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Le Merite Exports other announcement announcements

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19:02 IST NSE
Other AnnouncementLe Merite Exports Ltd LEMERITE

Le Merite Exports Other Announcement

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.

Execution
2 months