METROPOLISNSEMetropolis Healthcare LimitedMediumNeutral
Announced Wed, 13 May · 19:15 IST

Metropolis Healthcare Limited has informed the Exchange regarding Change in Auditors of the company.

Kmp ResignedManagement Changes View source PDF

METROPOLIS · price

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Price reaction · full curve 14 horizons · vs prior close
-5.0%1-day move
₹550.00
prior close
₹600.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.3-4.8-5.2-6.2-5.0-7.9-7.7-5.5-4.5-4.3-3.5-4.4+1.3
Up moveDown movePending
AI summary

Metropolis Healthcare Limited's Board meeting on May 13, 2026 approved multiple items: (1) Audited FY2026 standalone net profit of Rs 15,748.33 lakhs (up 26% from Rs 12,479.60 lakhs) and consolidated net profit of Rs 19,118.20 lakhs, with B S R & Co. LLP giving unmodified audit opinions; (2) Declared 2nd interim dividend of Rs 1 per share (record date May 19, 2026); (3) Appointed Deloitte Haskins & Sells LLP as new statutory auditors for 5 years from the 26th AGM, replacing retiring auditors B S R & Co. LLP who completed their second term; (4) Dr. Nilesh Shah transitioned from President - Internal Assurance to advisory role effective May 14, 2026, and ceased to be classified as Senior Management Personnel from May 13, 2026.

Likely market impact

The auditor change appears routine as B S R & Co. LLP completes its term, and Deloitte is a Big 4 firm, which may bring fresh perspective. The KMP transition (Dr. Nilesh Shah) could signal internal restructuring. Strong profit growth of ~26% YoY and shareholder returns through dividends are positive signals.