Latest news about Mihika Industries
Mihika Industries
10.49
+0.15(+1.45%)
Company Performance:
View Company Insights1D+1.45%
1M-27.46%
6M-13.73%
1Y-45.45%
5Y-48.83%
More news about Mihika Industries
17Jul 26
Mihika Industries approves ₹90 crore rights issue, appoints new directors
Mihika Industries approved raising ₹90 crore via a rights issue and increased authorized capital to ₹100 crore. The board appointed three new independent directors and accepted resignations from two others. Key committees were reconstituted with Mr. Sudhanshu Shekhar as Chairperson.
14Jul 26
Mihika Industries board to consider fund raise on July 17
Mihika Industries Limited will hold a board meeting on July 17, 2026, to consider increasing its authorized share capital and raising funds through various modes including rights issue and QIP. The board will also discuss the date and venue for the Annual General Meeting.
23Jun 26
Mihika Industries appoints internal auditor for FY 2026-27
Mihika Industries appointed M/s. Sarang Shivajirao Chavan and Associates as its internal auditor for FY 2026-27, effective June 23, 2026, to strengthen internal controls and ensure regulatory compliance.
28May 26
Mihika Industries reports FY26 profit, auditor flags compliance gaps
Mihika Industries reported a net profit of ₹8.62 lakh for FY26, up from ₹5.46 lakh in the previous year, despite a sharp decline in revenue to ₹267.64 lakh. The statutory auditor issued an unmodified opinion but flagged significant compliance gaps, including the failure to appoint an internal auditor for FY26 and missing documentation for trade receivables, payables, and loans. For the quarter ended March 31, 2026, the company posted a net profit of ₹1.45 lakh, recovering from a loss of ₹73.09 lakh in the same period last year.
11Apr 26
Mihika Industries Limited Submits Quarterly Compliance Certificate for Q4FY26
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.
10Apr 26
Mihika Industries Clarifies Stock Price Movement to BSE, Cites Natural Market Forces
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.
02Apr 26
Mihika Industries Board Approves Address Change for Books of Accounts Maintenance
Mihika Industries Limited announced a board-approved change in the address for maintaining books of accounts from B 1810 Navratna Corporate Park to F-607, Titanium City Centre in Ahmedabad, effective April 1, 2026. The decision was made during a board meeting held at the corporate office, with Managing Director Bipinbhai Prajapati signing the regulatory disclosure under SEBI Regulation 30.
11Mar 26
Mihika Industries Director Aakash Shah Resigns Citing Personal Reasons
Mihika Industries Limited has announced the resignation of Mr. Aakash Shah from his position as Non-Executive Non-Independent Director, effective March 11, 2026. The resignation was filed with BSE Limited under SEBI regulations, with Shah citing personal reasons and inability to devote adequate time to company affairs as the primary factors for his departure.
14Feb 26
Mihika Industries Reports 93% Drop in Q3FY26 Net Profit to ₹1.42 Lakhs
Mihika Industries Limited announced challenging Q3FY26 results with net profit falling 93% to ₹1.42 lakhs from ₹21.15 lakhs in Q3FY25, while revenue from operations declined 59.5% to ₹22.14 lakhs. The Board of Directors approved these unaudited financial results on February 13, 2026, following limited review by statutory auditors S K Bhavsar & Co.
04Feb 26
Mihika Industries Limited Appoints Ms. Umang Agrawal as Company Secretary and Compliance Officer
Mihika Industries Limited has appointed Ms. Umang Agrawal (Membership No: A51393) as Company Secretary and Compliance Officer effective February 4th, 2026. The Board of Directors approved the appointment during their meeting held at the corporate office in Ahmedabad. Ms. Agrawal brings extensive experience in corporate law compliances, statutory documentation, ROC filings, and regulatory affairs, strengthening the company's compliance framework and corporate governance structure.
02Feb 26
Mihika Industries Limited Announces Major Board Restructuring with New Director Appointments and Resignations
Mihika Industries Limited completed a major board restructuring on February 2, 2026, appointing four new key personnel including Mr. Saurabh and Ms. Reema Magotra as Independent Directors, Mr. Yagnik Prajapati as Non-Executive Director, and Mr. Bipinbhai Prajapati as CFO. The company simultaneously accepted resignations from Ms. Sweta Panchal and Mr. Parth Rupareliya from their respective director and CFO positions due to personal reasons. The changes led to complete reconstitution of all three board committees with Mr. Saurabh serving as chairperson across Audit, Stakeholders Relationship, and Nomination and Remuneration Committees.
18Oct 25
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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