The Duru Shah Family Trust, a member of the promoter group of Metropolis Healthcare Limited, has divested 10,50,000 equity shares, representing 0.51% of the company’s shareholding. The sale was executed through an open market transaction on August 11, 2026. This disclosure complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailing the change in the promoter group’s overall stake in the target company.
Promoter Group Divests Metropolis Healthcare Shares
The Duru Shah Family Trust, identified as a member of the promoter group for Metropolis Healthcare Limited, has completed the sale of a significant portion of its holdings. The trust divested 10,50,000 equity shares of Metropolis Healthcare, which accounts for approximately 0.51% of the company’s total shareholding. This transaction was conducted via an open market sale on August 11, 2026.
Regulatory Disclosure Under SEBI Takeover Code
This disclosure has been made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (SEBI) (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Duru Shah Family Trust, along with its Persons Acting in Concert (PACs), has provided details of their shareholding before and after the disposal.
Shareholding Details
Before the disposal, the Duru Shah Family Trust and its PACs collectively held 2,29,18,740 shares, representing 11.05% of the total share capital. This figure, including shares held by PACs, amounted to 10,13,11,984 shares or 48.85% of the total voting capital. Following the sale of 10,50,000 shares by the trust, the total holding of the promoter group (including PACs) is now 2,18,68,740 shares, equating to 10.54% of the total share capital. The combined stake with PACs stands at 9,92,11,984 shares, or 47.84% of the total voting capital after the transaction.
The shares were sold on the Open Market. The equity share capital of the Target Company before and after the sale remains 20,73,87,568 Equity Shares of face value INR 2/- each, aggregating to INR 41,47,75,136/-. It is noted that the shareholding percentages have been calculated based on the total number of Equity Shares outstanding as of the date of the trade, considering recent allotments made by the company.
Source: BSE
