Metropolis Healthcare’s board has approved a 3:1 bonus issue, granting three bonus shares for each held, pending shareholder and regulatory approval. The board also greenlit the sale of its External Quality Assessment Services (EQAS) division to Metropolis Quality Solutions Private Limited (MQSPL) for up to INR 1.25 crore. The meeting occurred on February 4, 2026, finalizing these strategic decisions.
Bonus Issue Approved
Metropolis Healthcare’s board has approved a bonus issue of equity shares at a ratio of 3:1. This means shareholders will receive three additional shares for every one share they currently hold. The bonus issue is subject to the approval of the members and other applicable statutory and regulatory authorities. The record date for determining shareholders’ eligibility for the bonus issue will be announced later.
EQAS Division Sale to MQSPL
The board has also approved the execution of a Business Transfer Agreement (BTA) for the sale and transfer of its External Quality Assessment Services (EQAS) division to Metropolis Quality Solutions Private Limited (MQSPL), a wholly-owned subsidiary. The sale will be conducted as a slump sale for a consideration of up to INR 1.25 crore, subject to closing adjustments. The consideration will be discharged by MQSPL either in cash, through the issuance of its equity shares or a combination of both. Completion of the business transfer is contingent upon the fulfillment of conditions precedent as stipulated in the BTA.
Financial Performance Highlights
The board reviewed and approved the unaudited standalone and consolidated financial results for Q3 2026 (quarter ended December 31, 2025). Key figures from the standalone results include:
- Revenue from operations: INR 33,478.10 Lakh
- Total Income: INR 33,699.68 Lakh
- Profit before tax: INR 4,232.01 Lakh
- Profit for the period: INR 3,203.27 Lakh
Key figures from the consolidated results include:
- Revenue from operations: INR 40,590.97 Lakh
- Total Income: INR 41,492.52 Lakh
- Profit before tax: INR 5,715.69 Lakh
- Profit for the period: INR 4,208.71 Lakh
Source: BSE
