Meera Industries Limited has secured a domestic order worth ₹7.95 crore from DNB Textiles Pvt. Ltd. for a high-speed BSY yarn twisting and cop winding line. The order supports DNB Textiles' large-scale capacity expansion in Surat and underscores confidence in Meera's technology leadership and execution capability.

The machines are designed for BSY filament twisted yarn production used in fabrics and industrial applications, utilizing materials such as polyester, viscose, cotton, and blended yarns. Meera's solution leverages its Two-For-One (TFO) twisting expertise to address modern manufacturing requirements for productivity, package quality, and energy efficiency.

The project is scheduled to be completed in the second quarter of FY27. Surat remains a key textile manufacturing cluster, and this expansion reflects continued confidence in the sector's fundamentals. The order validates Meera's engineering capability in high-speed twisting solutions and its ability to deliver consistent output quality for fabric manufacturing.

The Indian textile ecosystem is expected to benefit from improving export market access driven by trade agreements such as the India–UAE CEPA, Australia–India ECTA, and India–EFTA TEPA. These developments support a constructive medium-term outlook for export-oriented textile manufacturing.

Order Details

The company disclosed the order details in compliance with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015. The promoter group and group companies do not hold any interest in the entity awarding the order, and the transaction does not fall within related party transactions.

Meera Industries Limited has appointed M/s. M R Bombaywala & Co. as its statutory auditors for a five-year term, subject to shareholder approval. The Board of Directors approved the recommendation during its meeting held on June 26, 2026. The appointment is proposed for the period commencing from the financial year 2026-27 and ending with the financial year 2030-31.

The decision follows the advice of the Audit Committee. M/s. M R Bombaywala & Co., holding ICAI Firm Registration No. 123117W, will undertake the statutory audit and limited review starting from the quarter ending September 30, 2026. The existing statutory auditors will conduct the limited review for the quarter ending June 30, 2026.

Additionally, the Board approved the appointment of M/s. Christie & Co. as the internal auditor for the financial year 2026-27. This firm, with ICAI Firm Registration No. 101939W, will conduct the internal audit including the report for the quarter ending June 30, 2026.

Auditor Details

The table below outlines the key details regarding the appointments:

M/s. M R Bombaywala & Co. was established in 1988 and provides audit, taxation, financial, and consultancy services. M/s. Christie & Co., established on October 16, 1983, also offers audit, taxation, and consultancy services. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.