Shah Metacorp Limited (formerly known as Gyscoal Alloys Limited) has announced that it has received approval from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) for the trading of 260,000 equity shares. These shares, each with a face value of ₹1 and issued at a premium of ₹2.24, were allotted to promoter Ms. Mona Viral Shah on a preferential basis following the conversion of warrants.
The shares, bearing distinctive numbers from 419078677 to 419338676, will be available for trading starting from Thursday, July 18, 2024.
This development marks a significant milestone for Shah Metacorp Limited as it continues to strengthen its position in the market. The issuance of these shares to the promoter reflects confidence in the company's future prospects and growth potential.
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