ALPHA TRIBE

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

07-05-2025 | 06:05 am

Shah Metacorp has announced a board meeting on approving audited consolidated financial results for the quarter and half-year, reporting revenue of ₹179.18 Cr and PAT of ₹32.60 Cr for the year. The company converted 90 lakh share warrants and issued 14.3 Cr equity shares at ₹4.02 each, raising paid-up capital to ₹59.39 Cr. Subsidiaries Shah Agrocorp and Western Urja Pvt Ltd are now consolidated. A significant provision of ₹63.97 Cr was set aside against ₹88.82 Cr of overdue trade receivables, indicating recovery challenges. No dividends or operational updates declared.

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