Shah Metacorp Ltd disclosed that its promoters and persons acting in concert (PAC) did not create any new encumbrance on shares during the financial year ending March 31, 2026. The declaration confirms that no additional charges were made beyond those previously disclosed to the stock exchanges, providing transparency regarding the shareholding structure of the promoter group.

The disclosure was submitted pursuant to Regulation 31(4) & (5) of Securities and Exchange Board of India (SEBI) (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulatory requirement mandates an annual declaration from promoters regarding any encumbrance of shares held directly or indirectly.

Declaration Details

The filing was made on behalf of the promoter and promoter group by Mr. Viral Mukundbhai Shah. The company formally communicated this compliance to the Bombay Stock Exchange Limited and the National Stock Exchange of India Ltd. on April 06, 2026.

Regulatory Filing

The submission was authenticated by Hiral Patel, Company Secretary and Compliance Officer of shah metacorp . The document explicitly states that the declaration covers the financial year ending March 31, 2026, and references the scrip code 533275 and company symbol SHAH for exchange identification purposes.

Shah Metacorp Limited has opened its rights issue on Thursday, June 11, 2026, to raise up to ₹4980.00 lakh. The company is issuing up to 10,24,68,139 fully paid-up equity shares at a price of ₹4.86 per share, which includes a premium of ₹3.86. The issue is offered in the ratio of 36 rights equity shares for every 311 fully paid-up equity shares held by eligible shareholders on the record date of Wednesday, May 27, 2026.

The rights issue closes on Wednesday, June 24, 2026, with the last date for market renunciation set for Friday, June 19, 2026. The company has received in-principle approval from BSE Limited and National Stock Exchange of India Limited for the listing and trading of the rights equity shares. BSE Limited serves as the designated stock exchange for the issue.

Issue Details

Application Process

All investors must use the Application Supported by Blocked Amount (ASBA) process to apply. Shareholders holding shares in physical form must provide their demat account details to the registrar or the company at least three clear working days prior to the issue closing date, i.e., on or before Friday, June 19, 2026. Rights entitlements and allotment will be made in dematerialized form only. Physical shareholders who do not provide demat details will have their entitlements credited to a suspense escrow account named 'MIIPL Shah Metacorp Limited Rights Escrow Demat Account'.

Renunciation and Trading

Eligible equity shareholders may renounce their rights entitlements either on the secondary market or through off-market transfer during the renunciation period from June 11, 2026, to June 19, 2026. Rights entitlements are tradable in dematerialized form only under the ISIN INE482J20021. Entitlements that are neither renounced nor subscribed to by the issue closing date will lapse and be extinguished.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE482J01021/ce6f9cee7cf5431b.pdf