Shah Metacorp Limited — Others, 28-02-2025: Corrigendum

Shah Metacorp Limited has announced a board meeting on March 5, 2025, to discuss key matters, including the issuance of 18.93 crore equity shares at ₹4.71 each for acquiring stakes in General Capital and Holding Company (85.60%) and Metcorp Trading LLC (80%). The company intends to utilize the proceeds for repayment of loans, working capital, and general corporate purposes, with significant impacts expected on debt reduction and market positioning. This strategic move is anticipated to enhance operational synergies and long-term shareholder value, presenting a positive outlook for investors as the company expands its market reach and capabilities.