
Board Meeting7 Aug 2026, 04:40 pm
Metroglobal Ltd Board Approves Q1 FY27 Unaudited Results, Re-appoints Directors
AI Summary
Metroglobal Ltd's Board of Directors met on August 7, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the re-appointment of Mr. Rahul G. Jain as Whole-time Director and Mr. Gautamkumar Mithalal Jain as Executive Chairman and Managing Director, both for a further term of five years, subject to member approval. Additionally, revisions to loan and investment limits under Section 186 of the Companies Act, 2013, were approved. The 34th Annual General Meeting is scheduled for September 18, 2026, with the Register of Members and Share Transfer Books closed from September 12 to September 18, 2026.
Key Highlights
- Approved unaudited financial results for Q1 FY27.
- Re-appointed Mr. Rahul G. Jain as Whole-time Director for five years.
- Re-appointed Mr. Gautamkumar Mithalal Jain as Executive Chairman & MD for five years.
- Approved revision in limits for loans, guarantees, securities, and investments.
- Scheduled 34th AGM for September 18, 2026.
Price Impact
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