Vivid Mercantile Ltd. Press Release Feb 16 2026

The Meeting of the Board of Directors of the Company held on February 16th, 2026 to discuss and approved the following:1. Increase in the Authorised Share Capital of the Company from Rs. 10,03,00,000 divided into 10,03,00,000 Equity Shares of Rs. 1/- each to Rs. 15,25,00,000 divided into 15,25,00,000 Equity Shares of Rs. 1/- each.2. Draft Postal Ballot Notice for obtaining members approval for Increasing the Authorized Share Capital of the Company from Rs. 10,03,00,000/- to Rs. 15,25,00,000/-.i) Appointed M/s Neelam Somani & Associates, a Practicing Company Secretary, as the Scrutinizer for the aforesaid Postal Ballot process.3. Appointment of Mr. Dhaval Satishkumar Gajjar as an Internal Auditor of the company for the period of 3 years from Financial Year 2026-2027 to Financial Year 2027-2029 as recommended by Audit Committee.