Mold-Tek Technologies Limited informed stock exchanges that Prateek Kumar Tiwari resigned as Company Secretary and Compliance Officer. The resignation is effective from the close of business on Wednesday, September 23, 2026.

Tiwari cited personal commitments and the desire to pursue other career opportunities as reasons for his departure. He will cease to be a Key Managerial Personnel (KMP) under Section 203 of the Companies Act, 2013, and Regulation 30(5) of the SEBI LODR Regulations from the same date.

Regulatory Disclosure Details

The company filed this intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure complies with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding changes in key managerial personnel.

Transition and Handover

In his resignation letter dated September 21, 2026, Tiwari confirmed his last working day would be September 23, 2026. He stated his intention to ensure all responsibilities are properly handed over and offered full cooperation to facilitate a smooth transition before his exit.

J. Lakshmana Rao, Chairman and Managing Director of Mold-Tek Technologies, acknowledged the resignation. The company did not disclose immediate plans for a successor appointment in the filing.

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.