Shah Metacorp Limited
Incorporated in 1999, Shah Metacorp Ltd manufactures and sells diverse range of SS products
What Shah files
- Others79
- Important35
- Board Meeting23
- Updates10
- QIP/Rights/Pref.10
- Dividend/Bonus4
Shah Metacorp Limited is dispatching physical letters with web links for the integrated annual report to shareholders with unregistered email addresses, alongside a reminder to update essential KYC details and dematerialize physical securities ahead of the upcoming annual general meeting.
SHAH Metacorp issued a clarified Rights Issue timeline. The company aims to raise ₹49.80 Cr by offering 102.47 million new shares at ₹4.86 each, at a ratio of 36 shares for every 311 held. This move will expand the share base.
Shah Metacorp enters renewable energy via an MOU with Strike Eco, acquiring 26% initial stake (potential 75%) and planning Rs. 25 Cr funding for projects. This diversifies the company's steel manufacturing business.
Shah Metacorp plans to raise Rs 49.8 Cr via a Rights Issue for expansion. It acquired a 26% stake in Strike Eco Grid, entering renewable energy. The company also approved investment in a US subsidiary for global expansion. Q4FY26 results forthcoming.
Shah Metacorp (SHAH) received exchange approvals for its Rights Issue, aiming to raise up to ₹49.80 Cr. This move allows the company to proceed with capital infusion, supporting future growth initiatives.