Mold-Tek Technologies Announces 42nd AGM on Sep 21, 2026, Approves 1:1 Bonus Share
Mold-Tek Technologies will hold its 42nd AGM on September 21, 2026, to approve FY26 financial results and a ₹2 per share dividend. The company plans a 1:1 bonus share issue, capitalizing ₹5.76 crore from reserves. Remuneration for the CMD and re-appointment of an independent director are also on the agenda.
The proposed 1:1 bonus share issue is a significant corporate action that directly impacts shareholders by increasing their shareholding. The AGM agenda also includes critical decisions regarding financial statements, dividends, and director appointments.
The announcement includes the approval of a bonus issue and a final dividend, which are generally positive for shareholders. The re-appointment of key personnel and the upcoming AGM also indicate ongoing corporate governance.
Mold-Tek Technologies Limited has announced its 42nd Annual General Meeting (AGM) will be held on Monday, September 21, 2026, at 02:30 P.M. IST via Video Conferencing/Other Audio Visual Means (VC/OAVM). The company will also present the Annual Report for the Financial Year 2025-26.
Key agenda items for the AGM include the adoption of audited financial statements (standalone and consolidated) for FY2025-26, the declaration of a final dividend of ₹2 per equity share (100%) on shares with a face value of ₹2, and the re-appointment of Mr. Subramanyam Adivishnu as a Director retiring by rotation. Special business includes the approval of remuneration for Mr. Lakshmana Rao Janumahanti, Chairman and Managing Director, for a period of two years from April 1, 2027, to March 31, 2029. Additionally, Mrs. Madhuri Venkata Ramani Viswanadham will be considered for re-appointment as a Non-Executive Independent Director for a second term of five years, effective December 27, 2026, to December 26, 2031.
A significant resolution is the proposed issuance of bonus shares in the proportion of 1:1, meaning one new equity share of ₹2 face value for every existing equity share of ₹2 face value. This bonus issue will be funded by capitalizing ₹5,76,10,236 (Rupees Five Crores Seventy Six Lacs Ten Thousand Two Hundred and Thirty Six Only) from the company's reserves. The record date for this bonus share issuance will be determined by the Board.
Remote e-voting for the AGM will be open from Thursday, September 17, 2026, at 09:00 A.M. IST until Sunday, September 20, 2026, at 05:00 P.M. IST. The cut-off date for e-voting is Monday, September 14, 2026. The Register of Members and Share Transfer Books will be closed from Tuesday, September 15, 2026, to Monday, September 21, 2026, for dividend payment purposes.
A plain-language summary of a public exchange filing by Mold-Tek Technologies Limited. Read the original for the full detail.