Metropolis Healthcare Limited has informed the Exchange that Record date for the purpose of Bonus is 20-Mar-2026.
METROPOLIS · price
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Metropolis Healthcare has fixed Friday, March 20, 2026, as the record date for its 3:1 bonus issue, meaning shareholders will receive three new equity shares for every one share held. The new shares will have a face value of INR 2 each, matching the existing shares, and the deemed date of allotment is Monday, March 23, 2026. The bonus was earlier recommended by the Board on February 4, 2026, and approved by shareholders through a postal ballot. The current paid-up equity share capital stands at approximately INR 10.37 crore. This is purely a capital restructuring exercise and does not involve any cash outflow or change in the company's overall market value.
Retail shareholders will see their share count quadruple after the ex-date, but the share price will adjust downward proportionally, keeping the total value of their holding unchanged. Bonus issues in high ratios like 3:1 are generally viewed positively as they improve share liquidity and affordability for smaller investors, though they do not add fundamental value.