Investment28 Feb 2026, 01:32 pm
Mold-Tek Technologies Ltd. to Raise Funds via Preferential Issue of Equity Shares
AI Summary
Mold-Tek Technologies Ltd. has announced its decision to raise funds by issuing up to 2,90,000 equity shares on a preferential basis to an identified investor. The issue price is set at Rs. 164 per share, which includes a premium of Rs. 162 per share. This move aims to raise approximately Rs. 4,75,60,000. The decision is subject to the approval of members and will be discussed in an Extraordinary General Meeting scheduled on March 30, 2026. The company has also appointed Mr. Ashish Kumar Gaggar as the scrutinizer for the entire e-voting process.
Key Highlights
- Mold-Tek Technologies Ltd. to raise funds via preferential issue of equity shares
- Issue of up to 2,90,000 equity shares at an issue price of Rs. 164 per share
- Investor is a non-promoter
- Funds raised will approximately amount to Rs. 4,75,60,000
- Extraordinary General Meeting scheduled on March 30, 2026 to approve the matter