MUMBAI : Diagnostics chain Metropolis Healthcare Ltd's promoter Duru Sushil Shah has divested 3.05 million shares or 6.03% per cent stake in the company for ₹422.58 crore.The promoter shareholder divested 30,54,545 equity shares of the company constituting 6.03% of the issued and paid-up share capital of the company through a bulk deal at a price of ₹1,383.44 per equity share, Metropolis Healthcare said in a regulatory filing on Thursday.The proceeds from this divestment are intended to be used for repayment of loans availed by Metz Advisory LLP, a promoter group entity, according to the filing.
The pledge of equity shares of the company created in favour of the lenders by Metz Advisory LLP, Ameera Shah, Sushil Shah and Duru Sushil Shah,.