Shakti Press Limited Proposes Rs 9.79 Crore Share Issue

Shakti Press Limited has proposed issuing up to 71 lakh equity shares at Rs 13.79 each, raising Rs 9.79 crore and giving four named allottees a combined 22.40% holding after full allotment. The board approved the preferential proposal on November 5, 2026, subject to shareholder approval at a December 5 extraordinary general meeting.

What did Shakti Press approve in the preferential issue?

Shakti Press approved a preferential allotment of up to 71 lakh fully paid equity shares at Rs 13.79 per share, for an aggregate Rs 9.79 crore. Each share has a face value of Rs 10, while the stated issue price was determined under Regulation 164 of the Securities and Exchange Board of India Issue of Capital and Disclosure Requirements Regulations, 2018.

The proposal is not a completed allotment because it requires shareholder approval. Shakti Press has convened an extraordinary general meeting, or EGM, for December 5, 2026 through video conferencing or other audio-visual means. The board meeting that approved the matter started at 3.00 p.m. and concluded at 7.25 p.m. on November 5, 2026.

The filing permits the shares to be issued in one or more tranches, on terms set by the board within applicable regulations. Shakti Press did not disclose a planned use for the Rs 9.79 crore proceeds. It appointed MUFG Intime India Private Limited as remote e-voting agency and CS Sakshi Khandelwal, Practicing Company Secretary, as scrutinizer for the voting process.

Who are the proposed Shakti Press allottees?

Shakti Press named Raghav Sharma, Shailja Raghav Sharma, Shantanu Sharma and Shakti Offset Pvt Ltd as the four proposed investors. Shantanu Sharma is proposed to receive 50 lakh shares, representing 70.42% of the 71 lakh shares proposed under the issue.

Shailja Raghav Sharma and Shakti Offset Pvt Ltd are each proposed to receive 10 lakh shares, while Raghav Sharma is proposed to receive 1 lakh shares. Shantanu Sharma’s proposed allocation exceeds the combined 21 lakh shares earmarked for the other three allottees by 29 lakh shares.

The announcement identifies the recipients and the maximum securities proposed for each, but does not explain the basis for dividing the issue among them. It also does not state whether the issue will be completed in a single tranche or multiple tranches, beyond allowing the board to use either route.

How would the issue change Shakti Press ownership?

Shakti Press said the four allottees would collectively hold 78,97,956 shares, or 22.40%, after full allotment, compared with 7,97,956 shares before the proposed issue. This calculation assumes the entire 71 lakh shares are allotted, as specified in the disclosure.

The largest post-issue position would be Shantanu Sharma’s 50,00,745 shares, equal to 14.18% of the company after allotment. His pre-issue holding was 745 shares, meaning the 50 lakh proposed shares account for nearly all of the stated post-allotment position.

Shailja Raghav Sharma’s holding would rise from 15,700 shares to 10,15,700 shares, or 2.88% after allotment. Shakti Offset Pvt Ltd would move from 3,53,645 shares to 13,53,645 shares, representing 3.84%, while Raghav Sharma would move from 4,27,866 shares to 5,27,866 shares, or 1.50%.

The filing does not provide the allottees’ pre-issue ownership percentages or a complete pre- and post-issue shareholding pattern for other shareholders. It therefore discloses the four recipients’ projected combined 22.40% holding but does not quantify the ownership effect on every other shareholder category.

What were Shakti Press financial results before the proposal?

Shakti Press reported revenue from operations of Rs 42.43 crore for the quarter ended September 30, 2026, compared with Rs 27.66 crore in the quarter ended June 30, 2026 and Rs 1.51 crore in the quarter ended September 30, 2025. Net profit after tax was Rs 18.52 lakh in the September 2026 quarter, against Rs 42.74 lakh in the preceding quarter and Rs 20.45 lakh a year earlier.

For the six months ended September 30, 2026, revenue from operations was Rs 70.09 crore, up from Rs 4.32 crore in the corresponding six months of 2025. Net profit after tax for the six-month period was Rs 61.26 lakh, compared with Rs 19.59 lakh in the prior-year period. The results were unaudited and approved by the board on November 5, 2026.

Profit before tax declined to Rs 25.02 lakh in the September 2026 quarter from Rs 57.76 lakh in the June 2026 quarter, while revenue increased by Rs 14.77 crore over the same comparison. Purchase of stock-in-trade fell to Rs 15.03 crore from Rs 66.55 crore, while the change in inventories moved to an expense of Rs 26.04 crore from a negative Rs 40.66 crore.

What does the September 2026 balance sheet show?

Shakti Press reported total assets of Rs 105.38 crore at September 30, 2026, compared with Rs 49.13 crore at March 31, 2026. Total equity rose to Rs 85.35 crore from Rs 26.11 crore over the same period, while equity share capital increased to Rs 28.16 crore from Rs 3.52 crore.

Current assets stood at Rs 94.75 crore at September 30, compared with Rs 38.82 crore at March 31. Within current assets, inventories increased to Rs 27.30 crore from Rs 12.68 crore, trade receivables rose to Rs 41.17 crore from Rs 25.41 crore, and other current assets reached Rs 25.88 crore from Rs 63.41 lakh.

Total current liabilities decreased to Rs 16.31 crore at September 30, 2026 from Rs 18.89 crore at March 31, 2026. Non-current borrowings fell to Rs 3.70 crore from Rs 4.12 crore, while current borrowings declined to Rs 9.22 crore from Rs 9.71 crore.

Conclusion

Shakti Press has proposed a Rs 9.79 crore equity issue that would add up to 71 lakh shares and materially alter the disclosed ownership of its four named allottees. The projected 22.40% combined holding is led by Shantanu Sharma’s proposed 50 lakh-share allocation and 14.18% post-allotment position.

The next event is the December 5, 2026 EGM, where shareholders will consider the preferential issue. Investors can watch for the EGM notice, voting result, any allotment made in one or more tranches, and any later disclosure addressing the use of the proposed proceeds.