With Reference to the above Subject and Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Read with SEBI Circular No. CIR/CFD/CMD1/162/2019 ....
SHAH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shah Metacorp Ltd filed a statement of deviation confirming it issued 2.4 crore convertible warrants on June 26, 2025 and 2 crore convertible warrants on June 28, 2025, both to Ms. Mona Shah, a promoter and Director of the company. As of the filing date, these warrants remain pending for conversion. No fresh funds were raised during the quarter ended March 31, 2026, and the company states there is no fund pending for utilisation. The filing is in compliance with SEBI Regulation 32 and the December 2019 circular on disclosure of deviations.
The outstanding conversion of 4.4 crore warrants to Ms. Mona Shah could lead to significant dilution for existing shareholders once conversion is completed. The company currently has no unutilised funds to explain.