Meeting Details

  • Meeting Type: 49th Annual General Meeting
  • Meeting Date: September 16, 2026
  • Meeting Time: 3:00 PM to 4:24 PM IST
  • Record Date: September 9, 2026
  • Total Shareholders on Record Date: 58,628
  • Shareholders Attended via VC: 87 (17 Promoters, 70 Public)
  • Total Resolutions: 12

Scrutinizer Details

  • Name: Alifya Sapatwala
  • Firm: M/s. Mehta & Mehta
  • Qualification: Company Secretary
  • Membership Number: 24091
  • Appointment Date: August 4, 2026
  • Report Issuance Date: September 17, 2026

Voting Participation

  • Total Outstanding Shares: 272,592,741
  • Total Votes Polled: 265,236,138 shares (97.3012% turnout)
  • Promoter Holding: 195,691,545 shares (100% voted)
  • Public Institutions Holding: 30,880,064 shares (94.97% voted)
  • Public Non-Institutions Holding: 46,021,132 shares (87.39% voted)

Resolution-wise Voting Results

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

  • Description: To receive, consider and adopt audited standalone and consolidated financial statements for FY ended March 31, 2026
  • Promoter Voting: 195,691,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (100% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (99.9997% in favor)
  • Total Votes: 265,236,034 in favor, 104 against
  • Result: PASSED (100% in favor)

Resolution 2: Ordinary Resolution - Dividend Declaration

  • Description: To confirm interim dividend of ₹3 per share and declare final dividend of ₹3 per share for FY2026
  • Promoter Voting: 195,691,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (100% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (99.9997% in favor)
  • Total Votes: 265,236,034 in favor, 104 against
  • Result: PASSED (100% in favor)

Resolution 3: Ordinary Resolution - Re-appointment of Director

  • Description: To re-appoint Ms. Alisha Rafique Malik (DIN: 10719537) as Whole-time Director
  • Promoter Voting: 187,793,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (94.8071% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (98.7365% in favor)
  • Total Votes: 255,307,025 in favor, 2,031,113 against
  • Result: PASSED (99.2107% in favor)

Resolution 4: Special Resolution - Re-appointment of Managing Director

  • Description: To re-appoint Ms. Farah Malik Bhanji (DIN: 00530676) as Managing Director
  • Promoter Voting: 191,757,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (94.2102% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (98.7365% in favor)
  • Total Votes: 259,095,965 in favor, 2,206,173 against
  • Result: PASSED (99.1557% in favor)

Resolution 5: Special Resolution - Appointment of Independent Director

  • Description: To appoint Mr. Sonny Iqbal (DIN: 02962053) as Independent Director
  • Promoter Voting: 195,691,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (100% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (99.9994% in favor)
  • Total Votes: 265,235,896 in favor, 242 against
  • Result: PASSED (99.9999% in favor)

Resolution 6: Special Resolution - Chairman's Remuneration

  • Description: To approve payment of remuneration to Mr. Rafique Abdul Malik, Non-Executive Chairman
  • Promoter Voting: 192,991,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (82.3418% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (98.7365% in favor)
  • Total Votes: 256,849,248 in favor, 5,686,890 against
  • Result: PASSED (97.8339% in favor)

Resolution 7: Special Resolution - ESOP Plan Amendments

  • Description: To approve amendments in 'METRO Stock Option Plan 2008'
  • Promoter Voting: 195,691,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (71.2982% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (99.9993% in favor)
  • Total Votes: 256,818,282 in favor, 8,417,856 against
  • Result: PASSED (96.8263% in favor)

Resolution 8: Special Resolution - New ESOP Scheme 2026

  • Description: To approve 'Metro Brands Limited - Employee Stock Option Scheme 2026'
  • Promoter Voting: 195,691,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (45.5760% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (98.7333% in favor)
  • Total Votes: 248,765,416 in favor, 16,470,722 against
  • Result: PASSED (93.7902% in favor)

Resolution 9: Special Resolution - ESOP Grants to Subsidiary Employees

  • Description: To approve grant of employee stock options to subsidiary company employees under METRO Stock Option Plan 2008
  • Promoter Voting: 195,691,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (48.3930% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (98.7364% in favor)
  • Total Votes: 249,592,831 in favor, 15,643,307 against
  • Result: PASSED (94.1021% in favor)

Resolution 10: Special Resolution - ESOP Grants to Subsidiary Employees

  • Description: To approve grant of employee stock options to subsidiary company employees under new ESOP Scheme 2026
  • Promoter Voting: 195,691,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (38.5893% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (98.7364% in favor)
  • Total Votes: 246,717,644 in favor, 18,518,494 against
  • Result: PASSED (93.0181% in favor)

Resolution 11: Special Resolution - Share Acquisition for ESOP

  • Description: To approve secondary acquisition of shares for implementation of METRO Stock Option Plan 2008
  • Promoter Voting: 195,691,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (50.7639% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (99.9992% in favor)
  • Total Votes: 250,796,021 in favor, 14,440,117 against
  • Result: PASSED (94.5558% in favor)

Resolution 12: Special Resolution - Funding for Share Purchase

  • Description: To approve provision of money for purchase of own shares by Trust under ESOP plans
  • Promoter Voting: 195,691,545 shares voted (100% in favor)
  • Public Institutions: 29,327,641 shares voted (45.5860% in favor)
  • Public Non-Institutions: 40,216,952 shares voted (98.7364% in favor)
  • Total Votes: 248,769,605 in favor, 16,466,533 against
  • Result: PASSED (93.7917% in favor)

Scrutinizer's Report Summary

  • Remote e-voting period: September 13, 2026 (9:00 AM) to September 15, 2026 (5:00 PM)
  • E-voting facility available during AGM for members attending via VC/OAVM
  • NSDL provided e-voting services
  • Votes unblocked in presence of witnesses Mr. Pranay Rane and Mr. Lucky Yaduwanshi
  • All resolutions passed with requisite majority

Additional Information

  • Voting results and scrutinizer report uploaded on company website (www.metrobrands.com) and NSDL website (www.evoting.nsdl.com)
  • Filed with BSE Limited and National Stock Exchange of India Ltd
  • Signed by Deepa Sood, Chief Legal Officer, Company Secretary and Compliance Officer (Membership No. 16019)