Shah Metacorp allots 2.75 cr shares on warrant conversion to promoter

Warrants ConvertedFund Raising View source PDF Explain this filing

SHAH · price

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

-0.8%Reaction day

₹3.54

prior close

₹3.58

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.9% vs market

Iron & Steel Products peers, median of 100sector-0.7%-0.1% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.1 pts less 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

-2.0

10m

-1.7

15m

-2.2

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+0.1-0.9-0.7-0.1

Next day

-4.5-3.2-1.4-3.1-1.4

-5.4-3.3-2.1-3.3-2.0

-6.8-2.5-4.3-2.5-4.3

-6.8-0.9-5.9-1.5-5.2

-7.3-1.1-6.3-1.9-5.5

-7.9+0.6-8.6-0.8-7.1

15d

-12.4-1.4-11.0-3.4-9.1

-16.1-3.3-12.8-3.4-12.7

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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 2.75 crore equity shares at Rs. 4.71 each (including Rs. 3.71 premium) to promoter-director Mona Viral Shah on conversion of warrants issued in June 2025. Total Rs. 9.71 crore received as balance 75 percent consideration. Paid-up capital rose from Rs. 99.24 crore to about Rs. 102 crore. About 65 lakh warrants remain pending conversion.

Likely market impact

Promoter converting her own warrants signals confidence. Modest equity dilution of about 2.8 percent. Capital raised stays within promoter group, no fresh outside money.