Shakti Press Ltd — Important, 29-04-2026: Company Update
29-04-2026 · 08:59 pm
Shakti Press's board has approved a Letter of Offer for a Rights Issue of up to 2.46 crore fully paid-up Equity Shares at ₹20 per share, aiming to raise ₹49.28 crore. The issue offers seven new shares for every one share held, with proceeds primarily funding working capital and general corporate needs. Promoters will not fully subscribe to their entitlement or apply for additional shares. For the recent half-year, the company reported total income of ₹4.56 crore and a net profit of ₹0.20 crore. This rights issue offers eligible shareholders a chance to acquire more shares.
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