Le Merite Exports
321.00
-3.50(-1.08%)
Market Cap₹762.00 Cr
PE Ratio124.81
IndustryTextiles
Company Performance:
1D-1.08%
1M-4.49%
6M+5.26%
1Y+65.08%
5Y+307.62%
View Company Insightsright
Latest news about Le Merite Exports
Le Merite Exports Announces Equity Share and Convertible Warrant Issue Jul 11, 2025
Le Merite Exports plans to issue 86,400 new equity shares and 1,037,000 convertible warrants, both priced at ₹320.00 each. This move could potentially raise approximately ₹359.50 crore if fully subscribed. The initiative aims to strengthen the company's financial position and provide resources for future growth, although it will lead to some dilution for existing shareholders.