Mitshi India Ltd

Mitshi India Ltd announced the appointment of Mr. Vicky Mahendra Anjaria as Additional Non-Executive Non-Independent Director and Mr. Gurdeep Singh as Additional Non-Executive Independent Director. Both appointments are effective from July 15, 2026, and are subject to shareholder approval. Mr. Anjaria brings over 10 years of experience in steel trading and marketing, while Mr. Singh is a qualified Company Secretary with extensive experience in corporate laws and governance. These appointments are part of the company's strategic move to strengthen its board.

Mitshi India Limited announced the appointment of Mr. Vicky Mahendra Anjaria as an Additional Non-Executive Non-Independent Director and Mr. Gurdeep Singh as an Additional Non-Executive Independent Director. Both appointments are effective from July 15, 2026, and are subject to shareholder approval. Mr. Anjaria brings over 10 years of experience in steel trading and marketing, while Mr. Singh is a qualified Company Secretary with extensive experience in corporate laws and compliance.

Mitshi India Limited has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and will continue until two days after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The window is closed for designated persons, including directors, identified employees, KMPs, promoters, their immediate relatives, and connected persons, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The date of the board meeting to approve these results will be communicated separately.

Mitshi India's Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026. However, the independent auditor, SDPM & Co, issued a qualified opinion on these results. The qualification stems from the company's substantial cash transactions in its agriculture product trading operations, where the auditor relied on GST returns for turnover due to non-banking sales. Additionally, outstanding balances of trade receivables, trade payables, and unsecured loans are subject to confirmation and supporting documents, impacting the true and fair view of the financial information.

Mitshi India Ltd announced the non-applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015, regarding the submission of the Related Party Transaction Report for the year ended March 31, 2026. The company is exempt as its paid-up capital does not exceed ₹10 Crores (₹8.80 Crores) and its net worth does not exceed ₹25 Crores (₹2.72 Crores) as of March 31, 2025, as per Regulation 15 of Chapter IV of SEBI (LODR) Regulations, 2015.

Mitshi India Ltd's Board of Directors met on April 28, 2026, and approved the standalone audited financial results for the quarter and year ended March 31, 2026. However, the independent auditor, SDPM & Co., issued a qualified opinion on these results. The auditor stated that the financial results do not present a true and fair view in conformity with Indian Accounting Standards. The basis for this qualified opinion includes the company's substantial cash transactions in agricultural product trading, reliance on GST returns for turnover due to non-banking sales, and outstanding balances of trade receivables, payables, and unsecured loans being subject to confirmation and supporting documents.

Mitshi India Ltd has announced that its Board of Directors will hold a meeting on Tuesday, April 28, 2026. The main purpose of this meeting is to consider and approve the Standalone Audited Financial Results for the financial year ended March 31, 2026. Additionally, the Board will take on record the Audited Report submitted by the Statutory Auditor. This notice is issued in accordance with Regulation 29 (1) (a) and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mitshi India Limited has announced the closure of the trading window for dealing in securities of the company for designated persons, including directors, identified employees, KMPs, promoters, promotee group, immediate relatives, and connected persons. The closure will commence on 1st April 2026 and will last until two days after the declaration of audited financial results for the quarter and year ended 31st March 2026. The board meeting date for declaring the results will be communicated later.

Mitshi India Ltd has confirmed the resignation of Mr. Hanumant Anaji Salunkhe and Drashti Tarun Savla from their positions as Directors of the company. The resignation was submitted on 10th March, 2026. The company has clarified that there are no other material reasons for their resignation other than those already disclosed in their resignation letters. Neither of the resigned directors hold directorship in any other listed entity or company.

Mitshi India Ltd held a Board Meeting on 10th March, 2026, where they approved several decisions. The company appointed Mrs. Bijal Yogesh Durgavale as the Additional Director (Non-Executive Independent Director) with effect from 10th March, 2026. Mrs. Durgavale is a Company Secretary at E & E Enterprises Ltd and has over 13 years of professional experience in secretarial, legal, and compliance functions. The board also accepted the resignations of Mr. Hanumant Anaji Salunkhe and Mrs. Drashti Tarun Savla from their posts as Independent Directors, effective from 10th March, 2026.