The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dr. Sushil Shah
METROPOLIS · price
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Dr. Sushil Shah, promoter of Metropolis Healthcare, has transferred 11,67,058 equity shares (2.25% of the company) to the Sushil Shah Family Trust, also classified as a promoter entity. The transfer was done via inter-se transfer (between promoter group entities) on May 29, 2025. After this transfer, Dr. Sushil Shah personally holds zero shares in the company, but the combined promoter group holding remains unchanged at 48.89%. The total share capital and voting capital of the company remain the same, indicating this is a restructuring of promoter holdings rather than a change in overall promoter ownership.
This is a routine inter-se transfer within the promoter group, likely for succession or estate planning purposes. There is no change in the total promoter stake, so there is no material impact on shareholders or the stock price. The transaction merely moves shares from the founder's personal account to a family trust entity.