Mold-Tek Technologies shareholders approved a final dividend of ₹2 per equity share and re-appointed Mrs. Madhuri Venkata Ramani Viswanadham as an Independent Director for a second five-year term.

The resolutions were passed during the company’s 42nd Annual General Meeting held on September 21, 2026, via Video Conferencing/Other Audio Visual Means (VC/OAVM). Sixty-nine members attended the proceedings, chaired by Chairman and Managing Director Lakshmana Rao Janumahanti. The statutory auditors’ report and secretarial audit report were unqualified.

Key Resolutions Passed

Shareholders voted on three ordinary business items and three special business items. Remote e-voting was conducted through Kfin Technologies Limited between September 17 and September 20, 2026.

Independent Director Re-appointment

Mrs. Madhuri Venkata Ramani Viswanadham (DIN: 08715322) has been re-appointed as a Non-Executive Independent Director for a second term of five consecutive years. Her new term is effective from December 27, 2026, to December 26, 2031. She is not liable to retire by rotation.

Mrs. Viswanadham is a Chartered Accountant in practice, a graduate in Law, and holds a diploma in business administration (Finance). She brings over 27 years of experience in accountancy, finance, audits, corporate laws, and taxation. She has no relationship with any other director on the Board.

Board and Management Attendance

The entire Board of Directors attended the AGM, including Independent Directors T.N. Dhanraj Tirumala, V.R. Madhuri Viswanadham, Ponnuswamy Ramnath, K Sobhana Chalam, and Eswara Rao Immaneni. Other attendees included CEO K.V.V. Prasad Raju, CFO D. Sarveswar Reddy, and Company Secretary Prateek Kumar Tiwari.

Statutory Auditor Raghuram Praturi of M/s Praturi & Sriram and Secretarial Auditor Ashish Kumar Gaggarr were also present. The Chairman provided an overview of the company’s performance for the financial year ended March 31, 2026, and outlined future growth prospects.

Mold-Tek Technologies has approved a bonus share issue in a 1:1 ratio and recommended a final dividend of ₹2 per share for FY26. The Board of Directors made these announcements in its meeting held on August 26, 2026. The bonus issuance is subject to shareholder approval at the Annual General Meeting (AGM).

Bonus share issue details

The company will issue one bonus equity share of face value ₹2 for every fully paid-up equity share of ₹2 held by shareholders as on the record date. This 1:1 bonus issue effectively doubles the number of shares held by each shareholder, with new shares issued at no additional cost. The total share capital increases proportionally, while the value per share adjusts accordingly.

The following table summarises the key details of the bonus share announcement:

The bonus equity shares will be issued out of free reserves available as on March 31, 2026. The company has Rs. 1,15,00,36,940 available in free reserve/retained earnings as of that date. The bonus issue is expected to be implemented within two months from the date of the board meeting. The specific record date for determining entitlement will be announced in due course.

The existing authorised equity share capital stands at ₹13,00,00,000. Management clarified that the proposal shall not impact the solvency margin or any other financial parameters of the Company.

Final dividend recommendation

The board also recommended a final dividend of ₹2.00 per equity share for the financial year ending March 31, 2026. This recommendation is subject to approval by members at the ensuing Annual General Meeting (AGM).

Key dates for the dividend and AGM are as follows:

The AGM will be conducted through video conference or Other Audio Visual Means. If declared, the dividend will be paid within timelines prescribed under law, subject to applicable tax deductions.

Management commentary

Speaking on the occasion, Laxmana Rao Janumahanti, Chairman & Managing Director, said the issuance marks an important chapter in the Company’s journey as it celebrates its 25th anniversary. He stated that the move provides an opportunity to express appreciation for the continued trust and confidence reposed by valued shareholders.