Shah Metacorp Limited — Important, 28-06-2025: Committee Meeting Updates

Shah Metacorp Limited has announced a board meeting that approved the preferential allotment of 2 crore convertible equity warrants to promoter Mona Viral Shah at ₹4.71 each, with 25% payment received totaling ₹2.36 Cr. These warrants can be converted into equity shares within 18 months on payment of the balance amount. Additionally, 1.01 crore equity shares were allotted to eight non-promoter investors at ₹4.71 per share, raising approximately ₹4.76 Cr. The allotments will strengthen the company’s capital base, potentially supporting growth and operations.