Le Merite Exports Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
LEMERITE · price
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Awaiting price reaction for this filing.
Le Merite Exports Limited has submitted an annual disclosure under SEBI's Takeover Regulations, signed by promoter and Managing Director Abhishek Lath. The declaration covers the promoter, promoter group members (Umashankar Lath, Sweta Abhishek Lath, Umashankar Naharmal Lath, Ashadevi Lath, and Abhishek Lath HUF), and persons acting in concert. Mr. Lath confirmed that no new encumbrances (such as pledges or liens) were created on their shares in the company during the financial year ended March 31, 2025, beyond those already disclosed earlier in FY 2024-25. The filing is a routine annual compliance submission to NSE.
This is a routine, positive compliance update for shareholders — it confirms the promoter group has not added new pledges or encumbrances on their holdings during the year, signalling no incremental financial stress on the promoter side. No direct impact on stock price is expected; this is purely a regulatory disclosure.