Mold-Tek Technologies Completes Acquisition of Beryl Engineering, Establishing Wholly-Owned Subsidiary

1 min read     Updated on 01 Nov 2025, 06:50 PM
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Overview

Mold-Tek Technologies Limited (MTTL) has finalized its investment in Beryl Engineering Inc., making it a wholly-owned subsidiary. MTTL invested USD 100,000 by subscribing to 10,000 shares at USD 10 each, resulting in 100% ownership. The company notified the BSE and NSE about this development on November 1, in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Mold-Tek Technologies Limited (MTTL) has announced the successful completion of its investment in Beryl Engineering Inc., marking a significant corporate development for the company. This strategic move, initially disclosed on October 16, 2025, has resulted in Beryl Engineering becoming a wholly-owned subsidiary of MTTL.

Investment Details

The company has provided key details of the transaction:

Aspect Details
Investment Type Share Subscription
Number of Shares 10,000
Share Price USD 10.00 each
Total Investment USD 100,000.00
Resulting Ownership 100% (Wholly-owned subsidiary)

Regulatory Compliance

MTTL has adhered to regulatory requirements by promptly informing the stock exchanges about this development:

  • The company notified both the BSE and the National Stock Exchange of India Limited on November 1, 2025.
  • This communication was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Implications

While the specific strategic rationale behind this acquisition has not been detailed in the available information, such moves typically aim to:

  • Expand the company's operational capabilities
  • Enter new markets or strengthen existing market positions
  • Acquire valuable intellectual property or technological assets
  • Enhance the overall business portfolio

Looking Ahead

The acquisition of Beryl Engineering as a wholly-owned subsidiary could potentially open new avenues for Mold-Tek Technologies Limited. However, the full impact and future plans related to this investment remain to be seen as the company integrates its new subsidiary.

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Mold-Tek Technologies to Acquire Beryl Engineering Inc., Expanding Global Footprint

1 min read     Updated on 16 Oct 2025, 02:25 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Mold-Tek Technologies has approved the acquisition of a 100% stake in Beryl Engineering Inc., a Florida-based engineering services company, for up to USD 100,000. The Board also approved a loan of up to USD 4.00 million to Beryl Engineering for strategic expansions and working capital. Beryl Engineering, incorporated on October 9, 2025, is yet to commence operations. The acquisition is expected to be completed by Q3 of FY 2025-26, marking Mold-Tek's strategic move to expand its global presence in the engineering services sector.

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*this image is generated using AI for illustrative purposes only.

Mold-Tek Technologies Limited , a prominent player in the engineering services sector, has announced a strategic move to expand its global presence. The company's Board of Directors has approved two significant decisions that will shape its future in the international market.

Acquisition of Beryl Engineering Inc.

Mold-Tek Technologies has given the green light for an investment of up to USD 100,000 to acquire a 100% stake in Beryl Engineering Inc., a newly incorporated engineering services company based in Florida, USA. This acquisition will make Beryl Engineering a wholly-owned subsidiary of Mold-Tek Technologies.

Key details of the acquisition:

Aspect Details
Investment Amount Up to USD 100,000
Acquisition Method Subscription to equity shares at par value
Shareholding 100% ownership
Expected Completion By Q3 of FY 2025-26

Strategic Loan Approval

In addition to the acquisition, Mold-Tek's Board has approved providing a loan of up to USD 4.00 million to Beryl Engineering. This financial support aims to facilitate strategic expansions and meet working capital requirements of the newly acquired entity.

About Beryl Engineering Inc.

Beryl Engineering Inc. is a nascent player in the engineering services sector:

Aspect Details
Incorporation Date October 9, 2025
Location Florida, USA
Current Status Yet to commence operations
Industry Engineering Services

Strategic Implications

This move represents a significant step in Mold-Tek's strategy to expand its footprint in global engineering services. By establishing a presence in the United States through Beryl Engineering, Mold-Tek Technologies aims to strengthen its position in the international market and potentially tap into new opportunities in the American engineering sector.

The acquisition and subsequent financial support demonstrate Mold-Tek's commitment to growth and its confidence in the potential of the newly acquired entity. As Beryl Engineering begins its operations under Mold-Tek's ownership, it will be interesting to observe how this strategic expansion unfolds and contributes to Mold-Tek's global ambitions in the engineering services domain.

Historical Stock Returns for Mold-Tek Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.46%+0.37%+11.25%+41.69%-6.95%+301.73%
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