Le Merite Exports Limited has informed the Exchange about Action(s) taken or orders passed

Regulatory & Legal View source PDF Explain this filing

LEMERITE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹63.55

prior close

₹62.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.3% vs market

Trading - Textile Products peers, median of 6sector-0.1%-0.2% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.2 pts less than its Trading - Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+0.1-0.3-0.1-0.2

Next day

-0.7+0.5-1.2-0.2-0.5

-0.9-0.0-0.9-0.0-0.9

-1.2-0.1-1.0-0.2-0.9

+0.7+0.4+0.3-0.6+1.3

+4.2+0.7+3.4-1.0+5.2

+6.0+0.4+5.6-1.1+7.0

15d

+4.8+1.1+3.7+1.0+3.8

+2.1-2.0+4.2-2.2+4.3

+13.3-1.9+15.2-4.7+18.0

+41.0-2.7+43.7-7.1+48.1

UpDownMarket · Nifty Microcap 250Sector · Trading - Textile Products peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

An operational creditor, Count N Denier Exim Limited, had filed an insolvency petition against Le Merite Exports under Section 9 of the Insolvency and Bankruptcy Code, 2016, before the NCLT Mumbai Bench (first disclosed on March 1, 2025). The creditor has now withdrawn that application, and the NCLT dismissed the petition on June 26, 2025. The company received the order copy on July 3, 2025. The company has stated there is no financial, operational, or other impact. This removes a legal overhang that had been pending on the company.

Likely market impact

Positive for shareholders — the insolvency threat is cleared with no financial or operational impact disclosed, removing a key risk factor for the stock.