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Board Meeting Outcome

Le Merite Exports Board Meeting Outcome

Le Merite Exports Limited's board has approved a stock split of its equity shares from a face value of ₹10 to ₹2 per share. The move aims to enhance liquidity and encourage retail participation. The split is subject to shareholder approval via postal ballot and is expected to be completed within two months.

Key figures
Execution periodTentatively within 2 months
Source

NSE filing, NSE: LEMERITE. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Le Merite Exports Ltd: key numbers

Share price
₹18.77
Market cap
₹234.9 Cr
Revenue (annual)
₹357.5 Cr
Net profit (annual)
₹11.60 Cr
P/E (TTM)
84.2×Sector 49.0×
Promoter holding
59.65%+0.00% QoQ
FII holding
0.06%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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