Back

Corporate News
Shah Metacorp Limited allotted 27.5 million shares to a director, exercising convertible warrants As on : 10-Sep-26  21:42

Shah Metacorp Limited announced the allotment of 2,75,00,000 fully paid-up equity shares to Ms. Mona Viral Shah, a promoter and director, following the exercise of conversion options attached to convertible warrants previously issued on a preferential basis. The allotment, finalized at a price of Rs 4.71 per share, included 1,00,00,000 shares related to warrants issued on June 28, 2025, and 1,75,00,000 shares linked to warrants issued on June 26, 2025, resulting in an increase of the company's paid-up equity share capital from Rs 99,23,74,228 to Rs 1,01,98,74,228.