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Shah Metacorp Allots 2.75 Crore Shares To Promoter On Warrant Conversion


10 September 2026
Shah Metacorp Ltd.

Board allotted 2.75Cr equity shares at Rs4.71 to promoter Mona Viral Shah on conversion of Jun 2025 warrants, receiving Rs9.71Cr; paid-up capital rose to 101.99Cr shares. Clarifies disputed warrant pool and completes most of pending promoter conversion; continues structural dilution while bringing promoter cash to support funding-intensive scale-up. Adds about 2.7% dilution; 65 lakh warrants remain for conversion; use of proceeds and listing/trading approval timeline not disclosed.


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