Description

Listing and trading approval for 3.55 crore equity shares issued by Shah Metacorp Limited on preferential basis pursuant to warrant conversion, effective November 3, 2025.

Summary

BSE has approved the listing and trading of 3,55,00,000 equity shares (Re. 1/- each) of Shah Metacorp Limited (Scrip Code: 533275) effective November 3, 2025. These shares were issued to promoters on a preferential basis at Rs. 4.02 per share (including premium of Rs. 3.02) pursuant to conversion of warrants. The shares are locked-in until May 2, 2027.

Key Points

  • 3.55 crore new equity shares listed with effect from Monday, November 3, 2025
  • Shares issued at Rs. 4.02 per share (Re. 1/- face value + Rs. 3.02 premium)
  • Issued to promoters on preferential basis following warrant conversion
  • Date of allotment: June 9, 2025
  • Shares rank pari-passu with existing equity shares
  • Distribution Numbers: 593878677 to 629378676
  • ISIN: INE482J01021

Regulatory Changes

No regulatory changes. This is a standard listing notification following SEBI’s preferential allotment and warrant conversion regulations.

Compliance Requirements

  • Trading members are informed to note the new securities for trading
  • All 3.55 crore shares are subject to mandatory lock-in provisions
  • Shares cannot be transferred or traded until lock-in expiry

Important Dates

  • Allotment Date: June 9, 2025
  • Trading Commencement: November 3, 2025 (Monday)
  • Lock-in Expiry: May 2, 2027
  • Notice Date: October 31, 2025

Impact Assessment

Market Impact: Low. Routine listing of preferentially allotted shares with extended lock-in period.

Shareholder Impact: Dilution of existing shareholding by addition of 3.55 crore shares. However, since shares are issued to promoters and locked-in for approximately 18 months from trading date, no immediate trading impact expected.

Liquidity Impact: Minimal immediate impact as all shares are under lock-in until May 2027. Post lock-in expiry, may increase free float depending on promoter selling decisions.

Impact Justification

Routine listing of preferentially allotted shares with lock-in period. Limited impact on overall market; relevant primarily to Shah Metacorp shareholders and promoters.