Mihika Industries opens Rs 900 million rights issue

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Price reactionminutes from the announcement price · days from the prior close

-9.3%Reaction day

₹11.77

prior close

₹10.68

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Trading & Distributors peers, median of 134sector-0.3%-9.0% vs sector

On the reaction day the stock moved 9.0 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

-9.3pendingpending-0.3-9.0

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 134Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The company is offering up to 90 million new shares at Rs 10 each in a 9-for-1 ratio to eligible shareholders. The issue targets Rs 900 million and opens on November 19, 2026, closing December 4, 2026. The record date is November 6. Investors pay Rs 2.50 upfront and Rs 2.50 in each of three later calls.

Likely market impact

Eligible holders need Rs 90 per existing share to maintain their stake; those who do not subscribe may have a smaller ownership stake.