Metroglobal Limited has announced a final dividend of 20% for the financial year 2024-25, as approved by shareholders at the company's 33rd Annual General Meeting (AGM) held on September 26, 2025. The dividend, amounting to Rs. 2.00 per equity share of Rs. 10.00 each, will be distributed to holders of the company's 1,23,34,375 equity shares.

Dividend Details

AGM Proceedings

The 33rd AGM of Metroglobal Limited was conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) in compliance with the circulars issued by the Ministry of Corporate Affairs and SEBI. Key highlights of the meeting include:

• Date and Time: September 26, 2025, from 11:30 a.m. to 11:59 a.m. (IST)
• Chairman: Mr. Gautam M. Jain, Chairman & Managing Director
• Quorum: The requisite quorum was present
• Auditors Present:
  • KPSJ & Associates LLP (Statutory Auditors)
  • Rajni Shah & Associates (Internal Auditors)
  • Mehul Raval and Associates (Secretarial Auditor)

Resolutions Passed

The AGM addressed several important matters, including:

1. Adoption of Audited Financial Statements for FY 2024-25
2. Declaration of the final dividend
3. Re-appointment of Mr. Gautam M. Jain as a Director
4. Re-appointment of KPSJ & Associates LLP as Statutory Auditors for a second term of five years
5. Appointment of Mehul Raval & Associates as Secretarial Auditor for a term of five years

Dividend Payment

Metroglobal Limited has stated that the declared dividend will be paid within the timeline prescribed under the Companies Act, 2013.

Conclusion

The approval of the final dividend reflects Metroglobal Limited's commitment to delivering value to its shareholders. Investors and stakeholders are advised to monitor further announcements from the company regarding the exact dividend payment date and other corporate actions.

In a significant corporate restructuring move, the National Company Law Tribunal (NCLT) has given its approval for the amalgamation of two promoter group companies of Metroglobal Limited with a third promoter group entity. This development, while not directly involving Metroglobal Limited, is set to reshape the shareholding structure within the company's promoter group.

Merger Details

The NCLT has sanctioned a scheme of amalgamation under Sections 230-232 of the Companies Act, 2013, for the merger of the following entities:

1. Anil Dye-Chem Industries Private Limited (Transferor Company No. 1)
2. Maiden Tradefin Private Limited (Transferor Company No. 2)
3. Amaze Trading and Investment Private Limited (Transferee Company)

Impact on Metroglobal Limited

While Metroglobal Limited is not a direct party to the amalgamation scheme, the company will experience changes in its promoter group structure. The merger will result in an inter-se consolidation within the promoter group, altering the internal shareholding dynamics. However, it's important to note that the overall promoter shareholding in Metroglobal Limited will remain unchanged.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Metroglobal Limited has duly informed the BSE Limited about this development. The company has confirmed that a copy of the NCLT Order is available on record.

Next Steps

Following the NCLT approval, the promoter group entities are expected to complete the necessary filings with the Registrar of Companies, as mandated by the provisions of the Companies Act, 2013. This step will formalize the merger process and reflect the new structure of the promoter group.

Conclusion

This corporate action represents a strategic consolidation within Metroglobal Limited's promoter group. While the day-to-day operations of Metroglobal Limited are not directly affected, the restructuring could potentially streamline decision-making processes within the promoter entities. Shareholders and market observers will be keen to see how this internal reorganization might influence the company's governance and strategic direction in the long term.