Mohini Health & Hygiene Limited Approves Significant Financial Limits, Increases Capital; Appoints New CFO

Mohini Health & Hygiene Limited Approves Significant Financial Limits, Increases Capital; Appoints New CFO​

Mohini Health & Hygiene Limited (MHHL) announced several major resolutions passed by its Board of Directors during a meeting held on July 24, 2026. The board approved substantial increases in operational and financial limits for the company, including enhancements to borrowing capacity and investment ceilings, alongside a critical transition in the Chief Financial Officer (CFO) role.

The Board sanctioned several material actions concerning the company's corporate structure, all pending shareholder approval at an upcoming Extra-Ordinary General Meeting (EGM). These resolutions include authorizing the disposal of whole or any part of the undertaking up to a limit of Rs. 3,00,00,00,000 in various forms, such as outright sale, strategic alliance, or joint venture creation.

The company also approved significant increases to its financial capacities:

• Borrowing Limit: The borrowing limit was enhanced up to Rs. 3,00,00,00,000.
• Investment and Guarantees: Limits for loans, investments, guarantees, or security provided to subsidiaries, associates, and related parties were approved at up to Rs. 3,00,00,00,000.
• Investment Limit (Section 186): The limit for making investment in another body corporate was also increased up to Rs. 3,00,00,00,000.

Capital Increase and Corporate Governance​

A key approval granted by the board involved a proposal to increase the Authorized Share Capital of the company. The current authorized capital, set at Rs. 25,00,00,000 divided into 2,50,00,000 Equity Shares of Rs. 10 each, was proposed to be increased to Rs. 65,00,00,000, which would be divided into 6,50,00,000 Equity Shares of Rs. 10 each.

Material Related Party Transactions (RPTs) and Guarantees​

The board also approved several material related party transactions recommended by the Audit Committee on July 24, 2026:

• Subsidiary Transactions: Transactions were approved between MHHL and its subsidiary Dhananya Capital Private Limited (DCPL), including proposed ventures involving Winsome Yarns Limited (WYL) and Zenith Infra Realty LLP.
• Security Arrangements: The company is providing a Corporate Guarantee to Axis Trustee Services Limited, the Debenture Trustee for DCPL. This guarantee secures the repayment of Senior, Secured, Unrated, Unlisted, Redeemable Series A Non-Convertible Debentures issued by DCPL, amounting up to INR 70,00,00,000.
• Pledge Details: The transaction involves pledging shares of Dhananya Capital Private Limited (DCPL) and Winsome Yarns Limited (WYL) to Axis Trustee Services Limited.

CFO Transition and EGM Details​

Effective August 1, 2026, the company experienced a change in leadership at the finance executive level. The Board approved the resignation of Mr. Anil Kumar Singhania, who served as the Chief Financial Officer (CFO), citing personal commitments.

Mr. Sachin Patangiya was subsequently appointed as the new CFO, effective August 1, 2026. Mr. Patangiya is a Chartered Accountant with over 19 years of experience in finance, taxation, and corporate compliance, and has been associated with MHHL for the last seven years.

The Board also scheduled an Extra-Ordinary General Meeting (EGM) for August 19, 2026, at the company's registered office in Pithampur. Details regarding remote e-voting for the EGM were provided to investors:

MHHL Stock Price Movement​

Mohini Health & Hygiene Limited shares stabilized on Friday, concluding the session trading at ₹37.00 after maintaining zero movement throughout the day. The equity held steady relative to its base price during historical trading.