Metro Brands Limited shareholders approved the reappointment of Farah Malik Bhanji as managing director for a five-year term. The appointment takes effect on April 1, 2027.

The decision was ratified at the company’s 49th annual general meeting held on September 16, 2026. Ms. Bhanji, who is not liable to retire by rotation, will continue to lead the firm’s strategic direction.

Leadership Profile

Ms. Bhanji joined Metro Brands in 2000 and has held various roles before ascending to the managing director position. An alumnus of the University of Texas at Austin, she also attended the Owner/President Program at Harvard Graduate School of Business.

With over two decades in retail, she has overseen the expansion of the store network from 100 outlets in 2010 to more than 1,000 stores across India. Her tenure has focused on technological advancement, data-driven decision-making, and AI adoption.

Corporate Governance

The filing confirms that Ms. Bhanji is the daughter of Chairman Rafique Abdul Malik and sister of Whole-Time Director Alisha Rafique Malik. The company stated she is not debarred from holding office by SEBI or any other authority.

The appointment was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Metro Brands Limited shareholders have approved the appointment of Sonny Iqbal as an independent director. The appointment takes effect from August 5, 2026.

The company confirmed the ratification in a filing with stock exchanges on September 16, 2026. Shareholders approved the move at the 49th Annual General Meeting held on the same date.

Appointment Details

Mr. Iqbal will serve a term of five years. He is appointed as a non-executive independent director and is not liable to retire by rotation. The company stated he satisfies the independence criteria under the Companies Act, 2013, and SEBI Listing Obligations Regulations.

Professional Background

Mr. Iqbal brings extensive experience in leadership development and family enterprise advisory. He spent 27 years at Egon Zehnder, helping establish its offices in New Delhi, Bengaluru, and Mumbai. He currently serves as a Senior Advisor at the firm.

He co-founded Egon Zehnder’s global Family Business Advisory Practice, guiding multigenerational enterprises through succession and governance structures. His work has been published in six articles in the Harvard Business Review. Additionally, he serves as a Senior Advisor at ChrysCapital, one of India’s largest private equity firms.

Prior to his tenure at Egon Zehnder, Mr. Iqbal held key positions with the Oberoi Group across India, the UK, and the Middle East. He also managed the financial and travel services business of American Express in India. He holds an MBA in Marketing from the University of Surrey, UK.