Mold-Tek Packaging allots 3.32 crore bonus shares in 1:1 ratio

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Mold-Tek Packaging allotted 3,32,28,914 bonus shares in a 1:1 ratio on October 12, 2026
  • Paid-up equity capital doubles from ₹16.61 crore to ₹33.23 crore post-issue
  • Shareholders approved the bonus issue at the AGM held on September 21, 2026
  • New shares rank pari passu with existing equity shares for future dividends
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Mold-Tek Packaging allotted 3,32,28,914 fully paid-up bonus equity shares in a 1:1 ratio on October 12, 2026. This corporate action effectively doubles the company's share count for existing shareholders.

The allotment follows the Board of Directors' recommendation on August 26, 2026, and subsequent shareholder approval at the Annual General Meeting on September 21, 2026. The final resolution for allotment was passed by circulation on October 12, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015.

Share Capital Structure

The bonus issue converts the pre-existing equity base into an expanded structure while maintaining the face value of ₹5 per share. The new shares rank pari passu with existing equity shares regarding dividends and other corporate benefits declared after the allotment date.

Particulars Number of Shares Face Value (₹) Total Amount (₹)
Pre-Bonus Issue Capital 3,32,28,914 5 16,61,44,570
Post-Bonus Issue Capital 6,64,57,828 5 33,22,89,140

Impact on Paid-Up Capital

The paid-up equity share capital increases from ₹16,61,44,570 to ₹33,22,89,140. Each shareholder holding one existing equity share of face value ₹5 receives one new equity share of the same face value. Eligibility is determined based on the names appearing in the Register of Members or Beneficial Owners as of the record date fixed for this purpose.

Historical Stock Returns for Mold-Tek Packaging

1 Day5 Days1 Month6 Months1 Year5 Years
+0.51%-0.43%-4.96%+20.12%-12.00%0.0%

How will the 1:1 bonus issue impact Mold-Tek Packaging's liquidity and trading volumes in the immediate post-allotment period?

What are the long-term implications of the doubled share count on the company's earnings per share (EPS) and future dividend policy?

Does the significant expansion of paid-up capital signal potential upcoming capital raises or strategic acquisitions by the company?

Mold-Tek Packaging receives ₹36 lakh tax demand for AY 21-22

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Mold-Tek Packaging received a tax demand of ₹36,04,920 for AY 2021-22
  • Notice issued under Section 156 linked to Section 270A of Income Tax Act
  • Company states no violations alleged and is preparing a response
  • Disclosure made to exchanges on October 1, 2026
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Mold-Tek Packaging Limited received a tax demand notice of ₹36,04,920 from the Income Tax Department for the Assessment Year 2021-22. The notice was issued under Section 156 of the Income Tax Act, 1961, and received on September 30, 2026.

The company disclosed this development to stock exchanges on October 1, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The demand relates to an order passed under Section 270A of the Income Tax Act, which pertains to penalties for underreporting or misreporting income.

Nature of the Demand

The Income Tax Department, Ministry of Finance, Government India, initiated this action. The company stated that there are no violations or contraventions of any provisions of the Income Tax Act, 1961 alleged against it in this specific instance. The demand is currently open for further submissions to the relevant authorities.

Mold-Tek is currently in the process of responding to the notice within the indicated timeframe. The company has not quantified the impact on its financial, operational, or other activities in monetary terms at this stage, citing the ongoing response process.

Disclosure Details

The following table summarizes the key details of the regulatory disclosure:

Particulars Description
Authority Income Tax Department, Ministry of Finance
Date of Receipt September 30, 2026
Section Invoked Section 156 (Demand Notice) linked to Section 270A
Assessment Year 2021-22
Amount Demanded ₹36,04,920
Company Stance No violations alleged; response underway

The disclosure was signed by J. Lakshmana Rao, Chairman and Managing Director, on behalf of the board.

Historical Stock Returns for Mold-Tek Packaging

1 Day5 Days1 Month6 Months1 Year5 Years
+0.51%-0.43%-4.96%+20.12%-12.00%0.0%

What is the historical track record of Mold-Tek Packaging in resolving similar Section 270A penalty notices, and what percentage of such demands are typically reversed on appeal?

How might the pending tax demand influence institutional investor sentiment and the stock's valuation multiples given the company's current market capitalization?

Are there indications that the Income Tax Department is expanding its scrutiny to other assessment years or related entities within the Mold-Tek group?

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