Shah Metacorp Approves Rights Issue of ₹50 Crore, Investment in USA Subsidiary
Shah Metacorp Limited (formerly Gyscoal Alloys Limited) announced the outcome of its Board of Directors meeting held on December 29, 2025. The board approved the issuance of fully paid-up Equity Share...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Shah Metacorp Limited in the news today?
Shah Metacorp Limited (SHAH) is in the news due to the company's decision to raise capital through a rights issue and invest in its subsidiary indicates a positive outlook and a strategy for growth.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Shah Metacorp Approves Rights Issue of ₹50 Crore, Investment in USA Subsidiary
December 29, 2025, 05:14 PM
Top Queries to Ask About Shah Metacorp Limited
More Details on This News
Shah Metacorp Limited (formerly Gyscoal Alloys Limited) announced the outcome of its Board of Directors meeting held on December 29, 2025. The board approved the issuance of fully paid-up Equity Shares amounting to ₹50 Crore by way of a Rights Issue to eligible equity shareholders. The specific terms, including issue price and record date, will be determined and disclosed later.
The board also approved an investment of up to USD 100,000 in its subsidiary, Shah Metacorp Holdings USA INC, through share capital subscription during FY2025-26 and FY 2026-27. This investment aims to enhance product portfolio and diversify offerings.
Furthermore, the company approved modifications to the original loan agreement dated March 31, 2025, with Ms. Mona Viral Shah, a Director and Promoter. The modification allows for the conversion of her loan into equity shares under the proposed rights issue, subject to shareholder and regulatory approvals. This conversion, along with other related party transactions concerning the USA subsidiary investment and a working capital loan of up to ₹100 crore, was approved. The board also reconstituted the Rights Issue committee and approved the appointment of a scrutinizer for a postal ballot.
The meeting commenced at 8:30 p.m. and concluded at 9:30 p.m.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
