Mihika Industries Ltd — Important, 02-02-2026: Company Update

Mihika Industries' board has approved a significant leadership overhaul. The company appointed Mr. Saurabh and Ms. Reema Magotra as Additional Non-Executive and Independent Directors, and Mr. Yagnik Prajapati as an Additional Non-Executive Director. Mr. Bipinbhai Prajapati takes over as Chief Financial Officer. These appointments follow the resignations of Ms. Sweta Panchal and Mr. Parth Rupareliya from director roles, with Mr. Rupareliya also stepping down as CFO, all citing personal reasons. The board also reconstituted its Audit, Stakeholders Relationship, and Nomination and Remuneration Committees, reflecting these changes. This reshuffle signals a notable shift in the company's governance and financial leadership.