Shah Metacorp Limited has informed the Exchange regarding Outcome of Committee Meeting held on July 04, 2025.
SHAH · price
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Shah Metacorp's Board Committee approved two preferential allotments on July 4, 2025. First, 1.05 crore equity shares were allotted to two non-promoter entities (Karni Enterprise and Jayani Healthcare) at ₹4.71 per share for total cash consideration of about ₹4.95 crore. Second, 18.93 crore equity shares were allotted on a share-swap basis (non-cash) to promoter group members Mona Viral Shah and Viral Mukundbhai Shah, and to public-category investor Malavkumar Kalpesh Shah, to acquire stakes in General Capital and Holding Company Pvt Ltd and Metcorp Trading LLC. Post the swap allotment, the three allottees' combined holding rises from roughly 20% to about 37% of the company, with Malavkumar Shah alone holding 17.08%.
Shareholders should expect notable dilution from the 18.93 crore share-swap issuance, which significantly reshapes the shareholding pattern by adding a new large public-category shareholder at 17% and reducing the promoters' combined percentage. The cash portion is small (under ₹5 crore) and unlikely to materially affect liquidity, while the swap-based acquisition is the more significant event and may alter the company's business profile going forward.