StockWatch
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Packaging
Dividend26 Aug 2026, 09:40 pm

Mold-Tek Packaging Recommends Final Dividend & 1:1 Bonus Issue

AI Summary

Mold-Tek Packaging Ltd's Board of Directors has recommended a final dividend of ₹3 per equity share (60%) for the Financial Year ended March 31, 2026. Additionally, the board approved a 1:1 bonus share issue, meaning one bonus share for every one held, subject to shareholder approval. The company also proposed an increase in authorized share capital from ₹20 crore to ₹40 crore to facilitate these corporate actions. Further, 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, subject to member approval. Changes in designation for two Deputy Managing Directors to Technical Director and Commercial Director were also noted.

Key Highlights

  • Board recommends final dividend of ₹3 per share for FY26.
  • Approved 1:1 bonus share issue, subject to shareholder nod.
  • Authorized share capital to double from ₹20 crore to ₹40 crore.
  • New Whole Time Director and Non-Executive Independent Director appointed.
  • Designations of two Deputy Managing Directors changed.