Shah Metacorp: CEO Viral Shah Resigns, Appointed Executive Director

Shah Metacorp's Board of Directors, in a meeting on July 16, 2026, approved significant leadership changes and a share allotment. Mr. Viral Mukundbhai Shah resigned as CEO, effective July 20, 2026, but was concurrently appointed as an Additional Director, designated Executive Director, from July 21, 2026. Mr. Mahendra Shukla was appointed Whole-time Director and KMP for five years, effective July 21, 2026. Mr. Nanwal Sajjankumar was appointed as a Non-Executive, Independent Director for five years from July 21, 2026. Additionally, the company allotted 1,00,00,000 equity shares to Ms. Mona Viral Shah, a promoter and director, upon conversion of warrants at ₹4.71 per share, increasing the paid-up equity capital from ₹98.23 Crore to ₹99.23 Crore. The Board also reconstituted various committees and amended the Related Party Transaction Policy.