Metropolis Healthcare Limited has informed the Exchange regarding Allotment of 4,200 Equity Shares under the Metropolis-Restrictive Stock Unit Plan, 2020
METROPOLIS · price
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Metropolis Healthcare's Nomination and Remuneration Committee approved the allotment of 4,200 equity shares at an exercise price of INR 2 per share, totaling INR 8,400. These shares were issued against RSUs vested and exercised by employees under the MHL-RSU Plan 2020. The shares will rank pari-passu with existing equity shares. Additionally, the committee granted 14,236 RSUs under the Metropolis-RSU Plan 2025 and 2,12,345 stock options under the Metropolis-ESOP Plan 2025, with an exercise price of INR 375.62 per option. Both new schemes have a vesting period of 1 to 4 years and must be exercised within 5 years of vesting. Total share capital after this allotment stands at 20,73,31,968 shares.
The share issuance has minimal dilutive impact on the capital structure given the small quantity. The new ESOP/RSU grants are designed to incentivise and retain employees over the long term, aligning their interests with shareholders.