Shakti Press Ltd board approved a rights issue of up to 2.46 crore equity shares at ₹20 per share to raise ₹49.28 crore.
The issue offers 7 rights shares for every 1 existing share held as of record date April 29, 2026, with subscription opening May 7-18, 2026.
Net proceeds of ₹49.04 crore will fund working capital requirements (₹44.75 crore) and general corporate purposes (₹4.29 crore).
The company appointed MUFG Intime India as registrar and Brickworks Ratings as monitoring agency for fund utilization.