Shakti Press Rights Issue Date Extended: Details on Size, Allotment and Other Key Aspects

Shakti Press Extends Rights Issue Closing Date to May 29, 2026

Shakti Press Ltd has extended the closing date of its ongoing rights issue to May 29, 2026, from the earlier deadline of May 18, 2026. This move is aimed at giving shareholders additional time to participate in the offering. The company informed stock exchanges that its Rights Issue Committee approved the extension during a meeting held on May 11.

The rights issue had opened on May 7, 2026, and was initially scheduled to close on May 18. However, the company decided to revise the timeline to allow eligible shareholders a wider window to exercise their rights entitlement under the issue. The revised rights issue schedule has been announced, with the last date for on-market renunciation of rights entitlements revised to May 25, 2026.

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The company further stated that apart from changes in dates related to market renunciation and issue closure, there would be no changes in the Letter of Offer (LOF), Composite Application Form (CAF), and Abridged Letter of Offer (ALOF) dated April 29, 2026. The stock rose almost 5% to its day's high of ₹28.14 on BSE, on this development.