Sellwin Traders Ltd. would spend Approximately Rs. 200 million in Shah Metacorp Ltd. over the course of the following two years.

In line with the company's long-term growth plan, strategic investment seeks to take advantage of the metals industry's abundant potenti.

Over the course of the following two years, Shah Metacorp Ltd. (a BSE and NSE listed company) will receive an investment of about Rs. 200 million from Sellwin Traders Ltd. This calculated risk-take is in line with the company's long-term growth plan and intends to take advantage of the bright prospects in the metals sector.

The investment will be used to support the expansion plans of Shah Metacorp Ltd., improve production capabilities, fortify R&D capabilities, and investigate untapped market niches. Our goals in collaborating with Shah Metacorp Ltd are to take advantage of synergies, increase operational effectiveness, and add value for our investors.

Highlights include:

The Board authorized the issuance of 31.7 million convertible warrants at an issue price of Rs. 12.95 per share, representing a preference convertible warrant issue of over Rs. 410 million.

The investment will be used to support the expansion plans of Shah Metacorp Ltd., improve production capabilities, bolster R&D, and investigate untapped market niches.

In order to make strategic investments, the firm entered into share purchase agreements in March 2024. Specifically, it acquired 66.67% of the whole paid-up share capital in Patel & Patel E-Commerce And Services Pvt Ltd and 60% of the total paid-up share capital in Mannibhadra Aggro Pvt Ltd.

A well-known participant in the metal industry, Shah Metacorp Ltd. is praised for its creative products, robust operational skills, and environmentally friendly business methods. Shah Metacorp Ltd. offers our organization a strong investment opportunity because of its proven track record of providing value to its stakeholders.

The Board of Directors of Sellwin Traders Ltd. has authorized the issuance of 3,17,80,000 convertible warrants, each with the right to subscribe for one equity share per warrant, to individuals in the Non Promoter Category. The warrants will be issued at a price of Rs. 12.95 each, with the option for preferential allotment upon payment of 25% of the issue price, in compliance with the SEBI ICDR Regulations, 2018. The company plans to offer preferential warrants for more than Rs. 410 million.

In order to make a strategic investment in Patel & Patel E-Commerce And Services Pvt Ltd, the company entered into a share purchase agreement earlier in March 2024. On March 6, 2024, it purchased or subscribed for 66.67% of the company's total paid-up share capital in the form of equity shares.  The present business activities of Patel & Patel E-Commerce And Services Pvt Ltd include designing, developing, customizing, implementing, maintaining, testing, and benchmarking software as well as dealing with computer software and solutions.

In the meeting conducted today, March 7, 2024, the company also entered into a share purchase agreement with the goal of strategically investing in Mannibhadra Aggro Pvt Ltd by purchasing or subscribing 60% of the total paid-up share capital in the form of equity shares. Agriculture is the current line of business for Mannibhadra Aggro Pvt Ltd.

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