Metro Brands Limited Receives ESG Rating of 67.7 for FY 2024-25

1 min read     Updated on 30 Mar 2026, 07:59 PM
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AI Summary

Metro Brands Limited disclosed receiving an ESG rating of 67.7 for FY 2024-25 from SES ESG Research Pvt. Ltd. in a regulatory filing on March 30, 2026. The rating was assigned voluntarily without company engagement, based on publicly available data. The disclosure complies with SEBI regulations and enhances transparency for stakeholders regarding the company's environmental, social, and governance practices.

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Metro Brands Limited has disclosed receiving an Environmental, Social, and Governance (ESG) rating of 67.7 for FY 2024-25, as announced in a regulatory filing on March 30, 2026. The rating was assigned by SES ESG Research Pvt. Ltd., marking a significant milestone in the company's sustainability reporting.

ESG Rating Details

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following the SEBI Master Circular dated January 30, 2026. The rating assessment provides stakeholders with insights into the company's environmental, social, and governance practices.

Parameter: Details
ESG Rating: 67.7
Rating Period: FY 2024-25
Rating Agency: SES ESG Research Pvt. Ltd.
Assignment Type: Voluntary (without company engagement)

Independent Assessment Process

The company emphasized that it did not engage SES ESG Research for the rating assignment. The research firm independently prepared their assessment based on data pertaining to Metro Brands available in the public domain for FY 2024-25. This approach ensures an objective evaluation of the company's ESG performance without potential bias from direct company involvement.

Regulatory Compliance and Transparency

The disclosure aligns with SEBI's enhanced focus on ESG reporting and transparency in the Indian capital markets. The rating information has been made publicly available through multiple channels to ensure stakeholder access:

Corporate Governance Framework

The filing was signed by Deepa Sood, Senior Vice President - Legal, Company Secretary & Compliance Officer, demonstrating the company's commitment to proper governance protocols. The digital signature authentication and formal regulatory submission process reflect Metro Brands' adherence to compliance standards and transparency requirements in ESG reporting.

Historical Stock Returns for Metro Brands

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%-0.16%-11.21%-24.93%-9.97%+90.17%

How will Metro Brands' ESG rating of 67.7 influence institutional investor interest and potential inclusion in ESG-focused investment funds?

What specific ESG initiatives might Metro Brands implement to improve its rating in the next assessment cycle?

Will SEBI's enhanced focus on ESG reporting lead to mandatory ESG ratings for all listed companies in India?

Metro Brands Limited Announces Cessation of Independent Director Mr. Srikanth Velamakanni

1 min read     Updated on 24 Mar 2026, 11:57 PM
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AI Summary

Metro Brands Limited announced the cessation of Independent Director Mr. Srikanth Velamakanni effective March 24, 2026, upon completion of his term. The company informed BSE and NSE in compliance with SEBI Listing Regulations and made the information available on its website.

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Metro brands Limited has announced the cessation of Mr. Srikanth Velamakanni as Independent Director, effective from the closure of business hours on March 24, 2026. The cessation occurred upon completion of his term of appointment as an Independent Director of the company.

Regulatory Compliance and Disclosure

The company has informed both BSE Limited and National Stock Exchange of India Limited about this board change in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made pursuant to the relevant SEBI Master Circular dated January 30, 2026.

Director Details and Cessation Information

The following table provides comprehensive details about the directorship cessation:

Particulars: Details
Name and Designation: Mr. Srikanth Velamakanni – Independent Director
Director Identification Number: 01722758
Reason for Change: Cessation upon completion of his term of appointment as an Independent Director
Effective Date: March 24, 2026 (closure of business hours)

Communication to Stock Exchanges

The intimation was formally communicated to both major stock exchanges where Metro Brands Limited shares are listed. The company provided detailed annexure containing all required information as per SEBI regulations. Company Secretary and Compliance Officer Deepa Sood signed the communication on behalf of Metro Brands Limited.

Information Availability

As per standard practice, the company has made this information available on its official website at www.metrobrands.com for stakeholder reference. This ensures transparency and compliance with disclosure requirements for listed companies.

Historical Stock Returns for Metro Brands

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%-0.16%-11.21%-24.93%-9.97%+90.17%

Who will Metro Brands appoint as Mr. Velamakanni's replacement and what expertise will they bring to the board?

How might this board transition impact Metro Brands' strategic initiatives and governance practices in the upcoming fiscal year?

Will this directorship change affect Metro Brands' expansion plans or operational decisions given the timing in March 2026?

More News on Metro Brands

1 Year Returns:-9.97%