Brief: Mercator approves issue price of 40.75 rupees/shr for QIP issue

Jan 17 (Reuters) - Mercator Ltd  MRCT.NS  
    * Says approved issue price of 40.75 rupees per share for 
QIP issue 
    * Says approved issue of confirmation allocation note for 
the allocation of 25 million shares via QIP 
 
Source text: http://bit.ly/2k09Moq 
Further company coverage:  MRCT.NS  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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