Meenakshi (India) Ltd lists 1.12cr shares on BSE
Meenakshi (India) Limited successfully listed 1,12,50,000 equity shares on the BSE Main Board effective July 22, 2026, under the 'T' Group of Securities. The shares, with a face value of INR 10 each, are now available for trading exclusively in dematerialized form.
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Meenakshi (India) Limited has commenced trading on the BSE Main Board following the approval for a direct listing of its equity shares. The shares were admitted to dealings effective July 22, 2026, allowing investors to trade the stock on the exchange. This development marks the company's entry into the public market, providing liquidity to its shareholders and establishing a market valuation for the apparel manufacturer and exporter.
The listing approval was granted by BSE Limited under Notice No. 20260721-14 dated July 21, 2026, and reference letter no. LO\DL\PJ\TP\158\2026-27. The company's equity shares have been categorized under the 'T' Group of Securities on the exchange. Trading Members of the Exchange are now permitted to conduct business in these equity shares, which will be traded exclusively in dematerialized form as per SEBI guidelines dated February 16, 2000.
Key Listing Details
The specific parameters of the listing have been formalized by the exchange, detailing the scope and structure of the securities now available for public trading.
| Parameter | Details |
|---|---|
| Stock Exchange | BSE Limited |
| Scrip Code | 544831 |
| Type of Listing | Main Board - Direct Listing |
| Effective Date of Listing | July 22, 2026 |
| Number of Shares Listed | 1,12,50,000 Equity Shares |
| Face Value | INR 10 per equity share |
| ISIN | INE208H01016 |
| Market Lot | 1 (One) Share |
Operational and Compliance Information
BSE Limited has instructed Meenakshi (India) Limited to quote the relevant code numbers allotted to its securities in all future correspondence regarding matters such as record dates, dividends, and corporate actions. The exchange has also facilitated access to the Listing Centre portal for corporate compliance submissions and filings. Login credentials for this portal will be shared with the company's Compliance Officer.
The company has informed the exchange that share certificates in physical form have been enfaced with non-transferability. For shares held in dematerialized form, the necessary corporate action has been executed to mark the lock-in period in the depository's records. All listed shares rank pari-passu, including dividend entitlement. M/s. Cameo Corporate Services Limited has been appointed as the Registrar to the issue.
How will the direct listing impact Meenakshi (India) Limited's ability to raise capital for future expansion?
What is the expected market valuation of the company post-listing, and how might it influence investor sentiment?
Will the company announce any strategic initiatives or partnerships following its entry into the public market?
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