BSECompany Update28 Jul 2026 · 28 Jul 2026, 12:23 pm

Press Release Pursuant to Reg 30 (LODR)

Meenakshi India Ltd · 544831

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Meenakshi India Ltd successfully lists on BSE Main Board, targets Rs. 500 crore revenue by 2030, plans to invest Rs. 40 crore in capacity expansion.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10

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Meenakshi India Ltd - 544831 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Date: 28th July, 2026 The Secretary The Secretary BSE Limited The Calcutta Stock Exchange Limited Phiroze Jeejeebhoy Towers, 7, Lyons Range Dalal Street Bandra, Kolkata – 700001 Mumbai- 400001 Scrip Code: 23128 Scrip Code: 544831 Sub: Submission of Press Release pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the enclosed Press Release issued by Meenakshi India Limited regarding the successful listing of the Company's Equity Shares on the Main Board of BSE. The aforesaid Press Release is enclosed herewith for your information and record. Kindly take the same on record. Thanking you. Yours faithfully, For MEENAKSHI (INDIA) LIMITED KANCHAN RATHI COMPANY SECRETARY & COMPLIANCE OFFICER Encl: As below Meenakshi India successfully lists on BSE; sets sights on Rs. 500 crore milestone in Revenues by 2030 Lists at Rs. 281.99 with 1.125 crore equity shares (Face value of Rs. 10 each) Chennai, July 22, 2026: Meenakshi India Limited (MIL) (BSE: 544831), a leading apparel manufacturer specialising in premium bottom wear and outerwear for global brands, today announced its listing on the Bombay Stock Exchange (BSE) Main Board, effective July 22, 2026, marking a significant milestone in the company’s growth journey. The company remains to be listed over The Calcutta Stock Exchange Limited. The company’s stock debuted at Rs. 281.99, with its 1.125 crore equity shares of face value Rs. 10 each, on offer. This milestone positions Meenakshi India Limited to accelerate its next phase of growth by expanding its manufacturing capabilities, expanding its presence across domestic and international presence, deepening customer partnerships and continuing to deliver sustainable long-term value for all stakeholders. Speaking on the occasion, Mr. Ashutosh Goenka, Chairman & Managing Director, Meenakshi India Limited, said, "Our listing on the BSE Main Board is an important milestone for Meenakshi India Limited and comes at a defining moment for the Indian textile and apparel industry. With global demand recovering and improved market access from recent and upcoming trade agreements, such as the India–UK FTA, already being operational, the signed and soon-to-be-operational India–EU FTA, and ongoing discussions around a bilateral trade agreement with US, premium Indian apparel manufacturers can expect stronger export demand and improved realisations, enhancing their global competitiveness. We believe the industry is entering a new phase of growth, and Meenakshi India is well-positioned to capitalise on this opportunity through its focus on quality, reliability and specialised manufacturing. Our planned investments in capacity expansion will enable us to meet growing global demand while continuing to build long-term value for our customers, shareholders and all stakeholders. Looking ahead, Meenakshi India Limited plans to invest approximately ₹40 crore towards expanding its manufacturing infrastructure, with the objective of increasing its annual production capacity from around 18 lakh garments to nearly 35 lakh garments by FY30. Backed by these investments and sustained operational excellence, the company targets revenue in the range of ₹450–500 crore by FY30. As it executes its growth strategy, Meenakshi India Limited will continue to reinforce its position as a preferred manufacturing partner for leading global brands by focusing on premium, value-added apparel solutions, underpinned by quality, innovation and specialised manufacturing capabilities. Mr. Shubhang Goenka, Whole-Time Director, Meenakshi India Limited, added, “Becoming a BSE Main Board-listed company reflects the evolution of Meenakshi India into a stronger and more mature organisation. It enhances our visibility in the capital markets while reinforcing our commitment to the highest standards of governance, transparency and disciplined execution. As we move forward, we will remain focused on delivering consistent operational performance, strengthening customer relationships and maintaining the highest standards expected of a listed company.” The BSE Main Board listing marks another defining chapter in Meenakshi India Limited's four- decade journey as the company continues to strengthen its position as a trusted manufacturing partner for leading global apparel brands. About Meenakshi India Limited Established in 1982, Meenakshi India Limited is a leading apparel manufacturing company based in Tamil Nadu. The Company provides end-to-end garment manufacturing solutions and specialises in premium bottom wear and outerwear for international brands. With over four decades of industry experience, MIL combines manufacturing excellence, product innovation and sustainable practices to deliver high-quality apparel solutions to customers worldwide. For more information, visit: https://www.milgroup.in/ For Media Queries Aryan Ankur 8986433442 aryan@fortunapr.com For IR Queries Rajshree Ganguly 98338 07235 rajshree@fortunapr.com