Le Merite Exports shareholders approved two resolutions via postal ballot with 100% votes in favor.
Resolution 1 authorized a stock split of equity shares, while Resolution 2 approved alteration of the capital clause in the MoA.
The e-voting process was conducted from April 13 to May 12, 2026, with 12 shareholders casting 14,941,444 votes.
The scrutinizer confirmed the process was fair and both resolutions passed with requisite majority.