NCLT approved merger of EV Nest Pvt Ltd into Mercury EV-Tech Ltd
National Company Law Tribunal (NCLT) has approved merger of EV Nest Private Ltd with Mercury EV-Tech Ltd, effective April 1, 2023. Additionally, Mercury EV-Tech has received a major regulatory approval from the International Centre for Automotive Technology to manufacture the "MUSHAK EV". This battery-operated, four-wheel goods carrier is 100% "Make in India" and eligible for government subsidies.