Metropolis Healthcare Limited has successfully completed its postal ballot process for bonus shares issuance, with shareholders providing overwhelming approval through the e-voting mechanism. The company has now submitted the official scrutinizer's report to BSE Limited and National Stock Exchange of India Ltd, confirming the passage of the ordinary resolution with a decisive majority.

Official Documentation and Compliance

Kamlesh C Kulkarni, Head – Legal & Secretarial, submitted the scrutinizer's report on March 09, 2026, through reference MHL/Sec&Legal/2025-26/96. The report confirms that the resolution relating to the Issue of Bonus Shares has been passed by shareholders with the requisite majority. The scrutinizer's report is available on the company's website at www.metropolisindia.com .

Scrutinizer's Detailed Findings

Sunny Gogiya from SGGS & Associates, appointed as scrutinizer through Board resolution dated February 04, 2026, conducted the comprehensive vote counting process. The scrutinizer's report provides detailed breakdown of the voting results and confirms compliance with all regulatory requirements.

E-Voting Process and Timeline

The postal ballot was conducted exclusively through electronic voting, with National Securities Depository Limited serving as the Electronic Voting Service Provider. The e-voting period commenced on Saturday, February 07, 2026 at 09:00 a.m. IST and concluded on Sunday, March 08, 2026 at 05:00 p.m. IST.

The postal ballot notice was dispatched on February 06, 2026, to all members whose email addresses were registered with the company as on the cut-off date of January 30, 2026. Public notices were published on February 07, 2026 in The Free Press Journal (English) and Navshakti (Marathi) newspapers.

Regulatory Compliance and Transparency

The vote counting process was conducted on March 09, 2026, in the presence of witnesses Nancy Tahlyani and Rohan Rami, who are not employees of the company. The entire process was conducted in compliance with Sections 108 and 110 of the Companies Act, 2013, Regulation 44 of SEBI Listing Regulations, and MCA Circulars including the latest No. 03/2025 dated September 22, 2025.

The voting results have been made available on multiple platforms including the company's website, NSDL's portal at www.evoting.nsdl.com , and stock exchange websites at www.bseindia.com and www.nseindia.com .

Resolution Implementation

With the ordinary resolution for bonus shares issuance declared passed with overwhelming shareholder support of 98.36%, the company can now proceed with the bonus shares issuance as per the terms outlined in the postal ballot notice. The strong shareholder confidence demonstrates support for the company's capital restructuring initiative.

Metropolis Healthcare has approved the issuance of bonus equity shares at a ratio of 3:1, marking a significant corporate action for the healthcare diagnostics company.

Bonus Share Details

The approved bonus issue will provide shareholders with substantial additional equity holdings in the company.

Impact on Shareholders

Under this bonus share scheme, existing shareholders will receive three additional equity shares for every one share they currently hold. This corporate action will increase the total number of shares outstanding while maintaining the proportional ownership structure for all shareholders.

The bonus issue represents a method of rewarding shareholders by capitalizing reserves and distributing additional shares without requiring any payment from investors. This action typically makes shares more affordable and accessible to a broader range of investors while maintaining the overall market capitalization of the company.