Mercator Limited announced that the Mr. Kiran Vaidya has resigned from the post of officiating chief financial officer as well as key managerial personnel of the company with effect from the closure of business hours on January 31, 2018. Mr. Rajendra Kumar Kothari has been appointed as a chief financial officer and key managerial personnel with effect from February 1, 2018 by the board of directors in its meeting held on January 29, 2018. He has over 29 years of experience in various industries in the fields of Finance, Treasury, Accounting, Direct and Indirect Taxation, Legal, Company Secretarial and Risk Management functions; He also has in-depth business experience in handling the functions of Procurement, Supply Chain Management, Human Resources and Information Technology.