Metro Brands Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2025
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Metro Brands has informed the exchanges about its 48th AGM to be held on Thursday, September 18, 2025 at 3:00 PM via video conferencing. Key agenda items include adoption of audited financial statements for FY ended March 31, 2025, confirmation of interim dividend of ₹3 per share and special dividend of ₹14.50 per share already paid, and declaration of a final dividend of ₹2.50 per share — taking total FY25 dividends to ₹20 per share on shares of ₹5 face value. The notice also seeks shareholder approval for re-appointment of Managing Director Farah Malik Bhanji by rotation, re-appointment of Whole-Time Director Mohammed Iqbal Hasanally Dossani for 5 years at remuneration not exceeding ₹1.5 crore per annum, and approval of ₹5 crore annual remuneration for Non-Executive Chairman Rafique Abdul Malik.
The dividend declaration (total ₹20/share for FY25) is a positive signal for income-focused shareholders. Director re-appointments ensure leadership continuity. The AGM is largely procedural but the remuneration approvals and dividend confirmation are key items for shareholder voting.