Shah Metacorp M appointed
Shah Metacorp (SHAH) said M has been appointed. The company is valued at about ₹326 crore.
What happened
Shah Metacorp (SHAH) told the exchanges on 30 September 2026 at 07:58 PM that M has been appointed.
From the filing: "Shah Metacorp Limited has informed the Exchange regarding Appointment of Ms M/s."
Company snapshot
Shah Metacorp is a micro-cap company, with a market value of about ₹326 crore.
The stock last traded at ₹3.18, against a 52-week range of ₹2.56–₹5.84 (45.5% below the high).
Before this filing the shares had moved −15.9% over the month and −23.0% over three months. Average daily turnover over the last 20 sessions was about ₹0.66 crore.
Promoters held 32.51% at the end of Q2 FY27, up 0.43% points from the previous quarter. Foreign institutions owned 1.04% and domestic institutions 0.97%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 29 | 2.5 | 0.04 |
| Q2 FY26 | 96 | 4.6 | 0.04 |
| Q3 FY26 | 50 | 0.7 | 0.01 |
| Q4 FY26 | 62 | 8.3 | 0.09 |
| Q1 FY27 | 57 | 3.5 | 0.04 |
What history shows
This is not the company's first management change disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.8% on average the next trading day and was down 5.5% on average after five days (4 filings with price data).
Market-wide, 3,837 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 31 Aug 2026 | Management change | −1.1% | −6.9% |
| 31 Aug 2026 | Board Meeting Outcome for Submission Of Outcome Of Board Meeting In… | −1.1% | −6.9% |
| 12 Aug 2026 | Appointment of Mr RJ & Associ as Other of the company w.e.f. August… | +2.7% | −3.5% |
| 16 Jul 2026 | Appointment of Viral Shah as Executive Director of the company… | −3.5% | −4.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.