Metropolis Healthcare Ltd has announced its first-ever bonus issue for shareholders, marking a significant corporate action for the diagnostic company. According to reports from ET Now, the healthcare sector company announced the bonus issue in February 2026 with specific terms and conditions outlined in its exchange filing. The company stated that the bonus equity shares will be issued in the proportion of 3:1, meaning shareholders will receive 3 fully paid-up equity shares of face value ₹2 each for every 1 fully paid-up equity share held on the record date. As reported by Trade Brains, this bonus issue is expected to improve liquidity in the stock and attract greater investor participation.
The company has fixed March 20, 2026, as the record date for the bonus issue eligibility. As reported by ET Now, the Board of Directors via Circular Resolution passed on March 10, 2026, to establish this record date. The record date serves as the cut-off date when companies identify shareholders eligible for dividends, stock splits, or bonus issues, ensuring proper eligibility verification for all stakeholders. According to Trade Brains, if an investor holds 1,000 shares, they will receive 3,000 bonus shares, increasing their total holding to 4,000 shares after the bonus issue.
According to ET Now reports, Metropolis Healthcare commands a market cap of ₹9,350.48 crore as of March 15, 2026, based on BSE data. The stock closed at ₹1,804 on Friday, down 0.80% from its previous closing. The company's 52-week share price range spans from ₹1,383.70 to ₹2,259.30, providing context for the current trading levels. As reported by Trade Brains, the company's shares closed at ₹542 apiece, increased around 1 percent as compared to the previous closing price.
As explained by ET Now, bonus shares are issued by companies to boost liquidity, attract individual investors by reducing the share price, and convey financial health. The bonus issue follows standard corporate action procedures where eligibility involves holding shares prior to the company's ex-date and record date. The 1:3 bonus ratio means shareholders will receive an additional 200% of their existing holdings, with the share price changing proportionally to maintain the company's market capitalization. According to Trade Brains, bonus shares are additional shares issued to existing shareholders without extra cost, increasing their holdings while reflecting the company's confidence in its financial strength and future growth prospects.
