Board Meeting29 May 2026, 01:27 am

526841 Board Approves ₹50.43 Cr Authorized Share Capital Increase

AI Summary

The Board of Directors of 526841, Shakti Press Ltd., held a meeting on May 28, 2026, and approved an increase in the company's Authorized Share Capital from ₹31.53 Crore to ₹50.43 Crore. This increase will be divided into 4,74,30,000 Equity Shares of ₹10 each and 3,00,000 Non-Cumulative Redeemable Preference Shares of ₹100 each. To obtain necessary member approval for this alteration, an Extra Ordinary General Meeting (EGM) will be convened on Thursday, June 25, 2026, via video conferencing. The Board also appointed National Securities Depository Limited (NSDL) as the Remote E-Voting Agency and CS Adhishree Pimplapure as Scrutinizer for the EGM.

Key Highlights

Board approved increasing Authorized Share Capital from ₹31.53 Cr to ₹50.43 Cr.
New capital structure includes 4.74 Cr equity shares and 3 lakh preference shares.
An Extra Ordinary General Meeting (EGM) is scheduled for June 25, 2026, for shareholder approval.
NSDL appointed as Remote E-Voting Agency for the EGM.
CS Adhishree Pimplapure appointed as Scrutinizer for the EGM voting process.

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SHAKTIPR

Printing & Publication

SHAKTI PRESS LTD.

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