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SEBI Imposes Penalty on Shah Metacorp for Regulatory Non-Compliance

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SEBI Imposes Penalty on Shah Metacorp for Regulatory Non-Compliance

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An announcement from Shah Metacorp Ltd ( (IN:SHAH) ) is now available.

Shah Metacorp Limited has disclosed that it received a final order from the Adjudication Officer of the Securities and Exchange Board of India (SEBI) on April 3, 2025. The order imposes a penalty under Section 15A(b) of the SEBI Act due to non-compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements. This regulatory action highlights the importance of compliance for the company and may have financial implications, as the impact is quantifiable according to the order.

More about Shah Metacorp Ltd

Shah Metacorp Limited, formerly known as Gyscoal Alloys Limited, operates in the metals industry. The company is primarily focused on manufacturing and trading metal products, serving various market segments with its diverse range of offerings.

YTD Price Performance: -29.39%

Average Trading Volume: 240,745

Current Market Cap: 1.86B INR

Learn more about SHAH stock on TipRanks’ Stock Analysis page.

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