Le Merite Exports Limited has informed the Exchange about Copy of Newspaper Publication
LEMERITE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Le Merite Exports Limited has published newspaper advertisements on April 11, 2026 informing shareholders about the dispatch of a Postal Ballot Notice. The notice seeks shareholder approval via remote e-voting for two key proposals: (1) sub-division/stock split of equity shares of the company, and (2) alteration of the Capital Clause in the Memorandum of Association. The voting period commences on Sunday, April 19, 2026 at 9:00 AM. Members whose email addresses are registered with the company will receive the notice electronically, while physical shareholders need to register their email addresses with the Registrar and Transfer Agent, Link Intime India Pvt. Ltd.
The stock split proposal, if approved, will increase the number of shares outstanding while reducing the face value per share, potentially making the stock more affordable for retail investors. This corporate action typically signals management confidence in the company's value.