Shakti Press Ltd Holds AGM, Ratifies Related Party Transactions and Re-appoints Director

<h1>Shakti Press Ltd Holds AGM, Ratifies Related Party Transactions and Re-appoints Director</h1>

<p>The 33rd Annual General Meeting (AGM) of Shakti Press Limited, a company dealing in multicolor offset printers, packagers, and stationers, was successfully conducted on Friday, August 21, 2026. The AGM, held virtually via Video Conferencing (VC) / Other Audio Visual Means (OAVM), saw the passage of several key resolutions related to financial statements, director re-appointment, and the ratification of transactions with associated parties.</p>

<p>The meeting proceedings involved all statutory and secretarial audits being taken as read. After a session dedicated to addressing queries from registered speaker shareholders and members, the management presented the agenda items for voting through remote e-voting.</p>

<h2>Key Resolutions Transacted at AGM</h2>
<p>Three primary business items were transacted during the meeting: the adoption of annual financial statements, the re-appointment of a director, and the ratification of related party transactions (RPTs) for the Financial Year 2025-26.</p>

<p>The results of the resolutions are summarized below:</p>
<table>
<thead>
<tr>
<th>Item No.</th>
<th>Agenda Item</th>
<th>Result</th>
</tr>
</thead>
<tbody>
<tr>
<td>1</td>
<td>Adoption of Financial Statements (for FY ended March 31, 2026) and Directors' Reports</td>
<td>Passed with requisite majority (approx. 99% votes cast in favour).</td>
</tr>
<tr>
<td>2</td>
<td>Re-appointment of Director retiring by rotation (Mr. Shantanu Raghav Sharma)</td>
<td>Passed with requisite majority (approx. 99% votes cast in favour).</td>
</tr>
<tr>
<td>3</td>
<td>Ratification/Approval of Related Party Transactions (RPTs) for FY 2025-26</td>
<td>Passed as a Special Resolution (approx. 99% votes cast in favour).</td>
</tr>
</tbody>
</table>

<p>The resolution to approve and ratify the related party transactions covered dealings with Sankalp Marketing & Managing Services, S.S. Enterprises, Milita Wong, KMP remuneration, and various related operational reimbursements conducted by the company during the Financial Year 2025-26.</p>

<h2>E-Voting and Conclusion</h2>
<p>The meeting utilized a remote e-voting facility for all members, which remained open for 15 minutes after the conclusion of proceedings. Ms. Sakshi Khandelwal, Practicing Company Secretary, conducted the scrutiny of the voting process.</p>
<p>With no other business to transact, the 33rd AGM concluded smoothly at 12:45 P.M., following a vote of thanks to all attendees and management members.</p>