New ISIN Number for MEERA INDUSTRIES LTD Following Stock Sub-Division (Scrip Code: 540519)

Description

BSE assigns new ISIN INE343X01026 to MEERA INDUSTRIES LTD following sub-division of equity shares from Rs.10/- to Rs.5/-, effective from ex-date March 06, 2026.

Summary

BSE has issued a new ISIN number for MEERA INDUSTRIES LTD (Scrip Code: 540519) in continuation of Exchange Notice No. 20260217-10 dated February 17, 2026. The new ISIN reflects a sub-division of the company’s equity shares from a face value of Rs.10/- per share to Rs.5/- per share. The new ISIN becomes effective for trades from the ex-date of March 06, 2026.

Key Points

• New ISIN assigned: INE343X01026 for MEERA INDUSTRIES LTD (Scrip Code: 540519)
• Previous notice reference: Exchange Notice No. 20260217-10 dated February 17, 2026
• Sub-division ratio: Equity shares sub-divided from face value Rs.10/- to Rs.5/- each
• DR reference: DR-834/2025-2026
• Effective from ex-date: March 06, 2026
• Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

A new ISIN (INE343X01026) replaces the old ISIN for MEERA INDUSTRIES LTD sub-divided equity shares. Trading members must update their systems to use the new ISIN for all trades on and from March 06, 2026.

Compliance Requirements

• Trading members must update their records and trading systems to reflect the new ISIN (INE343X01026) for MEERA INDUSTRIES LTD.
• All trades executed on or after the ex-date of March 06, 2026 must use the new ISIN.
• Depositories, custodians, and clearing members should ensure proper mapping of the new ISIN in their back-office systems prior to the ex-date.

Important Dates

• Notice Date: March 02, 2026
• Ex-Date (Effective Date): March 06, 2026 — new ISIN INE343X01026 applicable for all trades from this date
• Reference Notice: Exchange Notice No. 20260217-10 dated February 17, 2026

Impact Assessment

This is a routine corporate action update with moderate operational impact. Trading members, custodians, and depository participants holding or dealing in MEERA INDUSTRIES LTD shares must update the ISIN in their systems before the ex-date of March 06, 2026. Failure to update could cause settlement issues. The sub-division from Rs.10/- to Rs.5/- face value increases the number of shares in circulation, which may improve liquidity and affordability of the stock for retail investors.

Impact Justification

Operational update assigning a new ISIN following a stock sub-division; directly impacts trading members and holders of MEERA INDUSTRIES LTD shares but is a routine corporate action with a clear effective date.