Meera Industries Promoter Bijal Desai Boosts Stake with 7,189 Share Purchase

1 min read     Updated on 17 Sept 2025, 10:30 AM
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Jubin VergheseScanX News Team
Overview

Mrs. Bijal Dharmeshkumar Desai, a Promoter and Whole-time Director of Meera Industries Limited, acquired 7,189 equity shares on September 15, 2025. This increased her personal shareholding from 29.06% to 29.12%, and the combined promoter group holding from 60.80% to 60.86%. The transaction was disclosed to the BSE on September 17, 2025, in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Meera Industries Limited, a company listed on the BSE, has reported a significant insider transaction involving one of its key promoters. Mrs. Bijal Dharmeshkumar Desai, a Promoter and Whole-time Director of the company, has increased her stake through a market purchase of 7,189 equity shares.

Transaction Details

The transaction, which took place on September 15, 2025, has resulted in a marginal increase in Mrs. Desai's shareholding in the company. Following the acquisition:

  • Mrs. Desai's personal shareholding increased from 31,02,811 shares (29.06%) to 31,10,000 shares (29.12%).
  • The combined holding of Mrs. Desai and her persons acting in concert (PAC) rose from 60.80% to 60.86% of the company's total voting capital.

Persons Acting in Concert

The persons acting in concert with Mrs. Bijal Dharmeshkumar Desai include:

  1. Mr. Dharmeshkumar Vinodkumar Desai
  2. Ms. Kenny Dharmeshkumar Desai
  3. Mr. Het Dharmeshkumar Desai

Shareholding Structure

Post-acquisition, the shareholding structure of the promoter group is as follows:

Shareholder Number of Shares Percentage Holding
Mrs. Bijal Dharmeshkumar Desai 31,10,000 29.12%
Mr. Dharmeshkumar Vinodkumar Desai 23,90,000 22.38%
Ms. Kenny Dharmeshkumar Desai 5,00,000 4.68%
Mr. Het Dharmeshkumar Desai 5,00,000 4.68%
Total Promoter Holding 65,00,000 60.86%

Company Overview

Meera Industries Limited has a total of 1,06,78,796 equity shares, each with a face value of Rs. 10. The company is listed on the BSE Limited with the ISIN INE343X01018.

Regulatory Compliance

In compliance with regulatory requirements, the company has made the necessary disclosures under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosure was submitted to the BSE on September 17, 2025, by Mrs. Bhavisha Kunal Chauhan, the Company Secretary & Compliance Officer of Meera Industries Limited.

This insider transaction demonstrates continued confidence in the company by its promoter group. Investors and market analysts often view such purchases as a positive signal, potentially indicating the management's belief in the company's future prospects.

Historical Stock Returns for Meera Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.13%+5.99%+6.28%+7.74%-7.48%+69.33%
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MEERA Industries Secures USD 135,000 in Repeat Export Orders, Expanding Footprint in Indonesia and South Africa

1 min read     Updated on 19 Aug 2025, 03:53 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Meera Industries Limited has received repeat export orders worth $135,000 from existing customers in Indonesia and South Africa. The orders include a $51,000 TPRS Twister for TERAS ADHI KARISMA PT in Indonesia and an $84,000 Spun Twister for YARNTEX (PTY) LTD in South Africa. Both orders are for industrial thread applications and are set for completion in Q3 of FY 2025-26. The company's TPRS and Spun Twister technologies are highlighted for their efficiency and quality. These orders reflect Meera's growing presence in ASEAN and African markets, particularly in specialty textile segments.

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*this image is generated using AI for illustrative purposes only.

Meera Industries Limited, a leading manufacturer of twisting and heat-setting machines for technical textiles, has announced securing repeat export orders worth USD 135,000 from existing customers in Indonesia and South Africa. The orders, placed on August 18, 2025, showcase the company's growing presence in the ASEAN and African markets, particularly in the industrial thread and bag-closing thread segments.

Order Details

The company has received two significant orders:

  1. A USD 51,000 order from TERAS ADHI KARISMA PT in Indonesia for TPRS Twister with Precision Take-up, designed for bag-closing and industrial thread applications.
  2. An USD 84,000 order from YARNTEX (PTY) LTD in South Africa for Spun Twister Heavy-Duty Tape-Drive Spindle, intended for industrial thread applications.

Both orders are scheduled for completion in the third quarter of the financial year 2025-26.

Technology Highlights

Meera Industries specializes in two key technologies:

  1. TPRS (Twisting Plying and Reverse Twisting in One Step): This patented technology streamlines three traditional manufacturing steps into a single process, resulting in significant capital and operational cost savings while producing high-quality, knotless packages for various industrial yarn applications.

  2. Spun Twister Technology: Meera's Spun Twisters are heavy-duty machines designed for optimal productivity and energy efficiency, delivering superior yarn quality for a wide range of woven, knitted, and sewing threads.

Strategic Implications

The repeat nature of these orders underscores customer satisfaction with Meera's process reliability, consistent yarn quality, and lifecycle return on investment. Bhavisha Kunal Chauhan, Company Secretary & Compliance Officer of Meera Industries Limited, stated that these orders reflect the company's increasing penetration into high-precision, specialty textile segments, including aerospace, healthcare, and premium cotton markets.

Future Outlook

Meera Industries aims to leverage this momentum to:

  • Deepen its presence in key global markets
  • Intensify R&D efforts
  • Expand post-sales support infrastructure, especially in North America

The company remains focused on disciplined execution, after-sales support, and selective expansion across ASEAN and Africa. Meera's product roadmap continues to emphasize precision engineering and throughput reliability, capabilities highly valued by manufacturers scaling industrial thread operations.

As Meera Industries continues to strengthen its position in the technical textiles market, these repeat orders serve as a testament to the company's commitment to quality, innovation, and customer satisfaction.

Historical Stock Returns for Meera Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.13%+5.99%+6.28%+7.74%-7.48%+69.33%
Meera Industries
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