Corporate Action5 Nov 2026, 08:01 pm
Shakti Press Ltd Approves Preferential Issue of 71 Lakh Shares
AI Summary
Shakti Press Limited's Board of Directors has approved a preferential issue of up to 71,00,000 equity shares at ₹13.79 per share, amounting to approximately ₹9.79 Crore. This move is subject to shareholder approval, for which an Extra Ordinary General Meeting (EGM) will be convened on December 5, 2026. The company also approved the submission of its financial results for the quarter ended September 30, 2026. MUFG Intime India Private Limited has been appointed as the Remote E-Voting Agency, and CS Sakshi Khandelwal as Scrutinizer for the EGM.
Key Highlights
- Board approved preferential issue of 71 lakh equity shares at ₹13.79 each.
- Total fundraising via preferential issue is approximately ₹9.79 Crore.
- An EGM is scheduled for December 5, 2026, to seek shareholder approval.
- Financial results for Q2 FY27 were also approved for submission.
- Remote e-voting agency and scrutinizer appointed for EGM.
Price Impact
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