StockWatch
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Iron & Steel Products
Rights Issue24 Jun 2026, 12:34 pm

Shah Metacorp Extends Rights Issue Closing Date to July 3

AI Summary

Shah Metacorp Ltd has announced the extension of its Rights Issue closing date from June 24, 2026, to July 3, 2026. This decision by the Rights Issue Committee aims to provide eligible equity shareholders more time to exercise their rights. The extension is within the 30-day limit from the issue opening date of June 11, 2026, as per SEBI regulations. The ongoing Rights Issue involves up to 10,24,68,139 fully paid-up equity shares at ₹4.86 per share, aggregating up to ₹4,980 Lakhs.

Key Highlights

  • Rights Issue closing date extended to July 3, 2026.
  • Extension granted to allow shareholders more time to subscribe.
  • Issue size remains up to 10,24,68,139 shares at ₹4.86 each.
  • Total issue size aggregates up to ₹4,980 Lakhs.