Shah Metacorp Limited — Board Meeting, 26-06-2025: Outcome of Board Meeting

Shah Metacorp has announced a board meeting approving a preferential allotment of 2.4 crore convertible warrants to promoter Mona Viral Shah at ₹4.71 each, with 25% consideration already received. These warrants can be converted into equity shares within 18 months on payment of the balance amount. Additionally, 1.11 crore equity shares were allotted to seven non-promoter investors for a total of ₹5.23 Cr at the same price. The fundraising will likely bolster the company’s capital base for upcoming growth initiatives. The board meeting lasted 30 minutes and was chaired by Director Mona Shah.