Le Merite Exports Fixes May 29, 2026 as Record Date for Equity Share Sub

Le Merite Exports Limited has formally notified the National Stock Exchange of India Limited regarding the record date for the sub-division of its equity shares. In a regulatory filing dated May 13, 2026, the company communicated that Friday, May 29, 2026, has been fixed as the record date for determining the eligibility of members for the share split, in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Share Split Details

The sub-division involves the conversion of existing equity shares into a higher number of shares with a reduced face value. The key parameters of the split are outlined below:

Parameter: Details Record Date: Friday, May 29, 2026 Existing Face Value: Rs. 10/- (Rupees Ten) per share New Face Value: Rs. 2/- (Rupees Two) per share Split Ratio: 1 share split into 5 shares Share Type: Fully paid-up equity shares

Approval and Regulatory Background

The share split received approval from the company's Members through a Postal Ballot conducted on May 12, 2026. This followed an earlier intimation dated April 8, 2026, wherein the Board of Directors of Le Merite Exports had approved the sub-division. The record date notification has been filed in accordance with Regulation 42 of the Listing Regulations, which governs the intimation of record dates for corporate actions.

The filing was submitted by Arpit Sharma, Company Secretary and Compliance Officer of Le Merite Exports Limited, on May 13, 2026.

Le Merite Exports Limited's promoter group has filed declarations under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming zero encumbrance on their shareholding for the financial year ended March 31, 2026. The disclosures were submitted to the National Stock Exchange of India Limited on April 03, 2026, and cover all members of the promoter group, including individual promoters and Hindu Undivided Families (HUFs).

Promoter Group Members Filing the Declaration

A total of six promoter group entities submitted individual declarations, each confirming that no encumbrance—direct or indirect—was created on their respective shareholdings during the financial year ended March 31, 2026, beyond any previously disclosed encumbrances. Each declarant also confirmed that none of their shares in the company are encumbered or pledged as on March 31, 2026.

The following members of the promoter group filed the declarations:

Declarant: Capacity Umashankar Lath Promoter Umashankar Naharmal Lath HUF Promoter Group (Karta: Umashankar Lath) Ashadevi Lath Promoter Group Sweta Abhishek Lath Promoter Group Abhishek Lath HUF Promoter Group (Karta: Abhishek Lath) Abhishek Lath Promoter

Regulatory Context

The declarations have been made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and members of the promoter group to disclose, on an annual basis, any encumbrance created on shares held by them in the listed company. The disclosures were addressed to the National Stock Exchange of India Limited and copies were forwarded to the Audit Committee and Company Secretary of Le Merite Exports Limited at its registered office in Mumbai, Maharashtra.

Key Highlights of the Declarations

All six promoter group members confirmed no encumbrance was created, directly or indirectly, during the financial year ended March 31, 2026.

Each declarant confirmed that none of the shares held by them in Le Merite Exports Limited are encumbered or pledged as on March 31, 2026.

The declarations were filed on April 03, 2026, with the National Stock Exchange of India Limited.

The disclosures pertain to the financial year ended March 31, 2026.

The filings reflect the promoter group's compliance with annual disclosure requirements under SEBI's Takeover Regulations, affirming a nil encumbrance position on their collective shareholding in Le Merite Exports Limited as at the close of FY26.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.