Shakti Press Ltd has received in-principle approval from BSE Limited for its proposed rights issue of fully paid-up equity shares, with the approval dated February 16, 2026. The company submitted its application on January 8, 2026, and communicated the approval to BSE on February 17, 2026, under SEBI regulations. The approval comes with specific compliance requirements including record date notifications, price disclosures, and post-issue obligations that must be fulfilled before finalizing the rights issue.
Shakti Press Ltd Receives BSE In-Principle Approval for Rights Issue of Equity Shares
Shakti Press Ltd has secured in-principle approval from BSE Limited for its proposed rights issue of fully paid-up equity shares, marking a significant step in the company's capital raising initiative. The approval was communicated to the stock exchange on February 17, 2026, in compliance with regulatory disclosure requirements.
BSE Approval Details
The approval process and key parameters are outlined below:
Parameter: Details Approval Reference: LOD/Right/RB/FIP/1704/2025-26 Approval Date: February 16, 2026 Application Date: January 8, 2026 Securities Type: Fully paid-up Equity Shares Company Location: At. Mondha Village, Tah. Hingna, Nagpur, Maharashtra, 440028
Regulatory Compliance Framework
The approval comes under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. BSE Limited has granted permission for the company to use the exchange's name in its Letter of Offer, subject to specific disclaimer requirements and compliance conditions.
The exchange has made it clear that the approval should not be construed as an endorsement of the company's financial soundness or a guarantee of continued listing. BSE explicitly states that it does not warrant or certify the correctness of the offer document contents.
Key Compliance Requirements
Several mandatory conditions must be fulfilled by Shakti Press Ltd:
Record Date Notification: The company must provide at least three working days advance notice to BSE before fixing the record date for the rights issue
Price Disclosure: Rights issue price must be disclosed to the exchange at least three working days prior to the record date
Dematerialization Agreements: The company must enter into agreements with all depositories and provide investors the option to receive allotment in dematerialized form
Basis of Allotment: Must be approved by the Designated Stock Exchange, even in cases of under-subscription
Compliance Officer: A qualified Company Secretary should serve as the Compliance officer as per SEBI regulations
Post-Issue Obligations
The in-principle approval for listing the equity shares is subject to completing post-issue requirements and complying with statutory, legal, and listing formalities. The company must confirm completion of posting the letter of offer and composite application form to enable dealings in Letters of Renunciation.
Additionally, Shakti Press Ltd will be responsible for all disclosures made in the offer documents and any consequences arising from non-disclosure or misstatement of information. The company must also pay all applicable charges levied by BSE for usage of exchange systems and facilities.
Management Communication
The formal intimation to BSE was signed by Raghav Kailashnath Sharma, Managing Director (DIN: 00588740), confirming the company's receipt of the approval and requesting the exchange to take note of the development for their records.
Shakti Press Limited has announced exceptional financial results for the third quarter of FY26 ended December 31, 2025, showcasing remarkable growth across key performance metrics. The multicolor offset printing, packaging, and stationery company demonstrated strong operational efficiency and market positioning during the quarter.
Outstanding Quarterly Performance
The company's Q3FY26 results highlight significant improvement in profitability and revenue generation. Net profit after tax reached ₹53.66 lacs, representing an extraordinary increase from ₹2.63 lacs in the corresponding quarter of the previous year.
Financial Metric Q3FY26 Q3FY25 Growth Revenue from Operations ₹813.41 lacs ₹333.51 lacs 144% Total Revenue ₹816.25 lacs ₹333.51 lacs 145% Net Profit After Tax ₹53.66 lacs ₹2.63 lacs 1,940% Earnings Per Share (Basic) ₹1.52 ₹0.07 2,071%
Nine-Month Performance Analysis
The company's nine-month performance for FY26 demonstrates sustained growth momentum. Total revenue for the nine months ended December 31, 2025, stood at ₹1,272.17 lacs compared to ₹896.49 lacs in the corresponding period of FY25, marking a 42% increase.
Nine-Month Metrics FY26 FY25 Change Revenue from Operations ₹1,245.47 lacs ₹894.35 lacs +39% Profit Before Tax ₹97.42 lacs ₹11.02 lacs +784% Net Profit After Tax ₹73.25 lacs ₹11.02 lacs +565% Tax Expense ₹24.17 lacs Nil -
Operational Efficiency and Cost Management
The company maintained effective cost control while scaling operations. Total expenses for Q3FY26 were ₹743.74 lacs compared to ₹330.88 lacs in Q3FY25. Key expense components included purchase of stock-in-trade at ₹582.22 lacs and finance costs of ₹38.34 lacs. The company's profit before tax margin improved significantly, reaching ₹72.51 lacs in Q3FY26 versus ₹2.63 lacs in the previous year.
Corporate Governance Updates
The Board of Directors, meeting from 3:30 PM to 5:25 PM on February 13, 2026, approved the unaudited financial results and discussed several corporate matters:
General Meeting Proposal: The Board discussed calling a General Meeting of company members, with specific details to be communicated later
Authorization: Ms. Shivanani Goydani, Compliance Officer, was authorized to oversee dispatch of notices and documentation to shareholders
Regulatory Compliance: Results were submitted under Regulation 33 of SEBI Listing Obligations and Disclosure Requirements, 2015
Financial Position and Capital Structure
The company maintained a stable capital structure with paid-up equity share capital of ₹352.02 lacs, consisting of shares with a face value of ₹10 each. Both basic and diluted earnings per share for Q3FY26 stood at ₹1.52, significantly higher than ₹0.07 in the corresponding quarter of FY25. The financial results were reviewed by the Audit Committee and received independent auditor review from D P Sarda & Co, Chartered Accountants.
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