Meera Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/01/2026 ,inter alia, to consider and approve To consider the proposal for ....
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Meera Industries Ltd has informed BSE that its Board of Directors will meet on January 2, 2026, at 11:00 AM. The main agenda is to consider a proposal for sub-division or split of the existing equity shares from the current face value of Rs. 10 each, subject to shareholder and regulatory approvals. The Board will also consider amending the Capital Clause of the Memorandum of Association to reflect this change. The exact split ratio has not yet been disclosed and will be decided at the meeting. No other major corporate action like dividend, bonus, or buyback has been mentioned in this intimation.
If approved, a stock split will reduce the face value per share and increase the number of outstanding shares, typically making the stock more affordable and improving liquidity. The actual split ratio and approval details will be known after the January 2, 2026 board meeting.