Milestone Global Limited Re-appoints Somendra Kumar Agarwal as Independent Director

1 min read     Updated on 13 Mar 2026, 12:13 PM
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Reviewed by
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Overview

Milestone Global Limited has re-appointed Somendra Kumar Agarwal as Non-Executive Independent Director for a second 5-year term effective March 13, 2026. The Board approved the appointment on February 7, 2026, subject to shareholder approval at the Annual General Meeting. Agarwal holds no securities in the company at the time of appointment, as disclosed under SEBI insider trading regulations.

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

Milestone Global Limited has announced the re-appointment of Somendra Kumar Agarwal as Non-Executive Independent Director for a second consecutive term. The company filed the mandatory disclosure under Regulation 7(1)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015 with the Bombay Stock Exchange on March 13, 2026.

Board Appointment Details

The Board of Directors approved Agarwal's re-appointment during their meeting held on February 7, 2026. The appointment is effective from March 13, 2026, and is subject to approval by shareholders at the ensuing Annual General Meeting.

Parameter: Details
Director Name: Somendra Kumar Agarwal
Position: Non-Executive Independent Director
Term Duration: 5 consecutive years
Effective Date: March 13, 2026
Board Approval Date: February 7, 2026
DIN: 09068991

Securities Holdings

As per the Form B disclosure filed with the exchange, Agarwal holds no securities in Milestone Global Limited at the time of his appointment. The disclosure confirms nil shareholding and no open interest in derivatives contracts of the company.

Security Type: Holdings
Equity Shares: NIL
Shareholding Percentage: NIL
Future Contracts: NA
Option Contracts: NA

Regulatory Compliance

The disclosure was made pursuant to Regulation 7(1)(b) read with Regulation 6(2) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Company Secretary Anita Rahul Kabra signed the disclosure document on behalf of Milestone Global Limited.

Company Information

Milestone Global Limited is incorporated with CIN L93000KA1990PLC011082 and has its registered office at 54B, Hoskote Industrial Area, KIADB, Chintamani Road, Hoskote-562114, Bangalore. The appointment strengthens the company's board composition with experienced independent oversight as it continues its business operations.

Historical Stock Returns for Milestone Global

1 Day5 Days1 Month6 Months1 Year5 Years
-4.86%-1.73%+1.15%-18.52%-4.76%+88.44%

Milestone Global Limited Reports Mixed Q2 FY2026 Results with Revenue Growth and Profit Decline

1 min read     Updated on 14 Nov 2025, 01:45 PM
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Reviewed by
Ashish TScanX News Team
Overview

Milestone Global Limited, a granite products manufacturer and exporter, released its Q2 FY2026 results. The company reported consolidated revenue of Rs 709.85 lakhs and standalone revenue of Rs 358.03 lakhs. While revenue grew, profitability declined. The consolidated net profit was Rs 5.23 lakhs. Segment-wise, Europe contributed the highest revenue at Rs 280.70 lakhs. The company's balance sheet showed total assets of Rs 1,098.19 lakhs and total equity of Rs 993.65 lakhs as of September 30, 2025.

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Milestone Global Limited , a company engaged in the manufacturing and export of granite products, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025. The results show a mixed performance with revenue growth but a decline in profitability.

Revenue Performance

The company reported a consolidated revenue from operations of Rs 709.85 lakhs for Q2 FY2026, which includes the operations of its subsidiaries in the UK and USA. On a standalone basis, Milestone Global Limited achieved a revenue of Rs 358.03 lakhs for the quarter.

Financial Highlights

Here's a breakdown of the key financial metrics for Q2 FY2026:

Metric Q2 FY2026 (Consolidated) Q2 FY2026 (Standalone)
Revenue from Operations 709.85 358.03
Total Income 719.72 364.68
Profit Before Tax 5.23 7.92
Net Profit 5.23 7.92

All figures in Rs lakhs

Segment Performance

The company's performance varied across different geographical segments:

Segment Revenue Segment Results
USA 164.05 6.50
Europe 280.70 17.49
Canada 50.70 4.08

All figures in Rs lakhs

Balance Sheet Overview

As of September 30, 2025, Milestone Global Limited's consolidated balance sheet showed:

  • Total Assets: Rs 1,098.19 lakhs
  • Total Equity: Rs 993.65 lakhs
  • Current Assets: Rs 788.22 lakhs
  • Current Liabilities: Rs 79.61 lakhs

Management Commentary

The Board of Directors, in their meeting held on November 14, 2025, approved these unaudited financial results. The company's auditors have performed a limited review of the same.

Outlook

While Milestone Global Limited has shown revenue growth, the decline in profitability may be a concern for investors. The company's performance in international markets, particularly in the USA and Europe, continues to be significant for its overall financial health.

Investors and stakeholders should note that these are interim results and may not necessarily indicate the full-year performance. The company's ability to manage costs and improve profitability in the coming quarters will be crucial for its financial outlook.

As always, investors are advised to consider these results in conjunction with broader market trends and the company's long-term strategies before making investment decisions.

Historical Stock Returns for Milestone Global

1 Day5 Days1 Month6 Months1 Year5 Years
-4.86%-1.73%+1.15%-18.52%-4.76%+88.44%

More News on Milestone Global

1 Year Returns:-4.76%