GYSCOAL ALLOYS LTD.

Shah Metacorp Ltd has successfully completed its rights issue, allotting 9,71,63,362 equity shares at ₹4.86 per share. This allotment, approved by the Rights Issue Committee, has raised approximately ₹47.22 crore. The issue was part of a larger offering of up to 10,24,68,139 shares. The company's paid-up equity share capital has increased from ₹88.52 crore to ₹98.23 crore post-allotment. The subscription level for the issue was 94.82%. The funds raised include ₹15.37 crore via conversion of promoter's unsecured loan.

Shah Metacorp Ltd has announced the successful allotment of 9,71,63,362 Rights Equity Shares at an issue price of ₹4.86 per share, raising a total of ₹47.22 Crore. This rights issue, approved by the Board of Directors and finalized in consultation with MUFG Intime India Private Limited, aimed to raise funds through the issuance of fully paid-up equity shares. The allotment has increased the company's paid-up equity share capital from ₹88.52 Crore to ₹98.23 Crore. The issue saw a subscription level of 94.82% of the total offered size. The company is seeking listing and trading approval from BSE and NSE for the newly allotted shares.

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.

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.

Shah Metacorp Ltd has announced the approval of a Rights Issue to raise up to ₹4980 Lakhs (₹498 Crores). The issue involves 10,24,68,139 fully paid-up Equity Shares at an issue price of ₹4.86 per share. This will be offered to eligible shareholders in a ratio of 36 Rights Equity Shares for every 311 Equity Shares held as of the record date, May 27, 2026. The company has submitted the Letter of Offer to SEBI and stock exchanges.

Shah Metacorp Ltd reports on the deviation or variation in the use of proceeds from a preferential allotment, as per Regulation 32 of SEBI guidelines. The company allotted 2,40,00,000 convertible warrants on 26.06.2025 and 2,00,00,000 convertible warrants on 28.06.2025 to Ms. Mona Shah, which are still pending conversion. No funds were raised during the quarter ended 31st March, 2026, and there are no funds pending utilization.

Shah Metacorp Ltd re-appointed M/s. DDH & Associates, Chartered Accountants, as Internal Auditors for the financial year 2026-27. This decision was made during the Board of Directors meeting held on May 26, 2026, where the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were also approved. Mr. Mahendra Shukla was re-appointed as an Executive Director. The board meeting commenced at 03.45 P.M. and concluded at 04.50 P.M.

Shah Metacorp Ltd re-appointed Mr. Mahendra Shukla (DIN: 09461897) as an Executive Director. The decision was made during the Board of Directors meeting held on May 26, 2026, where the board also approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and re-appointed M/s. DDH & Associates as Internal Auditors for FY 2026-27.

Shah Metacorp Ltd has signed a strategic MOU with Strike Eco Grid Private Limited, investing an initial 26% stake with plans to increase it to 75% in phases. The collaboration aims to expand into renewable energy, including solar EPC, captive and open access power projects, and ESG-related businesses. Shah Metacorp plans to provide funding support of up to ₹25 crore for renewable energy projects. In Q3 FY26, Shah Metacorp reported revenue of approximately ₹149 crore and a PAT of ₹4 crore.

Shah Metacorp Ltd has entered into a Memorandum of Understanding (MoU) with Strike Eco Grid Private Limited on May 25, 2026, for strategic association, investment, and business collaboration. SML has acquired a 26% equity stake in Strike Eco for cash consideration on April 24, 2026, and intends to provide funding support of up to ₹25 Crore. Additional funding of up to ₹36 Crore may be arranged in phases within 2 years, based on business performance. SML has the right to increase its shareholding up to 75% in a phased manner.