Shah Metacorp Limited has informed the Exchange regarding ''.
SHAH · price
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Promoter and Director Mona Viral Shah has been allotted 4,40,00,000 Convertible Equity Warrants of Shah Metacorp Limited through preferential allotment. This was done in two tranches: 2,40,00,000 warrants on June 26, 2025, and 2,00,00,000 warrants on June 28, 2025, both at an issue price of Rs.4.71 per warrant. After this acquisition, her total holding (shares plus warrants) rises to 14,77,06,084 units, representing 16.69% of the company's total voting capital, up from 16.48% earlier. The total equity share capital of the company expands from 62,93,78,676 shares to 88,52,10,905 shares of face value Rs.1 each on a fully diluted basis. The disclosure has been filed under SEBI's Takeover Regulations to report this promoter-group acquisition.
This is a promoter-led capital infusion, which generally signals the promoter's confidence in the company and may be viewed positively by retail investors. However, the warrants are still to be converted into shares, so any dilution impact will depend on whether and when the promoter exercises the conversion.