Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Milestone Furniture Ltd held an Extra-Ordinary General Meeting (EGM) on August 18, 2025, via video conferencing, lasting only about 6 minutes (3:30 PM to 3:36 PM). The single resolution considered was an ordinary resolution to appoint a Statutory Auditor for the company. The resolution was passed with 86.33% votes in favour (10,79,950 votes) and 13.67% votes against (1,71,000 votes) out of a total 12,50,950 votes polled. Out of 730 shareholders on record date, only 18 cast votes, and promoter/promoter group shareholders did not participate in the voting at all — all polled shares came from public non-institutional holders.
The statutory auditor appointment is a routine compliance matter and has been cleared with a comfortable majority, so no material impact on shareholders or stock price is expected. The fact that promoter group held zero shares voted (did not exercise voting rights) and the very short EGM duration suggest this was a procedural meeting without contentious issues.