Description

BSE notifies trading members of the new ISIN number INE343X01026 for Meera Industries Ltd following sub-division of equity shares from Rs.10/- to Rs.5/-, effective from ex-date 06-03-2026.

Summary

BSE has issued a notice 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. This is a continuation of Exchange Notice No. 20260217-10 dated February 17, 2026.

Key Points

  • New ISIN for Meera Industries Ltd (540519) is INE343X01026
  • Sub-division is from face value Rs.10/- per equity share to Rs.5/- per equity share
  • New ISIN is effective for all trades on and from the ex-date: 06-03-2026
  • DR reference: 834/2025-2026
  • This notice continues from Exchange Notice No. 20260217-10 dated February 17, 2026

Regulatory Changes

No new regulatory framework changes. This is an administrative update arising from a corporate action (stock sub-division) already approved under DR 834/2025-2026. The old ISIN ceases to be applicable for trades from the ex-date onwards.

Compliance Requirements

  • Trading members must update their systems to use the new ISIN INE343X01026 for all trades in Meera Industries Ltd equity shares on and from 06-03-2026.
  • Back-office and depository records should reflect the new ISIN post ex-date.

Important Dates

  • Notice Date: 02 March 2026
  • Ex-Date (new ISIN effective): 06 March 2026
  • Reference Notice: 20260217-10 dated 17 February 2026

Impact Assessment

Impact is limited to trading members and depository participants dealing in Meera Industries Ltd (BSE: 540519). Operationally, systems referencing the old ISIN must be updated before the ex-date of 06-03-2026. No broader market or regulatory impact is anticipated. The sub-division increases share affordability but does not change the company’s overall market capitalisation.

Impact Justification

Routine administrative notification of a new ISIN following a stock sub-division for a single scrip; affects only traders in Meera Industries Ltd and requires updating ISIN references from the ex-date.