Mold-Tek Packaging Proposes 1:1 Bonus Issue, Appoints Janumahanti Rana Pratap as Director

Mold-Tek Packaging Limited has announced a proposed Bonus Issue of Equity Shares in the ratio of 1:1, meaning one new equity share for every existing fully paid-up equity share held. This proposal is subject to shareholder approval and the determination of a record date, which will be announced subsequently.

The company stated that the bonus issue is a reflection of its financial resilience and confidence in future opportunities, and aims to appreciate shareholders' trust, enhance share liquidity, and make shares more accessible. The existing authorized equity share capital is ₹20 crore, with a paid-up equity share capital of ₹16.61 crore. Post the bonus issue, the paid-up equity share capital will increase to ₹33.23 crore, representing 6,64,57,828 equity shares of ₹5 face value each.

As of March 31, 2026, the company's Reserves & Surplus stood at ₹655 crore. The management clarified that this bonus issue will not impact the company's solvency margin or other financial parameters.

Additionally, the Board has proposed the appointment of Mr. Janumahanti Rana Pratap, son of Chairman & Managing Director Mr. Lakshmana Rao Janumahanti, as Director - Marketing and Strategy. Mr. Rana Pratap, an alumnus of IIT Delhi and IIM Lucknow, has been with the company for 14 years and has contributed to its marketing initiatives and pharmaceutical packaging business.