Le Merite Exports Limited Completes Sub-division of Equity Shares
Le Merite Exports Limited has announced the successful sub-division of its equity shares, confirming the transaction's completion through the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL).The corporate action involves splitting one equity share, which had a face value of Rs. 10, fully paid-up, into five equity shares, each having a face value of Rs. 2, fully paid-up.
The sub-divided shares have been credited under the new ISIN: INE0G1L01025 by both major depositories.
Transaction Details
The operational data provided by the depositories details the credit and debit actions executed on May 30, 2026.NSDL Confirmation:
The NSDL system recorded the following actions:
| ISIN | ISIN Description | D/C | Records | Quantity | Execution Date |
|---|---|---|---|---|---|
| INE0G1L01017 | LE MERITE EXPORTS LIMITED EQ | Debit | 1,012 | 2.44652e+06 | 30/May/2026 |
| INE0G1L01025 | LE MERITE EXPORTS LIMITED EQ NEW FV RS. 2/- | Credit | 1,012 | 1.22326e+07 | 30/May/2026 |
CDSL Confirmation:
CDSL processed the split, confirming the details through a transaction with a Credit ISIN of INE0G1L01025 and a Debit ISIN of INE0G1L01017.
| CA Seq. No. | ISIN | Type Of Security | Date Effected | No. of Records | No. of Securities |
|---|---|---|---|---|---|
| 746174 | Credit ISIN INE0G1L01025 | Le Merite Exports Limited #new Equity Shares With Face Valie Rs.2/- After Sub-division | 30-May-2026 | 2299 | 112935410 |
| 746174 | Debit ISIN INE0G1L01017 | Le Merite Exports Limited # Equity Shares | 30-May-2026 | 2299 | 22587082 |
The successful credit of the sub-divided shares, confirmed by both depositories, formalizes the split of the company's equity structure.
LEMERITE Stock Price Movement
Shares of Le Merite Exports Limited today slipped by 4.99% to settle at ₹36.15, marking a significant drop from its previous close. This steep plunge saw the stock touch its 52-week low, with trading volume recorded at 28,841 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.