Shah Metacorp Limited — Important, 03-07-2025: Committee Meeting Updates

Shah Metacorp Limited has announced a board meeting on the allotment of 1.15 crore equity shares to three non-promoter investors via preferential issue at ₹4.71 per share, raising ₹5.42 crore. Post allotment, Karni Enterprise’s stake increased to 3.42%, while Savitaben Vaghani and Bhupendra L Patel each acquired 0.37% ownership. This infusion of capital from new investors is aimed at supporting the company’s growth plans and improving its financial position.