Description

BSE announces listing of 25,58,32,190 equity shares of Shah Metacorp Limited issued on preferential basis to promoters and non-promoters, effective December 30, 2025.

Summary

BSE has approved the listing of 25,58,32,190 equity shares of Shah Metacorp Limited (Scrip Code: 533275) issued on a preferential basis to promoters and non-promoters. The new shares will commence trading on December 30, 2025, and rank pari-passu with existing equity shares.

Key Points

  • Total shares listed: 25,58,32,190 equity shares of Rs. 1/- each
  • Issue price: Rs. 4.71/- per share (face value Rs. 1/- + premium Rs. 3.71/-)
  • Allotment dates: June 26, 2025 to July 5, 2025 (multiple tranches)
  • ISIN: INE482J01021
  • Distinctive Numbers: 629378677 to 885210866
  • Trading commencement: December 30, 2025
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing announcement following preferential allotment procedures.

Compliance Requirements

  • Trading members are informed of the new securities available for trading
  • Lock-in restrictions apply to the allotted shares as per prescribed schedule
  • All standard trading and settlement procedures apply to these securities

Important Dates

  • Allotment Dates:
    • June 26, 2025: 1,11,00,000 shares
    • June 28, 2025: 1,01,00,000 shares
    • June 30, 2025: 92,00,000 shares
    • July 2, 2025: 78,00,000 shares
    • July 3, 2025: 1,15,00,000 shares
    • July 4, 2025: 19,98,32,190 shares (largest tranche)
    • July 5, 2025: 63,00,000 shares
  • Trading Commencement: December 30, 2025
  • Lock-in Expiry:
    • 3,91,78,350 shares locked until June 30, 2027 (2-year lock-in)
    • 21,66,53,840 shares locked until June 30, 2026 (1-year lock-in)

Impact Assessment

Market Impact: Medium - The preferential allotment of over 25.58 crore shares represents significant equity dilution for Shah Metacorp Limited. The lock-in provisions (total locked shares: 25,58,32,190) will restrict supply until 2026-2027.

Investor Impact: Existing shareholders face dilution from the large preferential issue. The staggered lock-in periods (1-year and 2-year) indicate a mix of promoter and non-promoter participation.

Trading Impact: The new shares are immediately tradeable from December 30, 2025, subject to lock-in restrictions. The issue price of Rs. 4.71/- provides a reference point for market participants.

Impact Justification

Routine listing announcement for preferential allotment with significant dilution (25.58 crore shares) but primarily affects Shah Metacorp shareholders and investors.