BSEShakti Press LtdMediumNeutral
Announced Mon, 11 May · 19:08 IST

Outcome of Committee for further extention of Closing date and resultant change in timetable regarding Right issue.

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Price reaction · full curve 14 horizons · vs prior close
+11.1%1-day move
₹23.02
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+11.1+16.6+22.4+24.1+24.2+36.8+29.1-9.8-20.5
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AI summary

Shakti Press Ltd's Rights Issue Committee has extended the closing date of the ongoing Rights Issue from May 18, 2026 to May 29, 2026. The rights issue opened on May 7, 2026, and the extension was granted on May 11, 2026 to provide shareholders more time to exercise their rights. All other documents including the Letter of Offer (LOF), CAF, and ALOF remain unchanged. The revised schedule shows allotment expected around June 2, 2026, with listing on June 4, 2026.

Likely market impact

The timeline extension suggests lower-than-expected subscription uptake so far. Shareholders who have not yet participated should act before the new deadline of May 29, 2026.