Meenakshi (India) (544831) — Board Meeting

📢 Key Event
Board approves 1:2 stock split and independent director appointment

🔄 What Changed
Share face value halved from ₹10 to ₹5; new independent director appointed for five-year term

🔮 What's Next
AGM scheduled for 28 September 2026 to ratify matters and include special business items

💡 Investor Takeaway
The stock split aims to improve liquidity and investor access while the new director strengthens governance expertise.

Meenakshi (India) Ltd announced on 31 August 2026 that its board approved a 1:2 stock split of equity shares with face value reduced from ₹10 to ₹5, subject to shareholder approval at the upcoming AGM, and appointed K. N. Mahesh Kumar as an independent director for a five-year term starting 28 September 2026, with the AGM scheduled for 28 September 2026 to include special business items.

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About Meenakshi (India) Ltd (544831)

Textiles · Textiles · Listed on BSE

Market Cap: ₹444.26 Cr P/E: 26.4 ROE: 28.5% ROCE: 33.2%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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