Mihika Industries Announces Leadership Reshuffle: New Managing Director Appointed
Mihika Industries Limited (BSE: 538895) has approved significant leadership changes effective October 18, 2025. Mr. Aakash Prakash Shah will transition from Managing Director to Non-Executive and Non-Independent Director. Mr. Bipinbhai Becharbhai Prajapati will take over as the new Managing Director. Mr. Shah has 16 years of experience, while Mr. Prajapati brings 3 years of experience in administrative work and marketing of commodity products. The changes were approved during a board meeting held at the company's Ahmedabad office.
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Mihika Industries Limited , a company listed on the Bombay Stock Exchange (BSE: 538895), has announced significant changes to its leadership structure, effective October 18, 2025. The company's board of directors approved these changes during a meeting held at its corporate office in Ahmedabad.
Key Leadership Changes
| Position | Outgoing | Incoming |
|---|---|---|
| Managing Director | Mr. Aakash Prakash Shah | Mr. Bipinbhai Becharbhai Prajapati |
| Non-Executive and Non-Independent Director | - | Mr. Aakash Prakash Shah |
Transition Details
Mr. Aakash Prakash Shah, who has been serving as the Managing Director, will transition to the role of Non-Executive and Non-Independent Director. Mr. Shah brings approximately 16 years of experience in administrative work and marketing of commodity products to his new position.
Taking over as the new Managing Director is Mr. Bipinbhai Becharbhai Prajapati. Mr. Prajapati comes with more than 3 years of experience in the same field, specializing in administrative work and marketing of various commodity products.
Additional Information
- The board meeting commenced at 3:30 PM and concluded at 4:00 PM.
- Both Mr. Shah and Mr. Prajapati are not related to any other directors of the company.
- These changes have been made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Mihika Industries Limited has submitted the required details to the BSE Limited as per regulatory guidelines. The company's registered office is located in Kolkata, while its corporate office is situated in Ahmedabad, Gujarat.
Historical Stock Returns for Mihika Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.38% | -1.50% | +1.09% | -36.72% | -37.70% | -23.17% |
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