Bonus Share and Dividend
Mold-Tek Packaging Approves 1:1 Bonus Issue, ₹3 Dividend, and Capital Expansion
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Key Points
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The company’s free reserves stood at ₹655.12 crore as of March 31, 2026, available to capitalize for the bonus issue.
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The AGM is scheduled for 21 September 2026 and will be conducted via video conference or other audiovisual means, with record dates to be announced; shareholder approvals will be sought for the bonus issue, capital increase, and new directors.
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Mr. Rana Pratap Janumahanti has been appointed as Director-Marketing and Strategy (Whole Time Director) effective 1 October 2026 for five years; he is the son of Chairman Lakshmana Rao Janumahanti and holds an MBA from IIM Lucknow and a BE from IIT Delhi.
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Mr. Chintamaneni Vasant Kumar Roy has been appointed as Additional Director and Non-Executive Independent Director, subject to shareholder approval.
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The board also revised the designations of Subramanyam Adivishnu and P. Venkateswara Rao to Technical Director and Commercial, respectively, subject to shareholder approval.
Mold-Tek Packaging approved a 1:1 bonus share issue and declared a ₹3 dividend per share, doubling shareholder holdings and rewarding investors. The bonus will capitalize ₹16.61 crore from free reserves, raising total shares to 6.645 crore from 3.32 crore, while the stock jumped over 4% on the news NDTV Profit.
The board also proposed doubling authorized capital to ₹40 crore and named new directors including Rana Pratap Janumahanti as Director-Marketing and Strategy. Shareholder approval will be sought at the AGM scheduled for September 21, 2026, with record dates to be announced Whalesbook.
Bonus Doubles Shares, Taps ₹655 Crore Reserve
The 1:1 bonus issue will create 3.32 crore new shares, funded by capitalizing reserves. This doubles paid-up capital from ₹16.61 crore to ₹33.23 crore, expanding the share base without diluting ownership Scanx Trade. The company's free reserves stood at ₹655.12 crore as of March 31, 2026, providing ample cushion Whalesbook.
Dividend of ₹3 Per Share Rewards Shareholders
Mold-Tek recommended a final dividend of ₹3 per share for FY2025-26, representing 60% of the share's face value NDTV Profit. This requires shareholder approval at the AGM, with the board balancing capital expansion with cash returns Whalesbook. The dividend announcement signals management confidence in earnings and cash flow.
Capital Increase and New Leadership Appointments
The board proposed raising authorized capital from ₹20 crore to ₹40 crore to support the expanded share base Whalesbook. Rana Pratap Janumahanti, son of Chairman Lakshmana Rao Janumahanti, joins as Director-Marketing and Strategy effective October 1, 2026. He holds an MBA from IIM Lucknow and a BE from IIT Delhi Whalesbook.
Stock Rallies 4% on Shareholder-Friendly Moves
Mold-Tek's share price jumped over 4% immediately after the announcement NDTV Profit, reflecting investor enthusiasm for the bonus and dividend. Market analysts expect improved liquidity and stronger retail participation once the bonus shares are allotted Scanx Trade. The approval process continues at the September 21 AGM.
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