04-Nov-2026 15:47:00

SHAHGeneral news

SHAH : GETS LISTING APPROVAL FOR RS 4.71 CR PREFERENTIAL ALLOTMENT

• 1,00,00,000 equity shares of Re 1 each allotted to promoters at ₹4.71/share (premium ₹3.71) on conversion of preferential warrants • BSE grants listing approval (letter dated Nov 02, 2026); NSE grants in-principle approval (letter dated Nov 03, 2026) • NSE advisory flags non-compliance: 2.40 Cr warrants (June 26, 2025) and 2.00 Cr warrants (June 28, 2025) were locked in only from October 15, 2025, breaching 3rd proviso of ICDR Regulation 167(1) • Exchange advised caution and due diligence, and to place the advisory before the board at the upcoming meeting • Company states impact on financial, operational or other activities is nil Impact: Neutral (Listing of preferential shares progresses, but NSE advisory on warrant lock-in timing is a compliance flag with no stated monetary impact)

Shah Metacorp Ltd

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