Mercantile Ventures Limited is presently entitled to voting rights of 92.05% due to non-payment of divided on 1,04,20,000 9% Cumulative Redeemable Preference Shares of Rs. 10/- each. Mercantile Ventures Limited also subscribed to additional 1,90,000 9% cumulative redeemable preference shares which were allotted on 13 December, 2017. Due to non-payment of dividend on these shares for more than 2 years, Mercantile Ventures Limited is now entitled to additional voting rights of 0.13% and their aggregate voting right is 92.18%. The disclosures as submitted by Mercantile Ventures Limited as per Regulation 10(6) and 10 (7) are attached herewith.