Key Event
On August 17, 2026, Shah Metacorp Limited received an email from National Stock Exchange of India Limited (NSE) containing notice NSE/LIST-SOP/FINES/0904. The notice pertains to non-compliance under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Penalty Details
- Fine Amount: ₹2,000 (Rupees Two thousand only)
- GST: ₹360 (calculated at 18%)
- Total Payable: ₹2,360
- Reason: One-day delay in filing Shareholding Pattern for the quarter ended June 30, 2026
- Payment Deadline: Within 15 days from notice date
Company Response
The Company has applied for waiver of the fine on the grounds that:
- The Company had already filed the Shareholding Pattern for allotment of equity shares through Rights Issue for June 30, 2026
- The allotment date and quarter end fell on the same date
- There was no change in shareholding between the two filings
- Both filings were completed in XBRL format
Financial Impact Assessment
As per the disclosure:
- Impact on financial activities: Nil, except to the amount of Fine
- Impact on operational activities: Nil, except to the amount of Fine
- Impact on other activities: Nil, except to the amount of Fine
- Quantifiable monetary impact: Limited to the penalty amount of ₹2,360