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 availability from March 24, 2026.

Summary

Metropolis Healthcare Limited (Scrip Code: 542650) has announced a bonus issue of 15,54,95,826 equity shares with face value of INR 2/- each in a 3:1 ratio. For every 1 existing equity share held, shareholders will receive 3 bonus equity shares. The record date has been fixed as Friday, March 20, 2026.

Key Points

  • Bonus issue ratio: 3:1 (3 bonus shares for every 1 existing share held)
  • 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: March 20, 2026 (Friday)
  • Deemed allotment date: March 23, 2026 (T+1, next working day after record date)
  • Bonus shares will be credited to depository system by 12 P.M. IST on March 23, 2026
  • Trading of bonus shares begins: March 24, 2026 (T+2)

Regulatory Changes

No new regulatory changes introduced. This circular is an undertaking submitted to BSE under Annexure-F pursuant to Record Date intimation, in compliance with existing listing obligations.

Compliance Requirements

  • Metropolis Healthcare Ltd has undertaken to credit bonus shares in the depository system by 12 P.M. IST on the deemed allotment date (March 23, 2026)
  • The company must ensure bonus shares are available for trading from the start of trading on March 24, 2026
  • Filing submitted by Kamlesh C Kulkarni, Head – Legal & Secretarial, Metropolis Healthcare Limited

Important Dates

  • March 20, 2026: Record date for determining eligible shareholders
  • March 23, 2026: Deemed allotment date; bonus shares credited to depository by 12 P.M. IST
  • March 24, 2026: Bonus shares available for trading (beginning of day)

Impact Assessment

The 3:1 bonus issue will triple the number of shares held by existing shareholders as of the record date, resulting in a proportional adjustment to the share price. This significantly increases liquidity in the stock. Existing shareholders of METROPOLIS (542650) need to ensure their holdings are in order before March 20, 2026 to be eligible. The large issuance of over 15.5 crore new shares will expand the total share capital substantially, which may attract retail investor interest due to the lower post-bonus price point.

Impact Justification

A 3:1 bonus issue significantly increases share count and affects share price; directly relevant to existing shareholders and traders of Metropolis Healthcare Ltd.