Shah Metacorp Limited — Important, 02-07-2025: Committee Meeting Updates

Shah Metacorp Limited has announced a board meeting approving the allotment of 78 lakh equity shares on a preferential basis to three non-promoter investors for a total consideration of ₹3.67 crore at ₹4.71 per share. Post allotment, Karni Enterprise’s stake rises to 2.50%, Tirth Patel’s to 0.16%, and Journey Ventures holds 0.37%. This capital infusion strengthens the company’s equity base and is likely aimed at supporting growth or operational needs, providing retail investors clarity on shareholding changes and fresh cash inflow.