Approved the raising of funds, through issuance and allotment of equity shares having face value of 10/- each up to an aggregate amount not exceeding Rs. 50 crore (Rupees Fifty Crore ....
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Shakti Press Ltd's Board of Directors, at a meeting held on January 6, 2026, approved raising funds of up to Rs. 50 crore through a Rights Issue of equity shares with a face value of Rs. 10 each. The shares will be offered to existing eligible equity shareholders on a rights basis. The record date and detailed terms including issue price and ratio are yet to be finalized and will be decided by the Board or a newly constituted Rights Issue Committee. The issuance is subject to regulatory approvals under SEBI and Companies Act provisions.
This Rights Issue will dilute existing shareholders' holdings proportionally, though they get the opportunity to subscribe and maintain their stake. The Rs. 50 crore fund raise could strengthen the company's balance sheet for growth or working capital needs, but the eventual impact on share price depends on the issue price, discount, and use of proceeds, which are not yet disclosed.