Shah Metacorp Limited — Others, 05-02-2025: Amendment to AOA/MOA

Shah Metacorp Limited has announced a board meeting outcome, focusing on several key decisions. The company plans to increase its authorized share capital from ₹90 crore to ₹110 crore, pending shareholder approval. Additionally, the board approved the issuance of up to 18.93 crore equity shares on a preferential basis to both promoters and non-promoters, with 6.65 crore shares for cash consideration and 4.40 crore warrants for a promoter, Ms. Mona Shah. This strategic move aims to enhance financial flexibility and bolster capital structure, potentially boosting investor sentiment amidst increasing shareholding concentration.