StockWatch
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Printing & Publication
AGM/EGM13 Nov 2026, 04:30 pm

Shakti Press EGM on Dec 5 to Approve ₹9.79 Cr Preferential Issue

AI Summary

Shakti Press Ltd. will hold an Extra Ordinary General Meeting (EGM) on December 5, 2026, via Video Conferencing. The primary agenda is to approve the issuance and allotment of up to 71,00,000 equity shares at ₹13.79 per share, aggregating to ₹9,79,09,000 (₹9.79 Crore). This preferential issue is proposed to be made to promoter group entities, including Raghav Sharma, Shailja Raghav Sharma, Shantanu Sharma, and Shakti Offset Pvt Ltd. The meeting will also discuss and approve the terms and conditions of this preferential allotment, which is subject to regulatory approvals and lock-in periods as per SEBI ICDR Regulations.

Key Highlights

  • EGM scheduled for December 5, 2026, via Video Conferencing.
  • Proposal to issue 71,00,000 equity shares at ₹13.79 each.
  • Total preferential issue size of ₹9.79 Crore.
  • Allotment to promoter group entities.
  • Shares subject to lock-in period as per SEBI regulations.