Shah Metacorp Limited — Board Meeting, 07-05-2025: Outcome of Board Meeting

Shah Metacorp has announced a board meeting approving the audited consolidated financial results for the quarter and half-year. Revenue climbed to Rs. 176.16 Cr with a profit after tax of Rs. 32.60 Cr, boosted by better operations and tight cost control. The company raised its authorized share capital from Rs. 50 Cr to Rs. 110 Cr and issued 14.3 Cr equity shares at Rs. 4.02 each to non-promoters via preferential allotment. It also converted 90 lakh share warrants into equity. Subsidiaries Shah Agrocorp and Western Urja were consolidated. A Rs. 63.97 Cr provision was made against long outstanding receivables, reflecting cautious financial management amid growth and equity dilution.