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.

Metroglobal Limited , a diversified company with interests in trading, finance, and infrastructure, has reported robust financial results for the second quarter of fiscal year 2025-26, while also addressing an inadvertent error in its segment-wise revenue data filing.

Q2 Financial Highlights

For the quarter ended September 30, 2025, Metroglobal Limited posted the following key figures:

• Net sales: Rs 6,939.47 lakhs
• Profit after tax: Rs 394.90 lakhs

The company's performance demonstrates resilience in a challenging economic environment, with a focus on its core business segments.

Segment-wise Revenue Correction

Metroglobal Limited has taken steps to rectify an inadvertent typographical error in its consolidated segment-wise revenue data that was submitted earlier. The company has provided the correct figures for its capital employed across different segments:

This correction ensures that stakeholders have accurate information about the company's segment-wise capital allocation and performance.

Dividend Declaration

Metroglobal's Board of Directors has approved and paid a final dividend of Rs 2 per equity share for the financial year. This decision reflects the company's commitment to delivering value to its shareholders.

Corporate Restructuring Update

The company also announced a significant development in its corporate structure. The Hon'ble NCLT, Ahmedabad Bench, has sanctioned a Scheme of Amalgamation under Sections 230-232 of the Companies Act, 2013. This scheme involves the merger of Anil Dye-Chem Industries Private Limited and Maiden Tradefin Private Limited with Amaze Trading and Investment Private Limited, all of which are Promoter Group entities of Metroglobal Limited.

While Metroglobal Limited is not a direct party to the scheme, this merger will result in an inter-se consolidation of the promoter shareholding structure. Importantly, the overall promoter holding in Metroglobal Limited will remain unchanged following this restructuring.

Looking Ahead

Metroglobal Limited's strong Q2 performance, coupled with its proactive approach to correcting financial data and streamlining its corporate structure, positions the company well for future growth. The management's focus on transparency and shareholder value is evident in these recent developments.

Investors and stakeholders will likely keep a close eye on how these changes impact the company's operations and market position in the coming quarters.