Description

BSE notifies trading members of the new ISIN INE343X01026 assigned to Meera Industries Ltd following sub-division of equity shares from Rs.10/- to Rs.5/-, effective from ex-date March 6, 2026.

Summary

BSE has issued Notice No. 20260302-30 (in continuation of Notice No. 20260217-10 dated February 17, 2026) informing trading members of the new ISIN number assigned to Meera Industries Ltd (Scrip Code: 540519) following the sub-division of its equity shares from a face value of Rs.10/- per share to Rs.5/- per share. The new ISIN INE343X01026 will be effective for all trades from the ex-date of March 6, 2026.

Key Points

  • Company: MEERA INDUSTRIES LTD (Scrip Code: 540519)
  • New ISIN Number: INE343X01026
  • Corporate Action: Sub-division (stock split) of equity shares from Rs.10/- to Rs.5/- face value
  • DR Reference: DR-834/2025-2026
  • This notice is a continuation of Exchange Notice No. 20260217-10 dated February 17, 2026
  • Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

The existing ISIN for Meera Industries Ltd equity shares is being replaced with the new ISIN INE343X01026 to reflect the sub-divided share structure. Trading members must update their systems to use the new ISIN for all transactions in this scrip from the ex-date onwards.

Compliance Requirements

  • Trading members must ensure that all trades in Meera Industries Ltd equity shares on and after March 6, 2026 reference the new ISIN: INE343X01026
  • Back-office and settlement systems should be updated to reflect the new ISIN prior to the ex-date
  • Members should cease using any prior ISIN for this scrip for trades executed from the ex-date

Important Dates

  • Notice Date: March 2, 2026
  • Ex-Date (Effective Date for New ISIN): March 6, 2026
  • Reference Notice: No. 20260217-10 dated February 17, 2026

Impact Assessment

This is a standard administrative update tied to a corporate action (stock split). The sub-division doubles the number of shares outstanding while halving the face value, requiring a new ISIN. Trading members and depository participants dealing in Meera Industries Ltd (540519) must update their trading and settlement systems with the new ISIN INE343X01026 before the ex-date of March 6, 2026 to avoid settlement failures or mismatches. The impact is limited to this single scrip and is a routine operational change.

Impact Justification

Routine corporate action notice affecting trading members dealing in Meera Industries Ltd shares; requires use of new ISIN from ex-date, impacting order placement and settlement processes for this specific scrip.