Milestone Furniture share price hits 5% lower circuit as the firm's CA 'disappears'
Milestone Furniture's shares fell 5 per cent on the BSE after the company revealed it could not disclose financial statements due to its accountant's disappearance. The company is also searching for a new managing director.
Milestone Furniture shares were locked in a 5 per cent lower circuit of ₹6.47 in intraday trade on BSE on Thursday (June 8) a day after the company said it was not able to disclose its financial statements as its existing Chartered Accountant got disappeared and is not answering the calls, raising concerns over the firm's governance.
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