Shah Metacorp Ltd

1. Outcome of Board Meeting for Allotment of 82800000 Equity Shares of Rs. 1/- Each to be issued at a price not less than Rs. 3.24/- To Promoters and Non-Promoters respectively 1.1. Out of the allotment of 82800000 Equity Shares:(i) Allotted 21800000 Equity Shares of Rs. 1/- Each to be issued at a price not less than Rs. 3.24/- To Promoters; and (ii) Allotted 61000000 Equity Shares of Rs. 1/- Each to be issued at a price not less than Rs. 3.24/- To Non-Promoters .2. Allotment of 22800000 Convertible Warrants into Equity Shares of Rs. 1/- Each to be issued at a price not less than Rs. 3.24/- to Promoters on a Preferential Basis.