Latest news about Milestone Furniture
Milestone Furniture
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More news about Milestone Furniture
24Jun 26
Milestone Furniture delays FY26 results submission
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.
18Mar 26
Milestone Furniture Limited Approves Unaudited Financial Results for H1FY24
Milestone Furniture Limited concluded its board meeting on March 18, 2026, approving unaudited financial results for the half year ended September 30, 2023. The company reported a net loss of ₹28.47 lakh with basic EPS of ₹(0.31), primarily due to depreciation expenses of ₹24.09 lakh. Total assets decreased to ₹2,580.38 lakh from ₹2,604.47 lakh, while maintaining paid-up capital of ₹929.70 lakh. The auditors noted challenges in their review due to management transition issues.
16Mar 26
Milestone Furniture Executive Director Mr. Vivek Yogeshwar Sonar Resigns Due to Personal Reasons
Milestone Furniture Limited has formally announced the resignation of Executive Director Mr. Vivek Yogeshwar Sonar (DIN: 07735643) effective from closing of business hours on 16/03/2026 due to personal reasons. The company has completed all regulatory filings with the Bombay Stock Exchange under SEBI LODR Regulations, including comprehensive documentation and the resignation letter, with Whole Time Director Mayank Rasiklal Kotadia signing the official intimation.
30Jan 26
Milestone Furniture Limited Declares AGM Voting Results with All Resolutions Approved
Milestone Furniture Limited declared voting results for its AGM held on December 27, 2025, with all 9 resolutions receiving 91.18% approval from shareholders. Key approvals included financial statement adoption, director appointments, auditor regularization, and borrowing power enhancement up to Rs. 50 crore, demonstrating strong shareholder confidence in the company's governance and growth strategy.
28Jan 26
Milestone Furniture Limited Board Approves Fund Raising and Acquisition Plans
Milestone Furniture Limited's board meeting on 28th January, 2026, resulted in approval of multiple strategic initiatives including in-principle fund raising through preferential issue or private placement, appointment of a registered valuer for pricing guidance, and authorization to evaluate the acquisition of U M T Infra Projects Private Limited. The company also discussed increasing its authorised share capital to support the securities issuance, with final terms to be determined in subsequent board meetings subject to regulatory approvals.
26Dec 25
Milestone Furniture Limited Corrects Director Designation in Revised Board Meeting Outcome
Milestone Furniture Limited corrected a typographical error in its Board Meeting outcome dated December 1, 2025, regarding Mrs. Payal Vatsal Thakkar's designation. She was appointed as Non-Executive, Non-Independent Director, not Executive Director as previously stated. The NRC has recommended her regularization in the corrected capacity for AGM approval, with all other original filing details remaining unchanged.
16Dec 25
Milestone Furniture Limited Reports ₹17.05 Lakh Net Loss for H1 FY26, Shows Improvement Over Previous Year
Milestone Furniture Limited reported a net loss of ₹17.05 lakhs for H1 FY26, showing improvement from the ₹27.55 lakhs loss in the previous year's corresponding period. The company generated no revenue during the period, with expenses primarily consisting of depreciation costs of ₹16.03 lakhs. The Board approved opening a new Mumbai branch office, while auditors expressed concerns about management transition issues affecting their review process.
17Nov 25
Milestone Furniture Approves Financial Results Amid Management Disputes, Appoints New Company Secretary
Milestone Furniture Limited approved audited standalone financial results for the year ended March 31, 2025, despite auditors issuing a disclaimer of opinion due to management disputes. The company appointed Abhishek Pokharna as new Company Secretary and Compliance Officer effective November 1, 2025. The board meeting also addressed related party transactions and deferred several items for future discussion.
11Aug 25
Milestone Furniture Reports Net Loss of Rs 27.55 Lakh in H1 FY2025, Appoints New Secretarial Auditor
Milestone Furniture Limited announced financial results for H1 FY2024-25, reporting zero income from operations and a net loss of Rs 27.55 lakh. The company's EPS was negative at Rs 0.30. Despite challenges, the loss has reduced compared to FY2024's Rs 63.14 lakh. The board appointed a new Secretarial Auditor and disclosed related party transactions totaling Rs 6.40 lakh. Former Managing Director Tanmay Singh resigned in June 2024.
22Jul 25
Milestone Furniture's Statutory Auditors S. Agrawal & Co. Resign, Citing Pre-occupation
M/s. S. Agrawal & Co., Chartered Accountants, have resigned as statutory auditors of Milestone Furniture Limited, effective immediately. The resignation, citing pre-occupation, was submitted on July 10, 2025, for the financial year 2024-25. The company has complied with SEBI regulations by informing the BSE Limited about this change. Milestone Furniture is expected to appoint new auditors soon.
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