NSEAgreements31 Aug 2026 · 31 Aug 2026, 07:06 pm
Agreements
Le Merite Exports Limited · LEMERITE
✦ AI SummaryDebt Restruc.
Le Merite Exports Limited has informed the Exchange about the sale of its investment property, Unit No. 801 on the 8th Floor of Crescent Business Square Premises Co-operative Society Limited, for an aggregate sale consideration of Rs. 1,53,00,000/-.
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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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Le Merite Exports Limited has informed the Exchange about Agreements
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LMEL_31082026190611_Sale_of_Unit.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 31, 2026
National Stock Exchange of India Limited
Exchange plaza,
Bandra-Kurla Complex,
Bandra (E), Mumbai – 400051.
SYMBOL: LEMERITE
Dear Sir /Ma’am,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Sale of Investment Property of the Company.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby inform that the Company has entered into an agreement for sale
dated August 31, 2026 of its investment property, being Unit No. 801 on the 8th Floor of
Crescent Business Square Premises Co-operative Society Limited, situated at Kherani Road,
Sakinaka, Andheri (East), Mumbai – 400072, for an aggregate sale consideration of Rs.
1,53,00,000/- (Rupees One Crore Fifty-Three Lakh Only), on such terms and conditions as
mutually agreed between the parties.
The purchaser is a third-party purchaser and does not belong to the promoter/promoter
group/group companies of the Company and is not a related party of the Company.
The proposed sale is in line with the Company's strategy to optimize its investment/assets base
and rationalize its non-core assets in accordance with its business and operational
requirements.
The sale of the aforesaid investment property does not constitute sale of an “undertaking” of the
Company within the meaning of Section 180(1)(a) of the Companies Act, 2013.
You are requested to take the same on your record.
Thanking you,
Yours Faithfully,
For Le Merite Exports Limited
Arpit Sharma
Company Secretary and Compliance Officer
M. No.: A71673