Rights Issue Allotment - 9.71 Crore Shares at Rs 4.86 Each

Corporate Actions View source PDF Explain this filing

SHAH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹4.11

prior close

₹4.18

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-0.5% vs market

Iron & Steel Products peers, median of 100sector-0.1%+0.6% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.6 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

+0.2

15m

+0.2

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+1.0-0.5-0.1+0.6

Next day

+1.2+1.2+0.0-0.6+1.8

+15.6+2.1+13.5+0.2+15.4

+18.2+1.7+16.5+0.6+17.6

+24.1+1.9+22.1+0.1+24.0

+17.0+1.2+15.8-0.3+17.3

+10.9+1.1+9.9-1.8+12.7

15d

+6.1+1.6+4.5-2.3+8.4

-4.9+0.1-5.0-2.8-2.0

-12.2+6.6-18.8+1.2-13.3

-23.4+5.5-28.8-1.7-21.6

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 100Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shah Metacorp allotted 9,71,63,362 equity shares through its rights issue at Rs 4.86 per share on June 30, 2026, raising about Rs 47.22 crore. This includes Rs 15.37 crore from promoter Mona Shah via loan conversion of unsecured loan. Overall subscription stood at 94.82 percent of the issue size. Paid-up equity capital rose from Rs 88.52 crore to Rs 98.24 crore, a 10.98 percent increase. Promoter holding edged up from 29.15 percent to 29.49 percent.

Likely market impact

About 11 percent equity dilution for existing non-promoter shareholders. Promoter stake rose slightly via loan conversion, signaling promoter commitment to the company.