Shah metacorp Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI's depository regulations. The filing demonstrates the company's adherence to securities handling protocols during the fourth quarter of fiscal year 2026.

Regulatory Compliance Filing

The company filed its confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 on April 06, 2026. This certificate covers the quarter ended March 31, 2026, addressing securities dematerialization and rematerialization activities during the period.

Stock Exchange Submissions

Shah Metacorp Limited submitted the certificate to both major Indian stock exchanges where its securities are listed. The filing was addressed to Bombay Stock Exchange Limited and National Stock Exchange of India Limited simultaneously.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The RTA provided the confirmation certificate dated April 01, 2026, which formed the basis of Shah Metacorp's filing to the exchanges.

The registrar confirmed that securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to depositories within prescribed timelines. The certificate also verified that security certificates received for dematerialization were appropriately mutilated and cancelled after due verification.

Corporate Governance

Hiral Patel, Company Secretary with membership number A56573, signed the filing on behalf of Shah Metacorp Limited. The digital signature was applied on April 06, 2026, ensuring proper authorization and compliance with corporate governance requirements.

This quarterly filing represents part of Shah Metacorp's ongoing regulatory compliance obligations, ensuring transparency in securities handling and maintaining investor confidence through proper adherence to SEBI regulations.

Shah metacorp Limited announced its unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 12, 2026, following review by the Audit Committee.

Consolidated Financial Performance

The company's consolidated operations showed mixed results for the quarter ended December 31, 2025. Revenue from operations declined to ₹5,003.97 lakhs compared to ₹6,677.25 lakhs in the previous quarter and ₹3,985.86 lakhs in the corresponding quarter of the previous year.

For the nine-month period ended December 31, 2025, consolidated revenue from operations reached ₹14,571.17 lakhs compared to ₹13,468.22 lakhs in the corresponding period of the previous year, representing an increase of 8.19%. Net profit for the nine-month period stood at ₹400.33 lakhs.

Standalone Performance

On a standalone basis, Shah Metacorp reported revenue from operations of ₹4,580.87 lakhs for Q3FY26, compared to ₹3,589.33 lakhs in the corresponding quarter of the previous year. Net profit for the quarter was ₹57.45 lakhs versus ₹274.11 lakhs in Q3FY25.

Corporate Developments

Several significant corporate actions were highlighted in the results:

Capital Structure Changes:

• The company increased its authorized share capital from ₹110 crores to ₹130 crores during the current quarter
• Paid-up equity share capital stands at ₹8,852.11 lakhs with face value of ₹1 per share

Rights Issue Initiative:

• Shah Metacorp has initiated the process for a rights issue aggregating up to ₹50.00 crore, approved by the Board of Directors on December 29, 2025
• The Draft Letter of Offer has been filed with BSE Limited and National Stock Exchange of India Limited

Acquisitions and Investments:

• The company acquired 85.60% stake in General Capital and Holding Company Private Limited and 80.00% stake in Metacorp Trading LLC through share swap arrangements
• Board approved investment of up to USD 1 lakh in Shah Metacorp Holding USA INC through equity share subscription

Key Concerns and Provisions

The auditor's review report highlighted trade receivables amounting to ₹88.82 crores that have remained long outstanding and unrecovered as of December 31, 2025. The company has recognized a provision for doubtful debts of ₹68.81 crores against this balance. Management expects recovery in subsequent quarters, with unrecovered portions to be written off by March 31, 2026 if necessary.

Business Operations

Shah Metacorp's principal business involves manufacturing and sale of stainless steel products. The consolidated results include financial performance of subsidiary companies Shah Agrocorp Private Limited, General Capital and Holding Company Private Limited, Metacorp Trading LLC, and Western Urja Private Limited, along with associate company Goldman Hotels & Resorts Private Limited.