Description

Metropolis Healthcare Ltd announces a bonus issue of 15,54,95,826 equity shares in a 3:1 ratio with record date March 20, 2026 and trading commencement from March 24, 2026.

Summary

Metropolis Healthcare Ltd (Scrip Code: 542650) has announced a bonus issue of 15,54,95,826 equity shares of face value INR 2/- each in the ratio of 3:1 (three bonus shares for every one existing share held). The record date has been fixed as Friday, March 20, 2026, with allotment on March 23, 2026, and trading of bonus shares commencing from March 24, 2026.

Key Points

  • Bonus issue ratio: 3:1 (3 bonus equity shares for every 1 existing equity share)
  • Total bonus shares to be issued: 15,54,95,826 (Fifteen Crore Fifty-Four Lakh Ninety-Five Thousand Eight Hundred and Twenty-Six)
  • Face value of each bonus share: INR 2/-
  • Record date: Friday, March 20, 2026
  • Deemed allotment date: March 23, 2026 (T+1, next working day after record date)
  • Bonus shares available for trading from: March 24, 2026 (T+2)
  • Bonus shares will be credited in the depository system by 12 P.M. IST on March 23, 2026

Regulatory Changes

No regulatory changes. This is a corporate action (bonus issue) by Metropolis Healthcare Ltd under existing SEBI and BSE listing regulations.

Compliance Requirements

  • The company (Metropolis Healthcare Ltd) undertakes to credit bonus shares in the depository system by 12 P.M. IST on the deemed allotment date (March 23, 2026).
  • BSE Listing Operations department has been formally notified via Annexure – F submission.
  • The undertaking is signed by Kamlesh C Kulkarni, Head – Legal & Secretarial, on behalf of Metropolis Healthcare Limited.

Important Dates

  • March 20, 2026: Record date for bonus issue eligibility
  • March 23, 2026: Deemed allotment date; bonus shares credited to depository by 12 P.M. IST
  • March 24, 2026: Bonus shares available for trading on BSE

Impact Assessment

The 3:1 bonus issue will quadruple the number of outstanding equity shares of Metropolis Healthcare Ltd, which typically results in a proportional reduction in share price (ex-bonus adjustment) on the record date. Existing shareholders as of March 20, 2026 will receive three additional shares for each share held. This is a positive signal of the company’s confidence in its financial health and aims to improve share liquidity and retail participation. Investors and traders holding or planning positions in METROPOLIS (542650) should account for the ex-bonus price adjustment effective March 20, 2026.

Impact Justification

A 3:1 bonus issue significantly increases share count and affects share price; directly impacts existing shareholders and trading activity for METROPOLIS (542650).