Le Merite Exports Limited
Incorporated in 2003, Le Merite Exports Ltd is in the business of manufacturing, purchase and sale of textiles
What Le files
- Others53
- Board Meeting13
- Important11
- Updates5
- New Orders3
- QIP/Rights/Pref.3
Le Merite Exports reported a Q1 net loss of ₹4.26 Cr, primarily due to an ₹11.06 Cr unrealized fair-value loss on investments. Underlying business profit before this impact was ₹5.96 Cr. The Board approved Q1 financial results, appointed a new independent director, and noted another director's resignation. Company completed a...
Le Merite Exports incorporated Le Merite Torna Technical Textile Park Pvt Ltd as an associate, holding 35% stake. This strategic move aims to develop and manage an integrated technical textile park, marking expansion into a new sector.
Le Merite Exports clarified its stock's recent price volatility, stating the movement is purely market-driven. Management has no control or knowledge of specific reasons, assuring ongoing disclosure compliance.
Le Merite Exports' shares are approved to migrate from the NSE SME Emerge platform to the Main Board. Trading on the Main Board will commence, potentially increasing visibility and liquidity for investors.
Le Merite Exports clarified its half-year results, correcting a minor cash flow statement error regarding equity share proceeds. Importantly, this correction has no impact on profit figures or other material financials.