Shah Metacorp: Promoter stake rises post-warrant conversion

Shah Metacorp Ltd has disclosed an increase in promoter stake following the exercise of convertible warrants. Mrs. Mona Viral Shah, a Promoter and Director, was allotted 65,00,000 equity shares at ₹4.71 per share. This allotment, stemming from previously issued warrants, has raised her shareholding from 17.23% to 17.76%. The disclosure is made in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, with Form 'C' submitted.