Shah Metacorp Ltd - 533275 - Board Meeting Outcome for Outcome Of Board Meeting For Allotment Of 55,00,000 Equity Shares Of Rs. 1/- Each To Be Issued At A Price Not Less Than Rs. 3.24/- To Non-Promoters On A Preferential Basis.
we wish to inform you that the Board Meeting of the Company was held today i.e. Wednesday, 26th day of July, 2023 at 11.30 AM at the Corporate office,inter alia, considered and approved the following:. the Board hereby issued 55,00,00,000 Equity Shares of Rs. 1/- each to be issued at a price not less than Rs. 3.24/- to Non-Promoters on a Preferential Basis as under:The allotment of warrants and equity proposed to be considered on 28-07-2023 be and hereby modified to the extend of allotment of shares today. The allotment of warrants has postponed to the promoter group (Mrs. Mona V Shah) at the meeting scheduled to be held on 28-07-2023. Since the company has not received the allotment money from the following proposed allottees and based on the request, allotment of the shares also to be considered on 28-07-2023. Details of the allottees whose money has not received as enclosed.26-07-2023