Company has fixed April 29, 2026 as the Record Date for the purpose of ascertaining eligibility of shareholders entittled for issuance of Rights.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shakti Press Limited has fixed April 29, 2026 as the Record Date for a Rights Issue. The company plans to issue 7 (Seven) new equity shares for every 1 (One) fully paid-up equity share held by existing shareholders. This is an extremely high ratio rights issue (7:1), implying massive dilution if shareholders exercise their rights, and signals the company is likely raising significant capital. The filing is made pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015.
The 7:1 ratio indicates a deeply discounted rights issue, which is highly dilutive. Shareholders who do not or cannot participate will suffer significant value erosion. The stock is likely to trade ex-rights once the record date passes.