Shah Metacorp informs about scheme of arrangement
Shah Metacorp has informed that in terms of special Resolution passed by the Members of the Company at their Extra-ordinary General meeting held on March 05, 2025 and in accordance with the In-principal Approval, granted by the BSE on June 24, 2025 and National Stock Exchange (NSE) on June 23, 2025, the Meeting of Committee of Directors of the Company held today,Saturday, July 05, 2025 has approved the following: Allotment of 63,00,000 (Sixty - Three Lakh) out of 6,65,00,000 (Six Crore and SixtyFive Lakh Only) Equity Shares on Preferential Basis to the allottees (non-promoters) for cash consideration at an issue price of ₹ 4.71 per Equity share on preferential basis in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 (SEBI ICDR Regulations) to the allotteees.
The above information is a part of company’s filings submitted to BSE.
