Shah Metacorp Approves Leadership Changes & Share Allotment

Shah Metacorp Ltd announced significant leadership realignments and a share allotment following a Board of Directors meeting on July 16, 2026. Mr. Viral Mukundbhai Shah resigned as CEO and was appointed as an Executive Director. Mr. Mahendra Shukla was appointed Whole-time Director and KMP, and Mr. Nanwal Sajjankumar joined as an Independent Director. The company also approved the allotment of 1 crore equity shares to Ms. Mona Viral Shah upon conversion of warrants, increasing the paid-up equity share capital to ₹99,23,74,228. The Board also approved reconstitution of committees and amendments to policies.