Metroglobal Limited has filed a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure provides an update on an order from the Securities Appellate Tribunal (SAT), Mumbai. The company refers to a previous disclosure made on March 10, 2026, regarding a SAT order dated March 09, 2026, passed in Appeal No. 617 of 2021.
The SAT order modified the directions from an earlier SEBI order dated August 11, 2021, which was passed by a Whole Time Member of SEBI. The modification reduced the period of restraint imposed on the company from accessing the securities market to three (3) months from the date of the SAT Order (March 09, 2026).
The company states that it has now fully complied with and completed this prescribed period of restraint with respect to accessing the securities market, thereby discharging its obligations under the SAT order.
An annexure (Annexure-A) is provided with the following details:
- (a) Details of any change in the status and/or any development in relation to such proceedings: The company confirms it has fully complied with and completed the restraint period.
- (b) In the case of litigation against key management personnel or its promoter or ultimate person in control: Not Applicable.
- (c) In the event of settlement of the proceedings, details of such settlement: Not Applicable.
The information has been uploaded to the company's website at www.metrogloballimited.com.
The letter is signed by Hetal Rajeshbhai Koradia, Company Secretary and Compliance Officer (ACS No.:56454).