Metropolis Healthcare proposes 3:1 bonus issue via postal ballot
METROPOLIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 0.5 pts more than its Healthcare Service Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Metropolis Healthcare is seeking shareholder approval through a postal ballot to issue bonus shares in a 3:1 ratio, meaning 3 new equity shares for every 1 held. The bonus will be issued by capitalising up to INR 31.10 Crore from securities premium, general reserve, and retained earnings. The company had total reserves of INR 1,226.16 Crore as of March 31, 2025. e-Voting runs from Feb 7 to Mar 8, 2026, with results declared on or before March 10, 2026.
Positive for shareholders, rewards loyal investors. Share price will adjust downward proportionally after the record date. No cash outflow for the company.