Shakti Press Ltd has announced a board meeting to evaluate fund raising opportunities through multiple financial instruments. The company has formally notified the Bombay Stock Exchange about this significant corporate development in compliance with regulatory requirements.

Board Meeting Details

The board meeting has been scheduled for Tuesday, January 6, 2025, at the company's registered office. The primary agenda focuses on fund raising proposals that could reshape the company's capital structure.

Fund Raising Options Under Consideration

The board will evaluate multiple fund raising mechanisms to determine the most appropriate approach for the company's capital requirements. The proposed options include:

• Qualified Institutional Placement (QIP)
• Private placement of securities
• Preferential issue of securities
• Rights issue to existing shareholders
• Other permissible modes or combinations thereof

All proposed fund raising activities will be subject to necessary regulatory approvals, including member approval through general meeting or postal ballot, along with applicable statutory and regulatory clearances.

Trading Window Restrictions

In accordance with insider trading regulations, Shakti Press Ltd has implemented trading window restrictions for company securities. The trading window will remain closed from January 4, 2026, until 48 hours after the board meeting outcome is announced.

Regulatory Compliance

The company has issued this intimation under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Raghav Sharma, Managing Director (DIN: 00588740), from the company's Nagpur office on January 1, 2026.

The board meeting represents a significant step in the company's capital planning strategy, with the outcome potentially influencing future business operations and growth initiatives.

Shakti Press Limited has successfully concluded its Extraordinary General Meeting (EGM) with shareholders providing unanimous approval for significant corporate restructuring and business diversification plans. The EGM, held on December 12, 2025, marked a pivotal moment for the multicolor offset printer, packager, and stationer as it formally ratified major strategic changes with 100% votes in favor.

EGM Proceedings and Approvals

The EGM was conducted through Video Conferencing (VC)/OAVM from 1:00 PM to 1:30 PM IST, in compliance with the Companies Act, 2013 and relevant MCA circulars. Shareholders unanimously passed both resolutions presented for approval with complete consensus:

Authorized Share Capital Enhancement

Shareholders approved the increase in authorized share capital from ₹16.53 crore to ₹31.53 crore, representing a substantial 90.70% expansion. This enhancement provides the company with greater financial flexibility for future growth initiatives:

The consequential amendment to Clause V of the Memorandum of Association was also approved to reflect this capital structure change.

Strategic Business Diversification

The special resolution for business diversification into agriculture and related sectors received unanimous shareholder approval. The approved additions to Clause III(A) of the Memorandum of Association include:

Agricultural Operations:

• Cultivation, processing, and trading of agricultural products including fruits, vegetables, seeds, and organic produce
• Import, export, distribution, and sale of agricultural commodities
• Hydroponic and aeroponic farming solutions

Equipment and Advisory Services:

• Manufacturing and trading agricultural equipment, particularly sprayers and spare parts
• Consultancy services for organic production and crop management
• Financial assistance coordination with institutions like NABARD

Additional Ventures:

• Processing, preservation, and storage facilities for agricultural products
• Pest control and insect control product manufacturing
• Public health products development

Regulatory Compliance and Next Steps

The company has fulfilled its regulatory obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Shivani Goydani Mundra formally submitted the EGM proceedings to BSE Limited, confirming that all resolutions were passed with 100% votes in favor.

With unanimous shareholder approval secured, Shakti Press can now proceed with implementing these strategic changes, marking its transformation from a traditional printing and packaging company to a diversified enterprise with significant presence in the agricultural sector.