Shakti Press Inked Its Growth Move — Rs 50 Crore Rights Offer Approved

The Board of Directors of Shakti Press Limited, in its meeting held today, January 6, 2026, approved a proposal to issue equity shares via a rights issue for an amount not exceeding Rs 50 crore. The shares, with a face value of Rs 10 each, will be offered to existing eligible shareholders as on a record date to be decided later.  

Key Updates From The Board Meeting  

• The rights issue will be carried out in compliance with SEBI (ICDR) Regulations, 2018, and Listing Regulations, 2015.  
• Funds will be raised through issuance and allotment of equity shares on a rights basis, subject to necessary regulatory and statutory approvals.  
• A Rights Issue Committee, a sub-committee of the Board, has been authorised to determine all issue-related terms including price, entitlement ratio, and timeline.  
• The move underscores the company’s intention to strengthen its financial position and enhance shareholder value through capital infusion.  

Source: BSE Corporate Filing