₹49.80 Crores | Listing at BSE, NSE | Thu, Jun 11, 2026 - Wed, Jun 24, 2026
The timetable for Shah Metacorp Ltd Rights Issue is as follows:
| Last Date for credit of Rights Entitlements | Fri, May 29, 2026 |
| Last Date for renunciation of Rights Entitlements | Fri, Jun 19, 2026 |
| Issue Opening Date | Thu, Jun 11, 2026 |
| Issue Closing Date | Wed, Jun 24, 2026 |
| Date of Allotment (on or about) | Mon, Jun 29, 2026 |
| Date of Credit (on or about) | Mon, Jun 29, 2026 |
| Date of Listing (on or about) | Tue, Jun 30, 2026 |
Shah Metacorp Rights Issue May 2026 listing date is 2026-07-06T00:00:00.000Z.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Providing Inter-Corporate Loans to Subsidiaries, Western Urja Private Limited and Metcorp Trading LLC, for meeting their business expansion | 337.62 |
| 2 | Equity Investment and Provision of Working Capital Loan to Shah Metacorp Holdings USA INC for International Expansion | 287.62 |
| 3 | Adjustment of Unsecured Loans of Ms. Mona Shah, Director and Promoter of the Company through conversion of the outstanding Loan to Equity against their Rights Entitlement | 1,537.15 |
| 4 | Augmenting the working capital base of the Company to meet its incremental working capital requirements | 1,616.92 |
| 5 | General Corporate Purposes | 1,173.49 |
| Total | 4,952.80 |
It is difficult to predict the exact listing price of Shah Metacorp Ltd Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.
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