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

Shah Metacorp has announced a board meeting approving the allotment of 2.4 crore convertible warrants to promoter Mona Viral Shah at ₹4.71 each, with 25% payment received upfront. 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 six non-promoter investors, including Karni Enterprise which took 51 lakh shares, raising ₹5.23 Cr. This capital raise strengthens the company’s equity base to support future growth.