Metropolis Healthcare Limited has announced the Record Date for the issuance of Bonus Equity Shares in the highly anticipated ratio of 3:1. Following prior approvals, the Board fixed Friday, March 20, 2026, as the Record Date to determine shareholder eligibility. Shareholders will receive three new fully paid-up equity shares, each with a face value of INR 2/-, for every one existing share held. The deemed date of allotment is set for Monday, March 23, 2026.
Metropolis Announces Bonus Share Issuance Details
Metropolis Healthcare Ltd. has finalized the critical dates concerning its forthcoming issuance of Bonus Equity Shares. This action follows the initial recommendation by the Board of Directors and subsequent approval received from the shareholders via postal ballot.
The issuance ratio has been confirmed at 3:1. This means that for every One (1) existing fully paid-up Equity Share held by a shareholder, they will be entitled to receive Three (3) new fully paid-up Equity Shares.
Key Dates for Eligibility
In compliance with relevant regulations, the Board of Directors, acting via Circular Resolution on March 10, 2026, has established the crucial Record Date for determining entitlement:
- Record Date: Friday, March 20, 2026
- Purpose: Determining entitlement for the 3:1 bonus issue.
- Security Details: Equity Shares with a face value of INR 2/- per share.
Allotment Schedule Confirmed
Furthermore, the company has specified the date for the actual allotment of the new bonus shares. The deemed date of allotment has been fixed for Monday, March 23, 2026. This confirms the timeline for stakeholders looking to receive the additional securities.
Source: BSE
