Milestone Furniture Board Meeting Oct 23: OCD Conversion, Acquisition Termination

Milestone Furniture Limited will hold a Board Meeting on October 23, 2026, to consider several key agenda items. These include taking note of conversion notices for Unlisted Secured OCDs aggregating to ₹5,74,60,000/-, and authorizing an in-principle approval application to the Stock Exchanges. The board will also consider terminating negotiations for the proposed acquisition of UMT Infra Projects Private Limited. Additionally, the resignation of the Company Secretary and Compliance Officer will be noted. The meeting will also address the appointment of a Scrutinizer for the upcoming AGM, proposed equity share capital structure, regularization and appointment of two Non-Executive Independent Directors, and the appointment of Statutory and Secretarial Auditors for a five-year term. The audited financial statements for FY 2025-26 will also be considered and approved. The trading window remains closed until 48 hours after the outcome is made public.