Metro Brands Limited — Others, 16-01-2025: Change in Director(s)

Metro Brands has announced a board meeting, during which it approved the standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The company reported a revenue of ₹687.86 cr and a profit after tax of ₹94.12 cr for the quarter. Key governance changes include the completion of terms for Independent Directors Mr. Manojkumar Maheshwari and Ms. Aruna Advani on February 5, 2025, and the appointment of Ms. Radhika Piramal and Mr. Bhaskar Bhat as new Independent Directors effective February 6, 2025. This leadership transition, coupled with robust financial performance, could enhance investor sentiment, presenting a positive outlook for the company moving forward.