Le Merite Exports Share Price in Focus; Announces Equity Share Split of 1:5 Ratio

Le Merite Exports Limited has announced a significant change in its equity structure aimed at increasing the liquidity of its shares.  

The company has decided to split its equity shares, a move that is expected to make the shares more accessible to retail investors. 

Details of the Equity Share Split 

On April 8, 2026, the Board of Directors of Le Merite Exports approved the sub-division of its equity shares. Each existing equity share with a face value of ₹10 will be split into 5 shares with a face value of ₹2 each.  

This decision is pending approval from the company's members through a postal ballot and any necessary regulatory approvals. 

The rationale behind this decision is to enhance the liquidity of the company's shares and make them more affordable for retail investors. By reducing the face value of shares, the company aims to increase market participation. 

Impact on Share Capital 

Following the split, the authorised share capital will increase from 3,50,00,000 shares of ₹10 each to 17,50,00,000 shares of ₹2 each. Similarly, the issued, subscribed, and paid-up share capital will rise from 2,50,33,600 shares of ₹10 each to 12,51,68,000 shares of ₹2 each. 

The company has stated that the record date for the share split will be announced in due course. The entire process is expected to be completed within 2 months from the date of member approval. 

Regulatory Compliance and Next Steps 

Le Merite Exports has assured that all necessary steps will be taken to comply with regulatory requirements. The notice of the postal ballot will be submitted to the stock exchanges in accordance with the provisions of the Listing Regulations. 

Read More: Pashupati Cotspin Stock Split 2026: Record Date Set, Shares Gain 40% in 6 Months! 

Le Merite Exports Share Price Performance 

As of April 08, 2026, at 3:30 PM, Le Merite Exports share price on NSE was closed at ₹443.35 down by 1.34% from the previous closing price. 

Conclusion 

The decision by Le Merite Exports to split its equity shares is a strategic move to improve liquidity and attract more retail investors. By making shares more affordable, the company is positioning itself to potentially broaden its investor base. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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