Shakti Press Limited has formally notified BSE Limited about an upcoming board meeting scheduled for April 29, 2026, at the company's registered office. The meeting intimation, filed under Regulation 29(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines the approval of critical documents related to a rights issue.

Meeting Agenda and Documentation

The board meeting will focus on two primary agenda items essential for the rights issue process:

The comprehensive documentation package indicates the company is preparing for a rights issue, which requires regulatory approval of multiple interconnected documents before proceeding with the offering to existing shareholders.

Regulatory Compliance

The intimation was signed by Raghav Kailashnath Sharma, Managing Director (DIN: 00588740), and submitted on April 24, 2026. This advance notice demonstrates the company's adherence to SEBI's disclosure requirements, which mandate prior intimation of board meetings discussing material corporate actions.

Company Background

Shakti Press Limited operates as multicolor offset printers, packagers, and stationers, celebrating its 73rd anniversary. The company is incorporated under CIN: L22219MH1993PLC071882 and trades on BSE with scrip code 526841. The rights issue documentation approval represents a significant corporate development for the printing and packaging company.

The formal board meeting will enable Shakti Press Limited to move forward with its rights issue plans, subject to board approval of the requisite documentation and subsequent regulatory clearances.

Shakti Press Limited has received a substantial acquisition disclosure from promoter Suresh Kumar Sharma regarding the sale of equity shares through open market transactions. The disclosure, filed under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details a reduction in the promoter's shareholding in the BSE-listed company.

Transaction Details

The disclosure reveals that Suresh Kumar Sharma sold 12,037 equity shares representing 0.342% of the company's total share capital through open market transactions. The shares sold were equity shares ranking pari-passu with existing equity shares of the target company.

Shareholding Changes

The transaction resulted in a notable change in Suresh Kumar Sharma's shareholding pattern in Shakti Press Limited. His total holding decreased from 110,021 shares to 97,984 shares, representing a reduction in his percentage holding from 3.125% to 2.783%.

Company Capital Structure

Shakti Press Limited maintains a stable equity share capital structure with 35,20,200 equity shares of Rs. 10/- each. The company's total voting capital remained unchanged both before and after the transaction, with the same number representing the total diluted share capital.

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations governing substantial acquisitions and takeovers. As a promoter of the company, Suresh Kumar Sharma is required to disclose any changes in his shareholding that cross specified thresholds. The filing confirms his status as a member of the promoter group and provides comprehensive details of his holdings before and after the transaction.

The disclosure was signed by Suresh Kumar Sharma from Nagpur and submitted to the stock exchange as per regulatory requirements. Shakti Press Limited's shares are listed on the Bombay Stock Exchange (BSE).