Le Merite Exports Limited has unveiled a refreshed leadership line-up as part of its board meeting on September 8, 2026, signaling continued emphasis on continuity at the helm. The board approved the re-appointment of senior executives and independent directors for five-year terms, all subject to the members’ consent at the forthcoming Annual General Meeting. Notably, two Managing Directors will anchor the top tier of the business: Abhishek Lath as Managing Director and Chief Financial Officer for a five-year term from October 31, 2026 to October 30, 2031, and Umashankar Lath as Managing Director and Chairman for the same period. Sweta Lath was re-appointed as Executive Director for five years starting October 31, 2026. The slate also includes the re-appointment of two Non-Executive Independent Directors—Jaydeep Purujit Mehta and Narendra Kumar Srivastava—for a second five-year term beginning December 17, 2026, subject to shareholder approval at the AGM. In parallel, Narendra Kumar Sharma was appointed Internal Auditor for the 2026-27 financial year to bolster internal controls.
In a parallel thread of governance, the board disclosed inter-family relationships among the executive leadership, underscoring their familial ties: Abhishek Lath is the son of Umashankar Lath and the spouse of Sweta Lath, while Umashankar Lath is the father of Abhishek and father-in-law of Sweta. Sweta Lath, as an Executive Director, will work alongside the two Managing Directors to steer strategy, operations and people development as the company pursues growth. The appointments are designed to bring stability and an integrated leadership approach as the company eyes expansion and enhanced product reach.
On the independent-director front, Jaydeep Purujit Mehta—a lawyer with expertise in corporate, securities and insolvency law—and Narendra Kumar Srivastava, a veteran banker with a broad background in credit, finance, and administration, have been re-appointed for a second term. Both appointments carry a mandate for strengthened governance and independent oversight as Le Merite Exports navigates its next phase. The company also formalized Narendra Kumar Sharma’s appointment as Internal Auditor for the 2026-27 year, reflecting a structured focus on risk management and regulatory compliance.
The leadership reshuffle, while assertive in its continuity, remains contingent on member approvals at the AGM, underscoring a governance approach that seeks to balance steady stewardship with accountability as Le Merite Exports charts its growth trajectory.