Milton Industries MD, chairman, board of directors and AGM

₹39.65₹1.85 (4.89%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹37.80.

52-week range of traded prices to 23 Oct 2026

₹24.85Low, 24 Nov 2025₹53.50High, 30 Jan 2026

Market cap: ₹67 Cr
P/E: 37.5
P/B: 1.4
Dividend yield: Nonein the last 12 months
ROE: 3.7%
Debt to equity: 0.34
Volume, NSE: 30,800100.0% delivered

Milton Industries board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Statutory auditor

Named in the results for the quarter to Mar 2026.

Prakashchandra parakhPeer-review certificate valid to Jun 2026

1 earlier auditor

KPSJ & Associates LLPNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Milton Industries AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Milton Industries share news and announcements

Annual general meeting, 28 Sep 2026

281 shareholders on the register on 22 Aug 2026; present: 6 promoters and 0 others; votes counted by KINJAL SHAH / KINJAL SHAH.The company's voting result (opens in a new tab)

1. CONSIDERATION AND ADOPTION OF AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED ON MARCH 31, 2026 AND REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.27% · promoters 76.29% · institutions 0.00% · other public 41.58%
TO APPOINT A DIRECTOR IN PLACE OF MR. SAKET JAIN (DIN: 02200196), WHO RETIRES BY ROTATION AT THIS ANNUAL GENERAL MEETING AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENT.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.27% · promoters 76.29% · institutions 0.00% · other public 41.58%
TO APPOINT A DIRECTOR IN PLACE OF MR. ABHAYKUMAR MAHIPALSINGH JAIN (DIN: 00343757), WHO RETIRES BY ROTATION AT THIS ANNUAL GENERAL MEETING AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENT.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.27% · promoters 76.29% · institutions 0.00% · other public 41.58%
APPROVAL FOR MATERIAL RELATED PARTY TRANSACTION FOR PAYMENT OF REMUNERATION TO MR. VIJAYPAL JAIN (DIN: 00343712) AS A MANAGING DIRECTOR.
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 16.44% · promoters 0.00% · institutions 0.00% · other public 37.99%
APPROVAL FOR MATERIAL RELATED PARTY TRANSACTION FOR PAYMENT OF REMUNERATION TO MR. SAKET JAIN (DIN: 02200196) AS A WHOLE-TIME DIRECTOR.
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 16.44% · promoters 0.00% · institutions 0.00% · other public 37.99%
APPROVAL FOR MATERIAL RELATED PARTY TRANSACTION FOR PAYMENT OF REMUNERATION TO MR. VIKAS JAIN (DIN: 00301277) AS A WHOLE-TIME DIRECTOR.
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 16.44% · promoters 0.00% · institutions 0.00% · other public 37.99%
APPROVAL FOR MATERIAL RELATED PARTY TRANSACTION FOR PAYMENT OF REMUNERATION TO MR. ABHAYKUMAR MAHIPALSINGH JAIN (DIN: 00343757) AS A WHOLE-TIME DIRECTOR.
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 16.44% · promoters 0.00% · institutions 0.00% · other public 37.99%
RE-APPOINTMENT OF MR. VIJAY PAL JAIN AS MANAGING DIRECTOR OF THE COMPANY
Special
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.27% · promoters 76.29% · institutions 0.00% · other public 41.58%
APPROVAL FOR ENTERING INTO MATERIAL RELATED PARTY TRANSACTIONS FOR PURCHASE AND SALE OF GOODS AND MATERIALS WITH MASS TRANSIT EQUIPMENT INDIA LLP.
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 16.44% · promoters 0.00% · institutions 0.00% · other public 37.99%
RE-APPOINTMENT OF MR. SAKET JAIN (DIN: 02200196) AS WHOLE-TIME DIRECTOR OF THE COMPANY.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.27% · promoters 76.29% · institutions 0.00% · other public 41.58%
RE-APPOINTMENT OF MR. VIKAS JAIN (DIN: 00301277) AS WHOLE-TIME DIRECTOR OF THE COMPANY.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.27% · promoters 76.29% · institutions 0.00% · other public 41.58%
RE-APPOINTMENT OF MR. ABHAYKUMAR MAHIPALSINGH JAIN (DIN: 00343757) AS WHOLE-TIME DIRECTOR OF THE COMPANY.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.27% · promoters 76.29% · institutions 0.00% · other public 41.58%
APPOINTMENT OF MR. AJAY MAHIPAL SINGH JAIN (DIN: 01287154) AS WHOLE-TIME DIRECTOR OF THE COMPANY.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.27% · promoters 76.29% · institutions 0.00% · other public 41.58%
APPROVAL FOR MATERIAL RELATED PARTY TRANSACTION FOR PAYMENT OF REMUNERATION TO MR. AJAY MAHIPAL SINGH JAIN (DIN: 01287154) AS A WHOLE-TIME DIRECTOR.
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 16.44% · promoters 0.00% · institutions 0.00% · other public 37.99%
APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS FOR PAYMENT OF RENT TO ARCHANA JAIN RELATIVE OF KMP.
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 16.44% · promoters 0.00% · institutions 0.00% · other public 37.99%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.Promoters and their stake

Half-year to Mar 2026: ₹4.18 Cr22 dealings
Half-year to Sep 2025: ₹4.82 Cr2 dealings

Between	Dealing
MILTON INDUSTRIES LIMITED and Mass Transit Equipment India LLPRELATED PARTY	Sale of goods or services	2.16	4,523.76	7,481.40
MILTON INDUSTRIES LIMITED and Mass Transit Equipment India LLPRELATED PARTY	Purchase of goods or services	1.83	4,523.76	7,481.40
MILTON INDUSTRIES LIMITED and BHAUMIK JAINRELATED PARTY	Remuneration	0.07	2,029.24	7,176.00
MILTON INDUSTRIES LIMITED and PRITI JAINRELATED PARTY	Interest paid	0.03	48,189.55	0.00
MILTON INDUSTRIES LIMITED and BABITA JAINRELATED PARTY	Interest paid	0.02	33,946.99	12,774.52
MILTON INDUSTRIES LIMITED and CS RONAK MAHESHWARIKMP	Remuneration	0.02	588.03	0.00
MILTON INDUSTRIES LIMITED and VIKAS JAIN HUFRELATED PARTY	Interest paid	0.01	15,883.42	0.00
MILTON INDUSTRIES LIMITED and BHAUMIK JAINRELATED PARTY	Interest paid	0.01	2,029.24	7,176.00
MILTON INDUSTRIES LIMITED and VIJAIPAL JAIN - H.U.F.RELATED PARTY	Interest paid	₹53,000	7,528.30	0.00
MILTON INDUSTRIES LIMITED and ABHAYBHAI JAIN - HUFRELATED PARTY	Interest paid	₹24,000	3,395.06	0.00
MILTON INDUSTRIES LIMITED and SMT.GARGI JAINRELATED PARTY	Interest paid	₹22,000	3,091.54	0.00
MILTON INDUSTRIES LIMITED and AJAY M. JAINKMP	Interest paid	₹15,000	4,110.25	3,259.95
MILTON INDUSTRIES LIMITED and PRERIT KUMAR JAINRELATED PARTY	Interest paid	₹14,000	9,539.16	3,748.25
MILTON INDUSTRIES LIMITED and Milton Exports (I) P LtdRELATED PARTY	Interest paid	₹9,000	1,441.51	8,739.98
MILTON INDUSTRIES LIMITED and SAKET JAIN - HUFRELATED PARTY	Interest paid	₹9,000	1,254.90	0.00
MILTON INDUSTRIES LIMITED and RAJENDRAPRASAD JAINRELATED PARTY	Interest paid	₹6,000	0.00	0.00
MILTON INDUSTRIES LIMITED and ABHAY M. JAINKMP	Interest paid	₹5,000	0.00	0.00
MILTON INDUSTRIES LIMITED and ARCHANA JAINRELATED PARTY	Interest paid	₹5,000	0.00	0.00
MILTON INDUSTRIES LIMITED and AJAY M. JAIN - HUFRELATED PARTY	Interest paid	₹2,000	353.64	378.39
MILTON INDUSTRIES LIMITED and DHARAMPAL A.JAINRELATED PARTY	Interest paid	₹2,000	333.95	357.33
MILTON INDUSTRIES LIMITED and HARANAMDAS TRADING CO.RELATED PARTY	Interest paid	₹2,000	286.22	256.63
MILTON INDUSTRIES LIMITED and VINIT JAINRELATED PARTY	Interest paid	₹1,000	131.62	140.83

The 22 largest of 22 dealings in the half-year to Mar 2026, ₹ crore.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

Received
Resolved

Open at the quarter's end

None open at any quarter's end.

The filing has a part on fines and penalties: No
The filing has a part on tax disputes: No

The company's own answers in its filing.