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Company Information

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LE MERITE EXPORTS LTD.

09 May 2025 | 12:00

Industry >> Textiles - Spinning - Cotton Blended

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ISIN No INE0G1L01017 BSE Code / NSE Code / Book Value (Rs.) 40.24 Face Value 10.00
Bookclosure 30/09/2024 52Week High 326 EPS 0.72 P/E 437.81
Market Cap. 763.83 Cr. 52Week Low 73 P/BV / Div Yield (%) 7.81 / 0.06 Market Lot 800.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally incorporated as a Private Limited Company in name and style of "Didwaniya Yarn Exports Private Limited" on December 24, 2003 under the Companies Act, 1956 bearing Corporate Identification Number U17111MH2003PTC143645 issued by the Registrar of Companies, Maharashtra, Mumbai. Prakashchandra Didwaniya, Prashant Didwaniya and Chandabai Didwaniya were the original Promoters and subscribers of the Company at the time of incorporation. Further, the name of the Company was changed to "Le Merite Exports Private Limited" and a special resolution was passed by the Shareholders of the Company at the Extra-Ordinary General Meeting held on August 07, 2004. The Assistant Registrar of Companies, Maharashtra, Mumbai issued a fresh Certificate of Incorporation dated September 02, 2004, upon change of the name. Further, on March 31, 2006 the entire share capital of the Company was transferred by the Didwaniya family to the Lath family and the control of the company was handed over to Lath Family, the new promoters of the company, pursuant to share transfer deed. Further, the Company was converted into a Public Limited Company pursuant to the special resolution passed by the shareholders at the Extra-Ordinary General Meeting of the Company held on June 02, 2015 and consequent upon such conversion the name of the Company was changed to "Le Merite Exports Limited" vide a fresh certificate of incorporation dated July 08, 2015 bearing Corporate Identification Number U17111MH2003PLC143645 issued by the Deputy Registrar of Companies, Mumbai.

Major Events :
2003
- The Company was incorporated as a private limited company

2004
- Change in name of the company from "Didwaniya Yarn Exports Private Limited" to "Le Merite Exports Private Limited"

2006
- Change in control of the company from Didwaniya Family to Lath Family

2015
- Conversion of company from private to public from "Le Merite Exports Private Limited" to "Le Merite Exports Limited"

2024 -The Company Winning FIEO (Western Region) Export Excellence Award.