Shah Metacorp Limited has informed the Exchange regarding 'received Listing approval from BSE Limited vide their letter bearing No. LOD/PREF/VD/FIP/735/2025-26 on August 20, 2025 and letter bearing No. NSE/LIST/49163 on dated October 01, 2025 from National Stock Exchange for 3,55,00,000 Equity shares of Re. 1/- each allotted pursuant to conversion of warrants issued on preferential basis.'.
SHAH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shah Metacorp Limited has received listing approval from BSE (dated August 20, 2025) and NSE (dated October 01, 2025) for 3,55,00,000 (3.55 crore) equity shares of Re. 1 each. These shares were allotted earlier on conversion of warrants issued on a preferential basis. With this approval, these shares will now be tradable on the exchanges. The total dilution from this preferential issue is roughly ₹3.55 crore at face value, though the actual capital raised would have been at the warrant exercise price. Shareholders should note that preferential allotments typically carry a mandatory lock-in period, during which the allottees cannot sell these shares.
The listing will increase the company's free float and trading volume on both exchanges. Existing shareholders may see some short-term supply pressure once the lock-in period ends, depending on how many allottees choose to exit at that point.