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Le Merite Exports reported no deviation in the use of preferential issue proceeds for the quarter ended September 30, 2026. Some warrant-linked funds remain pending receipt.
Le Merite Exports fixed May 29, 2026, as the record date for its 1:5 stock split. Each ₹10 share will be subdivided into five ₹2 shares.
Le Merite Exports Limited confirmed it does not fall under the SEBI 'Large Corporate' category for F.Y. 2025-26. The company cited outstanding borrowings below the threshold and a CRISIL BB+/Stable credit rating. Consequently, specialized disclosure requirements for fund raising via debt securities are not applicable.
Le Merite Exports Limited has announced a 1:5 stock split, reducing the face value of equity shares from ₹10 to ₹2. The board approved the split to enhance liquidity and encourage wider shareholder participation. The process is expected to be completed within two months, subject to shareholder approval via postal ballot on May 12, 2026.
Le Merite Exports Limited submitted its quarterly compliance certificate under SEBI Regulations for the period ended March 31, 2026. The registrar, Bigshare Services, confirmed that all shares remain in dematerialised form and no requests for demat or remat were received during the quarter.