Shah Metacorp Ltd has finalized the allotment of 9,71,63,362 fully paid-up equity shares following the closure of its rights issue, which received a subscription of 94.82%. The Rights Issue Committee approved the basis of allotment on June 30, 2026, with shares expected to be credited to demat accounts on or before July 3, 2026. Concurrently, promoter Mona Viral Shah acquired 3,16,28,600 shares through the issue, increasing her total holding to 14.07% of the company's paid-up equity capital.

The rights issue opened for subscription on June 11, 2026, and closed on June 25, 2026. The company received a total of 1,239 applications for 9,72,49,820 equity shares. Of these, 203 applications for 86,458 shares were rejected due to technical reasons, leaving 1,036 valid applications for 9,71,63,362 shares. The issue aimed to raise up to ₹4,980 Lakhs by issuing shares at a price of ₹4.86 per share, including a premium of ₹3.86 per share.

Subscription Details

Allotment Breakdown

Promoter Acquisition

Mona Viral Shah, a Director and Promoter, acquired 3,16,28,600 shares via the rights issue on June 30, 2026. Prior to the acquisition, she held 10,66,19,848 shares, representing 12.04% of the total voting capital. Post-allotment, her holding increased to 13,82,48,448 shares, or 14.07% of the total voting capital. The company's total paid-up equity capital post-issue stands at 98,23,74,228 shares of face value ₹1 each.

The company completed the dispatch of allotment advice cum refund intimation to investors on June 30, 2026. Instructions to Self-Certified Syndicate Banks (SCSBs) for unblocking funds were issued on June 29, 2026. Trading in the newly allotted fully paid-up equity shares is expected to commence on or before July 4, 2026, on BSE under the ISIN INE482J01021. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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.