Mihika Industries Ltd

Book closure details

• Book closure: 25 August 2026 to 1 September 2026, inclusive.
• Purpose: For Annual General Meeting and e-voting for the 43rd AGM.
• Cut-off date: August 2026 (for determining voting entitlement).
• Security: Equity shares, MIHIKA, Scrip code 538895.

AGM details

• AGM to be held on 1 September 2026 at 03:00 PM IST via VC/OAVM.
• Record date: 7 August 2026; Register/transfer closure: 25 August to 1 September 2026.

Key resolutions

• Item 1 (Ord): Adopt Audited Financial Statements for FY 2025-26.
• Item 2 (Ord): Re-appoint Bipinbhai Prajapati as Director by rotation.
• Item 3 (Ord): Appoint Kapil Kumar Aggarwal & Associates as Statutory Auditor 2026–2031.
• Item 4 (Ord): Increase authorised share capital and alter MOA.
• Item 5 (Ord): Appoint Bipinbhai Prajapati as Managing Director for five years; remuneration up to Rs 1 lakh/month.
• Items 6–9 (Special): Appoint new Non-Executive/Independent Directors for five-year terms.
• Item 10 (Ord): Appoint Jay Pandya & Associates as Secretarial Auditor for five years.
• Item 11 (Special): Change registered office to Gujarat and amend Clause II MOA.
• Item 12 (Ord): Appoint Kapil Kumar Aggarwal & Associates as Statutory Auditor for casual vacancy.
• Item 13 (Ord): Approve related party transactions with Veggie Fest Foods up to Rs 50 crore.

Voting results

• Voting results not provided in the filing.

Dividend

• Dividend: no dividend proposed for FY 2025-26.

Director changes

• Nilam Makwana resigned as Independent Director on 6 Jun 2025.
• Aakash Shah redesignated from MD to Non-Executive Director on 18 Oct 2025.
• Bipinbhai Prajapati appointed MD on 18 Oct 2025.
• Parth Rupareliya resigned as Executive Director and CFO on 2 Feb 2026.
• Yagnik Prajapati appointed Additional Non-Executive Director on 2 Feb 2026.
• Reema Magotra appointed Additional Independent Director on 2 Feb 2026; resigned 17 Jul 2026.
• Saurabh appointed Additional Independent Director on 4 Feb 2026; resigned 17 Jul 2026.
• Umang Agrawal appointed Company Secretary on 4 Feb 2026.
• Aakash Prakash Shah resigned as Non-Executive Director on 11 Mar 2026.
• Pooja Sarkar appointed Additional Independent Director on 17 Jul 2026.
• Shruti appointed Additional Independent Director on 17 Jul 2026.
• Sudhanshu Shekhar appointed Additional Independent Director on 17 Jul 2026.

Auditor appointments

• Statutory Auditor: Kapil Kumar Aggarwal & Associates appointed for 2026–27 to fill casual vacancy.
• Secretarial Auditor: Jay Pandya & Associates appointed for FY 2025–26.

Material related party transactions

• Material RPT with Veggie Fest Foods Private Limited up to Rs 50 crore for various transactions.

Other material approvals

• Increase of authorised share capital to Rs 100 crore; rights issue up to Rs 90 crore.
• Right Issue Committee authorized to finalize terms and manage the issue.

Meeting Details

• 23 July 2026, 04:00 PM, at F-607, Titanium City Centre, Ahmedabad.

Key Agenda Items

• Unaudited quarterly results for quarter ended 30 June 2026 with Limited Review Report.
• Any other matter to be discussed with chairperson's permission.

Other Notes

• No trading window closure period mentioned.

Capital and fundraising

• Authorized share capital increased from Rs 10 crore to Rs 100 crore, subject to AGM approval.
• Rights issue proposed to raise up to Rs 90 crore, on rights basis, subject to regulatory approvals.
• Rights Issue Committee empowered to finalize terms, conditions, and number of shares.
• Intermediaries appointed for the proposed rights issue per Annexure-I.

Governance and appointments

• Ms. Pooja Sarkar appointed Additional Non-Executive Independent Director from 17-Jul-2026 for five years.
• Ms. Shruti appointed Additional Non-Executive Independent Director from 17-Jul-2026 for five years.
• Mr. Sudhanshu Shekhar appointed Additional Non-Executive Independent Director from 17-Jul-2026 for five years.
• Saurabh resigns as Additional Non-Executive Independent Director effective 17-Jul-2026.
• Ms. Reema Magotra resigns as Additional Non-Executive Independent Director effective 17-Jul-2026.

Board committees reconstitution

• Audit Committee reconstituted from 17-Jul-2026: Sudhanshu Shekhar (Chair), Shruti (Member), Bipinbhai Prajapati (MD) (Member).
• Nomination and Remuneration Committee reconstituted: Sudhanshu Shekhar (Chair), Shruti (Member), Yagnik Prajapati (Member).
• Stakeholders Relationship Committee reconstituted: Sudhanshu Shekhar (Chair), Shruti (Member), Yagnik Prajapati (Member).

AGM and corporate reports

• Director’s Report for FY 2025-26 approved.
• 43rd AGM fixed for 1 September 2026 at 3:00 PM via VC/OAVM.

Regulatory disclosures and annexures

• Annexure-I details equity issuance terms and size.
• Annexure-II to Annexure-IV cover appointments; Annexure-VI covers resignations.
• Annexure-V contains resignation details for Saurabh.
• Annexure-VI contains resignation details for Reema Magotra.
• Rights issue to be implemented subject to shareholding approvals.

Meeting Details

• Date: 17 July 2026; Time: not disclosed; Venue: Corporate Office, F-607, Titanium City Centre, Satellite, Ahmedabad, Gujarat.

Key Agenda Items

• Increase in Authorized Share Capital and alteration of MOA Clause V.
• Fund-raising proposal via Rights Issue/Preferential Issue/QIP/Private Placement/Convertible Securities or other permissible modes.
• Approval of AGM schedule and Notice, including Board Report and related matters, with cut-off and e-voting plan.
• Any other business with permission of the Chair.

Other Notes

• Trading window for designated persons will remain closed, if applicable.

Mihika Industries Ltd – Trading Window closed from 1 July 2026 until 48 hours after the declaration and publication of Unaudited Financial Results for the quarter ended 30 June 2026