Shah Metacorp Limited announced a private placement of 20,90,00,000 equity shares either in cash or conversion of Loan for a issue price of INR 3.88 per share, at a face value INR 1 plus INR 2.88 premium per share and 4,85,00,000 convertible warrants into equity shares either in cash or conversion of Loan for a issue price of INR 0.97 per warrant on April 30, 2024. The transaction includes participation from Mona Viral Shah. The transaction was approved by shareholders