Shakti Press allots 2.46cr rights shares at ₹20 each

Shakti Press Ltd has successfully allotted 2,46,41,400 Rights Equity Shares to eligible shareholders, raising a total of ₹4928.28 Lakhs to fund its corporate objectives. The allotment was approved by the Board of Directors during a meeting held on June 05, 2026, following the finalized Basis of Allotment established in consultation with BSE Limited. This issuance marks the completion of the company's Rights Issue process, which was executed in accordance with the Letter of Offer dated April 29, 2026.

The Rights Equity Shares carry a face value of ₹10 each and were issued at a premium, with the issue price fixed at ₹20 per share. The proceeds from this issue are intended to strengthen the company's financial position and support its strategic initiatives.

Allotment Details

The specific breakdown of the allotment is as follows:

Particular	Number of shares	Amount in Rs.
Equity Shares	2,46,41,400	4928.28 Lakhs

Monitoring Agency Appointment

To ensure transparency and accountability in the deployment of the funds raised, the Board has appointed Brickwork Ratings India Private Limited as the monitoring agency. This appointment is in compliance with Regulation 32 of the SEBI (LODR) Regulations, 2015 and other applicable SEBI guidelines. The agency will oversee the utilization of the proceeds, ensuring adherence to the stated objectives.

The Board meeting, which commenced at 7:00 PM and concluded at 7:50 PM, also reviewed the consent letter from Brickwork Ratings India Private Limited confirming their acceptance of the role.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.98%	-19.25%	+0.92%	+27.02%	+26.09%	+190.99%

Shakti Press Limited has scheduled an Extraordinary General Meeting (EGM) on June 25, 2026, to seek shareholder approval for increasing its authorized share capital to ₹50.43 crore. The company aims to utilize the additional capital to fund the expansion of its production and operations. The meeting will be held via Video Conferencing and Other Audio Visual Means at 12.30 PM IST.

Proposed Alteration in Capital

The Board of Directors proposes to alter Clause V of the Memorandum of Association to increase the authorized share capital. The existing capital of ₹31,53,00,000, divided into 2,85,30,000 equity shares of ₹10 each and 3,00,000 non-cumulative redeemable preference shares of ₹100 each, will be increased. The new structure will consist of 4,74,30,000 equity shares of ₹10 each and 3,00,000 preference shares of ₹100 each.

The increase involves the addition of 1,89,00,000 equity shares valued at ₹18,90,00,000. The resolution requires approval from the Registrar of Companies and other regulatory authorities. None of the directors are reported to be interested in this resolution.

Shareholder Voting and Key Dates

Shareholders eligible to vote must ensure their names appear in the Register of Members or Beneficial Owners as on the record date, which is fixed as Friday, May 29, 2026. Remote e-voting will be available from 9.00 a.m. on June 22, 2026, until 5.00 p.m. on June 24, 2026.

The following table outlines the key financial details of the proposed capital alteration:

Parameter	Existing Structure	Proposed Structure
Total Authorized Capital	₹31,53,00,000	₹50,43,00,000
Total Equity Shares	2,85,30,000	4,74,30,000
Face Value of Equity Shares	₹10	₹10
Preference Shares	3,00,000	3,00,000
Face Value of Preference Shares	₹100	₹100

Procedural Details

The EGM notice was issued by Raghav Kailashnath Sharma, Managing Director, on May 29, 2026. The facility for e-voting is being provided in compliance with Section 108 of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders can participate through NSDL or CDSL systems or via the InstaVote platform.