Shah Metacorp board approved a rights issue of 102.47 million shares to raise up to ₹49.8 crore at ₹4.86 per share.
The record date for eligibility is set for May 27, 2026, with the issue opening on June 11 and closing on June 24, 2026.
The rights entitlement ratio is 36 new shares for every 311 existing shares held as of the record date.