StockWatch
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Trading & Distributors
Regulatory9 Jun 2026, 12:23 pm

Metroglobal Ltd Completes Securities Market Debarment Period

AI Summary

Metroglobal Ltd announced the completion of its debarment period from accessing the securities market, as mandated by an order from the Securities Appellate Tribunal (SAT), Mumbai. The SAT order, dated March 9, 2026, had reduced the original restraint period imposed by SEBI to three months. The company has fully complied with and discharged its obligations under the SAT order. This update follows a previous disclosure made on March 10, 2026, regarding the SAT's ruling in Appeal No. 617 of 2021.

Key Highlights

  • Metroglobal Ltd has completed its debarment period from the securities market.
  • The debarment period was a result of a SAT order dated March 9, 2026.
  • The SAT order reduced the original SEBI restraint to three months.
  • The company has fully complied with the SAT order's directives.
  • This marks a return to normal market access for the company.