LEMERITENSELe Merite Exports Limited· Textiles & ApparelsHighNegative
Announced Thu, 12 Mar, 2026 · 12:03 IST

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

Sebi PenaltyRegulatory & Legal View source PDFExplain 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
₹88.60
prior close
₹88.65
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+0.1% vs market
Trading - Textile Products peers, median of 7sector-1.7%+1.5% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 1.5 pts more 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
5m
+0.0
10m
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15m
+0.0
30m
+0.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.2-0.3+0.1-1.7+1.5
Next day
-0.1-3.2+3.1-4.0+3.9
2d
-0.2-3.8+3.6-8.5+8.2
3d
+3.4-2.8+6.2-6.2+9.6
4d
+4.1-0.2+4.3-6.9+10.9
5d
+1.6-3.0+4.6-7.9+9.5
1w
-1.8-6.7+4.9-7.8+6.0
15d
+1.8-1.0+2.8-17.7+19.5
1m
-0.2+5.2-5.5-10.8+10.5
2m
-1.2+12.6-13.8-6.8+5.5
3m
-70.5+17.6-88.1-8.1-62.4
UpDownMarket · Nifty Microcap 250Sector · Trading - Textile Products peers, median of 7Pending

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

AI summary

NSE has imposed a fine of ₹1,15,000 (plus GST) on Le Merite Exports for late filing of financial results for the quarter and half year ended September 30, 2025, under Regulation 33 of SEBI Listing Regulations. The company had applied for a waiver on December 30, 2025, but NSE rejected the application on March 11, 2026, and has asked the company to pay the fine. The company has stated there is no material financial, operational, or other impact beyond the fine amount itself. The disclosure has been made under Regulation 30 of SEBI LODR read with the applicable SEBI circulars.

Likely market impact

The penalty is small (₹1.15 lakh plus GST) and the company has confirmed no material impact on operations or financials. For shareholders, this is a minor compliance lapse rather than a fundamental issue, though repeated delays in financial reporting could attract stricter scrutiny going forward.