Shakti Press Ltd has convened an Extra Ordinary General Meeting (EGM) to be held on Thursday, 25th June 2026 at 12.30 PM (IST) through Video Conferencing/Other Audio Visual Means.
Special Business - Ordinary Resolution
The single agenda item is to consider and approve the alteration of the Authorized Share Capital of the Company:
Current Capital Structure:
- Total Authorized Capital: ₹31,53,00,000 (Rupees Thirty-One Crore Fifty-Three Lakh Only)
- Equity Shares: 2,85,30,000 shares of ₹10 each
- Preference Shares: 3,00,000 Non-Cumulative Redeemable Preference Shares of ₹100 each
Proposed Capital Structure:
- Total Authorized Capital: ₹50,43,00,000 (Rupees Fifty Crore Forty-Three Lakh Only)
- Equity Shares: 4,74,30,000 shares of ₹10 each (increase of 1,89,00,000 shares)
- Preference Shares: 3,00,000 Non-Cumulative Redeemable Preference Shares of ₹100 each (unchanged)
Capital Increase Details:
- Additional equity capital: ₹18,90,00,000 (Rupees Eighteen Crore Ninety Lakh)
- Additional equity shares: 1,89,00,000 Equity Shares of ₹10 each
Rationale for Capital Increase
The Company requires funds for expansion of production and operations through infusion of fresh capital. The increase requires alteration of Clause V of the Memorandum of Association.
Regulatory Framework
The resolution is being pursued pursuant to Sections 13, 61, and other applicable provisions of the Companies Act, 2013, subject to approval of the Registrar of Companies and other regulatory authorities.
Voting Arrangements
Record Date: Tuesday, 26th August, 2025 (cutoff date for determining members entitled to vote)
Remote E-Voting Period:
- Begins: 9.00 a.m. on Monday, 22nd June, 2026
- Ends: 5:00 p.m. on Wednesday, 24th June, 2026
Voting Rights: Proportional to share in paid-up equity share capital as on cut-off date Friday, 29th May, 2026
E-Voting Service Provider: National Securities Depository Limited (NSDL)
Important Notes
- Members can appoint proxies (subject to limitations under Section 105 of Companies Act, 2013)
- Corporate members must send certified copy of Board Resolution authorizing representatives
- All documents are available for inspection at Registered Office during working hours
- PAN submission is mandatory for securities market participants
Management Authorization
Raghav Kailashnath Sharma, Managing Director (DIN: 00588740), is authorized to sign and execute all necessary documents and applications related to this resolution.