Le Merite Exports Limited has informed the Exchange regarding 'Intimation of credit confirmation of equity shares from Depositories with regard to Sub-division / Split of equity shares of the Company'.
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Le Merite Exports Limited has informed the exchange that depositories have confirmed the credit of equity shares following the sub-division (stock split) of the company's equity shares. This means shareholders' demat accounts have now been updated to reflect the new share structure. No specific split ratio or effective date is mentioned in this particular intimation.
This is a procedural confirmation that the stock split has been executed at the depository level. Shareholders should now see the increased number of shares in their accounts, while the overall value of their holding typically remains unchanged immediately post-split.