Mihika Industries Limited Submits Quarterly Compliance Certificate for Q4FY26

1 min read     Updated on 11 Apr 2026, 06:26 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Mihika Industries Limited submitted its Q4FY26 compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The certificate from RTA ABS Consultant Private Limited confirms proper dematerialization procedures, timely reporting to depositories and stock exchanges, and adherence to regulatory requirements for securities handling.

powered bylight_fuzz_icon
37457787

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

Mihika Industries Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company submitted the mandatory certificate under Regulation 74(5) of SEBI regulations on April 11, 2026. The certificate was issued by ABS Consultant Private Limited, which serves as the company's Registrar and Share Transfer Agent (RTA).

Parameter: Details
Quarter Ended: March 31, 2026
Submission Date: April 11, 2026
RTA: ABS Consultant Private Limited
BSE Security Code: 538895
Security ID: MIHIKA

Certificate Confirmation Details

ABS Consultant Private Limited, authorized as a SEBI Category-1 Registrar and Share Transfer Agent with NSDL and CDSL connectivity, confirmed several key compliance aspects in their certificate dated April 1, 2026:

  • Details of securities dematerialized during the quarter were furnished to depositories and all stock exchanges where company shares are listed
  • Securities received for dematerialization were mutilated and cancelled within stipulated time after due verification
  • The depository name was substituted in records as the registered owner
  • Dematerialized security certificates are listed on stock exchanges where earlier issue securities were listed

Corporate Information

The submission was signed by Bipinbhai Prajapati, Managing Director (DIN: 11000222), on behalf of Mihika Industries Limited. The company maintains its registered office in Kolkata and corporate office in Ahmedabad, Gujarat.

Regulatory Framework

This quarterly submission is part of the ongoing compliance requirements under SEBI regulations, ensuring transparency and proper handling of dematerialized securities. The certificate validates that the company and its RTA have maintained proper procedures for securities dematerialization during the specified quarter.

Historical Stock Returns for Mihika Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%+18.44%+31.70%-17.43%-38.46%-35.76%

What impact could any potential changes in SEBI's dematerialization regulations have on Mihika Industries' compliance costs and operational procedures?

How might Mihika Industries' quarterly trading volumes and investor interest be affected by their consistent regulatory compliance track record?

Will Mihika Industries consider switching to a different Registrar and Share Transfer Agent if ABS Consultant's service fees increase significantly?

Mihika Industries Clarifies Stock Price Movement to BSE, Cites Natural Market Forces

1 min read     Updated on 10 Apr 2026, 02:18 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Mihika Industries Limited responded to BSE's inquiry about significant stock price movement on April 8th, 2026, clarifying that no material or price-sensitive information caused the volatility. The company confirmed compliance with SEBI disclosure regulations and attributed the price movement to natural market forces rather than corporate developments.

powered bylight_fuzz_icon
37313307

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

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.

Parameter: Details
BSE Letter Date: April 8th, 2026
Company Response Date: April 9th, 2026
Security Code: 538895
Reference Number: L/SURV/ONL/PV/APJ/2026-27/3529

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.

Historical Stock Returns for Mihika Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%+18.44%+31.70%-17.43%-38.46%-35.76%

What external market factors or sector trends might be driving the unexplained volatility in Mihika Industries' stock price?

Will BSE implement additional surveillance measures or monitoring protocols for Mihika Industries following this price movement inquiry?

How might this market-driven volatility impact Mihika Industries' ability to raise capital or pursue strategic initiatives in the coming quarters?

More News on Mihika Industries

1 Year Returns:-38.46%