Announced Wed, 24 Jun · 20:15 IST
Rights Issue closing date revised to June 25, 2026
Fund Raising View source PDF
SHAH · price
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Price reaction · full curve 14 horizons · vs prior close
-6.4%1-day move
₹4.39
prior close
₹4.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.8+2.2+2.9-3.6-6.4-5.9-5.2+8.2+10.7+9.6+3.0+3.6——
Up moveDown movePending
AI summary
Shah Metacorp Rights Issue Committee has shortened the issue closing date extension. The rights issue, which opened June 11, 2026 and was set to close June 24, will now close June 25, 2026, instead of the earlier proposed July 3. The issue is for up to 10.24 crore equity shares at ₹4.86 per share, aggregating up to ₹4,980 Lakhs. The extension stays within the 30-day SEBI limit. If stock exchanges do not approve the shortened period, the issue remains open till July 3, 2026.
Likely market impact
Existing shareholders get one extra day to subscribe. Faster allotment and listing expected.