This is in continuation to our earlier announcements dated May 21, 2026, wherein the Company had approved an issuance of 10,24,68,139 fully paid-up Equity Shares ('Rights Equity Shares') ....
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MEDIUM RISK
📅 Filed on BSE: 12 Jun 2026, 03:24 PM IST · BSE ID: b62aff75-46dc-4232-b16d-60f362a29f32
View Original BSE Filing (PDF)
💡
In Simple Terms
The company is selling new shares to existing owners to raise money, offering 36 shares for every 311 they own.
🤖 AI Summary
- Shah Metacorp announces Rights Issue to raise ₹4,980 Lakhs.
- 10,24,68,139 equity shares offered at ₹4.86 each.
- Issue ratio: 36 rights shares for every 311 shares held.
- Record date for eligibility is May 27, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total amount to be raised
₹4,980 Lakhs
Number of Rights Equity Shares
10,24,68,139
Issue Price per Rights Equity Share
₹4.86
Premium per Rights Equity Share
₹3.86
Rights Ratio
36 Rights Equity Shares for every 311 Equity Shares
Record Date
Wednesday, May 27, 2026
🏢 How This Affects the Company
The Rights Issue aims to raise ₹4,980 Lakhs, which will strengthen the company's capital base.
👥 What This Means For Shareholders
✅
Action Required
Eligible shareholders should review the Letter of Offer for details on subscribing to their rights entitlement.
👤
Who Is Affected
Eligible equity shareholders as of the record date, May 27, 2026, are entitled to subscribe to the rights shares.
🔍
Management Signal
Management is seeking to raise capital from existing shareholders to fund its business objectives.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Rights Issue subscription period and closing date.
Announcement of basis of allotment for the rights issue.
Company's utilization plan for the raised capital.
MEDIUM RISK
Rights issue introduces dilution risk and depends on investor participation for capital realization.
💡 Investor Takeaway
Shah Metacorp Ltd is raising Rs 4,980 Lakhs via a rights issue of 10,24,68,139 shares at Rs 4.86 each, offering 36 rights shares for every 311 held.
⚖️ Strengths & Concerns
✅ Positives
- Company undertaking a rights issue to raise significant capital of Rs 4,980 Lakhs.
- Issue price of Rs 4.86 per share is fixed, with a premium of Rs 3.86 per share.
⚠️ Concerns
- Large number of shares to be issued (10,24,68,139) could dilute existing share value.
- The rights issue is at a premium of Rs 3.86, which may impact investor perception.
📅 Company Track Record
Shah Metacorp Limited was incorporated in 1999 and listed its shares on BSE and NSE on October 27, 2010. The company's name was changed to Shah Metacorp Limited on June 02, 2023.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the total amount Shah Metacorp aims to raise through its rights issue?
Shah Metacorp Limited aims to raise an aggregate of up to ₹4,980 Lakhs through the rights issue.
How many shares is Shah Metacorp offering in its rights issue?
The company is offering 10,24,68,139 fully paid-up Equity Shares as part of the rights issue.
At what price are the rights shares being offered by Shah Metacorp?
The rights equity shares are being offered at an issue price of ₹4.86 per share.
What is the ratio for the Shah Metacorp rights issue?
The rights issue is offered in the ratio of 36 (Thirty) Rights Equity Shares for every 311 (Three Hundred Eleven) Equity Shares held.
When is the record date for Shah Metacorp's rights issue?
The record date for determining eligible shareholders for the rights issue is Wednesday, May 27, 2026.
Questions based on this BSE filing only. For information purposes.