Shah Metacorp Limited: Newspaper Notice on Postal Ballot and E-Voting Details
Shah Metacorp Limited published a newspaper advertisement on August 28, 2026, detailing the Notice of Postal Ballot and remote e-voting. This complies with SEBI regulations. Separately, Bank of Baroda issued a notice to borrowers on July 31, 2026, regarding an outstanding loan of Rs. 66.47 Lakhs, classifying the account as NPA.
The announcement is a routine regulatory disclosure regarding a postal ballot. The separate banking notice, while significant for the individuals involved, does not directly impact Shah Metacorp Limited's operations or financial standing as a listed entity.
The announcement is primarily a regulatory filing regarding a postal ballot notice. While it references a separate banking notice about loan defaults, the core company announcement itself is procedural and neutral in sentiment.
Shah Metacorp Limited has issued a newspaper advertisement regarding the Notice of Postal Ballot and remote e-voting details. This public notice was published in the Business Standard (English Edition) and Jai Hind (Gujarati Edition) newspapers on August 28, 2026.
The company is informing the stock exchanges, Bombay Stock Exchange Limited and National Stock Exchange of India Ltd., about this publication as per Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The enclosed copies of the advertisement serve for information and record purposes.
The announcement also references a separate notice to borrowers under the SARFAESI Act, 2002, from Bank of Baroda, Gothan Branch, dated July 31, 2026. This notice pertains to outstanding loan amounts aggregating to Rs. 66,47,056.70 plus interest and other charges, with a deadline of 60 days for repayment to avoid further action under the Act. The default in the Term Loan account was classified as Non-Performing Asset (NPA) on July 30, 2026.
A plain-language summary of a public exchange filing by Shah Metacorp Limited. Read the original for the full detail.