Shah Metacorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/05/2026 ,inter alia, to consider and approve With reference to our earlier ....
SHAH · price
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Shah Metacorp Ltd has announced that the Board of Directors meeting originally scheduled for May 20, 2026 has been adjourned and rescheduled to May 21, 2026. The meeting will be held at the company's corporate office in Ahmedabad to consider and approve various matters related to an upcoming Issue. Key agenda items include determining the Issue price, rights entitlement ratio, record date, timing of the Issue, and other related terms. This filing is made under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The rescheduling of this Board meeting suggests the company is moving forward with a rights issue or similar capital raising exercise. Determination of issue price and rights entitlement ratio indicates existing shareholders may get the opportunity to subscribe to additional shares, which could be dilutive but also signals growth plans.