Description

3.55 crore equity shares of SHAH METACORP LIMITED listed on BSE with effect from November 3, 2025, issued to promoters on preferential basis pursuant to warrant conversion.

Summary

BSE has announced the listing of 3,55,00,000 new equity shares of SHAH METACORP LIMITED (Scrip Code: 533275) with effect from Monday, November 3, 2025. These shares were issued at a premium of Rs. 3.02 per share (total issue price Rs. 4.02) to promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until May 2, 2027.

Key Points

  • 3,55,00,000 equity shares of Re. 1/- each listed
  • Issue price: Rs. 4.02 per share (Re. 1 face value + Rs. 3.02 premium)
  • Allotment date: June 9, 2025
  • Trading commencement: November 3, 2025
  • Distribution numbers: 593878677 to 629378676
  • ISIN: INE482J01021
  • Issued to promoters on preferential basis
  • Issued pursuant to conversion of warrants
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing notification for new securities.

Compliance Requirements

Trading members are informed of the new securities available for trading. No specific compliance actions required from members.

Important Dates

  • Allotment Date: June 9, 2025
  • Trading Commencement: November 3, 2025
  • Lock-in Expiry: May 2, 2027

Impact Assessment

Market Impact: Low. This is a routine listing of preferential allotment shares to promoters. The entire issue is subject to lock-in until May 2027, meaning these shares cannot be traded until then, limiting immediate market supply impact.

Operational Impact: Minimal. Trading members are simply notified of the new securities being added to the trading system. The lock-in period means no immediate trading activity is expected for these specific shares.

Shareholding Impact: Increases promoter holding through warrant conversion, typically viewed as positive promoter commitment to the company.

Impact Justification

Routine listing of preferential allotment shares with lock-in period. Standard corporate action with limited market-wide impact.