Announced Wed, 13 May · 19:38 IST
Le Merite Exports Limited has informed the Exchange that Record date for the purpose of Split/Subdivision is 29-May-2026.
LEMERITE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+8.3%1-day move
₹87.60
prior close
₹89.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-1.6-1.6-1.3+8.3+5.0+1.0-2.5-23.9-43.6-66.4-68.8-73.6—
Up moveDown movePending
AI summary
Le Merite Exports Limited has announced that May 29, 2026 is the Record Date for a stock split/subdivision. The company will split 1 equity share of face value Rs. 10 each into 5 equity shares of face value Rs. 2 each. This represents a 1-for-5 stock split. The split was approved by shareholders through Postal Ballot on May 12, 2026. The company's trading symbol on NSE is LEMERITE.
Likely market impact
A stock split increases liquidity by reducing the share price proportionally while maintaining total investment value. Shareholders will receive 5 shares for every 1 share held after May 29, 2026.