Metroglobal Limited has completed the three-month restraint period from accessing the securities market, following an order by the Securities Appellate Tribunal (SAT). The company confirmed on June 09, 2026, that it has fully complied with the directions issued by the SAT in its order dated March 09, 2026. This development marks the conclusion of the debarment period that restricted the company's participation in the securities market.

The SAT had modified the directions contained in an earlier order dated August 11, 2021, passed by the Whole Time Member of SEBI. The March 09, 2026 order reduced the period of restraint imposed on the company to three months from the date of the SAT order. Metroglobal Limited stated that it has duly adhered to these directions and has discharged its obligations under the said order.

The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided details regarding the completion of the debarment period in Annexure – A, which accompanied the regulatory filing.

Details of Proceedings

The following table outlines the status of the proceedings as disclosed by the company:

The information regarding the completion of the debarment period has also been uploaded on the company’s official website. Hetal Koradia, Company Secretary and Compliance Officer, signed the disclosure submitted to the exchange.

Metroglobal Limited has reported its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, as approved by the Board of Directors at their meeting held on May 11, 2026. The statutory auditors, M/s KPSJ & Associates LLP (FRN: 124845W/W100209), have issued an unmodified audit opinion on both standalone and consolidated financial results. The Board also recommended a final dividend of ₹2.5/- per equity share of ₹10/- each (25%) for FY26, subject to shareholder approval at the company's 34th Annual General Meeting. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audited financial results were subsequently published in Business Standard (English) and Jai Hind (Gujarati) newspapers, with a formal intimation filed with BSE Limited on May 13, 2026 by Company Secretary and Compliance Officer Hetal Koradia.

Standalone Financial Performance

Metroglobal's standalone financials reflect a significant improvement in profitability for the financial year ended March 31, 2026. Total income for FY26 stood at ₹24,551.93 Lakhs compared to ₹25,366.36 Lakhs in FY25. Despite a marginal decline in total income, profit after tax surged to ₹2,150.81 Lakhs from ₹936.32 Lakhs in FY25, driven by a notable increase in profit before tax to ₹3,040.51 Lakhs versus ₹1,147.31 Lakhs in the prior year.

The following table summarises the standalone financial performance:

On the standalone balance sheet, total assets as at March 31, 2026 stood at ₹42,553.72 Lakhs compared to ₹40,381.31 Lakhs as at March 31, 2025. Total equity increased to ₹40,874.46 Lakhs from ₹39,503.67 Lakhs. Cash and cash equivalents rose significantly to ₹2,696.95 Lakhs from ₹388.24 Lakhs, while other equity (excluding revaluation reserve) stood at ₹37,715.23 Lakhs versus ₹36,344.40 Lakhs in the prior year. On the standalone cash flow statement, net cash generated from operating activities stood at ₹2,507.09 Lakhs for FY26 versus ₹1,415.68 Lakhs in FY25, while net cash generated from investing activities was ₹4,139.66 Lakhs compared to a net outflow of ₹(1,158.08) Lakhs in the prior year.

Consolidated Financial Performance

On a consolidated basis, Metroglobal reported total income of ₹24,663.48 Lakhs for FY26 compared to ₹25,368.51 Lakhs in FY25. Consolidated profit after tax for FY26 improved substantially to ₹2,209.09 Lakhs from ₹945.34 Lakhs in FY25. The consolidated results include the performance of subsidiary Metrochem Capital Trust Limited and associates/joint ventures including Dual Metals Private Limited, DK Metro Procon Private Limited, Ganesh Infrastructure, PMZ Developers, and Myspace Infracon LLP.

Consolidated total assets as at March 31, 2026 stood at ₹42,689.62 Lakhs versus ₹40,732.72 Lakhs as at March 31, 2025. Total equity on a consolidated basis increased to ₹40,951.01 Lakhs from ₹39,854.85 Lakhs, including minority interest of ₹125.60 Lakhs. Net cash generated from consolidated operating activities was ₹2,797.15 Lakhs for FY26 compared to ₹1,395.53 Lakhs in FY25, while net cash from investing activities stood at ₹4,147.90 Lakhs versus a net outflow of ₹(1,141.73) Lakhs in the prior year.

Segment-Wise Performance

Metroglobal operates across two business segments — Trading & Finance, and Infrastructure & Realty. The following table presents the segment-wise revenue and capital employed on both standalone and consolidated bases:

Standalone capital employed in the Trading & Finance segment stood at ₹39,351.33 Lakhs and in Infrastructure & Realty at ₹1,523.13 Lakhs as at March 31, 2026. On a consolidated basis, capital employed in the Trading & Finance segment stood at ₹39,427.88 Lakhs and in Infrastructure & Realty at ₹1,523.13 Lakhs.

Exceptional Items and Regulatory Developments

During FY26, the company recognised an exceptional income of ₹250 Lakhs, representing a partial recovery of dues from Mundara Estate Developers Limited (MEDL) following the conclusion of the Corporate Insolvency Resolution Process (CIRP). The company had previously recognised an exceptional loss of ₹1,694.35 Lakhs on account of the write-off of unrecovered balances from MEDL. The company continues to pursue all available legal recourses, including enforcement of personal guarantees, to recover the remaining outstanding balance.

Separately, the Hon'ble Securities Appellate Tribunal (SAT), via its order dated March 09, 2026, in Appeal No. 617 of 2021 (in the matter of Riddhi Siddhi Gluco Biols Limited & Ors.), set aside a two-year debarment from the securities market and substituted it with a reduced debarment period of three (3) months from the date of the order. The company has chosen to comply with the order as a matter of prudence and does not expect any material adverse impact on its financial statements. No provision has been recognised in the books of account in this regard.

Corporate Actions and Other Approvals

At the Board meeting held on May 11, 2026, the following key decisions were taken:

• Final Dividend: Recommended a final dividend of ₹2.5/- per equity share of ₹10/- each (25%) for FY26, subject to shareholder approval at the 34th Annual General Meeting.
• Internal Auditor Re-appointment: Re-appointed M/s. Khokhani & Associates, Chartered Accountants (FRN No. 151367W), Ahmedabad, as Internal Auditors for FY2026-27 for a term of one year.
• Audited Financial Statements: Approved audited standalone and consolidated financial statements (Ind AS) for the financial year ended March 31, 2026.

The audited financial results are available on the BSE Limited website at www.bseindia.com and on the company's website at www.metrogloballimited.com .