BSEShakti Press LtdMediumNeutral
Announced Wed, 27 May · 12:53 IST

Outcome Of The Meeting Of Right Issue Committee ("Committee") Of Shakti Press Ltd For Further Extension Of Closing Date Of Rights Issue And Resultant Change In Indicative Timetable Of Post ....

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Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹29.99
prior close
₹29.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.8-3.9+0.0+0.0+1.7+0.5+4.9-0.9-5.9-15.0-24.0-16.7-53.1
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AI summary

Shakti Press Ltd's Rights Issue Committee has extended the closing date of their rights issue from Friday, May 29, 2026 to Tuesday, June 2, 2026. The issue had opened on May 7, 2026. The extension was granted to provide shareholders more time to exercise their rights. The last date for submission of the Common Application Form (CAF) is now June 2, 2026. No other changes were made to the Letter of Offer, CAF, or Abridged Letter of Offer dated April 29, 2026. The indicative timetable for post-issue activities has been revised accordingly, with listing expected around June 8, 2026.

Likely market impact

The extension is a minor procedural adjustment and is unlikely to have any material impact on the stock price. The rights issue remains on track with a revised timeline.