StockWatch
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Packaging
Dividend26 Aug 2026, 07:40 pm

Mold-Tek Packaging Recommends Final Dividend of ₹3/Share

AI Summary

Mold-Tek Packaging Ltd's Board of Directors, in a meeting held on August 26, 2026, has recommended a final dividend of ₹3 per equity share for the Financial Year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting. The company also approved a 1:1 bonus share issue, subject to shareholder approval, and an increase in authorized share capital from ₹20 crore to ₹40 crore. Additionally, the board approved 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, both subject to shareholder approval. Changes in designation for Mr. Subramanyam Adivishnu and Mr. P. Venkateswara Rao were also noted.

Key Highlights

  • Board recommends final dividend of ₹3 per share.
  • Approved 1:1 bonus share issue, subject to shareholder approval.
  • Authorized share capital to increase from ₹20 crore to ₹40 crore.
  • New Whole Time Director and Independent Director appointments approved.
  • Designation changes for two Deputy Managing Directors noted.