Auditor29 Sept 2026, 02:30 pm
Milestone Furniture Appoints New Statutory Auditor
AI Summary
Milestone Furniture Limited announced the appointment of M/s. Gupta Rajesh & Associates as Statutory Auditors to fill a casual vacancy. This follows the resignation of M/s. R. Daga & Company. The board also approved an increase in authorized share capital from ₹10 Crores to ₹60 Crores, subject to shareholder approval. Additionally, the company deferred share allotment for OCD conversion pending stock exchange approval and approved the 'Milestone Furniture Limited - Employee Stock Option Scheme 2026'. An application will be made to extend the AGM for FY 2025-26.
Key Highlights
- New statutory auditors appointed to fill casual vacancy.
- Authorized share capital increased to ₹60 Crores.
- OCD conversion allotment deferred pending regulatory approval.
- Employee Stock Option Scheme 2026 approved.
- AGM extension to be sought for FY 2025-26.
Price Impact
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