Milestone Global Limited has announced the schedule for its 36th Annual General Meeting (AGM), set to be held via video conference on Saturday, September 19, 2026. The meeting aims to transact business as outlined in the notice, including the approval of financial statements for FY25-26, though specific quarterly financial metrics for Q1FY26 were not included in this particular filing.

The Board of Directors has fixed September 14, 2026, as the cut-off date for determining shareholder eligibility for voting. Shareholders holding shares in physical or dematerialized form as of this date can participate in remote e-voting or vote during the AGM. The register of members and share transfer books will remain closed from September 15, 2026, to September 19, 2026, inclusive, to facilitate the process.

Remote e-voting will commence on Wednesday, September 16, 2026, at 9:00 a.m. IST and conclude on Friday, September 18, 2026, at 5:00 p.m. IST. The facility is managed through the Central Depository Services (India) Limited (CDSL) e-voting system. Shareholders who have already cast their votes remotely are not eligible to vote again during the AGM session.

Key Dates and Procedures

Shareholders participating via video conference will be counted towards the quorum under Section 103 of the Companies Act, 2013. The company has appointed Mr. M. Rajasekhar, a lawyer, as the scrutinizer to ensure fair and transparent conduct of the e-voting process.

Shareholder Compliance Requirements

In compliance with Securities and Exchange Board of India (SEBI) guidelines, shareholders are required to update their PAN, email ID, KYC details, and nomination information with their respective Depository Participants (DPs) or Registrar and Transfer Agents (RTAs). Physical shareholders must provide these details to the RTA, Integrated India Stock Holding Limited, by writing to irg@integratedindia.in .

Electronic copies of the AGM notice and Annual Report for FY25-26 have been dispatched to registered email addresses. Shareholders without registered emails have received letters with weblinks to access these documents. The full annual report is also available on the company’s website.

Milestone Global Limited has scheduled its 36th Annual General Meeting (AGM) for Saturday, September 19, 2026, at 11:00 a.m. via Video Conferencing. The meeting will address the adoption of audited financial statements for FY26, which showed a consolidated profit after tax (PAT) tripling year-on-year to ₹75.29 lakh, while standalone PAT dipped marginally to ₹27.64 lakh. Shareholders will vote on the re-appointment of key directors and the approval of their remuneration structures for upcoming tenures.

The Register of Members and Share Transfer books will remain closed from September 12, 2026, to September 19, 2026, inclusive. Remote e-voting will be available from September 16, 2026, at 9:00 a.m. IST to September 18, 2026, at 5:00 p.m. IST. Only shareholders holding shares as of the cut-off date, September 11, 2026, are eligible to vote. The facility for appointing proxies is not available for this virtual meeting.

Board Re-appointments and Remuneration

The primary special business items involve the re-appointment of executive and independent directors. The Board seeks shareholder approval for the following resolutions:

Syed Fiyaz Ahmed, who has been with the company since its inception, is seeking approval for his remaining tenure as Whole-time Director. His current monthly remuneration is ₹62,700. The proposed resolution allows for an increase up to ₹1,00,000 per month, with a cap on total annual remuneration at ₹84,00,000. This approval is required under Schedule V of the Companies Act, 2013, due to the company’s inadequate profits.

Alka Agarwal, currently serving as CEO and Whole-time Director, is eligible for re-appointment for a further five-year term commencing January 6, 2027. Her proposed remuneration starts at ₹4,00,000 per month, potentially rising to ₹7,00,000 per month within three years of her re-appointment. She is related to Chairman Alok Krishna Agarwal, who is her brother.

Independent Director Continuity

The Board also recommends the re-appointment of two independent directors for their second consecutive five-year terms. Somendra Kumar Agarwal, a consultant with Vaishno Securities, and Mast Ram Tek Chand Bhardwaj, a retired Colonel of the Indian Army, both completed their first terms on March 12, 2026. Their re-appointments are subject to shareholder approval via Special Resolution. Both directors have submitted declarations confirming their independence under Section 149(6) of the Companies Act, 2013.

Financial Context and Governance

The AGM coincides with the submission of the 36th Annual Report, which highlights stable standalone operations despite challenges in raw material availability and global trade uncertainties. Consolidated results improved significantly due to contributions from subsidiaries Milestone Global (UK) Limited and Milestone Imports Inc. (USA). No dividend was recommended for FY26. The Secretarial Audit and Statutory Auditors’ Reports contained no qualifications or adverse remarks. Mr. M. Jagadeesh, Lawyer, has been appointed as the Scrutinizer for the e-voting process.