Metro Brands Limited announced the outcome of its Board Meeting held on January 27, 2026. The Board approved the unaudited financial results (standalone and consolidated) for the quarter and nine months ended December 31, 2025. Additionally, the Board declared an interim dividend of ₹3 per equity share with a face value of ₹5. The record date for this dividend has been set as February 02, 2026, and the payment will be made within thirty days of declaration. In a significant move, the Board also approved the re-appointment of Mr. Nissan Joseph as the Chief Executive Officer for a period of five years, effective from July 01, 2026. He will continue as a Key Managerial Personnel of the company. Mr. Joseph brings over 22 years of brand management expertise across various countries and has led global retail brands. His re-appointment term will be from July 01, 2026, to June 30, 2031. The company also noted a one-time increase in provision for employee benefits of ₹3.39 crores due to the consolidation of labour legislations into the New Labour Codes.
