Shah Metacorp Ltd

⚡ Shah Metacorp Invests ₹52K in Solar Firm for Cost Savings & Synergies

• Shah Metacorp Limited (formerly Gyscoal Alloys Limited) approved an equity investment of ₹52,000 for a 26% stake in Strike Eco Grid Private Limited.

• The investment involves acquiring 5,200 equity shares at ₹10 per share, with completion scheduled on or before May 15, 2026.

• Strike Eco Grid operates in the Power and Renewable Energy industry, focusing on solar EPC, power generation, and ESG services.

• The investment aims to provide Shah Metacorp with captive solar benefits, reducing operational costs and creating supply chain synergies.

• Funding will be provided in cash, including potential loans for working capital.