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MERCANTILE PORTS & LOGISTICS LIMITED

Legal Proceedings Report Sep 22, 2025

7780_bfr_2025-09-22_d35d210d-707e-4768-b4ca-4b36892ffd33.html

Legal Proceedings Report

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National Storage Mechanism | Additional information

RNS Number : 3081A

Mercantile Ports & Logistics Ltd

22 September 2025

Mercantile Ports & Logistics Limited

("MPL", the "Group" or the "Company")

Update re Loan Facility

Mercantile Ports & Logistics (AIM: MPL), which is operating and continuing to develop a port and logistics facility in Navi Mumbai, Maharashtra,   announces that, following the hearing that took place on Friday, the Hon'ble Judge today expressed that he required additional time to pass orders on the application seeking stay. The Company is pleased to confirm that, in the meantime, the Company has been granted an interim protection, with this ruling expected to be confirmed in writing shortly. The Company will continue to discuss with relevant parties in order to enforce the sanction granted to it earlier and enable the refinancing to be completed.

Further announcements will be made as the current situation develops.

This announcement contains inside information.

For further information, please visit  www.mercpl.com   or contact:

MPL c/o Cavendish

+44 (0) 20 7220 0500
Cavendish Capital Markets Limited

(Nomad and Broker)
Stephen Keys

+44 (0) 20 7220 0500

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