StockWatch
·
Packaging
Board Meeting26 Aug 2026, 07:40 pm

Mold-Tek Packaging Approves 1:1 Bonus, ₹3 Dividend, Capital Hike

AI Summary

Mold-Tek Packaging Ltd's Board of Directors has approved a 1:1 bonus share issue and recommended a final dividend of ₹3 per share for FY26. The company also plans to increase its authorized share capital from ₹20 crore to ₹40 crore. Key management changes include the appointment of Mr. Rana Pratap Janumahanti as Director- Marketing and Strategy (Whole Time Director) and Mr. Chintamaneni Vasant Kumar Roy as Non-Executive Independent Director. Additionally, Mr. Subramanyam Adivishnu and Mr. P. Venkateswara Rao will transition to Technical Director and Commercial Director roles, respectively, from April 1, 2027.

Key Highlights

  • Board approves 1:1 bonus share issue, subject to shareholder approval.
  • Recommends final dividend of ₹3 per share for FY26.
  • Authorized share capital to increase from ₹20 Cr to ₹40 Cr.
  • Appoints new Whole Time Director and Non-Executive Independent Director.
  • Key management roles change designation effective April 1, 2027.