Report of 32nd Annual General Meeting held on 26th September 2025.
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Shakti Press Ltd held its 32nd AGM on 26th September 2025 via video conferencing with 23 members forming the quorum. Shareholders adopted the FY25 audited financial statements, which showed a turnover of Rs. 1,302.78 lakh and a profit after tax of just Rs. 6.70 lakh, with no dividend proposed. Mr. Subrat Prithwishchandra Banerjee was appointed as Executive Director at a monthly remuneration of Rs. 25,000, and Mr. Pradip Sudhakarao Channe was appointed as Independent Director for a 5-year term. Shareholders also approved the appointment of M/s. Jain Paranjape & Associates as Secretarial Auditors for FY26 to FY30, an increase in authorised share capital from Rs. 11 crore to Rs. 16.53 crore, and the issuance of up to 1 crore convertible equity warrants at Rs. 27.25 each on a preferential basis, potentially raising Rs. 27.25 crore. The meeting concluded at 12:43 PM and voting results will be declared within 48 hours.
The Rs. 27.25 crore preferential warrant issue signals a planned equity infusion but will lead to dilution once converted within 18 months. The very thin profit margin (PAT of Rs. 6.70 lakh on Rs. 13 crore turnover, roughly 0.5%) and absence of a dividend indicate weak profitability, which shareholders should weigh against the upcoming capital raise.