Shah Metacorp Limited — Important, 04-07-2025: Committee Meeting Updates
04-07-2025 | 01:02 pm
04-07-2025 | 01:02 pm
Shah Metacorp Limited has announced a board meeting outcome approving a preferential allotment of 1.05 Cr equity shares to non-promoter investors at ₹4.71 per share, raising ₹4.95 Cr. Additionally, 18.93 Cr equity shares will be allotted via share swap to promoters and a non-promoter entity, boosting their stakes significantly. This capital infusion and share swap reflect strategic efforts to strengthen the company’s financial position and shareholder base, which could support future growth and operational flexibility.
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