Newspaper advertisement for Basis of Allotment of Right Equity Shares
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shakti Press Ltd has finalised the basis of allotment for its rights issue, approved by the Board on June 05, 2026, and allotted 2,46,41,400 fully paid-up equity shares of Rs. 10 face value at Rs. 20 per share, aggregating up to Rs. 49.28 crore. The issue, offered in the ratio of 7 rights shares for every 1 fully paid-up share held (record date April 29, 2026), was 105% subscribed, receiving 1,344 valid applications for 2,59,79,762 shares. Renouncees accounted for the bulk of allotments at 2,00,39,771 shares, while eligible shareholders were allotted 46,01,629 shares. The company has submitted copies of newspaper advertisements published for the basis of allotment to BSE as a post-issue compliance filing.
The rights issue is now fully allotted and the new shares are awaiting trading permission from BSE, which will expand the company's share base by over 2.46 crore shares and bring in roughly Rs. 49.28 crore of fresh capital. Shareholders should expect some dilution but can take comfort that the issue was oversubscribed at 105%, signalling reasonable investor demand.