Two directors resign, including Whole-Time Director

Kmp ResignedDirector ResignedManagement Changes View source PDF Explain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-4.8% vs market

Consumer Durables peers, median of 205sector · industry level-0.4%-4.6% vs sector

On the reaction day the stock moved 4.8 pts less than Nifty Microcap 250 and 4.6 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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UpDownMarket · Nifty Microcap 250Sector · Consumer Durables peers, median of 205Pending

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AI summary

Two directors of Milestone Furniture have resigned. Ms. Payal Vatsal Thakkar stepped down as Director effective 19 Aug 2026. Mr. Mayank Rasiklal Kotadia resigned as Whole-Time Director and KMP effective 21 Aug 2026. Both cited personal reasons. The board noted the resignations at its meeting on 26 Aug 2026.

Likely market impact

Loss of a Whole-Time Director and KMP may affect board strength and day-to-day oversight in the near term.