
Shah Metacorp Shortens Rights Issue Closing Date to June 25
Shah Metacorp Ltd has approved a shortened extension for its Rights Issue closing date. Originally scheduled to close on June 24, 2026, the issue will now close on June 25, 2026, subject to stock exchange approval. This decision aims to expedite allotment and listing procedures, acting in the best interest of shareholders. The Rights Issue, which opened on June 11, 2026, offers up to 10,24,68,139 equity shares at ₹4.86 each, aggregating up to ₹4,980 Lakhs. The trading period for Rights Entitlement closed on June 19, 2026. The company had initially received approval for an extension until July 03, 2026, but will now seek to reduce this period. If the shortened extension is not approved, the issue will remain open until July 03, 2026.
Key Highlights
- Rights Issue closing date shortened to June 25, 2026.
- Aims to expedite allotment and early listing procedures.
- Total issue size up to ₹4,980 Lakhs.
- Subject to stock exchange approval for the shortened period.
Price Impact
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