StockWatch
·
Footwear
Board Meeting4 Aug 2026, 07:43 pm

Metro Brands Board Approves Unaudited Results, Declares Dividend Record Date

AI Summary

Metro Brands Ltd announced its unaudited financial results for the quarter ended June 30, 2026, at a Board Meeting held on August 04, 2026. The company also approved the convening of its 49th Annual General Meeting (AGM) on September 16, 2026. A record date of September 04, 2026, was set for determining shareholder eligibility for the final dividend for FY 2025-26. Additionally, the board approved the appointment of Mr. Sonny Iqbal as Additional Director and the re-appointment of Ms. Farah Malik Bhanji as Managing Director, both subject to shareholder approval. Several ESOP-related proposals were also approved for shareholder consideration.

Key Highlights

  • Unaudited financial results for Q1 FY27 declared.
  • AGM scheduled for September 16, 2026.
  • Record date set for final dividend payment.
  • New Independent Director appointed; MD re-appointed.
  • ESOP plan amendments and new scheme approved.