Mihika Industries Sets Nov 6 Record Date for ₹90 Cr Rights Issue

Mihika Industries Limited has announced the record date for its upcoming rights issue as November 06, 2026. The Rights Issue Committee of the Board has approved the terms, which include issuing 9,00,00,000 partly paid-up equity shares at ₹10.00 each, aggregating up to ₹90.00 crore. This rights issue offers 9 Rights Equity Shares for every 1 fully paid-up Equity Share held on the record date. The total number of outstanding equity shares will increase from 1,00,00,000 to 10,00,00,000 assuming full subscription.