Metro Brands Ltd (METROBRAND) — Board Meeting | 16 September 2026 (3 announcements)

Metro Brands held its 49th AGM on September 16, 2026 via video conference, with 87 shareholders present. Chairman Rafique Malik chaired the meeting, and Managing Director Farah Malik highlighted 14.2% revenue growth to ₹2,864 crores and 17.3% PAT increase to ₹416 crores for FY2025-26. CEO Nissan Joseph noted 1,032 stores after net 124 additions, 39% e-commerce growth, and new brand partnerships. All resolutions including financial statement adoption, dividend declaration, and director reappointments were passed. Statutory and secretarial audit reports showed no qualifications.

Metro Brands announced the appointment of Mr. Sonny Iqbal as an Independent Director effective August 5, 2026, approved by shareholders at the September 16, 2026 AGM for a five-year term. His background includes 27 years at Egon Zehnder and leadership roles in family business advisory and private equity.

Metro Brands announced the re-appointment of Ms. Farah Malik Bhanji as Managing Director for five years effective April 1, 2027, following shareholder approval at the September 16, 2026 AGM, continuing her leadership in retail expansion and digital transformation.