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Promoter divests 6.03% stake in Metropolis Healthcare

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Capital Market

Promoter Group holding drops to 50.81% post divestment

Metropolis Healthcare announced that a member of the Promoter Group of the Company has divested 3,054,545 equity shares of the Company constituting 6.03% of the issued and paid-up share capital of the Company through a bulk deal transaction on the Stock Exchanges on 24 June 2020.

Post this divestment, the Promoter along with the Promoter Group holding in the Company would constitute 50.81% of the paid up capital of the Company, which was 56.84% before the above stake divestment.

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First Published: Jun 25 2020 | 9:26 AM IST

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