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Shah Metacorp Approves Allotment of Convertible Warrants and Equity Shares

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Shah Metacorp Approves Allotment of Convertible Warrants and Equity Shares

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Shah Metacorp Ltd ( (IN:SHAH) ) just unveiled an announcement.

Shah Metacorp Limited, formerly known as Gyscoal Alloys Limited, announced the outcome of its Board of Directors meeting held on June 26, 2025. The company approved the allotment of 2,40,00,000 convertible equity warrants to a promoter at an issue price of ₹4.71 per warrant, with 25% of the consideration already received. Additionally, 1,11,00,000 equity shares were allotted to non-promoters for cash consideration at the same price per share. These actions are in line with the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018.

More about Shah Metacorp Ltd

Average Trading Volume: 367,558

Current Market Cap: 2.46B INR

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

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