Shah Metacorp Limited has received trading approval from the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) for 3.55 crore equity shares, marking a significant corporate action for the company. This development comes as part of the company's recent preferential allotment to promoters.

Key Details of the Share Issuance

Issuance and Trading Specifics

The newly issued shares, allotted pursuant to the conversion of warrants on a preferential basis to promoters, will be listed and admitted for trading on both the NSE and BSE from November 3, 2025. These shares will carry the same rights as the existing equity shares of the company, ranking pari-passu in all respects.

Regulatory Compliance

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shah Metacorp Limited has duly informed the stock exchanges about this development. The company received the trading approval from NSE via letter No. NSE/LIST/ 51406 and from BSE through Notice No. 20251031-23, both dated October 31, 2025.

Impact and Implications

This preferential allotment and subsequent trading approval may have implications for the company's shareholding pattern and could potentially affect the stock's liquidity. Investors and market participants may be interested in observing how this additional equity impacts the company's market performance and valuation in the coming months.

The lock-in period, which extends until May 2, 2027, indicates a long-term commitment from the promoters. Stakeholders may want to continue monitoring the company's performance and any further corporate actions that may follow this equity expansion.

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.