Shah Metacorp Limited has received trading approval from the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) for 25.58 crore equity shares, marking a significant corporate action for the company. This latest development involves a preferential allotment to both promoters and non-promoters at a price of Rs. 4.71 per share.

Latest Share Issuance Details

Official Trading Approvals

The company received official trading approval letters from both stock exchanges on December 29, 2025. BSE issued approval letter LOD/PREF/SV/483/2025-2026, while NSE provided approval under reference NSE/LIST/52366. Both exchanges confirmed that the shares are listed and admitted to dealings from December 30, 2025. The approvals were signed by designated officials including Kinnar Mehta and Pranav Rewale from BSE, and Jalpa Mehta from NSE.

Lock-in Period Details

The preferential allotment comes with specific lock-in arrangements for different tranches of shares:

Regulatory Compliance and Documentation

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shah Metacorp Limited has formally notified the stock exchanges about this development. The company submitted all required documentation to regulatory authorities, with Director Mona Viral Shah (DIN: 02343194) signing the official intimation letter on December 30, 2025.

Market Impact and Implications

This substantial preferential allotment of 25.58 crore shares represents a significant expansion in the company's equity base. The inclusion of both promoters and non-promoters in this allotment indicates a broader capital raising strategy. The issue price of Rs. 4.71 with a premium of Rs. 3.71 per share demonstrates the company's ability to raise funds at attractive valuations. Market participants will be closely monitoring the impact of this large equity infusion on the company's shareholding pattern and stock performance.

Shah Metacorp , a prominent player in the alloy manufacturing sector, has announced its financial results for the first quarter of FY2026 and reported significant fundraising activities.

Financial Results

Shah Metacorp Limited reported unaudited standalone financial results for the first quarter of FY2026. The company posted a net profit of ₹252.97 lakhs with revenue from operations at ₹2,889.95 lakhs and total income of ₹2,960.69 lakhs. Basic earnings per share stood at ₹0.04.

Fundraising Activities

The company has successfully raised funds through six preferential issues totaling ₹3,738.84 lakhs. This includes:

• ₹1,788.90 lakhs from warrant conversions
• Multiple issues ranging from ₹235.50 lakhs to ₹522.81 lakhs

The funds were allocated for various purposes including:

• Working capital
• Debt repayment
• Capital expenses, including solar installation and plant machinery upgradation
• General corporate purposes

Financial Indebtedness

As of the latest report, Shah Metacorp's total financial indebtedness stands at ₹17.08 lakhs.

Business Segment

The company operates in a single segment of S.S Products.

These developments indicate Shah Metacorp's focus on financial growth and strategic initiatives.