1:5 Stock Split: Le Merite Exports Share Price Jumps 2% Post Stock Split Announcement: How To Get Eligible?

Le Merite Exports Share Price Today: Shares of Le Merite Export surged in Thursday's intraday trading session after the textile compony announced stock split in the ratio of 1:5.

Le Merite Exports share price closed 1.26% higher at Rs 448.95 per share on BSE with a market capitalisation of Rs 383.71 crore (free float) at 1:47 pm on Thursday. The stock had touched an intraday high of Rs 449.50 per share and an intraday low of Rs 442 per share.

Le Merite Exports Stock Split

The company's board of directors, on Wednesday, had approved stock division in the ratio of 1:5 for eligible shareholders. The company's board approved "the sub-division/split of face value of equity shares of the Company, such that 1 (One) equity share having face value of Rs. 10/- (Rupees Ten) each, fully paid-up, be subdivided into 5 (Five) equity shares having face value of Rs. 2/- (Rupees Two) each, fully paid-up and consequential alteration(s) to the Memorandum of Association of the Company," read a BSE filing released on Wednesday.
As per the stock split arrangement, each existing equity share with a face value of Rs 10 will be split into five shares with a face value of Rs 2 each.

Le Merite Exports Stock Split Record Date: How To Get Eligible?

The company is yet to notify the record date for the corporate actions. To become eligible for the stock split, investors must own the company shares on or before the record date.

Le Merite Exports Share Price Trend

The stock opened higher on Thursday. The textile stock touched its 52-week high mark of Rs 537.85 per share on December 12, 2025. The stock dipped to its 52-week low mark of Rs 281.25 per share on April 24, 2025. The stock has jumped 0.48% in past five trading sessions. Its share price value has declined 4.5% in the year 2026. The stock has delivered 53.48% returns in one year and 831% returns in three years.

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