Shakti Press Limited , a multicolor offset printer, packager, and stationer, has announced significant changes to its business structure and focus. The company's Board of Directors has approved several key decisions that signal a major shift in its operations and future direction.

Authorized Share Capital Increase

The Board has approved an increase in the company's authorized share capital from Rs. 16.53 crore to Rs. 31.53 crore. This expansion represents a substantial 90.7% increase in the company's potential capital base. The details of this increase are as follows:

This increase in authorized share capital provides Shakti Press with the flexibility to raise additional funds in the future, which may be crucial for its planned expansion and diversification efforts.

Diversification into Agriculture

In a strategic move, Shakti Press has decided to diversify its business into the agricultural sector. The Board has approved the addition of new business objectives to the company's Memorandum of Association, subject to shareholder approval. These new objectives include:

1. Cultivation, processing, and trading of agricultural products, including fruits, vegetables, seeds, organic produce, and herbal products.
2. Setting up processing units for import, export, distribution, and sale of agricultural produce.
3. Providing consultancy services to farmers on organic production, crop rates, and future price trends.
4. Manufacturing and trading agricultural equipment, particularly sprayers and their spare parts.
5. Offering assistance to agricultural businesses in obtaining financial support from institutions like NABARD or private investors.

This diversification represents a significant shift for Shakti Press, moving beyond its traditional printing and packaging business into the agricultural sector.

Additional Business Expansions

The company has also outlined plans to engage in several related activities:

• Acquiring agricultural land and operating as farmers and gardeners.
• Undertaking activities related to processing, preservation, and storage of agricultural products.
• Manufacturing and trading products for pest control and general insect control.
• Providing end-to-end solutions for hydroponic and aeroponic farming.

Financial Results Submission

The Board meeting also included the submission of financial results for the quarter ended September 30. However, specific details of these results were not provided in the available information.

Shareholder Approval and Implementation

It's important to note that these changes, particularly the increase in authorized share capital and the addition of new business objectives, require shareholder approval at the upcoming general meeting. The company will also need to secure necessary regulatory approvals to implement these changes.

These strategic decisions by Shakti Press Limited indicate a significant pivot in the company's business model, potentially opening up new revenue streams and growth opportunities in the agricultural sector.

Shakti Press , a company listed on the Bombay Stock Exchange (BSE: 526841), has announced significant changes to its board of directors following decisions made at its 32nd Annual General Meeting (AGM) held on September 26, 2025. The meeting, conducted via video conferencing, saw the appointment of two new directors to strengthen the company's leadership team.

New Executive Director Appointed

Mr. Subrat Prithwishchandra Banerjee has been appointed as an Executive Director of Shakti Press. The appointment, approved by the shareholders, comes with a monthly salary of Rs. 25,000.00, inclusive of incentives and perquisites as per company policy. Mr. Banerjee's primary responsibility will be managing the company's factory operations.

Key details of Mr. Banerjee's appointment include:

• Appointment Term: Five years
• Director Identification Number (DIN): 02889942
• Role: Executive Director, liable to retire by rotation
• Background: Rich experience in managing plant operations and industrial production

Independent Director Joins the Board

In addition to Mr. Banerjee's appointment, the AGM also approved the induction of Mr. Pradip Sudhakarao Channe as an Independent Director (Non-Executive) of the company. Mr. Channe's appointment is also for a five-year term.

Highlights of Mr. Channe's appointment:

• Director Identification Number (DIN): 01589836
• Role: Independent Director (Non-Executive), not liable to retire by rotation
• Expertise: Governance, taxation, finance, and corporate law

Leadership Structure

The company's leadership now includes:

• Mr. Raghav Kailashnath Sharma: Continues to serve as the Managing Director
• Mr. Subrat Prithwishchandra Banerjee: Newly appointed Executive Director
• Mr. Pradip Sudhakarao Channe: Newly appointed Independent Director (Non-Executive)

Other AGM Proceedings

The 32nd AGM also addressed several other important matters:

Financial Performance

The company reported a turnover of Rs. 1302.78 lakh and a Profit after Tax of Rs. 6.70 lakh for the financial year 2024-25. No dividend was proposed.

Auditor Appointment

M/s. Jain Paranjape & Associates were appointed as Secretarial Auditors for a five-year term from April 1, 2025, to March 31, 2030.

Capital Structure Changes

• The Authorized Share Capital was increased from Rs. 11.00 crore to Rs. 16.53 crore.
• Approval was granted for the issue of up to 1 crore fully convertible equity warrants at Rs. 27.25 per warrant, potentially raising Rs. 27.25 crore.

These appointments and decisions reflect Shakti Press's efforts to strengthen its governance and operational capabilities as it moves forward in the printing and packaging industry.

Ms. Shivani Goydani Mundra, the Company Secretary & Compliance Officer, oversaw the AGM proceedings and ensured compliance with all regulatory requirements.