Mold-Tek Technologies Discloses Rs. 4.76 Crore Preferential Issue Proceeds Utilization for Nashik Office Construction
Mold-Tek Technologies Limited disclosed utilization of Rs. 4,75,60,000 from preferential equity issue for constructing new branch office building at Nashik location. The company will use 100% proceeds for capital expenditure on land acquired in 2023, replacing current rented premises. Project completion is estimated within 15-18 months from allotment date, supporting ongoing operations and future growth.

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Mold-Tek Technologies Limited has formally disclosed the utilization plan for proceeds from its preferential equity issue under Regulation 30 of SEBI (LODR) Regulations, 2015. The company communicated this information to both BSE and NSE on April 15, 2026, providing detailed bifurcation of the Rs. 4,75,60,000 raised through the preferential issue.
Fund Utilization Details
The company has allocated the entire proceeds for a single capital expenditure project focused on infrastructure development. The disclosure reveals a strategic investment in establishing a permanent operational base in Maharashtra.
| Parameter: | Details |
|---|---|
| Total Proceeds: | Rs. 4,75,60,000 |
| Utilization: | 100% for Capital Expenditure |
| Project Type: | New Branch Office Building Construction |
| Location: | Nashik, Maharashtra |
| Land Details: | Survey No. 217/1/A/2, Pathardi-1, District Nashik |
| Land Acquisition: | Completed in 2023 |
| Timeline: | 15-18 months from allotment date |
Project Background and Rationale
The construction project addresses the company's current operational setup in Nashik, where the branch currently operates from rented premises. The company acquired the designated land bearing Survey No. 217/1/A/2, situated at Pathardi-1, District Nashik, Maharashtra, in 2023, indicating prior planning for this infrastructure development.
The proposed construction aims to establish a dedicated facility that will support both ongoing business operations and accommodate future growth plans. This strategic move from rented to owned premises represents a significant step in the company's operational expansion in the Maharashtra region.
Regulatory Compliance and Timeline
Mold-Tek Technologies Limited has confirmed that the issue proceeds will be utilized exclusively for the stated purpose, ensuring compliance with regulatory requirements. The company estimates project completion within 15 to 18 months from the date of allotment, providing stakeholders with a clear timeline for the infrastructure development.
The disclosure references previous communications dated February 28, 2026, regarding the Board Meeting outcome, and March 06, 2026, relating to the Extraordinary General Meeting, indicating a structured approach to the preferential issue process.
Corporate Information
The disclosure was signed by Prateek Kumar Tiwari, Company Secretary and Compliance Officer, and submitted to both stock exchanges as part of the company's ongoing transparency and regulatory compliance obligations.
Historical Stock Returns for Mold-Tek Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +9.34% | +10.41% | +7.66% | -32.34% | -11.37% | +243.28% |
How will the new owned facility in Nashik impact Mold-Tek's operational costs and profit margins compared to their current rented premises?
What additional manufacturing or operational capacity will the new Maharashtra facility enable, and how might this affect the company's market share?
Could this infrastructure investment signal Mold-Tek's plans for further geographical expansion across other Indian states?


































