Big Update On Shakti Press Rights Issue: Subscription Date Extended | Full Details Inside

Shakti Press Ltd has pushed back the closing date of its ongoing rights issue to 29 May 2026, from 18 May 2026. The change, cleared by the Rights Issue Committee on 11 May 2026, aims to give eligible shareholders more time. Following the disclosure to exchanges, the stock climbed nearly 5 percent on BSE, hitting an intraday high of ₹28.14.

The company told stock exchanges that the committee's decision followed a review of investor participation. Shakti Press said the revised timeline is meant to provide a wider window for existing shareholders. This is to help more investors use their rights entitlements within the issue period, rather than rushing before the earlier deadline.

Shakti Press rights issue extension details and official filing

In a regulatory update filed with BSE, Shakti Press stated, "This is to update that the date of closure of the Rights Issue, which opened on Thursday, May 07, 2026 and was scheduled to be close on Monday, May 18, 2026, has now been extended from Monday, May 18, 2026 to Friday, May 29, 2026." The company confirmed that this new date will apply across the entire issue.

Shakti Press added that the key objective is to let more investors act on their entitlements. The filing further said that the extension had been cleared "in order to provide an opportunity to shareholders to exercise their rights in the Rights Issue." This makes clear that the company is focusing on participation rather than changing issue terms.

Shakti Press rights issue timetable and key post-issue dates

Alongside the new closing date, Shakti Press also updated the calendar for post-issue processes. The last day for on-market renunciation of rights entitlements now falls on 25 May 2026. The company expects the basis of allotment to be finalised around 1 June 2026, with share allotment planned a day later.

According to the same filing, credit of the rights equity shares into demat accounts is expected on 3 June 2026. The company has also indicated that the tentative listing date for these shares on the stock exchange is 4 June 2026. All these timelines depend on regulatory and operational clearances that follow the issue closure.

Shakti Press Limited Rights Issue structure and key details

The Rights Issue of Shakti Press Limited comprises up to 2,46,41,400 fully paid equity shares, each with a face value of Rs. 10, aggregating to Rs.49.28 crore. Existing shareholders can subscribe at Rs. 20 per share, and the entitlement ratio is 7:1, meaning seven rights shares for every one fully paid-up equity share held.

Shakti Press Limited plans to direct the net proceeds towards strategic growth and expansion projects, along with strengthening its capital position. The company also aims to use the capital to support future business plans and improve financial flexibility. The Rights Issue therefore ties directly to funding capacity upgrades and related initiatives.

Shakti Press Limited Rights Issue and business operations

Beyond the Rights Issue, Shakti Press Limited is engaged in customised packaging and print solutions that support brand visibility. Offerings include cartons, labels, wrappers, brochures, corrugated boxes and varied stationery products. The company is an authorised dealer for major paper and board suppliers such as ITC, Ballarpur and TNPL, which supports reliable raw material sourcing.

The in-house ink manufacturing facility of Shakti Press Limited enables proprietary colour formulations and consistent print quality across its product range. Along with packaging solutions, the company runs a Paper Stationery Division serving both domestic and export customers. These operations are backed by dedicated infrastructure and an experienced team in printing and packaging.

Commenting on the Rights Issue, Raghav Kailashnath Sharma, Managing Director, Shakti Press Limited, said, "The Rights Issue marks an important step in our growth journey as we look to strengthen our financial position and accelerate our expansion plans. With a strong legacy in the printing and packaging industry, we have consistently evolved with changing technologies while delivering high-quality, innovative solutions to our clients. The proceeds from this issue will enable us to further enhance our capabilities, improve operational efficiencies, and create long-term value for our shareholders."