Description
Listing and trading permission for 3.55 crore equity shares of Shah Metacorp Limited issued on preferential basis pursuant to conversion of warrants, effective November 3, 2025.
Summary
BSE has announced the listing and trading permission for 3,55,00,000 equity shares of Shah Metacorp Limited (Scrip Code: 533275) issued to promoters on a preferential basis pursuant to conversion of warrants. These shares will be available for trading from Monday, November 3, 2025, and are subject to a lock-in period until May 2, 2027.
Key Points
- 3.55 crore equity shares of Re. 1/- each issued at a premium of Rs. 3.02/-
- Issued to promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Issue price: Rs. 4.02 per share
- Distribution Numbers: 593878677 to 629378676
- ISIN: INE482J01021
- Date of Allotment: June 9, 2025
Regulatory Changes
No regulatory changes. This is a standard listing notification for new securities.
Compliance Requirements
Trading members are informed of the new securities listing. No specific compliance actions required beyond standard trading procedures.
Important Dates
- Date of Allotment: June 9, 2025
- Trading Commencement Date: November 3, 2025
- Lock-in Period Expiry: May 2, 2027
Impact Assessment
Market Impact: Low - The shares are subject to complete lock-in until May 2, 2027, preventing immediate market trading by promoters. This is a routine preferential allotment following warrant conversion.
Operational Impact: Minimal - Standard listing process for new securities. Trading members can trade these shares from November 3, 2025, but lock-in restrictions apply to all 3.55 crore shares.
Lock-in Details: All 3,55,00,000 shares (Distribution Numbers 593878677 to 629378676) are locked-in until May 2, 2027.
Impact Justification
Routine listing of preferential allotment shares with lock-in period. Limited market impact as shares are locked until May 2027.