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Promoters have no intention to exit business: Metropolis Healthcare; Stock dips 1%

Promoters have no intention to exit the business and are in fact focused on strengthening the Metropolis Brand, said company.

June 14, 2022 10:34 IST | India Infoline News Service
Metropolis Healthcare Ltd stock is in focus today after the clarificaton on promoter stake sale buzz.

In an official statement company said, "Metropolis Healthcare continuously explores various strategic options/investment opportunities. On account of which MHL keeps receiving inbound interest from Financial Institutions and Companies part of the Healthcare eco-system for a potential minority stake purchase in MHL. We are conscious of our disclosure requirement, and we do not have anything concrete at this point of time to notify to stock exchanges."

Further it added, the Company, its promoters and management team is committed to operating Metropolis Healthcare Limited with the highest standards of medical science, stakeholder trust and customer engagement. Promoters have no intention to exit the business and are in fact focused on strengthening the Metropolis Brand.

Any step taken by the promoters and management team will be in the view of long-term growth prospects of the company and in the best interest of all stakeholders, said company.

At around 10:34 am, Metropolis Healthcare was trading at Rs1480.30 per piece lower by 1.26% on the BSE.

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