StockWatch
·
Packaging
Board Meeting26 Aug 2026, 07:31 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 equity share for FY26. The company also plans to increase its authorized share capital from ₹20 crore to ₹40 crore, subject to shareholder approval. Additionally, the board approved the appointment of Mr. Rana Pratap Janumahanti as Whole-Time Director and Mr. Chintamaneni Vasant Kumar Roy as Non-Executive Independent Director. Changes in designation for two Deputy Managing Directors to Technical Director and Commercial Director were also noted, effective April 1, 2027.

Key Highlights

  • Board approves 1:1 bonus share issue.
  • Recommends final dividend of ₹3 per share for FY26.
  • Proposes doubling authorized share capital to ₹40 crore.
  • Approves appointment of two new directors.
  • AGM scheduled for September 21, 2026.