Shah Metacorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2026 ,inter alia, to consider and approve BM intimation.
SHAH · price
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Shah Metacorp Ltd has informed exchanges that a Board Meeting is scheduled for May 20, 2026 to finalize terms of a previously approved rights issue of up to ₹4,980 Lakhs. The issue involves fully paid-up equity shares of face value ₹1 each. The Board will determine key parameters including Issue price, rights entitlement ratio, record date, and timing. The rights issue was initially approved on December 29, 2025 and will comply with ICDR Regulations, 2018 and Companies Act, 2013 provisions.
This is a routine procedural meeting to finalize the rights issue terms. Shareholders should monitor for the record date announcement as this will determine eligibility to participate in the issue. The final pricing and ratio will indicate whether the issue is at a discount or premium to current market price.