Board meeting on 26 October 2026 to consider and evaluate fund raising proposal
Shakti Press has scheduled a Board meeting for Monday, October 26, 2026 at 2pm at its registered office.
By ScoutQuest · · 1 min read
- Board meeting date
- Monday, October 26, 2026 at 2pm at its registered office
- Agenda
- consider and evaluate a proposal for fund raising by issue of instruments or securities
- Trading window closed
- from 24.10.2026 until 48 hours after the outcome
What the company told the exchanges
Shakti Press Ltd has given notice that a meeting of its Board of Directors is scheduled for Monday, October 26, 2026 at 2pm at the registered office of the company.
The main agenda item is to consider and evaluate a proposal for fund raising by way of issue of any instrument or securities.
Modes of fund raising named in the update
- qualified institutional placement
- private placement
- preferential issue of securities
- rights issue
- any other permissible mode
- or a combination of these, as may be considered appropriate
The update states that any such issue would be subject to approvals that may be required, including approval of the members at a general meeting or through postal ballot, and further subject to statutory or regulatory approvals as applicable.
What a fund raising item usually involves
A company raises money by issuing fresh shares or other securities to investors. Depending on the mode finally chosen, this can bring in new capital, and it can also change the number of shares in issue or the set of shareholders. The update sets out the modes the Board may consider; the specific terms would follow the Board's decision and the approvals named above.
Trading window
The trading window for dealing in the company's securities will remain closed from 24.10.2026 till the expiry of 48 hours after the outcome of the board meeting on the fund raising proposal. This applies to Directors, designated employees, insiders and immediate relatives.
What to watch
- the outcome of the Board meeting and which mode of issue is decided
- any follow-up disclosure on the terms of the issue
- the members' approval process, if the Board decides to proceed
More numbers
- Trading window closure period after board meeting outcome48 hours
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