Shakti Press Ltd will hold a board meeting on Monday, October 26, 2026, at 2 pm to evaluate proposals for raising funds through various securities issuance modes.

The company informed the Bombay Stock Exchange that the meeting will consider issuing instruments via qualified institutional placement, private placement, preferential issue, rights issue, or other permissible combinations. These actions remain subject to necessary regulatory approvals and member consent via general meeting or postal ballot.

Trading window closure

The trading window for dealing in the company's securities will remain closed from October 24, 2026, until 48 hours after the board meeting outcome. This restriction applies to all directors, designated employees, insiders, and their immediate relatives to prevent insider trading during the decision-making process.

Meeting agenda

The primary agenda item involves evaluating the specific mode of fund raising suitable for the company's requirements. The board will also transact any other business matters with the permission of the chairperson.

Shakti Press Limited shareholders overwhelmingly approved the company’s financial statements for FY26 and ratified key related-party transactions at its 33rd Annual General Meeting held on August 21, 2026. The resolutions passed with approximately 99% of votes cast in favor.

The meeting was conducted via Video Conferencing and Other Audio Visual Means (OAVM), in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ms. Shivani Goydani, Company Secretary & Compliance Officer, presided over the proceedings.

Key Resolutions Passed

Members transacted three primary agenda items through remote e-voting and active e-voting during the session:

• Adoption of Financial Statements: Shareholders adopted the audited financial results for the fiscal year ended March 31, 2026, along with the Board’s Report and Statutory Auditors’ Report.
• Reappointment of Director: Mr. Shantanu Raghav Sharma (DIN: 02903419), who retired by rotation, was reappointed as a director after offering himself for the role.
• Ratification of Related-Party Transactions: The board sought approval for transactions entered into during FY25-26 under Section 188 of the Companies Act, 2013. These included dealings with Sankalp Marketing & Managing Services, S.S. Enterprises, Milita Wong, Key Managerial Personnel remuneration, and operational reimbursements.

Voting Process & Scrutiny

The company provided a remote e-voting facility to all members, supplemented by an active e-voting window that remained open for 15 minutes post-meeting. Ms. Sakshi Khandelwal, a Practicing Company Secretary, served as the independent Scrutinizer for the voting process. The consolidated voting results were submitted to BSE Limited and displayed on the company’s website within the statutory timeline.

What the Numbers Show

The near-unanimous support (~99%) across all three resolutions indicates strong shareholder alignment with the board’s governance decisions and financial reporting for FY26. There were no adverse remarks or qualifications from the Statutory or Secretarial Auditors, signaling clean compliance with regulatory standards.