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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.4 pts less than its Consumer Durables peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Milestone Furniture's board approved unaudited standalone financial results for the half year ended 30 September 2025. The company reported zero revenue from operations and a net loss of Rs. 17.05 lakhs for H1 FY26, against a Rs. 48.37 lakhs loss for the full FY25. The statutory auditor, R Daga and Company, declined to express any review conclusion on the results, stating they could not obtain sufficient evidence due to a standoff with the previous management regarding assets, liabilities, and the company's financial position. The board also approved opening a new branch office in Khar West, Mumbai, and confirmed the company is exempt from related party transaction disclosures as its paid-up capital and net worth fall below SEBI thresholds.
The auditor's disclaimer — the most serious form of audit report — combined with zero revenue and continuing losses raises serious red flags about the company's operational viability and governance. Shareholders should be cautious, as the unverified financial statements significantly increase risk.