Mihika industries Limited has announced a key leadership appointment, naming Ms. Umang Agrawal as the company's new Company Secretary and Compliance Officer. The appointment was formally approved by the Board of Directors and takes effect immediately from February 4th, 2026.

Board Meeting Details

The Board of Directors convened on February 4th, 2026, at the company's corporate office located at B-1810, Navratna Corporate Park, Ashok Vatika, Ambli, Ahmedabad, Gujarat. The meeting commenced at 4:00 P.M. and concluded at 5:15 P.M., during which the appointment was considered and approved.

Appointee Profile and Qualifications

Ms. Agrawal brings substantial expertise to her new role as a detail-oriented Company Secretarial professional. Her experience encompasses:

• Extensive knowledge of corporate law compliances under the Companies Act, 2013 and LLP Act, 2008
• Expertise in preparation of statutory documents and drafting agreements
• Proficiency in handling incorporations, closures, and share transactions
• Experience in charge management and ROC filings
• Skilled in managing Board meetings, AGMs, and EGMs
• Background in due diligence and audit support

Professional Capabilities

The newly appointed Company Secretary demonstrates proven ability to work in highly regulated, deadline-driven environments while maintaining strong client relationships. Ms. Agrawal is proficient in MS Word and Excel, with a strong focus on accuracy and regulatory compliance.

Regulatory Compliance

The appointment has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required details as per SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD2/CIR/P/2024/185 dated December 31, 2024.

The appointment strengthens Mihika Industries Limited's compliance framework and corporate governance structure, ensuring continued adherence to regulatory requirements and best practices in corporate secretarial functions.

Mihika Industries Limited has announced a significant board restructuring following its board meeting held on February 2, 2026, at the company's corporate office in Ahmedabad. The meeting, which commenced at 5:00 P.M. and concluded at 6:50 P.M., resulted in multiple key appointments and resignations that will reshape the company's leadership structure.

New Appointments Strengthen Board Composition

The board approved four strategic appointments effective February 2, 2026, bringing fresh expertise to the organization:

Mr. Saurabh brings extensive finance and accounting expertise with strong analytical and decision-making capabilities across diverse industries. Ms. Reema Magotra contributes her background as an accomplished education professional with leadership experience in organizational development. Mr. Yagnik Prajapati, a B.Com graduate, offers five years of hands-on experience in the agriculture sector with strong business operations exposure.

Leadership Transitions and Resignations

The board simultaneously accepted three resignations, all effective February 2, 2026, with departing members citing personal reasons:

Ms. Sweta Panchal, who served as an independent director, also holds directorship positions in MPF Systems Limited, Veronica Production Limited, and Kenrik Industries Limited. The company confirmed that all resigning members provided written confirmation that no material reasons exist for their departure beyond those stated in their resignation letters.

Committee Reconstitution Ensures Governance Continuity

The board changes necessitated complete reconstitution of all three statutory committees effective February 2, 2026. Mr. Saurabh has been appointed as chairperson across all committees, ensuring unified leadership:

Audit Committee:

• Mr. Saurabh (Chairperson) - Non-Executive Independent Director
• Mr. Bipinbhai Prajapati (Member) - Executive Director
• Ms. Reema Magotra (Member) - Non-Executive Independent Director

Stakeholders Relationship Committee and Nomination and Remuneration Committee:

• Mr. Saurabh (Chairperson) - Non-Executive Independent Director
• Mr. Yagnik Prajapati (Member) - Non-Executive Director
• Ms. Reema Magotra (Member) - Non-Executive Independent Director

CFO Transition Maintains Financial Leadership

The appointment of Mr. Bipinbhai Prajapati as Chief Financial Officer ensures continuity in financial leadership following Mr. Parth Rupareliya's departure. Mr. Bipinbhai Prajapati brings over three years of experience in administrative work and marketing of various commodity products, positioning him to support the company's financial operations and strategic initiatives.

The comprehensive board restructuring reflects Mihika Industries Limited's commitment to maintaining strong governance standards while bringing diverse expertise to guide the company's future direction. All appointments and resignations have been communicated to BSE Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.