StockWatch
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Iron & Steel Products
Shareholding15 Sept 2026, 10:30 am

Shah Metacorp: Mona Viral Shah Acquires 2.75 Cr Shares via Warrants

AI Summary

Shah Metacorp Limited has announced a significant share acquisition by Mona Viral Shah and Persons Acting in Concert (PACs). The transaction involves the allotment of 2,75,00,000 equity shares, representing 2.70% of the total share capital, pursuant to the exercise of conversion rights attached to convertible warrants. These warrants were initially issued on a preferential basis. Following this acquisition, the total holding of Mona Viral Shah and PACs in the company has increased. The acquisition was approved by the board on 10/09/2026, with the total equity share capital of the company increasing post-acquisition.

Key Highlights

  • Mona Viral Shah and PACs acquired 2.75 crore equity shares.
  • Acquisition was through conversion of warrants issued on preferential basis.
  • Shareholding of acquirer group increased post-transaction.
  • Total equity capital of Shah Metacorp increased.
  • Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.