltd.
BSE Limited	Exchange Plaza, Plot no. C/1, G Block,
Phiroze Jeejeebhoy Towers	Bandra-Kurla Complex
Dalal Street	Bandra (E)
Mumbai- 400001	Mumbai - 400 051.
Company Code: 526235	Company Code: MERCATOR

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 - Resignation of Independent Director

Dear Sir/Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") read with Para A of Part A of Schedule III to the Listing Regulations, we wish to inform that Mr. Man Mohan Agrawal (DIN: 00681433) has stepped down from the position of the "Non-Executive Independent Director" of the Company with effect from today, i.e., September 29, 2020.

Further, please see below requisite disclosure as per Regulation 30 read with Para A of Part A of Schedule III to the Listing Regulations:

Disclosure Requirement		Details
Reason	for	Change	viz.	Resignation due to ill health. Mr. Man Mohan Agrawal was
appointment,resignation, removal,	appointed as the Director of the Company with effect from
death or otherwise			August 12, 2011. He has given his resignation from the
				position of the Independent Director of the Company with
				effect from today, i.e., September 29, 2020.
Date of Appointment /Cessation	September 29, 2020
(as applicable) & term of
Appointment

Further, the Company has received confirmation from Mr. Man Mohan Agrawal that there are no material reasons for his resignation other than those mentioned in his resignation letter dated September 29, 2020.

The said confirmation received is enclosed herewith. Request you to take the above on your records.

Thanking you,

Yours faithfully,

For MERCATOR LIMITED

RAJENDR Digitally signed by RAJENDRA KUMAR KOTHARI

DN: c=IN, o=MERCATOR LIMITED, ou=MANAGEMENT, cn=RAJENDRA

A KUMAR KUMAR KOTHARI, serialNumber=93bf16a165301e2c237f8b 3779edc076261faa1250703cc05c29cd5d3 9ecc94b, postalCode=400104, 2.5.4.20=5652be34bca9cd26b923681a2b

KOTHARI a4bfaa92dff7290aab30a1a706fc212abb0 d7f, st=Maharashtra

RAJENDRA KOTHARIDate: 2020.09.29 17:13:32 +05'30'

CHIEF FINANCIAL OFFICER