Notice is hereby given that the EGM of the members and shareholders of the company will be held on Friday, 12th December 2025 to transact the following businesses: 1. To consider and if ....
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Shakti Press Ltd has called an EGM on 12th December 2025 (via video conferencing) to seek shareholder approval for two key items. First, an Ordinary Resolution to increase the Authorized Share Capital from Rs. 16.53 crore to Rs. 31.53 crore by adding 1.5 crore new equity shares of Rs. 10 each (taking total equity shares from 1.35 crore to 2.85 crore). Second, a Special Resolution to expand the company's objects clause to enter agriculture-related businesses, including cultivation, processing and trading of agri-commodities, hydroponics and aeroponics consulting, cold storage, agricultural sprayers, and pest control products. The record date for the EGM is 14th November 2025, with e-voting open from 9th December to 11th December 2025.
Shareholders will vote on a major diversification move into agriculture and allied sectors, which could expand future revenue avenues but also signals a significant shift from the company's existing business. The doubling of authorized share capital also leaves room for a potential future fund raise or share issuance, which could dilute existing shareholders depending on how the expanded capital is eventually used.