Le Merite Exports Limited has formally notified the National Stock Exchange of India Limited regarding the completion of its Postal Ballot process and the record date for the sub-division of its equity shares. In a regulatory filing dated May 13, 2026, the company communicated that Friday, May 29, 2026, has been fixed as the record date for determining the eligibility of members for the share split, in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both resolutions proposed under the Postal Ballot — the sub-division of equity shares and the alteration of the Capital Clause of the Memorandum of Association — were passed with requisite majority, with 100% of valid votes cast in favour.

Share Split Details

The sub-division involves the conversion of existing equity shares into a higher number of shares with a reduced face value. The key parameters of the split are outlined below:

Postal Ballot Process and Voting Period

The Postal Ballot Notice was dated April 08, 2026, and the dispatch of notices to equity shareholders whose email IDs were available was completed on April 10, 2026. A public notice was published on April 11, 2026 in the Financial Express (English) and Mumbai Lakshdeep (Marathi). The e-voting window remained open from Monday, April 13, 2026 at 9:00 a.m. (IST) to Tuesday, May 12, 2026 at 5:00 p.m. (IST). Members as on the cut-off date of Friday, April 03, 2026 were entitled to vote. The e-voting facility was provided by Bigshare Services Private Limited, and the scrutinizer was Sunnykumar Narwani, Designated Partner of M/s. VTSN & Associates LLP, Practicing Company Secretaries, Ahmedabad, who assumed office as scrutinizer with effect from April 13, 2026.

Voting Results — Resolution 1: Sub-Division / Stock Split

The resolution for sub-division/stock split of equity shares was voted upon by 12 equity shareholders. The following table summarises the voting outcome:

A total of 1,49,41,444 votes were cast in favour through e-voting, representing 100% of valid votes polled. No votes were cast against, and there were no abstained or invalid votes.

Voting Results — Resolution 2: Alteration of Capital Clause of MoA

The resolution for alteration of the Capital Clause of the Memorandum of Association recorded an identical voting outcome. The table below presents the consolidated results:

As with Resolution 1, all 1,49,41,444 votes polled were cast in favour, with zero votes against and no abstentions or invalid votes. Both resolutions are deemed to have been passed on May 12, 2026, being the last date of the voting period.

Approval and Regulatory Background

The Board of Directors of Le Merite Exports had initially approved the sub-division at its meeting on April 8, 2026. The total number of shareholders on the record date stood at 1,707. The voting results of the Postal Ballot along with the Scrutinizer's Report are available on the company's website at www.lemeriteexports.com and on the website of Bigshare Services Pvt Ltd. The filing was submitted by Arpit Sharma, Company Secretary and Compliance Officer of Le Merite Exports Limited, on May 13, 2026. The Scrutinizer's Report was signed by CS Sunnykumar Narwani (M. No. A38196, COP No. 27211) on May 13, 2026 from Ahmedabad, and countersigned by Arpit Sharma (M. No. A71673) on the same date.

Le Merite Exports Limited's promoter group has filed declarations under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming zero encumbrance on their shareholding for the financial year ended March 31, 2026. The disclosures were submitted to the National Stock Exchange of India Limited on April 03, 2026, and cover all members of the promoter group, including individual promoters and Hindu Undivided Families (HUFs).

Promoter Group Members Filing the Declaration

A total of six promoter group entities submitted individual declarations, each confirming that no encumbrance—direct or indirect—was created on their respective shareholdings during the financial year ended March 31, 2026, beyond any previously disclosed encumbrances. Each declarant also confirmed that none of their shares in the company are encumbered or pledged as on March 31, 2026.

The following members of the promoter group filed the declarations:

Regulatory Context

The declarations have been made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and members of the promoter group to disclose, on an annual basis, any encumbrance created on shares held by them in the listed company. The disclosures were addressed to the National Stock Exchange of India Limited and copies were forwarded to the Audit Committee and Company Secretary of Le Merite Exports Limited at its registered office in Mumbai, Maharashtra.

Key Highlights of the Declarations

• All six promoter group members confirmed no encumbrance was created, directly or indirectly, during the financial year ended March 31, 2026.
• Each declarant confirmed that none of the shares held by them in Le Merite Exports Limited are encumbered or pledged as on March 31, 2026.
• The declarations were filed on April 03, 2026, with the National Stock Exchange of India Limited.
• The disclosures pertain to the financial year ended March 31, 2026.

The filings reflect the promoter group's compliance with annual disclosure requirements under SEBI's Takeover Regulations, affirming a nil encumbrance position on their collective shareholding in Le Merite Exports Limited as at the close of FY26.