StockWatch
·
Packaging
Board Meeting26 Aug 2026, 01:35 pm

Mold-Tek Packaging Approves 1:1 Bonus Issue & ₹3 Final Dividend

AI Summary

Mold-Tek Packaging Ltd's Board of Directors, in a meeting held on August 26, 2026, approved and recommended a 1:1 bonus share issue and a final dividend of ₹3 per equity share for FY26. The company also approved an increase in authorized share capital from ₹20 crore to ₹40 crore, subject to shareholder approval. Additionally, the board appointed Mr. Rana Pratap Janumahanti as Director- Marketing and Strategy (Whole Time Director) and Mr. Chintamaneni Vasant Kumar Roy as Non-Executive Independent Director. Changes in designation for Mr. Subramanyam Adivishnu and Mr. P. Venkateswara Rao were also noted.

Key Highlights

  • Board approved 1:1 bonus share issue.
  • Recommended final dividend of ₹3 per share for FY26.
  • Authorized share capital increased to ₹40 crore.
  • Appointed two new directors, including a Whole Time Director.
  • Designations of two Deputy Managing Directors changed.