Outcome of Board Meeting held on 24-02-2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 1.2 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The board of Millennium Online Solutions (India) Ltd accepted the resignations of two Non-Executive Independent Directors — Mrs. Subhash Gurudeo Patle (DIN: 00369492) and Mrs. Renu Manendra Singh (DIN: 00860777) — effective 24 February 2026. In the same meeting, it approved the appointment of Mrs. Radhika Ben Patel (DIN: 10999269) and Mr. Mukesh Kumar Seni (DIN: 10998990) as Additional Non-Executive Independent Directors for a 5-year term running from 24 February 2026 to 23 February 2031, subject to shareholder approval at the next AGM. The meeting ran from 3:00 p.m. to 4:00 p.m. and was signed off by the Wholetime Director & CFO. Net effect: a like-for-like swap of independent directors with same-day resignations and appointments.
Shareholders should note that two independent directors stepped down at once and were replaced by two new faces whose appointments still need AGM ratification. The simultaneous churn at the independent-director level is worth flagging for governance scrutiny, though board strength and independent-director count remain unchanged in the short term.