Shah Metacorp Limited — Important, 03-06-2025: Updates

Shah Metacorp has announced a board meeting to review the financial results for the quarter and half-year. The company plans a preferential issue of over 18.9 Cr equity shares, 6.65 Cr equity shares, and 4.4 Cr convertible warrants, totaling about 24% of post-issue share capital. Proceeds will be used partly to repay or convert unsecured loans of ₹16.2 Cr and ₹0.32 Cr carrying 12% interest, easing the debt burden and supporting balance sheet strength. Promoter holding will adjust to around 30% post-issue.