Metroglobal Limited Shareholders Approve 20% Final Dividend

1 min read Updated on 26 Sept 2025, 01:16 PM

Reviewed by

Riya DScanX News Team

AI Summary

Metroglobal Limited has declared a final dividend of 20% (Rs. 2.00 per equity share) for the financial year 2024-25, approved at the 33rd Annual General Meeting held on September 26, 2025. The dividend will be distributed to holders of the company's 1,23,34,375 equity shares with a face value of Rs. 10.00 each. The AGM, conducted via video conferencing, also addressed the adoption of financial statements, re-appointment of directors and auditors, and other corporate matters.

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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

Particulars	Details
Dividend Rate	20% (Rs. 2.00 per equity share)
Face Value of Shares	Rs. 10.00 each
Total Number of Shares	1,23,34,375
Financial Year	2024-25

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:

Adoption of Audited Financial Statements for FY 2024-25
Declaration of the final dividend
Re-appointment of Mr. Gautam M. Jain as a Director
Re-appointment of KPSJ & Associates LLP as Statutory Auditors for a second term of five years
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.

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