Announced Tue, 30 Jun · 11:47 IST
Rights Issue completed, 9.71 crore shares allotted at Rs 4.86 each
Corporate Actions View source PDF
SHAH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹4.11
prior close
₹4.19
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.2——+1.2+15.6+18.2+24.1+17.0+10.9+6.1———
Up moveDown movePending
AI summary
Shah Metacorp completed its Rights Issue, allotting 9.71 crore equity shares at 4.86 rupees each (face value 1 rupee), raising 47.22 crore rupees. Subscription hit 94.82 percent. Entitlement ratio was 36 shares for every 311 held. Promoter Mona Viral Shah received 3.16 crore shares by converting a 15.37 crore rupee loan. Paid-up capital rose from 88.52 to 98.24 crore rupees. Promoter holding rose from 29.15 to 29.49 percent.
Likely market impact
Share count expands about 11 percent, lightly diluting non-participating holders. Promoter stake nudges up. Capital base grows.