Metropolis Healthcare Ltd shares are trading ex-record date today for their 3:1 bonus issue, marking the first-ever bonus issue announced by the diagnostic services provider. According to The Economic Times, the company had earlier announced the bonus issue in February while releasing its October-December quarter results for FY26. The board approved the issue of bonus shares in the ratio of 3:1, meaning three fully paid-up equity shares of face value ₹2 each for every one fully paid-up equity share of face value ₹2 each held by shareholders. The record date was fixed as March 20, 2026, with shares trading ex-bonus from this date.
As per The Economic Times, if a shareholder owns one share worth ₹100, the 3:1 bonus issue will convert the holding into four shares worth around ₹25 each. The total value of the holding remains unchanged at ₹100. Once the stock begins trading ex-bonus, the price appears to fall sharply, but this simply reflects the adjustment following the corporate action. Only shareholders who owned the stock on the record date are eligible to receive the bonus shares, with bonus issues consisting of free shares distributed by a company from its reserves and often seen as a sign of strong financial health and growth prospects.
According to The Economic Times, Metropolis Healthcare shares have gained around 4% in the past five days, but declined around 7% in the past one month. The small-cap stock has dropped nearly 11% in the past six months and around 5% in 2026 so far. The stock currently has a P/E ratio of around 56 and a market capitalisation of ₹9,382 crore as per data on NSE. While the issue of bonus shares increases the total number of outstanding shares, it does not change the company's market capitalisation, though it can improve liquidity and affordability, allowing more investors to invest in the stock.
At least six corporate actions are scheduled to take place next week, according to the BSE website. The most significant includes Metropolis Healthcare Ltd shares trading ex-date for bonus shares in a 3:1 ratio with a record date of March 20, 2026. Other notable actions include 5paisa Capital Ltd trading ex-date for right issue of equity shares on March 17, 2026, and DIC India Ltd offering final dividend of ₹3 per share with record date also on March 16, 2026. Additionally, V2 Retail has fixed Thursday, March 26, 2026 as the record date for determining eligibility for a 10:1 stock split.
Engine gasket manufacturer Banco Products (India) Ltd has announced a second interim dividend of ₹8 per share for financial year 2025-26, with the record date fixed as Thursday, March 19, 2026. The company stated that dividend payment will be made on or after Wednesday, March 25, 2026. Additionally, Mishra Dhatu Nigam Ltd has set March 18, 2026 as the record date for its interim dividend of ₹0.85 per share. Maha Rashtra Apex Corporation Ltd will also trade ex-date for right issue of equity shares on March 20, 2026.
