📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
Shah Alloys Q3 Profit at ₹35.22 Cr Driven by ₹67.46 Cr Asset Sale; Main Plant Closed
Shah Alloys reported a net profit of ₹35.22 Crores for Q3 FY26, a turnaround from a loss of ₹15.26 Crores in the previous year, entirely due to exceptional gains of ₹67.46 Crores from asset and investment sales. Revenue from operations plummeted 80% YoY to ₹10.29 Crores as the company's primary Iron and Steel plant has been shut down since August 2025 due to technology obsolescence. Auditors have issued a qualified opinion, flagging material uncertainty regarding the company's status as a 'Going Concern' and noting the non-provision of ₹36.55 lakhs in bank interest. The company is currently exploring options for its future after liquidating significant plant machinery and its stake in SAL Steel Limited.
Key Highlights
Net Profit of ₹35.22 Crores in Q3 FY26 vs a Loss of ₹15.26 Crores in Q3 FY25, driven by one-time gains.
Exceptional items of ₹67.46 Crores include a ₹53.47 Crore gain from selling plant/machinery and a ₹13.98 Crore gain from SAL Steel share sale.
Revenue from operations fell sharply to ₹10.29 Crores from ₹51.90 Crores YoY following the closure of the Santej plant.
Auditors expressed inability to confirm 'Going Concern' status as the main manufacturing facility is no longer operational.
Qualified opinion issued for non-provision of ₹36.55 lakhs in interest on bank loans for the quarter.
💼 Action for Investors
Investors should treat the reported profit as a non-recurring event resulting from asset liquidation rather than operational strength. Given the plant closure and auditor warnings on 'Going Concern' status, the stock carries high risk and requires a cautious approach until a new business model is established.
Shah Metacorp Q3 Results: ₹68.81 Cr Provision for Bad Debts and ₹50 Cr Rights Issue Update
Shah Metacorp's Q3 FY26 board meeting outcome reveals a significant financial cleanup, with a provision of ₹68.81 crore made against long-outstanding trade receivables of ₹88.82 crore. The company is actively expanding its capital base, increasing authorized share capital to ₹130 crore and progressing with a ₹50 crore Rights Issue. Strategic acquisitions of majority stakes in General Capital and Metacorp Trading LLC have been completed via share swaps. While expansion is evident, the potential for further write-offs in Q4 FY26 regarding the remaining ₹20 crore in bad debts poses a risk.
Key Highlights
Provision of ₹68.81 crore recognized against ₹88.82 crore of long-outstanding trade receivables.
Rights Issue process initiated for up to ₹50.00 crore with Draft Letter of Offer filed.
Authorized share capital increased from ₹110 crore to ₹130 crore during the quarter.
Completed acquisition of 85.60% in General Capital and 80.00% in Metacorp Trading LLC.
Subsidiary Metcorp Trading LLC reported Q3 revenue of ₹187.34 lakhs and net profit of ₹13.69 lakhs.
💼 Action for Investors
Investors should be wary of the high provisioning for doubtful debts which impacts the bottom line, and monitor if the remaining ₹20 crore is recovered or written off in Q4. The success of the ₹50 crore Rights Issue will be critical for the company's liquidity and expansion plans.
Shah Alloys Approves ₹18 Crore One-Time Settlement (OTS) with HDFC Bank
Shah Alloys Limited has successfully entered into a One-Time Settlement (OTS) with HDFC Bank to resolve long-standing debt obligations. The company has agreed to pay a consolidated amount of ₹18 crore as a full and final settlement of all dues. This resolution follows a protracted legal dispute involving the BIFR, Debt Recovery Tribunal (DRT), and NCLT that has been ongoing since 2019. The entire settlement amount is mandated to be paid by February 25, 2026, which is expected to significantly improve the company's balance sheet clarity.
Key Highlights
Approved a full and final One-Time Settlement (OTS) of ₹18 crore with HDFC Bank.
The settlement concludes a legal battle pending before DRT and NCLT since 2019.
Payment of the agreed ₹18 crore must be completed on or before February 25, 2026.
The move resolves legacy issues stemming from previous BIFR court orders.
Successful execution will likely reduce the company's contingent liabilities and legal expenses.
💼 Action for Investors
Investors should view this as a positive step toward financial de-risking and debt resolution. Monitor the company's cash flow to ensure the ₹18 crore payment is met by the February deadline without operational disruption.
Shah Alloys Approves ₹18 Crore One Time Settlement (OTS) with HDFC Bank
Shah Alloys Limited has reached a One Time Settlement (OTS) with HDFC Bank to resolve long-standing debt issues that have been in litigation since 2019. The company has agreed to pay a total sum of ₹18 Crore as a full and final settlement of all dues. This agreement follows a prolonged legal battle involving the BIFR, Debt Recovery Tribunal (DRT), and NCLT. The entire settlement amount is scheduled to be paid on or before February 25, 2026.
Key Highlights
Approved One Time Settlement (OTS) with HDFC Bank for a total of ₹18 Crore.
Resolves legacy legal disputes pending before DRT and NCLT since 2019.
Full and final payment deadline set for February 25, 2026.
The settlement aims to clear a significant financial overhang from the company's balance sheet.
💼 Action for Investors
This is a positive step toward cleaning up the balance sheet and reducing legal liabilities. Investors should monitor the company's upcoming quarterly results to see the impact of this settlement on its debt profile.
Shah Metacorp Receives Trading Approval for 25.58 Crore Equity Shares
Shah Metacorp Limited has received final trading approval from both BSE and NSE for 25,58,32,190 equity shares issued on a preferential basis. These shares, with a face value of Re. 1, were issued at a price not less than Rs. 4.71 per share to both Promoter and Non-Promoter groups. The shares are officially listed and available for trading effective from December 30, 2025. This marks the completion of the listing process for a significant capital infusion into the company.
Key Highlights
Trading approval granted for 25,58,32,190 equity shares effective December 30, 2025
Shares issued at a minimum price of Rs. 4.71, including a premium of Rs. 3.71 per share
Allotment made to both Promoter and Non-Promoter categories on a preferential basis
Lock-in periods for the new shares are established, with some tranches locked until June 30, 2027
💼 Action for Investors
Investors should note the significant expansion of the equity base and monitor the company's utilization of these funds for future growth. While the capital infusion is a positive sign of stakeholder confidence, be mindful of potential EPS dilution.
Shah Metacorp Receives Trading Approval for 25.58 Crore Equity Shares
Shah Metacorp Limited has received final trading approval from BSE and NSE for 25,58,32,190 equity shares issued on a preferential basis. These shares, with a face value of Rs. 1, were issued at a price of at least Rs. 4.71 per share to both promoter and non-promoter groups. The shares are officially listed and available for trading effective December 30, 2025. This marks the completion of a significant capital infusion, although various tranches of these shares are subject to lock-in periods ending in June 2026 and June 2027.
Key Highlights
Trading approval granted for 25,58,32,190 equity shares of Rs. 1 each.
Shares issued at a premium of Rs. 3.71, totaling a price of Rs. 4.71 per share.
Listing and trading effective on BSE and NSE from December 30, 2025.
Lock-in periods for the new shares are staggered, with the latest ending on June 30, 2027.
💼 Action for Investors
Investors should account for the equity dilution resulting from this large issuance while monitoring the company's deployment of the raised capital. The lock-in periods provide some protection against immediate large-scale selling pressure from the new allottees.
Shah Metacorp to Raise ₹50 Crore via Rights Issue and Expand into USA
Shah Metacorp Limited has approved a Rights Issue to raise up to ₹50 Crore to strengthen its capital structure. The board also cleared a proposal to convert an existing ₹75 Crore unsecured loan from promoter Mona Viral Shah into equity shares, which will help reduce the company's debt-to-equity ratio. Additionally, the company is expanding internationally by acquiring a 50% stake in Shah Metacorp Holdings USA INC with an initial investment of USD 100,000 and a potential working capital loan of up to ₹100 Crore. These moves indicate a significant shift toward debt reduction and global diversification into trading and hospitality.
Key Highlights
Approved Rights Issue of equity shares (FV ₹1) for an aggregate amount not exceeding ₹50 Crore.
Conversion of ₹75 Crore promoter loan from Mona Viral Shah into equity shares to reduce debt obligations.
Strategic investment of up to USD 100,000 for a 50% stake in a new Delaware-based entity, Shah Metacorp Holdings USA INC.
Provision for a working capital loan of up to ₹100 Crore to the newly formed US subsidiary.
Reconstitution of the Rights Issue Committee to finalize pricing, ratio, and record date.
💼 Action for Investors
Investors should closely monitor the Rights Issue pricing and the resulting dilution from the promoter's debt-to-equity conversion. The expansion into US hospitality and trading represents a significant diversification from the core steel business and requires careful observation of capital allocation efficiency.
Shah Metacorp Approves ₹50 Cr Rights Issue and ₹100 Cr Loan to US Subsidiary
Shah Metacorp Limited has approved a Rights Issue of up to ₹50 crore to raise capital from existing shareholders. The board also cleared a significant expansion move, investing USD 100,000 for a 50% stake in a new US-based subsidiary and providing it with a working capital loan of up to ₹100 crore. Furthermore, an existing ₹75 crore unsecured loan from Promoter Mona Viral Shah will be modified to allow its conversion into equity shares through the Rights Issue. These decisions aim to restructure the company's debt and fund international diversification into trading and hospitality.
Key Highlights
Approved Rights Issue of equity shares (Face Value ₹1) for an aggregate amount not exceeding ₹50 Crore
Authorized investment of up to USD 100,000 for a 50% stake in Shah Metacorp Holdings USA INC
Approved a working capital loan of up to ₹100 Crore to the newly formed US subsidiary
Modified a ₹75 Crore loan agreement with Promoter Mona Viral Shah to enable debt-to-equity conversion
The US subsidiary will engage in general trading, hospitality, technology, and stainless-steel products
💼 Action for Investors
Investors should closely monitor the Rights Issue price and entitlement ratio, as the conversion of promoter debt will lead to equity dilution. The substantial loan commitment to a non-operational US entity requires careful evaluation of the company's capital allocation strategy.
Shah Metacorp Approves ₹50 Crore Rights Issue and Conversion of ₹75 Crore Promoter Loan
Shah Metacorp Limited has approved a fundraise of up to ₹50 Crore through a Rights Issue to existing shareholders. A key development is the modification of a ₹75 Crore unsecured loan from Promoter Mona Viral Shah, allowing it to be converted into equity shares. The company is also expanding internationally by acquiring a 50% stake in Shah Metacorp Holdings USA INC for $100,000 and providing it a working capital loan of up to ₹100 Crore. These steps are intended to strengthen the company's capital structure and support global diversification.
Key Highlights
Approved Rights Issue of equity shares for an aggregate amount not exceeding ₹50 Crore.
Modified ₹75 Crore loan agreement with Promoter Mona Viral Shah to allow conversion into equity.
Planned investment of $100,000 for a 50% stake in newly formed Shah Metacorp Holdings USA INC.
Authorized a working capital loan of up to ₹100 Crore for the USA subsidiary.
Reconstituted the Rights Issue Committee to determine pricing, ratio, and record date.
💼 Action for Investors
Investors should monitor the upcoming announcement regarding the Rights Issue price and entitlement ratio to evaluate potential dilution. The conversion of promoter debt into equity indicates long-term commitment but warrants a close look at the final conversion valuation.
Shah Metacorp to Raise ₹50 Crore via Rights Issue and Invest in US Subsidiary
Shah Metacorp's board has approved a Rights Issue to raise up to ₹50 crore from existing shareholders. A key component of this meeting was the approval to convert an existing unsecured loan of up to ₹75 crore from Promoter Mona Viral Shah into equity shares, which will improve the debt-to-equity ratio but cause dilution. The company is also expanding internationally, acquiring a 50% stake in Shah Metacorp Holdings USA INC for USD 100,000. Furthermore, the board approved a working capital loan of up to ₹100 crore for the US entity to support its global trading and hospitality objectives.
Key Highlights
Approved a Rights Issue of fully paid-up equity shares for an aggregate amount not exceeding ₹50 crore.
Modified a ₹75 crore loan agreement with Promoter Mona Viral Shah to allow conversion of debt into equity.
Strategic investment of up to USD 100,000 to acquire a 50% stake in Shah Metacorp Holdings USA INC.
Authorized a working capital loan of up to ₹100 crore for the newly formed US subsidiary.
Reconstituted the Rights Issue Committee and appointed intermediaries for the capital raising process.
💼 Action for Investors
Investors should closely monitor the upcoming announcement regarding the Rights Issue price and record date to assess the extent of equity dilution. The conversion of promoter debt into equity is a positive for the balance sheet but requires careful evaluation of the valuation at which the conversion occurs.
Shah Metacorp to Raise ₹50 Crore via Rights Issue and Expand into USA
Shah Metacorp Limited has approved a Rights Issue of up to ₹50 crore to raise capital for its operations. The company also plans to acquire a 50% stake in a newly formed US subsidiary, Shah Metacorp Holdings USA INC, with an initial investment of $100,000 and a potential working capital loan of up to ₹100 crore. A critical component of this announcement is the conversion of an existing unsecured loan of up to ₹75 crore from Promoter Mona Viral Shah into equity shares. These moves are designed to deleverage the balance sheet and fund international expansion into general trading and hospitality.
Key Highlights
Approved a Rights Issue of fully paid-up equity shares for an amount not exceeding ₹50 crore.
Proposed investment of up to $100,000 for a 50% stake in Shah Metacorp Holdings USA INC.
Conversion of an unsecured loan of up to ₹75 crore from Promoter Mona Viral Shah into equity shares.
Approval for a working capital loan of up to ₹100 crore to the new US-based subsidiary.
Modification of the original loan agreement dated March 31, 2025, to allow debt-to-equity conversion.
💼 Action for Investors
Investors should closely monitor the Rights Issue price and entitlement ratio, as the conversion of the promoter's debt into equity will lead to shareholding dilution while improving the debt-to-equity ratio. The significant capital allocation toward a new US subsidiary also warrants caution until a clear business roadmap for that entity is established.
Shah Metacorp to Raise ₹50 Crore via Rights Issue and Invest in USA Subsidiary
Shah Metacorp Limited has approved a Rights Issue of up to ₹50 crore to strengthen its capital structure. The board also cleared an investment of USD 100,000 for a 50% stake in a new US subsidiary, Shah Metacorp Holdings USA INC, along with a working capital loan of up to ₹100 crore for the same. A key development is the modification of a ₹75 crore loan from Promoter Mona Viral Shah, allowing it to be converted into equity shares under the Rights Issue. These moves indicate a push for international expansion and debt-to-equity restructuring.
Key Highlights
Approved Rights Issue of fully paid-up equity shares (FV ₹1) for an aggregate amount not exceeding ₹50 crore.
Investment of up to USD 100,000 for a 50% stake in Shah Metacorp Holdings USA INC to diversify offerings.
Modification of a ₹75 crore unsecured loan from Promoter Mona Viral Shah to allow conversion into equity shares.
Approval for a working capital loan of up to ₹100 crore to the newly formed US subsidiary.
Reconstitution of the Rights Issue Committee to oversee the pricing and entitlement ratio determination.
💼 Action for Investors
Investors should monitor the upcoming announcement regarding the Rights Issue price and record date to assess the potential dilution. The conversion of promoter debt into equity is a positive for the balance sheet but requires scrutiny of the conversion price relative to market value.
Shah Metacorp to Raise ₹50 Cr via Rights Issue and Expand into US Market
Shah Metacorp Limited has approved a Rights Issue of up to ₹50 crore to raise capital for business growth. The company is also venturing into the US market by acquiring a 50% stake in Shah Metacorp Holdings USA INC for $100,000 and providing a working capital loan of up to ₹100 crore. Additionally, the board has approved the conversion of an existing ₹75 crore unsecured loan from Promoter Mona Viral Shah into equity shares, which will help deleverage the balance sheet but may lead to equity dilution for minority shareholders.
Key Highlights
Approved Rights Issue of equity shares for an aggregate amount not exceeding ₹50 crore.
Proposed investment of up to $100,000 for a 50% stake in a new US-based subsidiary.
Authorized a working capital loan of up to ₹100 crore to the US entity for business operations.
Modification of ₹75 crore loan agreement with Promoter Mona Viral Shah to allow conversion into equity.
The Rights Issue price, ratio, and record date will be determined by a newly reconstituted committee.
💼 Action for Investors
Investors should monitor the upcoming announcement regarding the Rights Issue price and record date to evaluate the dilution impact. The conversion of promoter debt to equity is a positive signal of commitment but warrants a close look at the resulting change in shareholding patterns.
Shah Metacorp to Raise ‡50 Crore via Rights Issue and Expand into US Market
Shah Metacorp Limited has approved a Rights Issue of up to ‡50 Crore to raise capital from existing shareholders. The company is also venturing into the US market by acquiring a 50% stake in Shah Metacorp Holdings USA INC for $100,000 and providing a working capital loan of up to ‡100 Crore to the subsidiary. Additionally, the board approved converting an unsecured loan of up to ‡75 Crore from promoter Mona Viral Shah into equity shares. While this improves the debt-to-equity ratio, it will lead to significant equity dilution for minority shareholders.
Key Highlights
Approved Rights Issue of equity shares for an aggregate amount not exceeding ‡50 Crore.
Planned investment of up to $100,000 for 50% share capital in Shah Metacorp Holdings USA INC.
Authorized a working capital loan of up to ‡100 Crore to the US-based subsidiary.
Conversion of promoter Mona Viral Shah's ‡75 Crore unsecured loan into equity shares.
Promoter Mona Viral Shah currently holds 10.66 crore shares, representing a 12.04% stake.
💼 Action for Investors
Investors should carefully evaluate the Rights Issue price and the potential for significant dilution caused by the ‡75 Crore debt-to-equity conversion. Monitor the progress of the US subsidiary as the ‡100 Crore loan represents a substantial capital commitment to a new entity.
Shah Metacorp Approves ₹50 Crore Rights Issue and US Subsidiary Investment
Shah Metacorp Limited has approved a Rights Issue of up to ₹50 Crore to eligible shareholders. The board also cleared a proposal to convert an existing unsecured loan of up to ₹75 Crore from promoter Mona Viral Shah into equity shares, which will help reduce the company's debt. Additionally, the company is expanding internationally by acquiring a 50% stake in Shah Metacorp Holdings USA INC for USD 100,000 and providing it with a working capital loan of up to ₹100 Crores. These moves are intended to strengthen the balance sheet and support global diversification into trading and hospitality.
Key Highlights
Approved Rights Issue of equity shares for an aggregate amount not exceeding ₹50 Crore
Proposed conversion of promoter Mona Viral Shah's unsecured loan of up to ₹75 Crore into equity
Authorized investment of up to USD 100,000 for a 50% stake in Shah Metacorp Holdings USA INC
Approved a working capital loan of up to ₹100 Crores to the new US-based subsidiary
The US entity will diversify the company into hospitality, technology, and general trading
💼 Action for Investors
Investors should closely monitor the upcoming announcement regarding the Rights Issue price and entitlement ratio, as the promoter loan conversion will result in equity dilution. The shift toward international hospitality and technology sectors marks a significant strategic pivot that warrants a cautious approach until operational results are visible.
Shah Metacorp to Raise ₹50 Crore via Rights Issue and Invest in US Subsidiary
Shah Metacorp Limited has approved a Rights Issue to raise up to ₹50 crore, aimed at strengthening its capital structure. The company also plans to expand internationally by acquiring a 50% stake in Shah Metacorp Holdings USA INC for USD 100,000 and providing it a working capital loan of up to ₹100 crore. Notably, the board approved the conversion of an existing ₹75 crore unsecured loan from Promoter Mona Viral Shah into equity shares as part of the Rights Issue. These moves are intended to reduce debt obligations and support future growth initiatives, though they will result in equity dilution.
Key Highlights
Approved Rights Issue of equity shares for an aggregate amount not exceeding ₹50 crore.
Authorized investment of up to USD 100,000 for a 50% stake in a new US-based subsidiary.
Proposed a working capital loan of up to ₹100 crore to the US subsidiary for business operations.
Modified a ₹75 crore loan agreement with Promoter Mona Viral Shah to allow conversion into equity shares.
Reconstituted the Rights Issue Committee to determine pricing, ratio, and record dates.
💼 Action for Investors
Investors should closely monitor the upcoming announcement regarding the Rights Issue price and entitlement ratio to assess the extent of equity dilution. The conversion of the promoter's ₹75 crore loan into equity will improve the debt-to-equity ratio but may significantly impact minority shareholding.
Shah Alloys Sells 10.32% Stake in SAL Steel for ₹26.89 Crore
Shah Alloys Limited has completed the sale of 1,07,56,989 equity shares of SAL Steel Limited to Sree Metaliks Limited via an off-market transaction. This disposal represents a 10.32% stake in the target company, executed at a transaction value of approximately ₹26.89 crore. Following this sale, Shah Alloys' holding in SAL Steel has decreased from 29.03% to 18.71%. The transaction was carried out pursuant to a Share Purchase Agreement originally signed on September 04, 2025.
Key Highlights
Disposed of 1,07,56,989 equity shares of SAL Steel Limited via off-market mode
Total transaction value for the stake sale amounted to ₹26,89,24,725
Shah Alloys' shareholding in SAL Steel reduced from 29.03% to 18.71%
The stake was acquired by Sree Metaliks Limited as part of a pre-existing agreement
Post-transaction, Shah Alloys retains 1,95,00,000 shares in the target company
💼 Action for Investors
Investors should monitor the strategic implications of this stake reduction on Shah Alloys' balance sheet and how the ₹26.89 crore proceeds are utilized. For SAL Steel, the entry of Sree Metaliks as a significant shareholder may lead to changes in corporate governance or operational synergy.
Shah Alloys Sells 10.32% Stake in SAL Steel for ₹26.89 Crore
Shah Alloys Limited has completed the disposal of 1,07,56,989 equity shares of SAL Steel Limited to Sree Metaliks Limited via an off-market transaction. This sale represents 10.32% of the total share capital of SAL Steel and was executed at a transaction value of approximately ₹26.89 crore. Following this disposal, Shah Alloys' shareholding in SAL Steel has decreased from 29.03% to 18.71%. The transaction follows a Share Purchase Agreement originally dated September 04, 2025.
Key Highlights
Disposed of 1,07,56,989 equity shares of SAL Steel Limited to Sree Metaliks Limited
Total transaction value for the stake sale is approximately ₹26.89 crore
Promoter stake in SAL Steel reduced from 29.03% to 18.71% post-transaction
The sale represents 7.43% of the expanded and diluted paid-up share capital of the target company
Transaction was completed through off-market mode on December 26, 2025
💼 Action for Investors
Investors should monitor how Shah Alloys intends to utilize the ₹26.89 crore proceeds and observe the strategic influence Sree Metaliks Limited will now exert on SAL Steel. The reduction in promoter holding by Shah Alloys marks a significant shift in the ownership structure of the associate company.
Shah Metacorp Faces NCLT Application Under Section 9 of IBC by Tejomay Exim Corporation
Shah Metacorp Limited has been served an application filed by M/s. Tejomay Exim Corporation at the NCLT Ahmedabad bench. The application is filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, which is typically used by operational creditors to initiate insolvency proceedings. Currently, the company has stated that the specific quantum of claims and the expected financial implications are not yet determined. This legal development poses a risk to the company's operational stability depending on the tribunal's decision to admit the case.
Key Highlights
Application filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016.
Litigation initiated by operational creditor M/s. Tejomay Exim Corporation at NCLT Ahmedabad.
The quantum of claims and potential financial impact are currently undisclosed and under determination.
Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
💼 Action for Investors
Investors should monitor the NCLT proceedings closely for any admission of the petition, which could lead to insolvency resolution. Caution is advised as such legal actions often result in significant stock price volatility and risk to equity holders.
Shah Metacorp Approves Unaudited Financial Results for Sep 30, 2025
Shah Metacorp Limited's board approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The company's revenue from operations for the quarter ended September 30, 2025, stood at ₹6,677.25 lakhs. Profit after tax attributable to owners of the company for the half year ended September 30, 2025 was ₹456.34 lakhs. The company issued 25,58,32,190 equity shares on a preferential basis at ₹4.71 per share during the period.
Key Highlights
Revenue from Operations for the quarter ended Sep 30, 2025: ₹6,677.25 lakhs
Total Revenue for the half year ended Sep 30, 2025: ₹9,701.28 lakhs
Profit after tax attributable to owners for the half year ended Sep 30, 2025: ₹456.34 lakhs
Issued 25,58,32,190 equity shares on a preferential basis at ₹4.71 per share
Outstanding trade receivables amounting to ₹88.82 Crs.
💼 Action for Investors
Investors should review the detailed financial results and monitor the company's efforts to recover outstanding trade receivables. Keep an eye on the impact of the preferential share issuance on equity dilution.