Milestone Furniture accepts resignation of director Payal Vatsal Thakkar

0 min read | Published on 26 Aug 2026, 02:10 PM |Updated on 26 Aug 2026, 02:10 PM

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Riya DScanX News Team

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Key Highlights

Milestone Furniture accepted the resignation of Mrs. Payal Vatsal Thakkar
She served as Non-Executive, Non-Independent Director until August 19, 2026
Resignation was due to personal reasons as stated in her letter
The Board approved the exit during its meeting on August 26, 2026

*this image is generated using AI for illustrative purposes only.

Milestone Furniture accepted the resignation of Mrs. Payal Vatsal Thakkar as Non-Executive, Non-Independent Director effective August 19, 2026.

The Board of Directors formally noted the resignation during a meeting held on August 26, 2026, at the company’s registered office in Mumbai. Mrs. Thakkar submitted her resignation letter citing personal reasons.

Board Approval and Formalities

The Board expressed appreciation for the guidance and support provided by Mrs. Thakkar during her tenure. It authorized company officers to complete all requisite statutory and regulatory formalities associated with her exit.

The meeting commenced at 1:00 pm and concluded at 1:45 pm with no other business transacted.

Historical Stock Returns for Milestone Furniture

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.32%	+5.84%	0.0%	-12.89%	+98.26%	0.0%

Will Milestone Furniture appoint a replacement Non-Executive Director to maintain board diversity and governance standards?

How might the departure of Mrs. Thakkar impact the company's strategic oversight given her specific areas of expertise?

Are there any pending regulatory filings or compliance issues associated with this leadership transition that investors should monitor?

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Milestone Furniture delays FY26 results submission

1 min read | Published on 24 Jun 2026, 04:10 PM |Updated on 24 Jun 2026, 04:10 PM

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Suketu GScanX News Team

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Milestone Furniture Limited has reported a delay in submitting its audited financial results for the quarter and financial year ended March 31, 2026, due to the medical emergency of a key director. The company is currently unable to finalize the results and obtain necessary approvals but is working to complete the process. Milestone Furniture will update BSE Limited once the situation normalizes.

*this image is generated using AI for illustrative purposes only.

Milestone Furniture Limited has announced a delay in the submission of its audited financial results for the quarter and financial year ended March 31, 2026. The company cited unforeseen circumstances arising from the serious health condition of a key director, who suffered a brain hemorrhage and is currently undergoing medical treatment, as the reason for the postponement. This situation has prevented the company from completing necessary processes and obtaining required approvals within the prescribed timeline.

The disclosure was made to BSE Limited pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Milestone Furniture stated that it is making all possible efforts to complete the pending formalities and finalize the audited results at the earliest. The company committed to keeping the stock exchange informed of further developments and submitting the results as soon as the situation normalizes.

Detail	Information
Company	Milestone Furniture Limited
Scrip Code	541337
Reporting Period	Quarter and Financial Year Ended March 31, 2026
Reason for Delay	Medical emergency of a key director
Regulatory Reference	Regulation 30 and 33 of SEBI LODR, 2015
Filing Date	June 24, 2026