Intimation of Completion of Amalgamation of Promoter Group Entities, Receipt of New Certificate of Incorporation and Resulting Change in Shareholding Status
METROGLOBL · price
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Three promoter group companies of Metroglobal Ltd — Anil Dyechem Industries Pvt Ltd, Maiden Tradefin Pvt Ltd (old), and Amaze Trading and Investment Pvt Ltd — have merged into one surviving entity now renamed Maiden Tradefin Pvt Ltd (new). The NCLT Ahmedabad sanctioned the scheme on September 12, 2025, and the merger became effective on November 27, 2025 with a fresh Certificate of Incorporation issued on December 12, 2025. The combined promoter group holding of 79,83,489 shares (64.73% of Metroglobal) remains unchanged — only inter-se consolidation has occurred among the promoter entities. No change in control of Metroglobal has taken place, though Metroglobal is now technically classified as a subsidiary of the merged promoter entity.
This is purely internal promoter group restructuring with no impact on public shareholders' economic interest or shareholding percentage. Total promoter holding in Metroglobal stays at 64.73%, no open offer is triggered, and control remains unchanged — so retail investors should see no material effect on the stock.