Metroglobal Ltd — Important, 09-05-2026: Company Update
09-05-2026 · 05:55 pm
Metroglobal Limited has filed its Annual Secretarial Compliance Report, indicating overall adherence to regulatory requirements. The report confirms that Metrochem Capital Trust Limited, a subsidiary, is not considered a material subsidiary based on financial criteria. A significant update: the Securities Appellate Tribunal has reduced a prior two-year market debarment against Metroglobal to just three months. This decision overturns an earlier SEBI order related to the Riddhi Siddhi Gluco Biols Limited matter, offering a clear path forward for the company regarding this past regulatory issue.
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