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Company Profile

MEERA INDUSTRIES LTD.

NSE : NABSE : 540519ISIN CODE : INE343X01018Industry : Textile - MachineryHouse : Private
BSE42.70-0.59 (-1.36 % )
PREV CLOSE (Rs.) 43.29
OPEN PRICE (Rs.) 44.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 555
TODAY'S LOW / HIGH (Rs.)42.70 44.00
52 WK LOW / HIGH (Rs.) 34.98 59.8
NSE
This Company is not listed in NSE

Company News

Date Heading Details
12-Mar-2024 Meera Industries informs about notice of postal ballot <p style="text-align: justify;">Meera Industries has informed that Notice of Postal Ballot for Postal Ballot e-voting for the seeking approval of the Members to Alteration of the Object Clause of the Memorandum of Association of the Company, was given on 09th February, 2024. The said e-voting was commenced on Saturday, 10th February, 2024 (09:00 am) and ended on Sunday, 10th March, 2024 (05:00 pm). Pursuant to the Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, it has submitted Scrutinizer report for Postal ballot e-voting process which closed on Sunday, 10th March, 2024 (05:00 pm).</p><div style="text-align: justify;"><span style="text-align: left;">The above information is a part of company's filings submitted to BSE.&nbsp;</span></div><div><br></div><div><br></div><div><br></div><div><br></div>
06-Mar-2024 Meera Industries bags order worth Rs 2.70 crore <p style="text-align: justify;">Meera Industries has secured a new domestic order worth Rs 2.70 crore for a Fine Denier Polyester BCF Carpet Yarn Project from Panipat Rugs. The order includes MEERA's latest innovation, the Fine Denier Cabler, specifically designed for the carpet segment. This demonstrates MEERA's commitment to technological advancement and catering to the evolving needs of the industry.</p><p style="text-align: justify;">Meera Industries is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. All the machines are stringently tested at its in-house quality management unit to ensure the flawless performance of the machines.</p>
06-Mar-2024 Meera Industries informs about award of order <div>Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Meera Industries has informed that it has secured a new domestic order for a Fine Denier Polyester BCF Carpet Yarn Project.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
28-Feb-2024 Meera Industries trades higher on the BSE <p style="text-align: justify;">Meera Industries is currently trading at Rs.54.13, up by 1.97 points or 3.78% from its previous closing of Rs. 52.16 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 53.85 and has touched a high and low of Rs. 56.20 and Rs. 52.68 respectively. So far 56433 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 59.80 on 09-Feb-2024 and a 52 week low of Rs. 34.98 on 20-Dec-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 56.20 and Rs. 50.05 respectively. The current market cap of the company is Rs. 59.27 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 64.19%, while Non-Institutions held 35.81% in the company.&nbsp;&nbsp;</p><p style="text-align: justify;">Meera Industries has secured two significant export orders. These orders, totaling $204,800, showcase MEERA's commitment to international expansion and its ability to deliver innovative solutions that meet the diverse needs of its global clientele. Out of the total orders, order worth $85,800 bagged from Bonip Tekstil Sanayi Ve Ticaret A.S., Turkey and order worth $119,000 received from Siam Brothers Corporation, Thailand.&nbsp;</p><p style="text-align: justify;">These orders highlight MEERA's robust product portfolio and technical expertise in designing and manufacturing high-performance twisting machines. The Ring Twister and TPRS- Twister are specifically engineered to meet the specific requirements of the textile and fishing industries, respectively, ensuring optimal production efficiency and yarn quality.</p><p style="text-align: justify;">The company is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. All the machines are stringently tested at its in-house quality management unit to ensure the flawless performance of the machines.</p>
27-Feb-2024 Meera Industries secures two export orders <p style="text-align: justify;">Meera Industries has secured two significant export orders. These orders, totaling $204,800, showcase MEERA's commitment to international expansion and its ability to deliver innovative solutions that meet the diverse needs of its global clientele. Out of the total orders, order worth $85,800 bagged from Bonip Tekstil Sanayi Ve Ticaret A.S., Turkey and order worth $119,000 received from Siam Brothers Corporation, Thailand.&nbsp;</p><p style="text-align: justify;">These orders highlight MEERA's robust product portfolio and technical expertise in designing and manufacturing high-performance twisting machines. The Ring Twister and TPRS- Twister are specifically engineered to meet the specific requirements of the textile and fishing industries, respectively, ensuring optimal production efficiency and yarn quality.</p><p style="text-align: justify;">The company is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. All the machines are stringently tested at its in-house quality management unit to ensure the flawless performance of the machines.</p>
27-Feb-2024 Meera Industries gains on securing two export orders <p style="text-align: justify;">Meera Industries is currently trading at Rs. 52.00, up by 0.50 points or 0.97% from its previous closing of Rs. 51.50 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 50.26 and has touched a high and low of Rs. 54.50 and Rs. 50.18 respectively. So far 47347 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 59.80 on 09-Feb-2024 and a 52 week low of Rs. 34.98 on 20-Dec-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 54.50 and Rs. 50.05 respectively. The current market cap of the company is Rs. 55.70 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 64.19%, while Non-Institutions held 35.81% stake in the company.</p><p style="text-align: justify;">Meera Industries has secured two significant export orders. These orders, totaling $204,800, showcase MEERA's commitment to international expansion and its ability to deliver innovative solutions that meet the diverse needs of its global clientele. Out of the total orders, order worth $85,800 bagged from Bonip Tekstil Sanayi Ve Ticaret A.S., Turkey and order worth $119,000 received from Siam Brothers Corporation, Thailand.&nbsp;</p><p style="text-align: justify;">These orders highlight MEERA's robust product portfolio and technical expertise in designing and manufacturing high-performance twisting machines. The Ring Twister and TPRS- Twister are specifically engineered to meet the specific requirements of the textile and fishing industries, respectively, ensuring optimal production efficiency and yarn quality.</p><p style="text-align: justify;">The company is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. All the machines are stringently tested at its in-house quality management unit to ensure the flawless performance of the machines.</p><div style="text-align: justify;"><br></div>
12-Feb-2024 MEERA Industries bags orders worth $336,250 <p style="text-align: justify;">MEERA Industries has bagged two significant international orders totaling $336,250. The orders are for MEERA's highly acclaimed MEERABAH Machine and Heavy Duty Twister Machine and come from a renowned companies operating in the Technical Textiles industry. These recent wins further solidify MEERA's position as a global leader in innovative textile technology, showcasing its ability to capture demand from diverse markets.</p><p style="text-align: justify;">The company secured a $161,000 order for MEERABAH, a Bulking &amp; Heat Setting M/C for Carpet Yarn for Mada Carpet, a prominent manufacturer in Saudi Arabia. This tailored solution demonstrates MEERA's expertise in catering to specific production needs with cutting-edge technologies. Further, a $175,250 order for Heavy Duty Twister was placed by Slutsk Belts, a renowned manufacturer in Belarus. This deal highlights the growing global recognition of MEERA's high-performance twisting technology.</p><p style="text-align: justify;">The company is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. All the machines are stringently tested at its in-house quality management unit to ensure the flawless performance of the machines.</p><div style="text-align: justify;"><br></div>
12-Feb-2024 MEERA Industries zooms on bagging orders worth $336,250 <p style="text-align: justify;">Meera Industries is currently trading at Rs. 53.98, up by 2.79 points or 5.45% from its previous closing of Rs. 51.19 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 52.60 and has touched a high and low of Rs. 56.90 and Rs. 50.01 respectively. So far 64358 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 59.80 on 09-Feb-2024 and a 52 week low of Rs. 34.98 on 20-Dec-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 59.80 and Rs. 46.00 respectively. The current market cap of the company is Rs. 57.56 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 64.19%, while Non-Institutions held 35.81% stake in the company.</p><p style="text-align: justify;">MEERA Industries has bagged two significant international orders totaling $336,250. The orders are for MEERA's highly acclaimed MEERABAH Machine and Heavy Duty Twister Machine and come from a renowned companies operating in the Technical Textiles industry. These recent wins further solidify MEERA's position as a global leader in innovative textile technology, showcasing its ability to capture demand from diverse markets.</p><p style="text-align: justify;">The company secured a $161,000 order for MEERABAH, a Bulking &amp; Heat Setting M/C for Carpet Yarn for Mada Carpet, a prominent manufacturer in Saudi Arabia. This tailored solution demonstrates MEERA's expertise in catering to specific production needs with cutting-edge technologies. Further, a $175,250 order for Heavy Duty Twister was placed by Slutsk Belts, a renowned manufacturer in Belarus. This deal highlights the growing global recognition of MEERA's high-performance twisting technology.</p><p style="text-align: justify;">The company is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. All the machines are stringently tested at its in-house quality management unit to ensure the flawless performance of the machines.</p><div style="text-align: justify;"><br></div>
09-Feb-2024 Meera Industries informs about postal ballot notice <div>Meera Industries has informed that it enclosed a copy of the Postal Ballot Notice dated 07 February, 2024, seeking approval of the Members for Alteration of the Object Clause of the Memorandum of Association of the Company. The Postal Ballot Notice, together with Explanatory Statement, is being sent to the Members whose names appear on the Register of Members/list of Beneficial Owners received from the Registrar and Share Transfer Agent, National Securities Depository Limited (NSDL) and the Central Depository Services (India) (CDSL) as on 028th February, 2024. The Company has engaged the services of National Securities Depository Limited (NSDL) for facilitating an e-voting. E-voting will commence on Saturday, 10 February, 2024 (09:00 A.M.) and will end on Sunday, 10 March, 2024 (05:00 PM) (Both days inclusive). The voting will not be allowed beyond 5:00 pm (IST) on Sunday, 10th March, 2024 and the e-voting shall be disabled by NSDL thereafter. The results of postal ballot will be declared on or before Tuesday, 12th March, 2024.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
23-Sep-2023 Meera Industries informs about disclosure <div>Meera Industries has informed that it enclosed report in respect of Bijal Dharmeshbhai Desai, immediate relative of Devendra Somabhai Naik and Rekhaben Devendrabhai Naik, Promoter of Meera Industries, has acquired 6,48,000 Shares of Meera Industries from Devendra Somabhai Naik and Rekhaben Devendrabhai Naik, Promoter group of Meera Industries under an inter–se transfer by way of gift without any consideration. The Form as prescribed under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 of the Report in respect of Acquisition made, is attached.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>