Mihika Industries Limited has issued a clarification to BSE Limited regarding significant movement in its stock price, stating that the volatility is purely market-driven and not attributed to any material corporate developments. The company responded to BSE's inquiry letter dated April 8th, 2026, with a formal clarification on April 9th, 2026.

Company's Response to BSE Inquiry

The company addressed BSE's letter reference number L/SURV/ONL/PV/APJ/2026-27/3529 concerning the significant price movement in its scrip. Mihika Industries emphasized that it has no price-sensitive information or material information that could result in or has resulted in significant movement in the company's stock price.

Regulatory Compliance Statement

Mihika Industries confirmed its adherence to regulatory requirements under SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company stated that all necessary disclosures have been made within the stipulated time periods as per regulations, which may have a possible impact or cause fluctuation in the stock price.

The company specifically noted that there are currently no events, information, or announcements that need to be reported to the stock exchange. This statement reinforces the company's position that the recent price movement is not connected to any undisclosed corporate developments.

Market-Driven Volatility

In its clarification, Mihika Industries attributed the stock price volatility to natural market forces rather than company-specific factors. The response emphasized that the price movement on the stock exchange is purely natural and market-driven, suggesting that external market conditions rather than internal corporate developments influenced the stock's performance.

Corporate Information

The clarification was signed by Bipinbhai Prajapati, Managing Director with DIN: 11000222. The company maintains its registered office in Kolkata and corporate office in Ahmedabad, Gujarat. This formal response demonstrates the company's commitment to maintaining transparency with regulatory authorities and keeping stakeholders informed about factors affecting stock price movements.

Mihika Industries Limited has announced a change in the address for maintaining its books of accounts and papers, following a board meeting held on April 1, 2026. The decision reflects the company's administrative restructuring within Ahmedabad city limits, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The Board of Directors meeting took place at the company's corporate office located at B 1810 Navratna Corporate Park, Ashok Vatika, Ambli, Ahmedabad. The meeting commenced at 4:30 P.M. and concluded at 5:30 P.M. on April 1, 2026.

Address Change Approval

The board approved changing the address for maintaining books of accounts and papers from the current location to a new facility within the same city. This administrative change ensures continued compliance with regulatory requirements while optimizing operational efficiency.

Company Information

Mihika Industries Limited operates with CIN L70101WB1983PLC035638 and maintains its registered office at ASO-432 on the 4th Floor at Rajarhat IT Park Ltd, Plot No-2C/I, Action Area II C, Rajarhat, New Town, Kolkata – 700161. The company's corporate office remains at B-1810, Navratna Corporate Park, Ashok Vatika, Ambli, Ahmedabad, Gujarat-380 058.

Regulatory Compliance

The company has disclosed this change pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Bipinbhai Prajapati, holding DIN 11000222, digitally signed the disclosure document on April 1, 2026, at 17:31:20 +05'30'.

The notification has been submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, ensuring transparency and regulatory adherence. This administrative change maintains the company's commitment to proper record-keeping and regulatory compliance while facilitating operational requirements.