Metroglobal Limited shareholders passed all six resolutions at its 34th Annual General Meeting held on September 18, 2026. The approvals include a final dividend of ₹2.50 per share for FY26 and the reappointment of key management personnel.

The meeting concluded at 11:59 am with no material adverse observations from statutory auditors. The session commenced at 11:30 am via video conferencing in compliance with Ministry of Corporate Affairs and SEBI circulars. Mr. Gautam M. Jain, Chairman & Managing Director, opened the proceedings.

Voting Results Overview

The scrutinizer’s report confirmed that all resolutions were passed with requisite majority. Remote e-voting was open from September 15 to September 17, 2026. A total of 10,597,729 votes were polled out of 12,334,375 shares held by shareholders as on the record date of September 11, 2026.

Dividend and Financial Statements

Shareholders approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The company declared a final dividend of ₹2.50 per equity share of ₹10 face value, representing a 25% payout. This declaration aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Promoter group shareholders, holding 9,217,166 shares, voted 100% in favour of both the financial statements and the dividend resolution. Public non-institutional shareholders polled 1,380,563 votes, with 99.83% supporting the dividend declaration.

Management Reappointments

The AGM approved the reappointment of Mr. Rahul Gautamkumar Jain as Whole-time Director for a five-year term from November 12, 2026, to November 11, 2031. Mr. Jain, who also serves as Chief Financial Officer, has been associated with the company for over a decade. His shares (74,818) were excluded from voting on this resolution as he is an interested party.

Mr. Gautamkumar Mithalal Jain was reappointed as Executive Chairman & Managing Director for a similar five-year term. As an interested party, his shares (1,061,959) and those of Gautamkumar Mithalal HUF (32,900) were excluded from the vote count. The resolution passed with 99.94% support from eligible votes.

Mrs. Krati Rahul Jain was reappointed as a director upon retiring by rotation. Her reappointment received 99.95% support, with only 5,244 votes cast against it primarily from public non-institutional shareholders.

Corporate Governance Updates

The company secured approval to revise the limits for loans and investments under Section 186 of the Companies Act, 2013. This special resolution passed with 99.95% support. The Notice of the AGM and the Annual Report for FY25-26 were taken as read with member permission.

Representatives from KPSJ & Associates LLP (Statutory Auditors), Khokhani & Associates (Internal Auditors), and Mehul Raval and Associates (Secretarial Auditor) attended the virtual session. The requisite quorum was present throughout the proceedings.

Metroglobal has scheduled its 34th Annual General Meeting (AGM) for Friday, September 18, 2026, at 11:30 am. The Board of Directors has recommended a dividend of ₹2.50 per equity share (25%) for the financial year ended March 31, 2026, subject to member approval.

The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with Ministry of Corporate Affairs circulars. The registered office in Ahmedabad will serve as the deemed venue.

Key Dates and Timelines

Shareholders holding shares on the record date will be eligible for the dividend and voting rights. The remote e-voting facility is provided by Central Depository Services (India) Limited (CDSL).

The book closure remains in effect from September 12 through September 18, both days inclusive. Members who cast their votes via remote e-voting may attend the AGM but cannot vote again during the meeting.

Regulatory Compliance and Dispatch

The intimation is issued in accordance with Section 91 of the Companies Act, 2013, and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Hetal Koradia, Company Secretary and Compliance Officer, confirmed the details in the filing dated August 26, 2026.

Pursuant to Regulation 30 and Regulation 47 of the SEBI LODR Regulations, 2015, the notice and Annual Report were dispatched electronically to members with registered email addresses. Physical copies have been dispensed with. The documents are also available on the company website and the CDSL e-voting portal.