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.

Metroglobal Limited has announced the successful completion of the amalgamation process involving three promoter group entities, following the National Company Law Tribunal (NCLT) approval received earlier. The company has informed BSE Limited about the completion of this corporate restructuring under Regulation 30 of SEBI regulations.

Amalgamation Implementation Details

The NCLT Ahmedabad Bench had sanctioned the scheme of amalgamation under Sections 230-232 of the Companies Act, 2013, with an appointed date of April 01, 2024. The transferee company filed Form INC-28 with the Registrar of Companies, which was approved on November 27, 2025, making the scheme effective.

Certificate of Incorporation and Name Change

The Ministry of Corporate Affairs, Central Processing Centre, issued a Certificate of Incorporation pursuant to change of name on December 12, 2025. The transferee company's name has been changed from Amaze Trading and Investment Private Limited to Maiden Tradefinprivate Limited, in accordance with the approved composite scheme of amalgamation.

Shareholding Consolidation Impact

The completion of the amalgamation has resulted in significant consolidation within the promoter group structure. All shareholdings of the three promoter group companies in Metroglobal Limited have now vested into the merged entity.

Regulatory Compliance and Control Structure

The company has emphasized that this amalgamation represents an inter-se consolidation within the promoter group, with no change in the overall promoter shareholding percentage in Metroglobal Limited. The restructuring does not result in any change in control over the company, as the promoter group remains the same with only internal reorganization taking place.

Corporate Status Update

Following the merger completion, Metroglobal Limited's status has changed from "not a subsidiary" to "subsidiary of the merged entity." However, the company maintains that there is no change in control, and the promoter group structure remains fundamentally unchanged despite the internal consolidation.