Board re-appoints Lath family directors and independent directors for 5 years
LEMERITE · price
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Le Merite Exports board re-appointed three Lath family directors for 5 years each: Umashankar Lath as MD and Chairman, Abhishek Lath as MD and CFO, and Sweta Lath as Executive Director, effective Oct 31, 2026. Two independent directors also re-appointed for second 5-year terms from Dec 17, 2026. Internal auditor appointed for FY27 and 23rd AGM notice approved. All changes need shareholder approval.
Leadership continuity with promoter family retaining control and independent directors retained. Subject to shareholder approval at the upcoming AGM.