Le Merite Exports Limited has incorporated Le Merite Torna Technical Textile Park Private Limited as an associate company to develop an integrated technical textile park.
The associate company has been established to plan, develop and operate an integrated technical textile park, including core infrastructure such as utilities, logistics facilities, research and development (R&D) and testing centres, and worker amenities.
The new entity is yet to commence commercial operations. It will undertake activities ranging from site preparation and construction to the operation and maintenance of common infrastructure and shared facilities within the park.
The move marks Le Merite Exports’ expansion into the technical textiles infrastructure segment, broadening its presence beyond textile exports and strengthening its position in the higher-value technical textiles ecosystem.
The new entity, incorporated on July 8, 2026, has an authorised and paid-up share capital of Rs 1 lakh, while Le Merite Exports holds a 35% stake through the subscription of 3,500 equity shares.
According to the company, the Ministry of Corporate Affairs issued the Certificate of Incorporation on July 8, 2026. The authorised and paid-up capital comprises 10,000 equity shares of Rs 10 each, with the subscription amount paid in cash.
Le Merite Exports Limited (LMEL), is a vertically integrated textile manufacturer engaged in the production of cotton yarn and greige fabrics.
Operating under the Le Merite brand, the company exports cotton yarn and fabrics to nearly 37 countries, including Bangladesh, China, Turkey, Portugal, Egypt, South Korea, Iran, Italy, Vietnam, Thailand, Peru, the UAE and the US, supported by long-standing customer relationships, exclusive tie-ups and overseas agents.
LMEL generates annual export revenue of over Rs 400 crore US $41.94 million and has set a target of reaching Rs 1,000 crore US $104.85 million in export revenue within the next two years.
Bharat Tex Special Report 2026 
