Shah Metacorp Limited — Others, 07-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Shah Metacorp Limited has announced a board meeting and confirmed that ₹8.38 lakh raised via preferential allotment of warrants has been fully utilized as planned, with no deviations. The funds supported core business expansion, debt repayment, technology and infrastructure investment, and machinery purchases. The pending warrants remain unconverted. This disciplined use of funds is focused on strengthening operations and improving the company’s debt-equity profile, which should enhance shareholder value.