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Shah Metacorp Issues Convertible Equity Warrants to Promoter

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Shah Metacorp Issues Convertible Equity Warrants to Promoter

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

Shah Metacorp Limited has announced the issuance of Convertible Equity Warrants to its promoter and shareholder, Mona Viral Shah, as part of a substantial acquisition of shares under SEBI regulations. This move indicates a strategic effort to consolidate control within the promoter group, potentially impacting the company’s shareholding structure and market perception.

More about Shah Metacorp Ltd

Shah Metacorp Limited, formerly known as Gyscoal Alloys Limited, operates in the manufacturing sector with a focus on producing and distributing metal alloys. The company is publicly traded on the Bombay Stock Exchange and the National Stock Exchange of India.

Average Trading Volume: 353,069

Current Market Cap: 2.33B INR

For an in-depth examination of SHAH stock, go to TipRanks’ Overview page.

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