Shah Metacorp Limited has informed the Exchange about General Updates
SHAH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shah Metacorp Limited has issued a clarification regarding its Rights Issue, correcting a minor error in the earlier disclosed timeline. The Rights Issue involves issuing 102,468,139 fully paid-up equity shares of face value ₹1 each at ₹4.86 per share (including ₹3.86 premium), raising up to ₹4,980 Lakhs assuming full subscription. The record date was May 27, 2026, with the issue opening on June 11, 2026 and closing on June 24, 2026. Existing shareholders have a Rights Entitlement ratio of 36 shares for every 311 shares held. Post-issue, total equity shares would increase from 88.52 crore to 98.77 crore assuming full subscription. The company states there is no material discrepancy from earlier disclosures.
This is a standard capital raising exercise through Rights Issue, which is dilutive to existing shareholders who do not participate. The company has clarified there are no material changes to the original offer terms.