NSEAcquisition11 Aug 2026 · 11 Aug 2026, 05:02 pm
Acquisition
Le Merite Exports Limited · LEMERITE
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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
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Full Announcement
Le Merite Exports Limited has informed the Exchange about Cancellation of Proposed Acquisition
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LMEL_11082026170238_NSE_Intimation_Signed.pdf
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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