Outcome of Board Meeting

Date: September 10, 2026 To, To, Bombay Stock Exchange Limited National Stock Exchange of India Ltd., 1st Floor, New Trading Ring, Exchange Plaza, C-1, Block G, Rotunda Building, P. J. Tower, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001. Bandra (E), Mumbai – 400 051 Scripcode:533275 Company Symbol: SHAH Dear Sir/Madam, Subject: Submission of outcome of Board Meeting in compliance with the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). With reference to the above-mentioned subject, we wish to inform that, a meeting of the Board of Directors of the company at their today’s Meeting i.e. Thursday, September 10, 2026 has besides other matters, inter alia considered and approved the allotment of 2,75,00,000 (Two Crore Seventy-Five Lakhs) fully paid-up Equity Shares of face value of Re. 1/- each at an issue price of Rs. 4.71/- per share (including a premium of Rs. 3.71/- per share) to Ms. Mona Viral Shah, Promoter and Director of the Company, upon the exercise of rights attached to convertible warrants previously issued on a preferential basis, as detailed below: 1. 1,00,00,000 Equity Shares pursuant to the exercise of conversion options attached to 1,00,00,000 warrants out of the 2,00,00,000 warrants allotted on June 28, 2025; and 2. 1,75,00,000 Equity Shares pursuant to the exercise of conversion options attached to 1,75,00,000 warrants out of the 2,40,00,000 warrants allotted on June 26, 2025. The Company has received the conversion request letter from Ms. Mona Viral Shah along with the balance 75% consideration at the rate of Rs. 3.5325/- per warrant aggregating to ₹9,71,43,750/- (Rupees Nine Crore Seventy-One Lakhs Forty-Three Thousand Seven Hundred and Fifty only) in the designated separate bank account of the Company. Accordingly, pursuant to the Allotment, the paid-up equity share capital of the Company has increased from ₹99,23,74,228/- comprising of 99,23,74,228 fully paid-up equity shares to ₹ 1,01,98,74,228/- comprising of 1,01,98,74,228 fully paid-up equity shares. The allotment of the equity shares shall be made in dematerialized form and the equity shares so allotted shall rank pari passu with the existing Equity Shares of the Company in all respects. The requisite details for the aforesaid in terms of Regulation 30 read with Schedule III of the Listing Regulations and SEBI Master Circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, are enclosed as “Annexure-A”. The meeting of the Board commenced at 07:00 p.m. and concluded at 07:30 p.m. The above information is available on the website of the Company www.shahmetacorp.com. You are requested to take the same on your record. Thanking You, Yours faithfully, For Shah Metacorp Limited Hiral Patel Company Secretary M. No. A56573 Annexure-A Disclosure of information pursuant to regulation 30 of SEBI LODR Regulations read with SEBI's circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: Particulars Details Type of securities proposed to be Equity Shares upon conversion of Warrants into issued (viz. equity shares, equivalent number of Equity Shares of Re. 1/- each. convertibles, etc. Type of issuance (further public Preferential allotment in accordance with Chapter offering, rights issue, depository V of the SEBI ICDR Regulations 2018 and other receipts (ADR/GDR), qualified applicable law institutions placement, preferential allotment etc.) Total number of securities Allotment of 2,75,00,000 Fully Paid-up Equity proposed to be issued or the total Shares at an issue price of ₹.4.71/-each (including amount for which the securities premium ₹3.71 each), upon conversion for equal will be issued (approximately) number of Warrants allotted at an issue price of ₹ 4.71/- each upon receipt of balance amount at the rate of ₹ 3.5325/- per warrant (being 75% of the issue price per warrant) aggregating to ₹ 9,71,43,750/-. Note: Total 240,00,000 Conversible Warrants was allotted to Ms. Mona Shah on June 26, 2025 and 200,00,000 Conversible Warrants was allotted to Ms. Mona Shah on June 28, 2025. Additional Information in case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): a. Name of Investors Ms. Mona Viral Shah b. Post Allotment of securities - Allotment of 1,00,00,000 (One Crore) equity shares outcome of the subscription, pursuant to exercise of right attached to convertible issue price / allotted price warrants out of total issued 2,00,00,000 convertible (in case of convertibles), warrants into equity shares on June 28, 2025 and allotment of 1,75,00,000 (One Crore Seventy Five Lakhs) equity shares pursuant to exercise of right attached to convertible warrants out of total issued 2,40,00,000 convertible warrants into equity shares on June 26, 2025 to Ms. Mona Viral Shah- Promoter and Director at an issue price of Rs. 4.71 per share [Rs. 1/- face value + Rs. 3.71/- premium per share] Now, 2,75,00,000 Equity Shares have been allotted on receipt of balance amount at the rate of Rs. 3.5325/- per warrant (being 75% of the issue price per warrant). Note: 65,00,000 warrant is pending for Conversion out of total warrant issued and allotted on June 26, 2025. c. No. of Investors 01 (One) d. in case of convertibles - As the total consideration of the Rs. 9,71,43,750/- intimation on conversion of for 275,00,000 Convertible Warrants is received, securities or on lapse of the the Equity Shares are allotted pursuant to exercise tenure of the instrument; of the conversion of Convertible Warrants. e. Any cancellation or Not Applicable termination of proposal for issuance of securities including reasons thereof Name of Date of Total No. of Total number of Number of Number of Allottee allotment of warrants pending Equity Warrants and warrants allotted convertible Shares Outstanding category. warrants Prior to allotted for conversion on upon Conversion 10.09.2026 conversion of Warrant 10.09.2026 Mona Viral 26-06-2025 2,40,00,000 2,40,00,000 175,00,000 65,00,000 Shah, 28-06-2025 2,00,00,000 1,00,00,000 1,00,00,000 0 Promoter, Director Total 4,40,00,000 3,40,00,000 2,75,00,000 65,00,000