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 rights issue documents and offer structure

Shakti Press clarified that the extension affects only specific dates and not the core offer material. The company stated in the filing, "Accordingly, there is no change in the LOF, CAF and ALOF dated April 29, 2026 except for change in date for Market Renunciation of Right Entitlements and Issue Closing Date and resultant change in indicative timetable of post issue activities." All other terms remain unchanged.

The rights issue itself had opened on 7 May 2026 with a planned closing on 18 May 2026. After reviewing responses, Shakti Press decided that the initial time frame might limit participation. The committee therefore chose to shift both the market renunciation date and the closure date, extending the overall process by eleven days.

Shakti Press had already circulated the Letter of Offer, Composite Application Form and Abridged Letter of Offer dated 29 April 2026 to eligible shareholders. With the extension, investors can use the same documents while following the updated dates. The company has stressed in its communication that investors should rely on the revised timetable for any market or operational actions linked to this rights issue.