Letter to physical shareholders on stock split, demat-only credit and record date

Meenakshi (India) Ltd has written to shareholders holding shares in physical form about its stock split.

Mon 5 Oct 2026

Split Ratio

1 equity share of face value Rs. 10/- sub-divided into 2 equity shares of face value Rs. 5/- each

Record Date

Friday, October 30, 2026

Mode of Credit

Sub-divided shares will be issued, credited and maintained only in dematerialized form

Communication Date

communication sent by email/ordinary post on 3rd October, 2026 to shareholders holding equity shares in physical form

Registrar and Transfer Agent

Cameo Corporate Services Limited

Sub-heading: What the company has communicated

Meenakshi (India) Limited has sent a letter to those shareholders who hold its equity shares in physical form, informing them about how the sub-divided (split) shares will be given to them.

The split was approved by members at the Annual General Meeting held on Monday, September 28, 2026, following earlier disclosures dated August 31, 2026.

Sub-heading: The split ratio

• 1 existing equity share of face value of Rs. 10/- each fully paid-up is sub-divided into 2 equity shares of face value of Rs. 5/- each fully paid-up.
• The Record Date for determining shareholders entitled to receive the sub-divided shares is Friday, October 30, 2026.

Sub-heading: How physical shareholders will receive the split shares

• The sub-divided shares of face value of Rs. 5/- each will be issued, credited and maintained only in dematerialized form.
• These shares will be held in a separate Demat Suspense Account.
• The existing physical share certificate(s) will stand cancelled and rendered void.
• Shareholders will need to claim these dematerialized shares from the company or its Registrar and Transfer Agent, Cameo Corporate Services Limited, by submitting the requisite documents.
• Alternatively, shareholders are requested to contact their Depository Participant and convert their physical shareholding into dematerialized form before the Record Date, so the split shares can be credited directly to their demat account.

Sub-heading: KYC requirement flagged to physical holders

The letter also states that shareholders holding securities in physical form are required to mandatorily update their PAN, contact details, bank account details and specimen signature for their respective folios. The forms can be downloaded from the company's website.

Sub-heading: What this means in simple terms

A stock split does not change the value of a holding by itself; it changes the number of shares and the face value per share. Here, every one share held becomes two shares, and the face value per share halves from Rs. 10/- to Rs. 5/-.

The operational point for physical holders is that the new shares will not be handed over in paper form. They will sit in a Demat Suspense Account until claimed, or be credited directly to a demat account if the holding is dematerialized before the Record Date.

Sub-heading: Who should act

• Physical shareholders who want the split shares credited directly should demat their holding before Friday, October 30, 2026.
• Physical shareholders who do not demat in time will need to claim the shares in dematerialized mode from the company or its Registrar and Transfer Agent.
• Shareholders who have already dematerialized their holding can ignore this communication, as the letter itself states.

For queries, the company has given the contact details of Cameo Corporate Services Limited, Chennai.

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