Promoter group entity Shree Saibaba Exim Private Limited sold 20 lakh shares of Mercury Ev-Tech through the open market. This transaction reduced its stake from 19.87% to 18.82%.
A manufacturer and trader of electronic vehicles and renewable energy products, Mercury EV-Tech operates in India's automotive and clean energy sectors. Incorporated in 1986, the company designs, manufactures, and distributes electric vehicles alongside complementary renewable energy offerings and related products. Its distinctive approach integrates vehicle manufacturing with renewable energy solutions, positioning the company as a comprehensive player in India's transition toward sustainable transportation and cleaner energy alternatives for consumers and businesses.
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