Milestone Furniture Limited appointed two new directors to its board on August 18, 2026. The appointments include an independent non-executive director and an executive director, both serving five-year terms subject to shareholder approval.

The Board of Directors meeting was held at the company’s registered office in Mumbai. The board approved the appointments pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Profiles

Mr. Akash Chugh (DIN: 11206510) was appointed as an Additional Director (Non-Executive & Independent). He holds a degree in Computer Science and Engineering and runs a business consulting firm. He brings experience in providing business solutions.

Ms. Vaishali Balasaheb Jagtap (DIN: 10943315) was appointed as an Additional Director (Executive). She is a graduate who runs a tour and travel business. Her profile highlights experience in day-to-day organizational operations.

Both appointees are unrelated to any existing directors or key managerial personnel of the company. The company affirmed that neither individual is debarred from holding office by SEBI or any other authority.

Regulatory Compliance

The disclosures were made under Regulation 30 of the LODR Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The board meeting commenced at 3:00 pm and concluded at 4:25 pm.

Milestone Furniture Limited’s board of directors noted the resignation of two key executives during its meeting held on August 26, 2026. The departures were attributed to personal reasons.

The board took note of the exit of Ms. Payal Vatsal Thakkar from her role as director. Her resignation became effective at the close of business hours on August 19, 2026. Additionally, the company recorded the resignation of Mr. Mayank Rasiklal Kotadia from his positions as whole-time director and key managerial personnel. His cessation date was set for the close of business on August 21, 2026.

Resignation Details

Both individuals cited personal reasons for stepping down from their respective roles. The board meeting commenced at 1:00 pm and concluded at 1:45 pm at the company’s registered office in Mumbai.

The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed resignation letters were enclosed with the filing as Annexure A.