The following businesses were set out in meeting: 1. Increase &Alteration of Authorized share capital 2. Addition/Alteration of main objects in MOA.
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On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 3.8 pts more than its Printing & Publication peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shakti Press Ltd held an Extra Ordinary General Meeting on 12 December 2025 via video conferencing where shareholders approved two key resolutions. First, an Ordinary Resolution was passed to increase the Authorised Share Capital from Rs. 16.53 crore to Rs. 31.53 crore, roughly doubling it, along with a consequential amendment to the Memorandum of Association. Second, a Special Resolution approved the addition and alteration of objects in the MOA to expand into new business areas including agriculture, organic and hydroponic farming, agri-commodities, agricultural equipment, advisory services, and public health products. The EGM concluded in about 25 minutes. Voting results and the scrutinizer's report will be filed separately.
The near-doubling of authorised share capital gives the company headroom to raise fresh funds in the future through equity issuances, though no specific fundraising is announced here. The expansion of objects to include agriculture, hydroponic farming, and related sectors signals a significant business diversification away from the core printing/press business, which may reshape the company's growth profile and attract different investor interest.