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Mercator Ltd (Parent)
Mittal Tower
3rd Floor, B Wing, Nariman Point
Phone: +91 2266373333p:+91 2266373333 MUMBAI, 400021  India Fax: +91 2266373344f:+91 2266373344
Filed for Bankruptcy on 2/21/2023
On 12/10/2019, ICICI Bank Ltd. filed an Insolvency Petition against Mercator Ltd. with the National Company Law Tribunal, Bench of Mumbai, pursuant to section 7 of the Insolvency and Bankruptcy Code, 2016. (C.P.(IB)-4404(MB)/2019)
On 2/8/2021, the Petition was admitted and initiation of Corporate Insolvency Resolution Process (CIRP) was ordered against the Company.
On 2/21/2023, Mercator Limited was ordered to be liquidated by the National Company Law Tribunal, Mumbai Bench.
Mr. Girish S. Juneja was appointed as the Liquidator.
Business Summary
Mercator Limited is an India-based company, which is engaged in the business of shipping (tankers, gas carriers and dry bulkers), dredging, oil and gas, coal (mining, procurement and logistics). The Company operates through two segments: Shipping and Coal mining, trading and logistic. The Company has a diversified group with business operations spread across various industries, such as shipping, dredging, coal mining and logistics, and oil and gas exploration and production. The Company has a diversified group with business operations spread across various industries, such as shipping, dredging, coal mining and logistics, and oil and gas exploration and production. It provides coal mines and logistics infrastructure services in Indonesia, a mining license in Mozambique and oil blocks in India’s Cambay basin.
(Source: ARS)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20233/31/2023Yes----

Industries
SIC Code Description
1222 Bituminous coal underground mining
1221 Bituminous coal and lignite surface mining
1241 Coal mining services
4412 Deep sea foreign transportation of freight
4212 Local trucking without storage
4213 Trucking, except local
1389 Oil and gas field services, not elsewhere classified
1629 Heavy construction, not elsewhere classified
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President - Shipping KowshikKuchroo
Chief Financial Officer Mangesh M.Bhosale 3/1/2022 3/1/2022
President - Coal & Logistics AtulMalhotra 42
7 additional Officers and Directors records available in full report.

General Information
Number of Employees: 121 (As of 3/31/2012)
Outstanding Shares: 302,459,335 (As of 3/31/2023)
Shareholders: 106,422
Fax Number: +91 2266373344


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Wednesday, September 27, 2023