02-Nov-2026 19:55:46

MIHIKAGeneral news

MIHIKA : RIGHTS ISSUE WORTH RS 90 CR

• Rights Issue Committee approved 9,00,00,000 partly paid-up equity shares at ₹10 each, aggregating ₹90 Cr (assuming full subscription and call monies) • Shares of face value ₹10 each, offered on rights basis in ratio of 9 rights shares for every 1 fully paid-up share • Record date fixed as Friday, November 06, 2026 • Outstanding equity shares to rise from 1,00,00,000 pre-issue to 10,00,00,000 post-issue (assuming full subscription) • ISIN for rights entitlement: INE779Q20017 Impact: Neutral (₹90 Cr capital raise but 9:1 ratio implies 9x expansion in share count; use of proceeds not stated)

Mihika Industries Ltd

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