NSEAcquisition11 Aug 2026 · 11 Aug 2026, 05:02 pm

Acquisition

Le Merite Exports Limited · LEMERITE

✦ AI SummaryOrder Cancel

Le Merite Exports Limited has informed the National Stock Exchange of India Limited about the cancellation of its proposed acquisition of an additional 14.5% equity stake in Le Merite Tactical & Defence Solutions Private Limited.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Le Merite Exports Limited has informed the Exchange about Cancellation of Proposed Acquisition

Attachments (1)

📄

LMEL_11082026170238_NSE_Intimation_Signed.pdf

pdf

Download →
View document text
LE MERITE EXPORTS LIMITED (CIN: L17111MH2003PLC143645) Registered Office: A-307, Boomerang, Chandivali Farm Road, Powai, Andheri (East), Mumbai 400 072, Maharashtra Tel: +91 22 45963506, Website: www.lemeriteexports.com E-mail: compliance@lemeriteexports.com August 11, 2026 National Stock Exchange of India Limited Exchange plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400051. SYMBOL: LEMERITE Dear Sir /Ma’am, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Cancellation of Proposed Acquisition of Additional Equity Stake in Le Merite Tactical & Defence Solutions Private Limited. With reference to our earlier disclosure dated June 23, 2026, regarding the approval of the Board of Directors for acquisition of an additional 14.5% equity stake (14,500 equity shares) of Le Merite Tactical & Defence Solutions Private Limited ("LMTDSPL") from Mr. Nand Nandan Sureka for a consideration not exceeding ₹1,45,000, we wish to inform you that the proposed acquisition will not be consummated, as Mr. Nand Nandan Sureka has expressed his unwillingness to proceed with the proposed sale and transfer of the shares. Accordingly, the proposed acquisition stands cancelled and the transaction shall not be proceeded with. Consequently, there will be no change in the existing shareholding of the Company in LMTDSPL pursuant to the proposal approved by the Board on June 23, 2026. This disclosure is being made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the applicable SEBI circulars, to keep the stock exchange and the investors informed of the cancellation of the proposed transaction. Kindly take the above information on record. Thanking you, Yours Faithfully, For Le Merite Exports Limited Arpit Sharma Company Secretary and Compliance Officer M. No.: A71673