Le Merite Exports Limited held an Extra Ordinary General Meeting where shareholders approved key proposals for capital raising. The company received approval to issue new Equity Shares on a preferential basis to specific allottees. Additionally, shareholders also approved the issuance of Equity Warrants to certain identified persons or entities, also on a preferential basis. These approvals are crucial as they enable the company to strengthen its capital base and fund future growth initiatives, impacting the company's financial structure.